EY sets aside record £188mn for fines and legal claims
Filings show Big Four firm has added to pot of cash as it battles multiple probes linked to quality of its audit work
Economic_News
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Donald Trump vs the oil market
US president appears to make abrupt policy pivots based on swings in crude prices
Iraq’s economy teeters as oil sales collapse due to Iran war
Crude exports have fallen by more than 70% leading to a major shortfall in the state budget
The spectre of stagflation
War in Iran threatens to hit growth and confidence, deepen governments’ unpopularity and hurt public finances
Hong Kong weighs ‘big bang’ tax cuts for asset managers
Expansion of carried interest regime could mean zero levies on performance fees at hedge funds