Wood Group fined £13mn for overstating three years of profits
FCA investigation finds engineering group’s ‘poor operating culture’ led to accounting errors
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Millions face longer waits for payouts from £11bn UK motor finance redress scheme
Regulator grants lenders extra time to prepare for record compensation plan
Iran war pushes world’s best-performing stock market into huge sell-off
South Korean equities have lost almost 20% since start of conflict
South Korean stocks hit hardest by Iran war as market plunges 12%
Kospi index suffers worst one-day drop as conflict rocks Asian markets
Middle East conflict poses fresh test to central banks as oil shock fuels inflation
Middle East conflict has posed a fresh test to central banks, with fears of an oil shock and renewed inflation risks changing their bid to shore up growth.