Advertisement
UK markets closed

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • CRUDE OIL

    83.08
    +1.18 (+1.44%)
     

  • GOLD FUTURES

    2,341.70
    -4.70 (-0.20%)
     

  • DOW

    38,500.46
    +260.48 (+0.68%)
     

  • Bitcoin GBP

    53,591.15
    +255.68 (+0.48%)
     

  • CMC Crypto 200

    1,436.32
    +21.56 (+1.52%)
     

  • NASDAQ Composite

    15,682.11
    +230.81 (+1.49%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

PRESS DIGEST- Financial Times - July 18

Reuters

July 18 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

BNP Paribas bill for forex breaches rises to $600 mln http://on.ft.com/2u3nNVS

Bringing Carolyn McCall on board could cost ITV 2.5 mln stg http://on.ft.com/2u3jf29

EU accuses Teva Pharmaceutical of anti-competitive behaviour http://on.ft.com/2u3m8jg

Carillion hires EY to assist with a review of finances http://on.ft.com/2u3Dz3h

Overview

The fallout from investigations into foreign exchange price fixing deepened on Monday when US authorities hit BNP Paribas SA with a new fine and former traders at three other banks appeared in court over an alleged conspiracy.

ADVERTISEMENT

ITV PLC's appointment of Carolyn McCall as its chief executive could cost the UK broadcaster up to 2.5 million pounds after it agreed to fully compensate the easyJet Plc boss for the loss of long-term share options and bonus payments.

The European Commission has accused Teva Pharmaceutical Industries Ltd of anti-competitive behaviour over an agreement it made with US-based rival Cephalon.

Carillion Plc has hired professional services firm EY to assist with a review of its finances, as the UK construction and support services group turns to more outside advisers in a bid to repair its balance sheet. (Compiled by Bengaluru newsroom)