Rate rise on agenda despite China woes
Bank of England governor Mark Carney says the decision on when to raise UK interest rates is still likely to be made at the end of the year, despite China’s slowdown.
HSBC glitch payments ‘all processed’
A computer glitch that delayed 275,000 HSBC payments has now been resolved, the bank tells the BBC.
Brooks ‘to return as News Corp chief’
News Corp confirms it is in talks with Rebekah Brooks after the Financial Times newspaper reports she is to return as chief executive of its UK division.
Ex-Sainsbury’s boss slams Living Wage
Justin King, the former chief executive of Sainsbury’s, says the National Living Wage will “destroy jobs”.
Shanghai shares end wild week down 8%
Chinese shares have ended the week almost 8% lower after volatile trading that started on Monday with shock losses and spread fear to global markets.
CPS considers new hacking prosecution
The Crown Prosecution Service is considering a file for a possible corporate prosecution over phone hacking at the now closed News of the World.
Ashley Madison founder steps down
The founder and chief executive of the Ashley Madison extra-marital affair website, Noel Biderman, steps down following data hack.
‘Flash crash’ trader hearing to proceed
Navinder Sarao, the so-called “flash crash” day trader, fails in his bid to postpone his US extradition hearing.
Brazil’s economy enters recession
Brazil enters recession, as official figures show the country’s economy contracted by 1.9% between April and June, compared with the previous three months.
