Wood Group fined £13mn for overstating three years of profits

FCA investigation finds engineering group’s ‘poor operating culture’ led to accounting errors

Posted on Wednesday March 04, 2026

Citi’s security unit was meant to probe misconduct. Employees say it protected the bank instead

Internal team staffed by ex-law enforcement ‘operates as HR’s internal hit squad’, former executive says

Posted on Wednesday March 04, 2026

Luigi Lovaglio set to be ousted as Monte dei Paschi chief

Incumbent left off list of candidates for new board ahead of his current term ending next month

Posted on Wednesday March 04, 2026

Millions face longer waits for payouts from £11bn UK motor finance redress scheme

Regulator grants lenders extra time to prepare for record compensation plan

Posted on Wednesday March 04, 2026

Private capital’s stress test

As groups watch their shares plunge, they’ve been forced to explain their portfolios and prove their assets’ worth

Posted on Wednesday March 04, 2026

Labour MP’s partner among 3 arrested in UK on suspicion of spying for China

London’s Metropolitan Police said officers had searched addresses in London, Wales and East Kilbride

Posted on Wednesday March 04, 2026

Gulf insurance costs soar 12-fold despite Trump guarantee

Shipowners quoted millions of dollars in premium as brokers grapple with risk

Posted on Wednesday March 04, 2026

Dollar shines in Iran turmoil as conflict upends popular trades

Wall Street stocks have played catch-up with peers as investors sell this year’s winners

Posted on Wednesday March 04, 2026

US submarine sinks Iranian warship in Indian Ocean

Attack on frigate off southern coast of Sri Lanka fuels fears Iran war extending beyond Middle East

Posted on Wednesday March 04, 2026

Turkey says Nato intercepted Iranian missile heading for its airspace

Hegseth says US sank Iranian ship in Indian Ocean

Posted on Wednesday March 04, 2026