A former top HSBC banker has been found guilty of defrauding a client in a $3.5bn currency deal, a landmark legal decision that could have far-reaching implications for the workings of the $5.3tn-a-day foreign exchange market.
A new emission charging system for older, more polluting vehicles in London is just a “first step” and must be accompanied by wider measures such as a national diesel scrappage scheme, according to environment groups.
Netflix is raising another $1.6bn (�1.2bn) from investors to finance new shows and possibly make acquisitions. The video streaming service plans to spend up to $8bn on content next year to compete with fast-growing rivals.
And finally... Pendragon have ended the day a whopping 18% down, at a four-year low. This morning's profit warning has gone down very badly with the City, with traders unimpressed that the firm will only make �60m this year, not the �75m previously ...
John Caudwell says he 'loved' his former business partner but had lost faith in her. Photograph: Rex/Shutterstock. UK news.