UK banks fined €1bn by EU for rigging foreign exchange market

European commission says decision shows ‘collusive behaviour will not be tolerated’Five banks including Barclays and Royal Bank of Scotland have been fined a total of more than €1bn (£875m) by the European Union for rigging the multi-trillion dollar fo…

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Purplebricks needs to conquer the UK before becoming a world leader | Nils Pratley

Departure of online estate agent’s chief executive seems to signal reality biting after share price fallA year ago, Purplebricks’ boast about being a “world-leading” competitor to traditional estate agents sounded cheeky, but not hopelessly so. The wou…

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Trade war and Brexit pose mounting risk to EU economy, says EC

European commission warns of ‘major shock’ and slashes growth forecast the unionThe threat of a full-blown trade war between the US and China and Brexit uncertainty are posing mounting risks to the EU economy, the European commission has warned, after …

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As Europe builds its 5G network, security – not cost – must come first | Julian King

Concerns over Chinese involvement via Huawei underline why a risk-based approach to cybersecurity is vital• Sir Julian King is European commissioner for the Security UnionOn 26 March, the European commission published a recommendation designed to ensur…

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EU set to cut carbon dioxide emission levels for new trucks by 30%

European parliament expected to pass laws forcing industry to cut CO2 pollution by 2035European lorry makers face having to cut the carbon dioxide emissions for new trucks by almost a third by 2035, while a UK government body has called for a total ban…

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