The big four auditors are failing – and the watchdog’s report won’t change that | Prem Sikka

The near-collapse of BHS, Carillion and the bailed-out banks wasn’t spotted. The CMA’s remedy shows it is not fit for purposeWhat do BHS, Carillion, Conviviality, Quindell, Aero Inventory, the Co-op Bank, and London and Capital Finance have in common? …

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ONS harnesses big data in effort to quickly spot economic trends

Novel ways of monitoring the UK economy include counting the number of trucks on roadsGovernment statisticians are trying to harness the power of big data technology, monitoring the number of lorries on roads and company VAT receipts, in an attempt to …

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How women can invest more ethically | Letters

We need to think hard about the kind of future our money is going to support through our investments, writes Mary Stevens of Friends of the Earth. Plus a letter from Margaret SquiresYour article on why women need to start investing to exercise more con…

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Wall Street loves socialism for bankers, but not for ordinary people | Robert Reich

JPMorgan CEO Jamie Dimon decries socialism. Unless of course it’s the banks that need a government bailoutIn his annual letter to shareholders, distributed last week, JPMorgan Chase CEO Jamie Dimon took aim at socialism, warning it would be “a disaster…

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City optimism falling at fastest rate since financial crisis – CBI

Survey of 84 firms finds 53% less optimistic and 10% more upbeat than three months agoBritain’s escalating national emergency over Brexit has led optimism in the financial services industry to plunge at the fastest rate since the financial crisis, acco…

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The global economy is slowing down. What can governments do about it?

A decade after the crash, many nations are still on emergency monetary policies, even before a new downturn strikesCentral banks are getting twitchy. On average, recessions have come along once a decade since the mid-1970s and the nadir of the last dow…

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