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PwC to face MF Global lawsuit

Gavel Jason Morrison

A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1bn lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global, a brokerage run by former New Jersey Governor Jon Corzine.

France's 35-hour working week under threat

Hard Hat In Office Tray

France's new economy minister, former investment banker Emmanuel Macron, has taken a shot at the country's short working week, suggesting regulation should be eased and firms given the freedom to up staff hours.

UK economy to grow at fastest rate since 2007

Flag Of The United Kingdom - Union Jack

Britain's economy will grow at its fastest rate since 2007 this year, the British Chambers of Commerce (BCC) said, but called on policymakers to ensure the performance is not a "flash in the pan".



Next Shop

Investors in Next critical over dividend disclosure

Next has been criticised by a group of heavyweight investors who say the company failed to act on a warning that could have prevented it from breaking company law, forcing the retail group to hold an expensive shareholder meeting this week.