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Tag Archives: consumer services

U.K. stocks extend negative streak for second day

U.K. stocks fell Wednesday, as the FTSE 100 Index UKX, -0.08% closed at 7,593.00. Of the FTSE 100 constituents, air freight company Royal Mail PLC RMG, -5.17% saw the largest decrease Wednesday, as shares shed 5.17% Shares of investment advisors firms Schroders PLC SDR, -3.23% abrdn PLC ABDN, -2.48% dropped …

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Government-Backed Review Proposes Overhaul of U.K. Audit Sector

A review commissioned by the U.K. government is proposing far-reaching changes to the country’s audit sector amid concerns about conflicts of interest, the quality of audits and the structure of the industry. The 135-page report by Donald Brydon —the former chairman of various British companies including London Stock Exchange Group …

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