UK - The Kodak Pension Plan has continued its £50m commercial property spree with the acquisition of two Surrey office blocks.
The £750m scheme teamed up with Scottish property investor Halladale in an equal joint venture to buy the Weybridge blocks for £3.4m.
Kodak has also bought a £17.2m retail warehouse in Stockton-on-Tees.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.