Moody's puts UK infrastructure on negative watch
Rating agency Moody's has put government-backed UK rail infrastructure on negative watch - raising questions for pension schemes under pressure to invest in the country's transport network.
The agency, which downgraded the UK's sovereign rating from stable to negative on Monday, has changed its outlook for Network Rail Infrastructure Finance and London & Continental Railway Finance from stable...
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'Big four' must split audit and consultancy work, says CMA
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.
DWP publishes GMP conversion guidance
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.
Five stories you may have missed this week
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.
