Tesco's largest shareholder, the Norwegian government pension fund, has offloaded a large proportion of its holding in the supermarket.
The £570bn scheme, which is run by Norges Bank Investment Management, sold 27 million shares during December to bring its ownership of the UK retailer below 6%, according to The Sunday Times. It has sold...
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.