After the huge Oscars mix up at the beginning of the week, there’s plenty of business and finance news floating about! Get your fix of the latest banking, pension and accountancy news by reading our round-up below.
BHS deal welcomed but views split over DB framework
Sir Philip Green, chairman of the Arcadia Group, will pay £363 million to a new pension scheme for former employees of BHS.
Britain’s smaller, challenger banks have won concessions from officials in order to make it easier for them to apply for approval to use internal ratings based model used by big banks.
Results from a round of latest surveys show that Britain’s economy is cooling, leading to concerns that an increase rate rise this year by the Bank of England is less probable than a cut.
After the huge Oscars mix up over the winner of the best picture award, two PwC partners to blame have been banned from future ceremonies.