Keep up to date with the latest accountancy and business news in our weekly round-up

 

No-deal Brexit would cost Ford up to $1billion

Ford Motor Co said on Thursday that it faces a bill of up to £767 million if Britain leave the EU without a deal, comprising of the impact of the weaker pound and World Trade Organisation tariffs.

Patisserie Valerie plunges into administration closing 70 cafes immediately

The café chain has now gone into administration for good after failed rescue talks with banks, putting up to 900 jobs at risk.

Venezuelan government could topple on its own, even without new US sanctions, economists say

Capital Economics economists have said that Venezuela have the makings of a situation so bad that it could bring about its own regime change.

London Pride maker Fuller’s sells beer business to Asahi for £250m

London Pride beer is to be brewed by Japan’s Asahi after Fuller, Smith & Turner sold its entire brewing operation after 174 years.

MPs back expansion of Women in Finance Charter

The AAT is calling for an extension of the Women in Finance Charter to cover all businesses in the UK. The Charter launched in 2016 and has been signed by over 300 financial services firms.

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