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Wednesday, December 27, 2017

Barclays expects $1.3 billion writedown from U.S. tax reform

LONDON (Reuters) - Barclays expects to take a writedown of about 1 billion pounds ($1.34 billion) on its annual post-tax profit as a result of the U.S. tax overhaul, the bank said in a statement on Wednesday.


from Reuters: Business News http://ift.tt/2liNfBw

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Sunak defends Covid loan scheme over excessive fraud claims

Critics say Bounce Back Loans were vulnerable to fraud, but Sunak cited need for speedy rollout from BBC News https://ift.tt/rgq61ht