Forex rate fixing scandal

Did forex rate fixing scandal survive the Visa apocalypse? What on earth has been going on in Italy and what does it mean for you?

Perks of a park: Will more national parks across Britain be good news for homeowners? Trump’s tariffs explained: What are they, how has the world reacted and what are the implications for Britain and global trade? Shares in under-fire Olympic security firm G4S enjoyed a reprieve today as bargain-hunters bought into the battered stock. G4S, whose boss Nick Buckles admitted to MPs yesterday that its staffing debacle had been a ‘humiliating shambles’, closed 4. 9p having fallen sharply over the previous four sessions. Meanwhile, the wider FTSE 100 Index was up 1 per cent or 56.

8 amid improving signs on the other side of the Atlantic, although analysts warned against being ‘over excited’ about today’s rally. US data on housing starts showed home construction increased by a better-than-expected 6. 9 per cent between May and June to an annual rate of 760,000 – the highest level in nearly four years. This helped offset yesterday’s disappointment over US Federal Reserve chairman Ben Bernanke’s failure to signal more stimulus measures for the world’s biggest economy. The pound was down against the US dollar at 1. 56 after Bank of England minutes hinted at a possible interest rate cut and additional quantitative easing in the months ahead.

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