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Consumer confidence back at Brexit vote low

Consumer confidence has returned to a level not seen since the immediate aftermath of the shock Brexit vote, according to a closely-watched survey. The measure, compiled by market research specialists GfK, pointed to falls in people’s expectations in each of the five main categories bar one this month. The …

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PwC warned over Vodafone audit 'conflict'

The world’s biggest auditor is facing fresh questions over its independence after a powerful shareholder adviser warned of a possible conflict of interest in its relationship with Vodafone. Sky News has obtained a report by Institutional Shareholder Services (ISS) highlighting PricewaterhouseCoopers’ (PwC) dual role as auditor to Vodafone and …

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The $89bn man

Amazon founder Jeff Bezos briefly overtook Bill Gates on Thursday to become the world’s richest person, as his worth hit $91.4bn (£70bn).A sharp rise in Amazon shares meant Mr Bezos’s wealth eclipsed that of the Microsoft co-founder for a time according to Forbes.But as Amazon shares fell back, Mr …

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Air France-KLM is buying 31% of Virgin Atlantic

Media playback is unsupported on your device Air France-KLM is buying almost a third of Virgin Atlantic, leaving Sir Richard Branson’s parent company, Virgin Group, with a minority stake in the airline he founded.Air France-KLM is taking a 31% stake, worth £220m, in Virgin Atlantic as part of a …

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