Law and business: commercial news round-up 20.08.15
updated on 20 August 2015
Want to get a handle on what’s happening in the commercial world and how it might affect your clients of the future? Read this collection of stories from the past couple of weeks to get a glimpse:
- Various global energy companies have secured licences to explore fracking opportunities in the United Kingdom, handed out by the government on Tuesday.
- May contain adult themes; WHSmith’s profits have been given a boost by sales of adult colouring books and adult novels, such as the Fifty Shades of Grey sequel.
- Robert Peston looks at why Mark Carney’s indication that interest rates could rise early in 2016 is not a case of “crying wolf”.
- The global markets grow ever tenser as the China stock market continues to plunge – its largest drop in eight years occurred on Tuesday.
- The FCA announced that the Cooperative Bank had been guilty of “multiple failings”, but decided not to fine it – BBC’s Kamal Ahmed wonders “when is a punishment not a punishment”?
- Not so lucky when it comes to avoiding a fine, Network Rail has been fined £2 million for delays related to the redevelopment of London Bridge station and in Scotland.
- And news related to the Greek bailout continues to move quickly – follow the latest developments on the Guardian’s live business blog.
Be sure to check the News section every Thursday for this weekly commercial news round-up. Follow @LawCareersNetUK and @CityLawLIVE on Twitter for instant business news updates.
