Big Four accounting firms urged to pay junior auditors more
Chair of regulator defends tough stance on standards and says firms have resources to raise wages Financial & markets regulation
Why ‘harvested by hand’ labels bother me
Supermarket claims about the use of human labour rather than machines give us too little informationArtificial intelligence
Bank of England: soaring gilt yields sharpen focus on forecasting errors
BoE’s forecasts are based on announced government policy, while everyone else can use their common senseCentral banks
UK watchdog bans Anglian Water advert over sewage spill record
Advert gave ‘misleading’ impression company was making ‘a positive overall environmental contribution’Advertising
Bunge to buy Glencore-backed Viterra in $8.2bn agribusiness deal
Combined group to rival largest global grain and oilseed handlersMergers & Acquisitions
How did the Bank of England get its migration forecasts so wrong?
(In addition to all the other things it got wrong)Central banks
JPMorgan cuts ties with Odey Asset Management
Move comes as firm’s subsidiary Brook Asset Management blocks withdrawals from one of its funds Financial & markets regulation
The bear market case for oil
Also in today’s newsletter, a ‘climate club’ on tradeRenewable energy
Five senior Credit Suisse executives leave in wake of UBS takeover
Chief financial officer Dixit Joshi and general counsel Markus Diethelm are among staff exitingInvestment Banking
UK sportswear group Frasers buys stake in AO World
Investment aims to drive growth following 2 years of talks Mergers & Acquisitions