Oil climbs after Biden fails to secure Saudi output hike – as it happened
by Kalyeena Makortoff from on (#61GY8)
Brent crude prices pushed past $100 per barrel after US president Joe Biden failed to secure output hike agreements with the world's top oil exporter
Grant Thornton has been fined 1.3m for serious" failures in two audits of Sports Direct accounts.
The fine applied by the accounting watchdog, the Financial Reporting Council (FRC), relates to two audits in 2016 and 2018.
The audit failings in this case were serious and relate to fundamental auditing standards.
It is particularly important that auditors follow up with due rigour where they have identified potential related party transactions as a significant audit risk.