Headlines - EY split paused amid partner infighting over fate of tax experts - FCA contacts banks' boards over failure to pass on interest rate rises to savers - Insurer Beazley cuts CEO and finance chief pay after results error - Britain plans looser foreign worker rules to plug labour gap
Overview - EY has paused its plan to separate its auditing and consulting businesses on a dispute over how much of its tax business should stay with the audit side of the Big Four firm. - UK's financial watchdog has raised the issue of some banks not passing on interest rates to savers with the boards of the banks. - Insurer Beazley Plc has cut the pay of its chief executive officer and group finance director after its full-year results had an error in the number of shares used to calculate the compensation. - Britain is planning to open its doors to more foreign workers, beginning with looser rules for the construction sector, to tackle chronic shortages in its labour market.
(Compiled by Bengaluru newsroom)
