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The Latest Breaking News from Mazars

Pawnbroker loan value rises beyond £250m in 2023

Many pawnbrokers’ highest-interest loans have an APR in excess of 100%

Evening Standard

Jamie Dimon delivers hard-nosed message on bank interest rate risks

Here's what could happen next to the economy and interest rates.

The Street

Trump’s tale of business genius could meet sorry end in New York fraud trial

The ex-Apprentice host projected an image of success but the outcome of the case could be a death blow to his companies

The Guardian - US

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Trump businesses received millions in foreign payments while he was in office

Countries including China and Saudi Arabia spent $7.8m, ‘often lavishly’, at Trump properties, report by House Democrats finds

The Guardian - US

How Target and Walmart can actually stop retail theft

The retail giants have complained about shoplifting and organized retail crime but consumers won't like how they can stop it.

The Street

Donald Trump’s lawyers focus on outside accountants who prepared his financial statements

Donald Trump’s lawyers are digging into an outside accounting firm’s role in preparing financial statements at the heart of New York Attorney General Letitia James’ lawsuit

The Independent UK

Trump family on trial: five takeaways from a week in the New York fraud case

Eric Trump and Donald Trump Jr both testified in a trial featuring a copious paper trail, plenty of blame shifting and a gag order

The Guardian - US

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Expert alarmed over $2M Weisselberg deal

"That is likely on his mind as he testifies," ex-prosecutor says as court proceedings reveal contract

Salon

London has 19 of UK’s top 20 ‘risky mortgage’ postcodes

As interest rates rise, mortgages in these postcodes may be at the highest risk of default

Evening Standard

Bakhurst says RTE may have to consider compulsory redundancies in the future

An interim forensic accounting report into RTE’s barter account system, carried out by Mazars, is to be published later on Friday.

The Independent UK

Golf has long been about making connections. That won't change in an LIV-PGA Tour world

The history of golf courses serving as a boardroom with grass is a lengthy one

The Independent UK

£5m Surrey mansion at centre of row over Russian bank sanctions loophole

Lawyers claim the assets of a Russian banker accused of fraud can be legally sent to a bank controlled by Vladimir Putin

The Guardian - UK

"Sales are down and costs are up" - North East craft brewers face bitter battle as shoppers turn to cheaper pints

It's not all doom and gloom for local breweries as drinkers gain a thirst for saving money in the cost of living crisis

Chronicle Live

All jobs saved after historic castle hotel sold out of administration

Leasowe Castle Hotel 'continues to trade as normal under the management and direction of the new owner' and all bookings will be honoured

Birmingham Post

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news in one place.

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Liverpool Echo

New buyer found for Leasowe Castle Hotel after it went into administration

The hotel 'continues to trade as normal under the management and direction of the new owner'

The Guardian - UK

Rise in UK breweries going bust amid thirst for cheaper craft beers

45 breweries, mostly smaller makers, enter insolvency in last 12 months, up from 15 the previous year

Birmingham Post

‘Marquee’ Bristol office building near Temple Meads station acquired

The property at 90 Victoria Street provides a base in the city for accounting firms Mazars and PKF Francis Clark

Salon

House GOP quietly kills Trump tax probe

GOP and Trump's team "appear to have acted in coordination to bury evidence," Rep. Jamie Raskin says

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news in one place.

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Liverpool Echo

Council outlines changes made since expensive electricity contract errors

A damning report outlined a litany of significant failings last year

Fortune

Binance executive says balance sheet audit is ways off

After the fall of FTX, cryptocurrency exchanges have been pressured to show that their customers’ assets are secure.

The Street

Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage

Cryptocurrency exchange crypto.com is paring jobs, just a few months after an initial round of cuts.

The Street

Crypto Exchange Huobi Has Bad News

The platform, which is headquartered in the Seychelles, is one of the latest victims of the crisis affecting the sector for a year.

The Street

Crypto Price Check: Ghosts of Crypto Haunt Battered Sector

As Sam Bankman-Fried is returned to the U.S., the impact of the FTX bankruptcy appears to be haunting the sector.

Al Jazeera

What is the post-FTX future of cryptocurrency?

Cryptocurrencies, experts say, have mainly been speculative, which only worked as long as real dollars were there.

The Street

'Big Short' Burry Sees Similarity Between Crypto And the 2008 Financial Crisis

The fledgling financial services industry has been trying to be transparent since the overnight implosion of cryptocurrency exchange FTX.

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