Ten questions for the HMRC chief on the HSBC scandal
The boss of HMRC Lin Homer faces a grilling in front of the Public Accounts Committee later today. If Channel 4 News had a seat at the table here’s 10 things we’d love to ask her.
Siobhan Kennedy , Washington Correspondent
Siobhan Kennedy is the Washington Correspondent for Channel 4 News, based in DC.
Siobhan joined Channel 4 News in 2008 where, as Business Editor, she covered the financial crisis, austerity and its impact on the British economy and more recently, Brexit.
Before that, as a reporter for The Times, she worked as Politics and Business Correspondent and prior to that was a correspondent for Reuters in London and New York, where she covered the tech boom and bust and 9/11. She returns to the US just in time for the 2020 election campaign.
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HSBC whistleblower: Spanish have much more data than UK
HSBC whistleblower Herve Falciani tells Channel 4 News that the UK authorities have a good opportunity to collaborate with their Spanish counterparts over wrongdoing at HSBC’s Swiss branch.
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More questions than answers over the HSBC tax scandal
There were more questions posed than answers given today in connection with HSBC. Why, for example, did HMRC not tell anyone it received a file with allegations against the bank in 2010?
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Power lies with supermarkets, not suppliers
Clearly in a vicious cut-throat pricing environment, like the one we’re in now, all the power incorrectly lies with the supermarket and it’s the suppliers who get abused. That has to change.
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BP faces ‘reset phase’ – also known as a serious problem
BP is by no means on the brink – but the fall in the price of oil, combined with profits down for the last quarter of 2014, confirm that the company has problems.
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Shell resumes Arctic drilling plans
The energy giant Royal Dutch Shell is reviving plans to drill in the Arctic, saying the world needs new sources of oil. Environmentalists say the risks are too high.
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UK’s economic growth powered by consumer spending
While official figures show Britain’s economy grew in the last quarter of 2014, there are reasons why we shouldn’t celebrate just jet.
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British Gas announces five per cent price cut
British Gas has announced a five per cent cut in gas prices which will come into effect at the end of February, although it fails to match the scale of the drop in the wholesale price of gas in recent months.
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Ministers urged to back crisis hit oil industry
An urgent commission is being set up to consider the impact of plunging global oil prices on the North Sea, as energy giant BP reacted to the drop by axing hundreds of jobs.
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Will pay keep up with rise in graduate jobs?
A new recruitment study suggests that the number of graduate jobs with major employers is set to reach a 10 year high, but will pay be able to keep up? Business Correspondent Siobhan Kennedy reports.
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Oil prices reach five-year low
As oil prices reach a five-year low, supermarkets order another 2p a litre cut in the price of petrol at the forecourts.
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This is 2014. Equal pay for women isn’t ‘anti-business’
Why, 46 years on from a famous equal pay protest by women at Ford in Daghenham, do women in the UK still earn 81p for every male £1?
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UK banks to pay massive fines for rigging foreign exchange market
First it was Libor. Now Britain’s biggest banks are poised to disclose massive fines for their role in the manipulation of the global foreign exchange market, or Forex.
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RBS boss outlines plans after bank posts £8.2bn loss
Ross McEwan missed an opportunity to do something bold on Thursday. For starters, here’s a good way to restore trust in Britain’s most mistrusted bank.
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Shadowy unit inside state-owned RBS bank
Exclusive: for the first time, a whistleblower tells Channel 4 News that RBS’s GRG unit asset-strips businesses and charges fees to push firms to the brink. For more, watch at seven.
