New payday loan regulations come into force
Craig TaylorPayday lenders now have to advertise on at least one price comparison site under new rules. BBC News – Business
Business
White House denies ‘egregious’ budget accounting error
A former US treasury secretary says it is the “most egregious” mistake he has seen in four decades. BBC News – Business
Government borrowing at three-year April high
The Office for National Statistics says the government borrowed £10.4bn last month. BBC News – Business
Ex-RBS boss Fred Goodwin to face investors in court
Former top bankers at RBS will appear in court for the first time since the bank’s near collapse. BBC News – Business
Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke
Billionaire Alisher Usmanov makes a £1bn bid to wrest control of Arsenal from majority shareholder Stan Kroenke, who has rejected it. BBC News – Business
Peppa Pig owner announces new series
The character’s owner, Entertainment One, is making 117 new episodes of the pre-school cartoon. BBC News – Business