Nvidia gets nod from Washington to resume sales of H20 China chip

Leading AI chipmaker had taken $4.5bn writedown after tightening US controls banned export of its key product
BDO’s audit work strongly criticised by UK regulator

FRC says mid-tier accounting firm must improve its scrutiny of companies’ financial statements
How BYD caught up with Tesla in the global EV race

The Chinese group is poised to outsell its US rival this year after it dramatically narrowed the technology gap between the two
Universities in England at risk of long-term decline, says British Academy

Outgoing president Dame Julia Black calls on ministers to overhaul their ‘confused’ approach to higher education
Plan to boost returns from Russian assets ‘expropriation’, warns Euroclear

Clearing house chief executive warns against EU plan to raise more money for Ukraine by investing in riskier assets
City leaders call for ‘tax certainty’ from Rachel Reeves

Wealth managers warn ahead of chancellor’s Mansion House speech that ‘thousands of millionaires’ are leaving UK