Morning Wrap: today's top business stories
News stories from around the web.
Treasury pledges extra £2m for Barclays probe (FT)
The UK Treasury is expected to pledge special “blockbuster” funding to the Serious Fraud Office to back its investigation into Barclays’ emergency fundraising five years ago, in a sign of the agency’s escalating probe into the bank.
Apple supplier accused of labour violations (FT)
A China labour watchdog has accused Pegatron, a big supplier to Apple, of employing underage workers and pressuring employees to work illegal overtime in its factories.
Energy watchdog Ofgem failing consumers, say MPs (BBC)
Energy regulator Ofgem is not doing enough to ensure that energy company profits are transparent, MPs say.
The Energy and Climate Change Committee (ECCC) report said the watchdog was "failing consumers by not taking all possible steps to improve openness".
Boeing requests worldwide inspection of aircraft (BBC)
A UK regulator had recommended the inspection after a fire broke out on a 787 Dreamliner jet parked at Heathrow airport earlier this month.
It was traced to the upper rear part of the plane where the part - Emergency Locator Transmitter (ELT) - is fitted.
Publicis and Omnicom tie $35bn knot to oust WPP (Telegraph)
British advertising giant WPP has lost its crown as the world’s biggest agency after a $35bn (£22.75bn) tie-up between two of its major rivals.