In the last several years there have been blunders at Carillion, Conviviality, Patisserie Valerie and Thomas Cook. The conflict between audit and other work, is there for everyone to see at Boohoo.
Parliament’s business committee pressed ministers to make a series of urgent changes to corporate rules following Thomas Cook’s collapse in September last year.
The Saudi Arabian branch of Tecnimont sent £4m to an account based in Natwest’s Brixton branch after being contacted by a scammer who hacked the finance vice president’s email account.
London-listed Nanoco is alleging Samsung stole its patented techniques to create tiny specialist semiconductors known as quantum dots which it used in its new range of high-tech QLED TVs.
Just days after Chancellor Rishi Sunak announced a stamp-duty holiday to kick-start the property market, analysis by financial advisers Moneyfacts shows the cost of home loans has hit a low.
Aiming to capitalise on savers’ uncertainty during the coronavirus lockdown, the fraudsters have been impersonating real investment managers and their products – investment bonds in particular.
As larger rival Boohoo continued to reel from the sweatshop scandal, Quiz’s shares fell more than 20 per cent in early trading as it was also hit by allegations about underpaid workers.
A minority of the 1m small business owners who have borrowed a Bounce Back loan so far, are using the money to buy Ferraris, property or even premium bonds, according to experts.
Services and manufacturing output jumping by more than 10 points each, as more businesses were allowed to reopen by the government.
Half of all bosses said they cannot make preparations until ministers provide certainty over the nature of the future relationship, according to a survey for the Institute of Directors.