Daily Mail Business Articles

The Wirecard scandal has become the latest chapter in a long story of corporate calamities where serious problems have emerged in the books of large listed firms.

Bosses admitted that a frantic search for the missing money had reached a dead-end in the Philippines, where it was supposed to be held in trust accounts at two Asian banks.

Peter Cowgill’s triple role of chairman, chief
executive and chairman of the nominations
committee grants him unusual dominance
on the board of a FTSE100 company.

The controversial lender, dubbed a ‘legal loan shark’ by MPs, said it was back in talks with the City watchdog over how it would clear the enormous backlog of grievances.

The over-50s specialist has handed £44m of advance payments back to customers who had booked a Saga holiday, after it was forced to suspend its travel operations in mid-March.

The European Commission announced that it was concerned the blockbuster takeover could hinder competition in the provision of critical data used across global markets.

Staff at the sandwich chain are braced for an announcement on the ‘jobs situation’ on July 8 after an online meeting involving boss Pano Christou.

Chancellor Rishi Sunak has announced that Nikhil Rathi – boss of the London Stock Exchange – was the ‘outstanding candidate’ to lead the Financial Conduct Authority.

We understand that the pair are among hundreds of investors who have filed a £1.3billion lawsuit against the bank for its role in the Eclipse Partnerships.

JD confirmed it planned to put its subsidiary Go Outdoors into administration, putting 2,400 jobs in jeopardy. But on June 5, Peter Cowgill sold shares at an average price of 671.7p per share.