Monday, October 22, 2018

Watchdog fines KPMG £4.5m for misconduct linked to Quindell audit

The accountancy firm said it accepted the FRC's findings ( Reuters ) KPMG has been fined £4.5m by the accounting regulator over its audit of Quindell, the insurance outsourcer that became embroiled in scandal in...

Jeremy Corbyn pledges to end ‘scourge’ of sexual harassment at work

The party would would make it easier for victims of sexual discrimination to take their companies to an employment tribunal and also make it compulsory for bosses to reveal their anti-harassment...

Most wanted US Air Force fugitive found in California after 35 years on the...

Captain William Howard Hughes Jr had been living undetected in California for 35 years ( US Air Force ) A fugitive military officer with top secret security clearance, who had been missing for almost 35...

The next big fast food chain will come from South America, say experts

Churromania: set to be one of South America’s most successful exports ( Sami Keinänen ) The next big food franchise will come out of Latin America, experts have claimed, with a number of...

Renationalising railways supported by almost two thirds of Britons, exclusive poll reveals

More than 15,000 trains have been cancelled or delayed since the timetable changes came into force in May ( Getty/iStock ) An overwhelming majority of the public would support renationalising the railways amid...

Poundworld collapses into administration putting more than 5,000 jobs at risk

The pound shop chain has appointed partners from Deloitte as administrators ( Poundworld ) Poundworld has gone into administration, putting more than 5,000 jobs at risk. The discount retailer had been in last-ditch rescue talks between...

Big business bosses will be forced to justify salaries under new government plans

Getty Big businesses will have to justify the salaries of top bosses and lay bare the gap between their chief executive’s pay packets and the average worker for the first time. Under new laws...

Jaguar to move production of Land Rover Discovery from UK to Slovakia

The car maker would not confirm how many roles would be affected ( REUTERS ) Jaguar Land Rover is to move all production of its Discovery model from the UK to Slovakia, with hundreds of jobs...

Leading SNP supporter defects in protest over party’s backing for live animal exports

Calves and sheep suffer from overcrowding and overheating in transport lorries, say critics ( Reuters ) One of the SNP’s most high-profile supporters has defected to the Animal Welfare Party, in protest at Nicola Sturgeon’s...

House of Fraser’s recent struggles are a reminder that sometimes it’s OK for lenders...

A CVA allows market forces to operate while minimising wasteful adjustment costs ( PA ) What should happen to people who can’t repay their debts? In the ancient world it was common to enter...

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A year ago, the opinion polls fooled us – but it...

Some politicians said the polls dominated election coverage. This meant, for example, that Jeremy Corbyn’s policies were not subjected to same level of scrutiny...

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