Companies

Restructuring & Insolvency

Image for ftse 100 bosses told curb pay rises

Business | FTSE 100 bosses told to curb pay rises

Investment managers are calling for pay packets of senior leaders of FTSE companies to be kept in check during the ongoing cost of living crisis

10 Nov 2022

Leadership & Management

Image for benefits fraud hits unacceptably high ps65bn

Business | Benefits fraud hits ‘unacceptably high’ £6.5bn

The Department for Work and Pensions (DWP) overpaid £8.6bn across benefits in 2021-22, with £6.5bn of that figure due to fraud

9 Nov 2022

Image for printing boss banned ps80k bounce back fraud

Business | Printing boss banned for £80k bounce back fraud

A Plymouth-based director has been banned for 10 years after falsely claiming £80,000 in bounce back loans

9 Nov 2022

Restructuring & Insolvency

Business | Next buys Made.com in £3.4m deal

Made.com has confirmed that its brand has been picked up by Next for £3.4m after the online furniture group fell into administration

9 Nov 2022

Business | Companies House a ‘facilitator’ of fraud

The fraud leader at UK Finance has said that the UK government needs to fix the ‘dysfunctional’ Companies House as it continues to facilitate business fraud

8 Nov 2022

Business | Restaurant boss banned over unpaid £320k tax bill

A restaurant boss from West Sussex has been disqualified for eight years after failing to pay £320,000 in tax

8 Nov 2022

Restructuring & Insolvency

Business | 500 staff to lose jobs at Made.com

Online furniture group Made.com has announced that its ‘final bid’ to save the company from collapse has been rejected

8 Nov 2022

Image for lack women ftse executive roles

Business | Lack of women in FTSE executive roles

Though the number of women on FTSE 100 boards continues to rise, Cranfield University has highlighted concerns about the ‘appalling’ lack of progress in FTSE executive roles

7 Nov 2022

Business | Top bosses paid £3.9m on average

Executive pay at FTSE 100 firms has largely recovered to pre-pandemic levels, increasing from £3.2m in 2020 to £3.9m a year in 2022

7 Nov 2022

Image for deloitte shakes uk executive team

Business | Deloitte shakes up UK executive team

Big four giant Deloitte has made major changes to the executive team as five members step down

3 Nov 2022

Leadership & Management

Image for glencore fined ps280m over bribery charges

Business | Glencore fined £280m over bribery charges

Mining giant Glencore Energy has been fined £280m after a Serious Fraud Office (SFO) investigation revealed it paid $29m (£27m) in bribes to gain preferential access to oil in Africa

3 Nov 2022

Called to Account

Image for dsw capital revenue hits ps98m first half

Business | DSW Capital revenue hits £9.8m in first half

AIM listed accountancy firm DSW Capital has reported half year network revenue of £9.8m, up a third on last year

3 Nov 2022

Image for frc criticises lack transparency governance reporting

Business | FRC criticises lack of transparency in governance reporting

The Financial Reporting Council (FRC) has found that over half of FTSE 350 companies are still providing limited insight into their corporate governance and reporting

3 Nov 2022