Fees paid to FTSE 100’s auditors hit record sums of more than £1bn December 20, 2022 The UK’s top 100 listed companies paid more than £1bn to their auditors for the first time in 2021/22, following a steady uptick in audit fees linked to a tougher stance from the UK’s accounting regulator. FTSE 100 companies paid a record £1.01bn to their auditors for both audit and non-audit services, in the year [...]
Russia attacks Ukraine’s oil and gas sites, confirms operator Naftogaz December 20, 2022 Russia attacked Ukrainian oil and gas facilities in eastern Ukraine overnight, confirmed Ukrainian energy giant Naftogaz.
Collapsed crypto exchange FTX looks to claw back Bankman-Fried’s political donations December 20, 2022 The collapsed crypto exchange FTX is looking to claw back the hefty political donations made by its founder Sam Bankman-Fried as its new management team tries to recover customers’ cash and repay a long list of creditors. In a statement today, the firm said it had been approached by a number of recipients of “contributions [...]
Aerospace firm Velocity’s shares take off as it enters US market with $100m deal December 20, 2022 UK aerospace manufacturer Velocity has grabbed the attention of investors, after announcing its entry into the US market via a $100m (£82.2m) deal. Shares in the London-listed firm rocketed more than 70 per cent to 46p per share by early afternoon on Tuesday. The five-year deal with GKN Aerospace is expected to bring in $100m [...]
Just Eat gets standard stock listing December 20, 2022 Food delivery app Just Eat switched to a standard listing on the London Stock Exchange. Previously, it held a ‘premium listing’. A premium listing comes with additional caveats and with the standard listing, trade for Just Eat stocks is easier. Along with its listing on LSE, it remains listed Euronext Amsterdam. The company holds 45 [...]
Rolls-Royce’s one step closer to nuclear ambitions with SMR factory shortlist December 20, 2022 Rolls-Royce has announced its final shortlist for its first factory to build its proposed nuclear pipeline of small modular reactors.
Elizabeth Hurley among passengers stranded due to BA technical glitch December 20, 2022 Actress Elizabeth Hurley is one of the thousands of people left stranded following a technical glitch to British Airways’ long-haul flights. Hurley, who is currently in the Caribbean island of Antigua, took to Twitter to express her frustration. “Stranded at Antigua airport with no food or water, taxis or hotels offered yet. Plane delayed 20 [...]
FTX founder Sam Bankman-Fried agrees to US extradition in major U-turn December 20, 2022 The disgraced founder of FTX, Sam Bankman-Fried, has agreed to be extradited to the US from Bahamas where he faces a slew of fraud and conspiracy charges from federal prosecutors.
Allies, Advocates and Active Bystanders: Privilege and power for change December 20, 2022 | Sponsored DiverCity® Podcast · Allies, Advocates and Active Bystanders: Privilege and power for change In this episode, host Julia Streets is joined by Danny Harmer, Chief People Officer for Aviva Plc. As an ally, Danny shares her views about the privilege of allies, how allyship can drive meaningful change and the ways in which advocates and [...]
Serica to acquire Tailwind in £367m deal December 20, 2022 Serica Energy has announced it will buy the entire share capital of fellow North Sea oil firm Tailwind Energy Investment for a combined £367m. Natural gas producer Serica Energy will provide a £58.7 million cash payment and will issue over 111m ordinary shares representing as much as 28.9 per cent of its share capital. The [...]