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Business

  • Former BHS boss Chappell begins pensions conviction appeal

    September 17, 2018

    Former BHS owner Dominic Chappell was today accused of trying to “muddy the waters” in his appeal against a conviction for failing to provide information to the UK’s pensions watchdog about a hole in BHS’s pensions scheme. Prosecutors told the court that Chappell’s appeal was a “cynical attempt to rewrite history”, the Financial Times reported. [...]

  • Former BHS boss Chappell begins pensions conviction appeal

    September 17, 2018

    Former BHS owner Dominic Chappell was today accused of trying to “muddy the waters” in his appeal against a conviction for failing to provide information to the UK’s pensions watchdog about a hole in BHS’s pensions scheme. Prosecutors told the court that Chappell’s appeal was a “cynical attempt to rewrite history”, the Financial Times reported. [...]

  • Hogan Lovells partner ordered to pay ex-nanny £18,000 after firing her while she was pregnant

    September 17, 2018

    A top City lawyer has been ordered by a tribunal to pay £18,000 to his former nanny after firing her after she told his wife she was pregnant. Sylvain Dhennin, who is head of Anglo-American law firm Hogan Lovells’ European high-yield debt practice, was ordered to make the payment by the London Central Employment Tribunal. [...]

  • Hogan Lovells partner ordered to pay ex-nanny £18,000 after firing her while she was pregnant

    September 17, 2018

    A top City lawyer has been ordered by a tribunal to pay £18,000 to his former nanny after firing her after she told his wife she was pregnant. Sylvain Dhennin, who is head of Anglo-American law firm Hogan Lovells’ European high-yield debt practice, was ordered to make the payment by the London Central Employment Tribunal. [...]

  • Petra Diamonds chief executive to step down as focus switches to regaining investor confidence

    September 17, 2018

    Petra Diamonds has promised to win back the confidence of investors after increasing earnings and overcoming the challenges of a tumultuous year. The miner reported underlying earnings of $195.4m (£148.5m) for the six months ending 30 June – a 37 per cent rise on the previous year. The company announced yesterday that chief executive Johan [...]

  • Petra Diamonds chief executive to step down as focus switches to regaining investor confidence

    September 17, 2018

    Petra Diamonds has promised to win back the confidence of investors after increasing earnings and overcoming the challenges of a tumultuous year. The miner reported underlying earnings of $195.4m (£148.5m) for the six months ending 30 June – a 37 per cent rise on the previous year. The company announced yesterday that chief executive Johan [...]

  • Cake maker Finsbury Foods sees profits slip after bakery closure

    September 17, 2018

    Cake maker Finsbury Food group took a £12m hit which saw its profits sink after closing a West London bakery that was losing money. The AIM-listed company shut the doors of its Grain d’Or bread bakery in Harlesden after a tripling in the price of butter, which makes up 30 per cent of the ingredients [...]

  • Cake maker Finsbury Foods sees profits slip after bakery closure

    September 17, 2018

    Cake maker Finsbury Food group took a £12m hit which saw its profits sink after closing a West London bakery that was losing money. The AIM-listed company shut the doors of its Grain d’Or bread bakery in Harlesden after a tripling in the price of butter, which makes up 30 per cent of the ingredients [...]

  • Crispin Odey makes hurried correction to report he wants to enter British politics

    September 17, 2018

    Prominent hedge fund manager Crispin Odey today issued a hurried denial that he intends to swap the world of high finance for front-line politics after a report that he was considering trying for public office. Odey, founder of Odey Asset Management, was reported by Financial News to have expressed an interest in entering political life, [...]

  • Former UBS trader Kweku Adoboli spared deportation hours before flight

    September 17, 2018

    Former UBS rogue trader Kweku Adoboli has been spared deportation following a last-minute legal intervention. The 38-year-old, who has been detained since 3 September, was due to board a flight tomorrow night to his birth country, Ghana. After several failed appeals and applications for judicial review, his legal team lodged one final plea at 2pm today [...]

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