Goals Soccer Centres calls in Serious Fraud Office October 28, 2019 Five-a-side football company Goals Soccer Centres has called in the Serious Fraud Office to investigate a case of potential accounting fraud. The firm has passed files of evidence to the authorities in the last ten days after Goals was forced to delist from the London Stock Exchange, Sky News reported. Read more: Sports Direct says [...]
Labour MP Keith Vaz ‘should be suspended’ for six months after drugs and sex scandal October 28, 2019 Labour MP Keith Vaz is set to be suspended for six months after he was caught paying for sex while the chair of the Home Affairs select committee. The ban, for causing “significant damage to the reputation and integrity of the House of Commons”, would trigger a recall petition, which could lead to a by-election. [...]
Takeway.com tells shareholder Delivery Hero to abstain on Just Eat vote October 28, 2019 Takeaway.com, the Dutch food delivery firm eyeing a merger with Just Eat, has asked investor Delivery Hero to abstain from voting on the deal. Prosus, which is the largest shareholder in Delivery Hero, last week tabled a £4.9bn rival takeover bid for Just Eat, sparking a bidding war with Takeaway.com. Read more: Just Eat gatecrasher [...]
London’s Aim still well ahead of competitors despite rough year October 28, 2019 London’s Alternative Investment Market (Aim) remains by far the biggest growth stock market in Europe despite falling numbers of floats and questions over regulatory standards, new analysis has shown. Read more: Muddy Waters says Burford Capital ‘continues to evade key questions’ about its accounting In the year ending in September, £3.9bn of capital was raised [...]
Johnson mulls new route to election October 27, 2019 DOWNING Street is considering all possible options for securing a General Election, including a plan cooked up by Remain MPs, as the EU considers how long a Brexit extension they will grant the UK. Parliament will vote on a motion later today which would see a 12 December ballot, but this seems poised to fail [...]
Boris Johnson tells Corbyn: ‘Man up and back my election’ October 25, 2019 Boris Johnson has told Labour leader Jeremy Corbyn to “man up” and back a general election as the EU delayed its decision on the length of the UK’s Brexit extension. The Prime Minister refused to rule out leaving without a deal on the 31st October, contradicting earlier comments by Chancellor of the Exchequer Sajid Javid. [...]
Amazon shares slump after online retailer posts third-quarter profit drop October 24, 2019 Shares in online retail giant Amazon slumped in after-hours trading this evening after the firm reported a slump in third-quarter profit. Shares in Jeff Bezos’ company fell as much as eight per cent after it posted a fall in net income for the first time in two years, from $2.88bn to $2.13bn in the three [...]
PM Boris Johnson to ask Parliament for December 12 election October 24, 2019 Prime Minister Boris Johnson is to call for an election to take place on 12 December. Johnson, who has already sought to go to the polls twice, is expected to bring forward a motion under the Fixed Term Parliament Act this afternoon, as the Queen’s Speech is concluded. If Johnson attempts the FTPA route, there [...]
Brexit latest: McDonnell slams Javid over ‘dereliction of his duties’ October 24, 2019 The chancellor and shadow chancellor locked horns today, with Labour’s John McDonnell accusing his opposite number of a “dereliction of his duties”. McDonnell pointed to the government’s “working majority of minus-45″, saying it was ” obvious that this Queen’s Speech is little more than a pretty crude election stunt”. He also slammed the Tories for [...]
Litigation finance comes of age October 24, 2019 | Sponsored Once the preserve of hedge funds and other large institutions, private investors can now share in the potential high returns offered by litigation finance. The UK’s first litigation crowdfunding platform, AxiaFunder, which launched in January, enables primarily high-net-worth and sophisticated investors to provide funding to claimants who can’t afford to pay for their legal disputes. [...]