PwC and EY handed multimillion-pound fines for London Capital & Finance audits May 7, 2024 Three firms, including PwC and Ernst & Young (EY), have been handed fines by the accounting watchdog for their audits of London Capital & Finance (LCF), a minibonds firm which took money from almost 12,000 investors before collapsing in 2019.
Struggles continue at NHS 111 operator Totally as boss warns of ‘unforeseen pressure’ May 7, 2024 The boss of NHS outsourcer Totally has warned of "unforeseen pressure" on its services amid ongoing problems at third-party healthcare suppliers.
Losses at Coventry arena revealed after Mike Ashley’s takeover as turnaround continues May 7, 2024 The Coventry Building Society Arena lost more than £4m in the first six months after being acquired by Mike Ashley, it has been revealed.
David Beckham-backed Guild joins Esports World Cup Club Program May 7, 2024 The Esports World Cup is a “significant milestone” for Guild as it expands into the Middle East and North Africa, the world’s fast-growing gaming market.
Wayve: Nvidia and Microsoft back British self-driving startup in boost for UK’s AI goals May 7, 2024 Wayve has conducted trials on UK public roads since 2018 and has already partnered with delivery fleets from Asda and Ocado.
UBS sails past earnings estimates as it aims to draw a line under Credit Suisse deal May 7, 2024 Swiss banking giant UBS has returned to profit after two straight quarterly losses, driven by its wealth management and investment banking divisions, as it continues to integrate former domestic rival Credit Suisse.
Halifax: House prices stagnate in April as affordability issues push buyers towards flats May 7, 2024 The outlook for the housing market is mixed, although the latest figures from Halifax show prices have been rising.
IWG maintains full-year guidance amid US listing talk May 7, 2024 Wework rival IWG has said it is on track to meet full-year profit and debt reduction forecasts after warnings over rising costs in March.
BP reports profit drop as lower oil prices hit earnings May 7, 2024 Murray Auchincloss, chief executive officer said: "We've delivered another resilient quarter financially and continued to make progress on our strategy."
TSB owner Sabadell rejects BBVA’s £10.3bn takeover bid which ‘undervalues’ bank May 7, 2024 Banco Sabadell, the Spanish owner of British high street bank TSB, has rejected a €12bn (£10.3bn) all-share merger proposal from its bigger domestic rival Banco Bilbao Vizcaya Argentaria (BBVA).