Pandemic leads to major spike in whistleblowers turning to SFO to report alleged fraud March 14, 2022 The pandemic has led to a near 20 per cent rise in whistleblower reports about alleged fraud. Workers may have falsified accounts to cover up theft or inflated sales figures in a bid to achieve bonuses during the pandemic, a new report by consultancy firm Accuracy has found. There was a 17 per cent rise [...]
Price pinch: Most Brits financially struggling or worried as inflation rises and Ukraine war rages March 14, 2022 Almost 60 per cent of Brits either struggling financially, or concerned about money in the near future, due to Russia’s war in Ukraine and the cost of living crisis. The economic effect of the conflict has exacerbated the rise in energy and food, against the backdrop of increasing inflation, which is set to exceed the [...]
Four months later: Telecom Italia starts talks with KKR following £9bn bid March 14, 2022 Four months after the first approach, Italy’s biggest phone firm Telecom Italia has said it will finally start formal talks with US fund KKR to assess its €10.8bn (£9bn) swoop.
Gold and silver tumble as central banks ready interest rate hikes March 14, 2022 Gold and silver prices slipped this morning as looming interest rate hikes and growing optimism of a ceasefire led investors to flee safe haven assets.
First Gap shop opens in Next’s Oxford St shop in retailer’s return to UK high street March 14, 2022 The first Gap-branded shop within a Next store has opened on Oxford St, after the two firms entered a joint venture franchise. The fashion retailers have joined forces with Next managing Gap’s e-commerce business plus Gap-branded “shop-in-shops” at Next stores. The opening marks Gap’s physical return to the UK high street after the US retailer [...]
Russian aviation on brink as Bermuda revokes 745 plane licenses, half of country’s fleet March 14, 2022 Bermuda is preparing to revoke the licenses of 745 Russian planes, a move which could ground half the country's entire fleet.
Mental health charity Mind pays £115k in compensation amid claims that staff called service recipients ‘druggy bums’ March 14, 2022 A support worker from Mind, a charity previously championed by the Duke and Duchess of Cambridge, has received £115k in compensation after she revealed that colleagues had described charity service recipients as “druggy bums” and “wastes of space”.
Local radio stations set to become more accessible following pandemic boom March 14, 2022 More local radio services could take to the airwaves under new plans for simpler licences and spectrums for ‘restricted’ radio, like hospital stations and services for religious observances such as Ramadan.
Former Wirecard boss charged with fraud over financial collapse March 14, 2022 The former boss of Wirecard has been charged with fraud, breach of trust and accounting manipulation following the collapse of the firm amid a major accounting scandal in June 2020. Markus Braun has been charged by Munich public prosecutors after a 21 month criminal investigation into practices at the firm which saw it crash into [...]
Millions of Londoners slip into housing nightmare as rents are now higher than before pandemic while landlords pull out March 14, 2022 All UK regions experienced year on year room rent increases in February, with London seeing the biggest increases since before the pandemic began. London average room rents now stand at £796 per month, having reached lows of £703 (March 2021) during the pandemic, according to the data by SpareRoom, shared with City A.M. this morning. [...]