Bidvest directors suffer shareholder revolt over $59,000 Olympics expenses claim Sport Business Three directors of Bidvest Group Ltd, South Africa’s largest conglomerate, have suffered a shareholder revolt over $59,000 of expenses they claimed for attending the Paris 2024 Olympics. The international services, trading and distribution company noted in a stock exchange statement this week that shareholders had rejected calls to reimburse the chairman and two non-executive directors [...]
Crinkled paper to fake logos: Businesses face surge in expense scams Business Businesses are experiencing a sharp rise in fraudulent attempts at expenses, as AI has made it easier to replicate receipts. Over the last three months, Google searches for ‘AI receipts’ have soared by 340 per cent, as employees look to take advantage of AI-generated capabilities to submit fake expenses. A recent study by SAP Concur [...]
Government asks MP watchdog to review expenses rules Politics Ministers will ask a Parliamentary watchdog to review some expenses claims after a Labour MP was able to claim £900 from the taxpayer in “pet rent”. Security minister Dan Jarvis insisted his colleague Taiwo Owatemi, a Government whip and the MP for Coventry North West, followed the rules when she made the expenses claim in [...]
Rachel Reeves ‘investigated over expenses’ in HBOS banking job February 13, 2025 Rachel Reeves was investigated over her use of expenses while working in a banking job before becoming an MP. The Chancellor, alongside two colleagues, was subject to an internal probe into expenses claims, while she was a senior manager at Halifax Bank of Scotland (HBOS) in the late 2000s, the BBC has revealed. Reeves is [...]