FTSE boss calls on City businesses to hire former offenders Business Beazley chief executive Adrian Cox has encouraged City business leaders to hire ex-offenders as he believes in “looking beyond convictions and recognising potential”. The boss of the FTSE specialist insurer, which agreed to be acquired by Zurich Insurance for approximately £8.14bn earlier this year, said: “City employers can transform lives while strengthening their organisations’ access [...]
HPE: Hewlett-Packard Enterprise’s UK profit quadruples despite sales slump Tech Profit at the UK arm of Hewlett-Packard Enterprise (HPE) almost quadrupled during its latest financial year despite its sales being slashed by nearly £150m. The division of the US tech giant has posted a pre-tax profit of £97.6m for the 12 months to 31 October, 2024, according to new accounts filed with Companies House. The [...]
Mike Lynch feared he would die in prison if convicted Tech British tech mogul Mike Lynch thought he would die in jail if he had not been cleared of defrauding Hewlett-Packard (HP) in a multi-billion-dollar deal.
Hewlett-Packard: Cost cutting boosts HP profit but UK sales slip further away from £1bn mark July 24, 2024 Revenue at the UK arm of Hewlett-Packard (HP) slipped further away from the £1bn mark during its latest financial year while a range of cost reduction measures boosted its profit.
British tech giant Mike Lynch acquitted after 12-year legal battle June 7, 2024 Lynch was initially charged with 16 counts, including wire fraud and conspiracy but one charge of securities fraud was dropped during the trial.