BDO wins biggest international audit client replacing Big Four firm KPMG March 15, 2021 BDO in the UK, German and the US has won its largest ever international audit client, replacing KPMG as auditor of software giant SAP. The challenger firm will take over from KPMG as SAP’s auditor for the 2023 financial year. According to SAP, BDO has a “modern and innovative audit concept”. The decision to take [...]
A week which started with International Women’s day was one of the worst for women March 13, 2021 Friday afternoon, usually a moment of jubilant celebration. The working week is nearly over, soon the celebratory glass of wine will be poured, and the animated discussion about which takeaway order will start. Then the TV will be on and the living room will be filled with laughter, courtesy of, in my case, The Last [...]
UK HuffPost office next on Buzzfeed’s chopping block March 12, 2021 A total 16 full time journalists working at HuffPost in London are at risk of losing their job, as BuzzFeed begins consulting on plans to slim down Huffpost “operations” in the UK and in Australia. More than half of the 29 HuffPost journalists working in the London office have been informed they face redundancy, the [...]
Public’s inflation outlook holds at four-year low March 12, 2021 The public’s expectations for inflation over the next 12 months has held at their lowest level in more than four years, in sharp contrast to a recent rise in market expectations, Bank of England data has revealed. Average expectations for inflation over the next 12 months remained at 2.7 per cent – the joint-lowest reading since August 2016 alongside [...]
Begbies Traynor set for £25m acquisition in biggest deal yet March 12, 2021 Begbies Traynor has agreed to buy insolvency practice David Rubin & Partners, in a deal worth up to £25m. The deal represents Begbies Traynor’s biggest acquisition to date, and continues the firm’s recent acquisitive spree, which has seen it buy two firms already this year. Begbies Traynor will pay an initial £12m for David Rubin [...]
Hedge fund founder Crispin Odey acquitted of indecent assault March 11, 2021 Hedge fund mogul Crispin Odey has been acquitted of indecent assault after being accused of groping a young woman in the late 1990s. Odey, founder of Odey Asset Management, was accused of “launching” himself at a young woman at his home in 1998. The woman, who was 27 at the time and worked in the [...]
Odey: Intimacy with the young woman ‘might’ve been at the back of my mind’ March 11, 2021 The case involving an indecent assault allegation against city grandee Crispin Odey should come to a conclusion this afternoon, after Odey took to the witness stand this morning to give his recollection of events. Odey appeared at Westminster Magistrates Court today to defend himself against an alleged indecent assault that took place in 1998. Today [...]
GameStop shares tumble just as meme stock passes $300 March 10, 2021 Shares in GameStop have tumbled back to $242, after rising to more than $300 per share earlier today, nearing their all-time high. The latest GameStop rally is said to be based on company fundamentals and speculation that small investors will pour their stimulus packages into markets. After a strong few days the stock has dropped [...]
Search for missing Sarah Everard becomes murder investigation March 10, 2021 The search for Sarah Everard, who went missing from South London last Wednesday, has become a murder investigation, after a Metropolitan Police officer was arrested over her disappearance. Everard was last seen at 9:30pm on Wednesday 3 March, when she walked home from a friend’s house in Clapham, South London. A policeman and a woman [...]
Man jailed after botched attempt to smuggle £1.4m in socks and suitcases March 10, 2021 A money launderer who tried to smuggle nearly £1.4m in cash out of the UK in his socks and luggage has been jailed for more than two years after his plans were foiled at Heathrow Airport. Zdenek Kamaryt, 38, originally from the Czech Republic, was detained at Heathrow on 8 November 2020 as he attempted [...]
