German industry lobby group warns of hard Brexit risks October 9, 2018 The head of an influential German business lobby group warned today that Europe could slip into a “huge crisis” in the event of a hard Brexit. Managing director of the BDI industry association Joachim Lang told a news conference in Berlin today that a breakthrough in Brexit negotiations was needed at the upcoming European Union [...]
Tesco execs stayed silent about a massive hole in its accounts say prosecutors October 9, 2018 Two senior former Tesco executives on trial for fraud in London were presiding over a “car crash waiting to happen” Southwark Crown Court heard today. Sasha Wass QC, prosecuting for the Serious Fraud Office (SFO), said Tesco’s former UK managing director Chris Bush and ex-UK food commercial director John Scouler were aware of a shortfall [...]
Robert Tchenguiz accuses Grant Thornton of conspiracy over fraud office probe October 8, 2018 Lawyers for property mogul Robert Tchenguiz today accused audit firm Grant Thornton of conspiring to persuade the Serious Fraud Office (SFO) to launch an investigation into his business dealings with the Icelandic bank Kaupthing. The flamboyant millionaire was in a packed London courtroom to hear his Queen’s Counsel Stephen Rubin of Fountain Court accuse the [...]
Magic Circle deal star Nigel Boardman’s next act September 24, 2018 Slaughter and May deal star Nigel Boardman is approaching the second act of his career with the same strategic approach that made him the most renowned English corporate lawyer of the last 20 years. When he retires from Slaughters’ partnership at the end of April to become a part-time consultant with the firm it [...]
Former Malaysian Prime Minister hit with corruption charges September 20, 2018 Former Malaysian Prime Minister Najib Razak was charged today with abuse of power and money laundering over his role in a major corruption scandal. Prosecutors charged Najib with four counts of abuse of power and 21 counts of money laundering over allegations that he used his position to gain more then 2.3bn ringgit (£420m) between [...]
Former Malaysian Prime Minister hit with corruption charges September 20, 2018 Former Malaysian Prime Minister Najib Razak was charged today with abuse of power and money laundering over his role in a major corruption scandal. Prosecutors charged Najib with four counts of abuse of power and 21 counts of money laundering over allegations that he used his position to gain more then 2.3bn ringgit (£420m) between [...]
Amazon reportedly planning 3,000 cashierless convenience stores September 20, 2018 Online retail giant Amazon is reportedly planning to open 3,000 cashierless stores over the next few years as it bulks up its bricks-and-mortar retail presence. Amazon could aggressively expand its Amazon Go brand with plans to open 10 locations by the end of this year, according to Bloomberg, with 50 locations in major cities by [...]
Amazon reportedly planning 3,000 cashierless convenience stores September 20, 2018 Online retail giant Amazon is reportedly planning to open 3,000 cashierless stores over the next few years as it bulks up its bricks-and-mortar retail presence. Amazon could aggressively expand its Amazon Go brand with plans to open 10 locations by the end of this year, according to Bloomberg, with 50 locations in major cities by [...]
Over-50s holiday and insurance company Saga hires new finance boss from Zurich September 20, 2018 Saga has ended its six-month search for a chief financial officer with the hire of James Quin from Zurich. Quin, who will join on 1 January, will become Saga’s chief financial officer (CFO) and executive director. He joined Zurich in 2013 from PwC and prior to that was a managing director at Citi where he [...]
