Carillion hearing: KPMG partner says he was let down by junior colleagues January 12, 2022 A former KPMG partner, who signed off an audit giving debt-laden Carillion a clean bill of health, blamed junior staff at an FRC hearing.
UK households face biggest decline in available cash for eight years January 12, 2022 UK households are feeling the pinch as energy bills soar, the cost of living rises and Covid-19 restrictions continue to impact business.
DFS shares jump eight per cent following strong half year sales January 12, 2022 Furniture seller DFS has reported strong interim sales causing shares to climb 3 per cent despite warnings of a challenging business environment.
Paypal confirms development of a stablecoin amid crypto push January 11, 2022 Online payments giant PayPal has confirmed that it is exploring the development of a stablecoin amid a push into digital assets.
South African police investigate missing brothers’ crypto platform January 11, 2022 South African police are investigating investors' claims to have been scammed by Africrypt, a crypto platform run by two missing brothers.
Just five per cent of JP Morgan clients think Bitcoin will hit $100k this year January 11, 2022 Wall Street remains unconvinced that Bitcoin is poised to soar to new heights by the end of 2022 a survey has revealed.
Horizon scandal: Post Office struggles to deliver compensation for victims January 11, 2022 The Post Office has repaid 777 of some 2,500 postmasters who applied for compensation because of a company computing scandal.
Debt ridden Evergrande moves Shenzhen head office to cut costs January 11, 2022 Evergrande has opted to move its head office in a bid to save cash as the company seeks to complete building work and repay investors.
European Parliament President David Sassoli dies aged 65 January 11, 2022 David Sassoli, the president of the European parliament, has died at the age of 65 according to his official spokesperson.
KPMG admits to misleading regulator over Carillion audits January 11, 2022 KPMG has admitted to misleading the regulators during audits of Carillion, an outsourcer which collapsed in 2018. A hearing spearheaded by the Financial Reporting Council (FRC) kicked off yesterday to determine whether KPMG is guilty of forging documents and misleading regulators in relation to audits of Carillion and Regenersis. The accounting giant’s chief executive, Jon [...]