Ex-City law firm accountant jailed for stealing £400,000 from Clyde & Co April 19, 2021 A former Clyde & Co accountant has been banned from working in the legal profession after she stole £400,000 from the firm over the course of six years. Victoria Lucy Brown was convicted of one count of fraud by false representation at Guildford Crown Court in October 2019, having pleaded guilty to the offence. She [...]
NASA flies helicopter on Mars in world first April 19, 2021 NASA has today made history by performing the first ever powered, controlled flight from the surface of another planet with robot helicopter Ingenuity. The mini helicopter took off from the surface of Mars and was airborne for less than a minute before landing, the space agency said. MiMi Aung, project manager for Ingenuity at Nasa’s [...]
Blacklist audit firms for fraud failures, urges Pirc April 19, 2021 Large audit firms that are deemed not to be working hard enough to root out corporate fraud will be blacklisted in this year’s annual shareholder meetings by Pirc. Pirc has urged investors have not to reappoint PwC, KPMG, EY or Grant Thornton because it believes they have not done enough to improve their fraud detection [...]
Make it to-go: Wagamama boss Emma Woods heads for the exit April 19, 2021 Make it to-go: Wagamama boss heads for the exit
Huawei and Dutch telecoms firm hit back over spying report April 19, 2021 Huawei and Dutch telecoms firm KPN have hit back at claims that the Chinese tech giant was able to eavesdrop on mobile users following a media report that has reignited the row over telecoms security. A story published in Dutch newspaper De Volkskrant this weekend cited a 2010 report by consultancy Capgemini for KPN, which [...]
The worst thing about the Super League? It makes perfect sense April 19, 2021 For any football fan supporting anybody other than Arsenal or Manchester United during the 1990s, the last few years have offered some enjoyable schadenfreude. United lost their way after legendary manager Sir Alex Ferguson left the club. Arsenal turned into a soap opera, a club which appeared at times to be run by three lads [...]
Mind the GAAP! The dangers of “growth at any price” stocks April 19, 2021 Anyone who has ever taken a subway in New York City or frequented the London Underground will be familiar with the warning to “mind the gap” between the carriage and platform. In a similar fashion, investors also need to be fully aware of the dangers posed by the GAAP, or “growth at any price” stocks. [...]
LGIM director joins FCA in newly created sustainability role April 19, 2021 A well known corporate governance figure will join the City regulator as it looks closer at the role of sustainable finance. Sacha Sadan will join the Financial Conduct Authority as director of Environment, Social and Governance to advocate for sustainable finance. He joins from Legal and General Investment Management where he was director of investment [...]
Boris Johnson vows to block European Super League for English clubs April 19, 2021 Boris Johnson has this morning slammed the new European Super League proposal and has vowed to block English football teams from competing in the new breakaway league. Johnson told reporters today that the proposal, which includes England’s six richest clubs, was “not good news for fans” after last night’s announcement sparked global outrage and brought [...]
Flash crash on Bitcoin leads to weekend losses for leveraged traders as markets return to green today April 19, 2021 Bitcoin's flash crash over the weekend triggered heavy losses for leveraged traders - but it's only fallen to the price of three weeks ago.
