BDO bolsters audit practice with 600 new trainees following watchdog’s damning criticism September 5, 2022 Accountancy firm BDO has hired 600 new trainees, including 400 to its audit practice, after the UK’s accountancy watchdog slammed the challenger firm over the “unacceptable” quality of its audits. The world’s fifth largest accounting firm will take on board 600 school leavers and university graduates at its offices across the country, with almost half [...]
Giganet snaps up Cuckoo in a push for broadband consolidation September 5, 2022 Giganet has snapped up broadband disruptor Cuckoo in a push for market consolidation and faster broadband.
Avanti contract to be renewed despite no sign of train timetable issues abating soon September 5, 2022 The London-Manchester train operator Avanti West Coast is to receive fresh government support with a new long-term agreement to keep the line going. Three weeks ago the operator slashed services between the cities, reducing trains from three to one an hour, with no sign of when normality will return. Its managing director Phil Whittingham is [...]
Atome Energy expands green hydrogen project with 75 acre site September 5, 2022 Atome Energy snapped up a 75 acre site for its green hydrogen production facility in Viletta, Paraguay for $900,000.
Drivers still get ‘raw’ deal at pumps despite 12p drop September 5, 2022 Drivers continue to get a raw deal at the pumps despite a 12p price drop in August – the highest monthly slump on record. According to an analysis published today by the RAC, the average price of a litre of unleaded is now below 170p when it should be around 161p. Retailers would still have [...]
‘The law of Karma works’: India overtakes former ruler Britain as fifth biggest economy September 5, 2022 India has overtaken its former ruler Britain to become the world’s fifth largest economy. A billionaire tycoon said the news shows the “the law of Karma works”, after the International Monetary Fund made the announcement this week. India’s economy grew seven per cent in the last three months, according to calculations based on US dollars, [...]
Bed Bath and Beyond CFO falls to his death in New York after mass closures and layoffs September 5, 2022 The chief financial officer of American retailer Bed Bath & Beyond Inc fell to his death from a New York skyscraper. Gustavo Arnal, 52, who previously worked as CFO for London-based cosmetics brand Avon, died on Friday in wake of the company closing stores and laying off workers. New York police responded to reports he [...]
Liz Truss weighs up £100bn plan to freeze record energy bills September 5, 2022 Liz Truss is expected to unveil a vast support package to deal with surging energy costs, as first reported in The Times.
Dechra sets sights on expansion with two major deals and South Korean subsidiary September 5, 2022 Veterinary business Dechra has its sights set on expansion after setting up a new subsidiary in South Korea and injecting nearly £400m on acquisitions this summer alone. “We have continued to progress on all aspects of our strategy; the product development pipeline was strengthened, material acquisitions were completed post year-end and a new subsidiary was [...]
Shelling Out: Shell confirms bumper pay-outs to shareholders September 5, 2022 Shell has confirmed shareholders will be able to take dividends in euros and pounds, alongside dollars, after its massive Q2 performance.
