Call of Duty maker Activision Blizzard fights off shareholder lawsuit following alleged sexual harassment April 21, 2022 US judges have dismissed a lawsuit from Activision Blizzard shareholders alleging the Call of Duty maker had lied to them by minimising the impact of allegedly widespread sexual harassment and discrimination against female employees.
Shell in talks with Chinese state-backed firms as it looks to offload Russian energy stakes April 21, 2022 Shell has turned to China, as the energy giant looks to offload its chunky stake in a major Russian gas project.
Covid hotels cost taxpayer £400m as government looks to recoup costs on wasted PPE April 21, 2022 Covid hotels to house people coming into the UK during the pandemic cost £400m, and it is not clear if they were effective, according to a new report by a watchdog. The National Audit Office (NAO) released a study this week, claiming it was unknown whether they stopped new variants from entering the country and [...]
Banks lag on sustainability as regulators prepare to swoop on ESG performance April 21, 2022 Global lenders are lagging behind sustainability goals as watchdogs increasingly look to clampdown on environmental, social and governance (ESG) performance with regulation, a new report has found.
The Obamas say goodbye to Spotify as big streamers get knocked off pedestals April 21, 2022 The Obamas are reportedly gearing up to abandon Spotify, with ambition to create more content on more platforms.
Deloitte exits more London offices after setting out permanent work-from-home policy April 21, 2022 Big Four accountancy firm Deloitte has cut the size of its London offices in another sign the firm is doubling down on remote working. The office space cull comes after Deloitte told staff they are free to work-from-home as often as they want, in June of last year. The auditor is now moving out [...]
Two-in-five Brits now say they think that Rishi Sunak is ‘incompetent’ April 21, 2022 A new survey has revealed 40 per cent of Brits now think Rishi Sunak is “incompetent” – a 23 per cent increase from January. The YouGov poll also found that 38 per cent of Brits think the chancellor is “competent”, which is a 16 per cent drop from last year. It comes as Sunak’s public [...]
Google whacked with £105m Russian fine over Ukrainian far-right videos April 21, 2022 Google has been fined 11 million roubles (£105m) for distributing "fake" news YouTube videos produced by Ukrainian far-right groups.
UK housing market shows signs of stability with Brits’ reluctant to spend April 21, 2022 The UK’s housing market could be returning to stability, say analysts, before deals pick up as warmer weather blankets the country. Residential transactions for March have plunged more than a third in comparison with the same month last year, according to the government’s latest figures, after a continued, pandemic-era, buying frenzy. Although deals have climbed [...]
UK watchdog fines Deloitte £2m over failures in audit of Mitie’s accounts April 21, 2022 The UK’s audit watchdog has fined Big Four accountancy firm Deloitte and audit partner John Charlton over a raft of failures in its audit of the accounts of outsourcing company Mitie. The UK’s Financial Reporting Council (FRC) fined Deloitte £2m and Charlton a furth £65,000 after discovering a number of “deficiencies” in the audit of [...]
