JP Morgan starts European audit review July 30, 2019 JP Morgan Chase has reportedly launched a review into its current relationship with auditors for its major European arm. The Wall Street giant has kicked off a process to look at the role currently held by PricewaterhouseCoopers (PwC) as the accountant of JPMorgan Securities. Read more: Metro Bank finance director steps down to take new [...]
Once-staid audit sector enters brave new world July 30, 2019 The days of auditors as grey-suited backroom boys is over. Whether they like it or not, the spotlight turned on the sector following the collapse of outsourcer Carillion has not diminished in intensity. The Big Four face the challenge of a potential raft of reforms designed to rein them in, overseen by a new beefed-up [...]
Horse Racing Betting Tips: Cross Counter out to silence hat-trick seeking Stradivarius July 29, 2019 PLENTY are still talking about Saturday’s epic King George duel between Enable and Crystal Ocean which is quite rightly being billed as one of the greatest races of the modern era. Remarkably, only a few days later, there is the potential for another titanic tussle with the first, second and fourth home from last month’s [...]
Metro Bank finance director steps down to take new role at Revolut July 29, 2019 Metro Bank’s finance director is leaving the embattled lender to take on a new role at fast-growing financial technology group Revolut. David Maclean is joining the digital firm after stepping down from his role at Metro Bank, which has suffered a torrid six months in the wake of a major accountancy error. Read more: What [...]
Ryanair profits nosedive 21 per cent in first quarter July 29, 2019 Ryanair’s profits tumbled 21 per cent in its latest quarter as the airline was battered by higher fuel and staff costs coupled with lower fares, it revealed today. Read more: Ryanair warns of summer 2020 problems due to Boeing 737 Max ban The figures Profit before tax fell 24 per cent year on year to [...]
Government now assuming a no-deal Brexit and increased borrowing July 28, 2019 Michael Gove has said today that the new government will “operate on the assumption” of a no-deal Brexit on 31 October. Read more: Tories get ‘Boris bounce’ in polls but pledge to focus on Brexit Meanwhile, the chancellor’s deputy, Rishi Sunak, today insisted that Britain can pay for the costs of no deal with extra [...]
Tories get ‘Boris bounce’ in polls but pledge to focus on Brexit July 28, 2019 The Conservatives have received a ‘Boris bounce’ in the polls just days after picking their new leader and prime minister. Read more: Boris Johnson ‘absolutely’ rules out pre-Brexit general election New PM Boris Johnson has earned the Tories a 10 point jump in a poll for the Mail on Sunday, and a six point boost [...]
Just Eat ready to serve up £9bn merger with Takeaway.com July 27, 2019 Just Eat is in talks over a £9bn merger with a rival based in Holland. The London-listed food delivery service and Takeaway.com have been in discussions for several weeks. Read more: Sports Direct hit by £605m tax bill and ‘terminal’ House of Fraser issues An agreement should be agreed as soon as the end of [...]
Mothercare in talks to spin off struggling UK stores July 25, 2019 Mothercare is set to sell or separate its 79 UK stores as part of the struggling retailer’s ongoing evolution towards an international franchising model. Read more: Mothercare annual loss jumps to £87m, delayed results reveal The retailer for parents and young children is in conversations with prospective groups about the deal, according to Sky News, [...]
Horse Racing Betting Tips: Could be Addeybb to remember if forecast rain arrives July 25, 2019 WHILE most of the UK have been reaching for the sun cream this week, it could be a very different story over the weekend if the weather forecasters are to be believed. Rain is expected at York and if it falls heavily the complexion of tomorrow’s Sky Bet York Stakes (3.15pm) will change completely. If [...]