Here are the nine biggest new game announcements from E3 2018 June 13, 2018 This year's E3 conference in Los Angeles ushered in some fresh announcements alongside a raft of previously revealed games. As the show draws to a close, here's a selection of the biggest trailers from E3 2018. CyberPunk 2077 Release date: 2019 on PS4, XBO and PC Polish studio CD Projekt Red is best known [...]
PwC faces record-breaking £10m fine over poor BHS audit June 12, 2018 Big Four accountancy giant PwC has been slapped with a record £10m fine from the Financial Reporting Council (FRC) for its work auditing retailer BHS prior to its sale for £1. The PwC partner who conducted the audit, Steve Denison, is also facing a personal fine of £500,000 from the FRC relating to his work [...]
Sport streaming: Will the trickle become a flood after the Premier League’s deal with Amazon? June 12, 2018 If the sports streaming revolution has to date just been a trickle, then deals struck between rights holders and online platforms in recent days suggest signs of a flood to come. Most notable was Amazon’s capture of a package of domestic Premier League rights last week, meaning that from the 2019-20 season English football’s top [...]
PwC faces record-breaking £10m fine over poor BHS audit June 12, 2018 Big Four accountancy giant PwC has been slapped with a record £10m fine from the Financial Reporting Council (FRC) for its work auditing high street retailer BHS, prior to the chain's sale for just £1. The PwC partner who conducted the audit, Steve Denison, is also facing a personal fine of £500,000 from the FRC relating [...]
Stobart chief accused of fostering ‘bullying culture’, over actions in retaliation to controversial letter June 11, 2018 Chief executive Warwick Brady has waded in on the letter which saw over 20 unnamed executives write to the board of Stobart Group, requesting the resignation of its chairman. The letter in question called for Iain Ferguson to step down ahead of the company’s annual general meeting next month, as a result of reported unhappiness [...]
Stobart chief accused of fostering ‘bullying culture’, over actions in retaliation to controversial letter June 11, 2018 Chief executive Warwick Brady has waded in on the letter which saw over 20 unnamed executives write to the board of Stobart Group, requesting the resignation of its chairman. The letter in question called for Iain Ferguson to step down ahead of the company’s annual general meeting next month, as a result of reported unhappiness [...]
Inmarsat share price soars more than 12 per cent after confirming Echostar takeover approach June 11, 2018 Shares in satellite giant Inmarsat have soared more than 12 per cent in early trading, after the company confirmed on Friday that it had received a takeover offer from Echostar. Last week, the group said it had received "a highly preliminary and indicative non-binding proposal from Echostar Corporation", which it then rejected. Inmarsat said the [...]
BT’s investors lost faith in Gavin Patterson June 11, 2018 When BT announced last month that it would cut 13,000 jobs, many wondered if it would in fact end up as 13,001. Investor patience had been wearing thin, and chief executive Gavin Patterson had been standing on thin ice for a while. From a peak of nearly 500p in November 2015, BT's share price has [...]
The Hundred: Why sponsors will like English cricket’s controversial competition proposal June 10, 2018 “Embarrassing and shambolic – a total mess.” No, not the England team’s performance against Pakistan in the First Test at Lord’s last month, but former skipper Michael Vaughan’s verdict on the England and Wales Cricket Board’s proposal for a new eight-team city-based tournament, dubbed “The Hundred”. It is fair to say that the announcement of [...]
Stobart board battle hots up as pressure grows on chair June 10, 2018 The bitter battle for control of the Stobart Group has continued to rage after it emerged today that more than 20 of its executives have signed a letter calling on its chair to resign. The letter to the FTSE 250 company’s board, first reported by Sky News, called on its chair Iain Ferguson to resign [...]