Rupert Soames picked as next Confederation of British Industry chief December 5, 2023 The Confederation of British Industry (CBI) has named Rupert Soames as its next president.
UK fraud agency goes on hiring spree to top up numbers after departures December 4, 2023 The Serious Fraud Office (SFO) said that hiring new staff was its “top priority” as it looks to turnaround under new boss Nick Ephgrave.
Madness star Suggs challenges corporate Britain to give ex-offenders another chance November 4, 2023 Legendary Madness frontman Suggs challenged 300 business people to give ex-offenders another chance.
Sports medicine boosts Smith & Nephew results as chief financial officer steps down August 3, 2023 Medical device manufacturer Smith & Nephew has reported revenue and profit increases due to higher demand for sports medicines as the chief financial officer steps down. Strong performance in sports medicine, advanced wound management, and orthopaedics, which together make up 60 per cent of their business, has led to a 7.3 per cent rise in [...]
New SFO director has ‘a massive mountain to climb’ as the anti-fraud agency looks to rebuild July 26, 2023 The new director of the Serious Fraud Office (SFO) faces a herculean task in rebuilding the agency’s reputation after a number of failures over the last few years, top City lawyers have warned. Earlier this month Nick Ephgrave, the former assistant commissioner of the Metropolitan Police, was appointed as the next director of the agency [...]
Serco shares jump as outsourcer raises profit outlook June 29, 2023 Shares in outsourcing giant Serco soared over 11 per cent this morning after the firm raised its profit guidance for the year ahead on the back of rising demand for its immigration services. In a trading update this morning, the company said it expects to see underlying trading profit of around £245m, a 4 per [...]
Politicians don’t understand housing and asylum seekers will pay the price May 31, 2023 The government wants to temporarily scrap HMO licensing for asylum seekers' accommodation. It risks creating a set of dangerous sub-standard homes unfit for the future, writes Elena Siniscalco
Unilink: Software firm wins His Majesty’s pleasure for prison technology May 16, 2023 Francis Toye says he always wanted to start up his own business but thought he was maybe too “risk averse”. The opportunity came when he was set free from a 15-year career from IBM following a restructuring process. With a little redundancy cash and still working with the technology giant as a partner, Unilink was [...]
Calls to overhaul ‘antiquated’ trial rules grow as SFO forced to drop G4S case March 14, 2023 The UK’s Serious Fraud Office (SFO) on Friday said it would be dropping its case against three former G4S executives over claims they defrauded the UK government of tens of millions of pounds. The collapse of the SFO’s case came after G4S itself took responsibility for the fraud that saw it mislead Britain’s Ministry of Justice [...]
Charges dropped against three former G4S executives accused of defrauding taxpayers March 10, 2023 Charges have been dropped against three former executives of G4S’s electronic tagging arm who were accused of defrauding the Ministry of Justice following a 10-year investigation. G4S Care and Justice Services had provided electronic monitoring services to the government from 2005 to 2013. The subsidiary of security giant G4S was accused of misleading the MoJ [...]