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Sky News
EY fined £2.2m over Stagecoach audit failings
Professional services firm EY has been fined £2.2m by the UK’s accounting watchdog for failings in its audit of bus company Stagecoach.EY was accused by the Financial Reporting Council (FRC) of failing to obtain adequate information from Stagecoach in order to sign off on its financial accounts for 2017. The London-based company, which offers accounting, …
Business
Sky News
Just Eat plans to create more than 1,000 customer service roles at UK site
Takeaway delivery platform Just Eat has announced plans to create more than 1,000 customer service roles at its new office near Sunderland.The company, which is part of the Amsterdam-based Just Eat Takeaway group, is bringing work in-house that was previously outsourced to third party operators in Bulgaria and the Philippines. It said it had already …
Business
Sky News
Ryanair blames UK government and Belfast airports as it pulls out of Northern Ireland
Ryanair has blamed a lack of support from the UK government and Belfast’s two airports as it confirmed it was pulling out of Northern Ireland.The Dublin-based carrier’s routes from Belfast International Airport to a number of European destinations will cease on 30 October. It will also stop a number of seasonal flights from the separate …
Business
Sky News
Amazon offers £1,000 bonus to recruits as battle for workers heats up
Online marketplace Amazon is offering new warehouse workers a £1,000 joining bonus as it tries to compete in the current hiring crisis.The business says warehouse pickers and packers across the UK are “urgently needed” to meet booming demand. It comes as UK firms struggle to fill roles across a range of industries thanks to worker …
Business
Sky News
Pension schemes warning over £7bn Morrisons takeover deal
The £7bn US private equity takeover of Morrisons could “materially weaken” the security of its pension schemes, trustees of the funds have warned.Tens of thousands of current and former workers at Britain’s fourth biggest supermarket chain belong to the retirement schemes. The board of Morrisons last week agreed to a takeover by Clayton Dubilier & …
Business
Sky News
‘There’s no time to waste’: Airbnb to temporarily house 20,000 Afghan refugees
Airbnb has said it will pay to temporarily house 20,000 Afghan refugees while they wait to find permanent accommodation around the world. The online letting company did not specify how long it would host the refugees for, but said that the situation in Kabul was “one of the biggest humanitarian crises of our time”. It said …
Business
Sky News
SoftBank Vision Fund takes stake in UK AI start-up Peak
The world’s largest technology investor is to plough tens of millions of pounds into a Manchester-based artificial intelligence (AI) start-up which aids corporate decision-making.The world’s largest technology investor is to plough tens of millions of pounds into a Manchester-based artificial intelligence (AI) start-up which aids corporate decision-making. Sky News has learnt that SoftBank’s Vision Fund …
Business
Business Live
Cornwall business owners say covid spike down to large visitor numbers and lack of social distancing measures
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Business
Evening Standard
Property tech firm Plentific raises £73 million to fuel US expansion
Property-tech firm Plentific has raised $100 million (£73 million) from international investors to fuel a “rapid” expansion in the US. Canadian investment giant Brookfield’s growth arm and Abu Dhabi sovereign wealth fund, Mubadala, are among those putting cash into the London-based property management software provider.Plentific launched back in 2013 and caters to landlords in the …
Business
Business Live
Commercial cleaning firm Mrs Bucket lands Wales Millennium Centre as latest client
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Business
Business Live
Tyneside contractor Kapex Construction collapses into administration
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Business
Evening Standard
Why investors should keep hold of “dirty” shares
On the face of it, the JP Morgan fund in our story today is just doing the right thing.Marathon Petrol and Raytheon Tech are on the UN’s naughty list when it comes to climate change and as responsible investors, they felt they had to dump the stocks.Fair enough, brownie points won.What JP Morgan doesn’t tell …

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