Latest Stories All Stories

Business
Evening Standard
UHY Hacker Young sanctioned by FRC over Laura Ashley audits
London-based chartered accountant UHY Hacker Young has been sanctioned by the Financial Reporting Council (FRC) over its handling of auditing for high street furnishings and clothing retailer Laura Ashley.The issues related to the financial years 2018 and 2019 before the company filed for administration in March 2020.The FRC said that UHY had not “challenged” the …
Business
Evening Standard
Twitter sues Elon Musk to force through takeover
Twitter is suing billionaire Elon Musk over his abandoned $44 million takeover of the company in a bid to force him to close the deal.The social media giant has filed a 62-pegal lawsuit at a Delaware court after hiring hotshot New York law firm Wachtell, Lipton, Rosen & Katz to hold him to the original …
Business
Business Live
IT firm co-owned by former star of The Apprentice sold
An IT firm co-owned by a former star of The Apprentice has been sold. Manchester-based Everything Tech has been acquired by Managed IT Services Group (MITSG) for an undisclosed sum. Everything Tech was co-owned by Ruth Hall who as Ruth Badger finished second in The Apprentice in 2006. READ MORE: How a runner-up on The …
Business
Sky News
Five household energy suppliers called out amid row over unjustified direct debit levels
The energy regulator has called out five of the country’s biggest household energy suppliers for their treatment of customers amid complaints of unjustified direct debit levels.Ofgem launched a compliance review in May after the business secretary Kwasi Kwarteng complained that “some” companies had been increasing direct debit payments “beyond what is required” following the energy …
Business
Business Live
Amazon-backed banking platform Pismo appoints former Just Eat director in Bristol
Banking and payments platform Pismo has appointed a new engineering director in Bristol. Ross Larter will be responsible for structuring the technical team, expanding the company’s solutions, and supporting processes related to Pismo’s globalisation strategy, according to the São Paulo-headquartered firm. Before joining Pismo, Mr Larter spent more than six years as engineering director of …
Business
Business Live
Premium retailer Booths marks 175th anniversary with a rare Yorkshire whisky
Yorkshire’s first single malt whisky distillery has bottled a rare single cask in response to a request from premium independent grocers, Booths. Spirit of Yorkshire Distillery, home to Filey Bay single malt whisky, was invited to select and bottle a single cask whisky to celebrate the 175th anniversary of the fifth generation family grocers. Cask#175 …
Business
Evening Standard
Collapsed crypto fund co-founder hits back at liquidators after ‘threats of physical violence’
A co-founder of a collapsed crypto hedge fund reportedly once worth $10 billion has hit back at accusations by liquidators that he is refusing to cooperate with them.Three Arrows Capital (3AC) co-founder Zhu Su tweeted: “Sadly, our good faith to cooperate with liquidators was met with baiting.” In a court filing on Friday, liquidators of …
Business
Euro News
Twitter sues Elon Musk over $44 billion merger bid, accuses him of ‘bad faith’ actions
Business
Sky News
UK economy returns to growth aided by travel rebound despite retail hit
The UK economy grew by 0.5% in May, according to official figures.It marked something of a rebound in gross domestic product (GDP) after a rocky few months, with the latest data showing upwards revisions to early estimates for March and April to 0.1% and -0.2% respectively. The latest figure from the Office for National Statistics …
Business
Sky News
‘We cannot afford to get stuck in limbo’: Business leaders call for Tory leadership hopefuls to prioritise economic growth
Economic growth cannot be put on hold for two months while the leadership contest plays out – that’s the warning from the director-general of the CBI.In an open letter to the Conservative Party leadership candidates, Tony Danker said: “As the leadership contest plays out, growth can’t be put on hold for two months. “We cannot …
Business
Sky News
Network Rail makes offer to rail workers but union calls it a ‘real-terms pay cut’
Network Rail has made a new offer to workers following three days of strike action last month, but it does not appear to have been welcomed by the Rail, Maritime and Transport Workers’ union (RMT).RMT general secretary Mick Lynch said in a message to members on Tuesday: “It amounts to a real-terms pay cut for …
Business
Sky News
Heathrow telling airlines to stop selling summer tickets is ‘ridiculous’, says former BA boss
Heathrow Airport has been accused of trying to maximise profits during a difficult travel period at the expense of airlines.The claim comes from the former boss of BA owner IAG, Willie Walsh, who is now director general of the International Air Transport Association (IATA) – a body representing global airlines. He was speaking after the …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources