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(Adds more detail, reaction)By Huw JonesLONDON, March 18 (Reuters) - Britain proposed weakening the market grip of "Big Four" auditors on Thursday and making company directors responsible for spotting fraud after the collapses of retailer BHS and ...
Read more* Expects 500 mln pounds in sale proceeds in 2021* 2020 pretax loss of about 49 mln pounds, smaller than prior year* Sees 2021 organic sales growth, cash generation in 2022* Three business on the block for sale, including Axelos* Shares gain 10% in ...
Read more(Adds details on restructuring, background)March 17 (Reuters) - British outsourcer Capita will merge multiple businesses into two core operating divisions and seek to raise 700 million pounds from sales of other assets, it said on Wednesday, launc...
Read more* UK expected to announce audit reforms on Tuesday* 4-month consultation expected for 200-page paper* Could lead to individuals holding fewer directorships (Adds more detail, reaction)By Huw JonesLONDON, Feb 5 (Reuters) - Company directors would bec...
Read more(Adds ministry statement)LONDON, Feb 5 (Reuters) - Company directors would become personally liable for the accuracy of their financial statements under landmark proposals from Britain's finance ministry next week to improve corporate behaviour, s...
Read moreBy Abhinav Ramnarayan and Lawrence WhiteLONDON, Dec 8 (Reuters) - European companies hit by the coronavirus crisis are increasingly turning to a complex financial tool to pay suppliers, raising investor concerns around "hidden" debt.Supply chain f...
Read more(Adds details and further comments from statement)By Huw JonesLONDON, Nov 13 (Reuters) - Collapsed builder Carillion and some of its executive directors were "reckless" in failing to ensure that their public announcements did not mislead investors...
Read moreLONDON, Nov 13 (Reuters) - Collapsed builder Carillion and some of its executive directors were "reckless" in failing to ensure that public announcements did not mislead investors, Britain's Financial Conduct Authority said on Friday."They made mi...
Read moreBy Huw JonesLONDON, Sept 21 (Reuters) - Britain's accounting regulator said it has delivered its initial report into KPMG's audit of builder Carillion, an indication that apparent rule breaches have been found.The construction company's collapse i...
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(Sharecast News) - The cost of building two new hospitals that are still uncompleted after the collapse of government contractor Carillion, the National Audit Office said on Friday
Read more(Sharecast News) - GMB union has launched the Go Public campaign to reduce the outsourcing of public services which has risen by 53% in 2018 despite the struggles of many operators in the market and the Carillon collapse last year.
Read more(Sharecast News) - UK taxpayers will have to pay £65m to cover redundancy payments for former Carillion workers who were made redundant after the company's collapse in January.
Read more(Sharecast News) - The trading phase of liquidating failed government contractor Carillion has been completed and operations will now move to paying suppliers and investigating the conduct of the company's directors, the government Insolvency Service said.
Read more* FTSE 100 up 0.17 percent on the day * FTSE ends first quarter with 8.2 percent loss * GKN surges after Melrose bid acceptance (Adds closing prices) By Kit Rees and Julien 29
Read more(There will be no London-based FTSE report on Friday March 30 and Monday April 2 due to public holidays in the UK.) * FTSE 100 up 0.4 pct *
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