Category : Corporate


Ex-Carillion CEO Fined £237,700 for Reckless Conduct

Former Carillion chief executive Richard Howson has been fined £237,700 by the Financial Conduct Authority for misleading market statements ahead of the company's 2018 collapse, which caused widespread job losses and project chaos.

Clarkson Sued Over Pub Car Park Injury

A 68-year-old woman suffered broken ribs and hand surgery after tripping on metal covers at Jeremy Clarkson's Farmer's Dog pub, leading to a legal claim for compensation.

KPMG Partner Fined for AI Cheating on Training

A KPMG Australia audit partner has been fined $10,000 for uploading training materials to an AI platform to cheat on an internal exam, highlighting widespread AI cheating issues across Big Four firms.

BrewDog Sale Plan Leaves 220,000 Investors Empty-Handed

BrewDog's potential sale could leave 220,000 crowdfunding investors with worthless shares while private equity backer TSG stands to gain millions, sparking anger among the 'equity punks' who helped build the craft beer brand.

Heathrow Chair Jansen Leads US Payments Firm Xplor

Former BT Group CEO Philip Jansen is set to become chairman of Xplor Technologies, a US payments software company processing $45bn annually. The move reunites him with private equity firm Advent International.

Vegas Trip Offer After Firm's Phoenixism Debt Wipeout

A recruitment company that collapsed owing £2.9m, including £647k to HMRC, has been reborn under its former owner and is promising staff an all-expenses-paid Las Vegas trip for hitting targets, highlighting concerns over phoenixism practices in business.

BrewDog Hires Advisers for Potential Breakup Sale

Scottish craft beer giant BrewDog has appointed restructuring firm Alix Partners to assess bidders for a potential sale, which could leave many of its 220,000 crowdfunding shareholders with minimal returns.

Natwest CEO Pay Hits £6.6m Amid Bonus Surge

Natwest's chief executive Paul Thwaite received a £6.6m pay package, a 33% increase, as the bank's profits reached a post-crisis high of £7.7bn. The rise follows deregulation of bonus caps post-Brexit.

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