audit market

Support services company, Carillion, which has been suffering from financial difficulties in recent months, announced that the Financial Conduct Authority (FCA) has notified the company that has commenced an investigation. This is in connection with the timeliness and content

Read More
Persimmon LTIP

The chairman of housebuilding company, PersimmonNicholas Wrigley is to step down from his post once a successor has been found and Jonathan Davie, senior independent director and chairman of the remuneration committee resigned after taking responsibility for the

Read More
Steinhoff accounting irregularities

Markus Jooste, the chief executive of the global retail group, Steinhoff, which owns Poundland, Bensons for Beds and Pep & Co in the UK, has resigned after accounting irregularities were uncovered at the company.

The company’s supervisory board has engaged …

Read More
Corporate Governance

Although studies have shown that organisations with strong, positive cultures have been shown to outperform their peers and the absence of a healthy culture can create or exacerbate significant risks, the National Association of Corporate Directors’ (NACD) 2017 Blue Ribbon

Read More
Kobe Steel

Japanese company Kobe Steel this week said it had received a request from US judicial administrative authorities for documents following its admission earlier this month that the company had been falsifying data about its metal products for several years and

Read More
Rio Tinto
Anglo-Australian mining giant Rio Tinto has been fined £27m by the Financial Conduct Authority (FCA) for breaching UK disclosure rules while the US Securities & Exchange Commission has charged the company and former executives with fraud in relation to the
Read More
Sky

Independent investors in media group Sky voted heavily against the remuneration report with just 36% of shareholders giving it their backing at the AGM this week (12th October). Chairman James Murdoch received a narrow vote in support of his re-election …

Read More
Diageo Good Governance Report

Drinks company Diageo has topped the latest rankings for good corporate governance from the Institute of Directors (IoD) in its third annual review of the UK’s top 100 companies.

The 2017 Good Governance Report was compiled for the IoD by …

Read More
United Utilities polluting fine

Water supplier, United Utilities, which has customers based in the North West of England, has been fined £666,000 and ordered to pay costs of over £32,000 after pleading guilty to polluting a river with untreated sewage effluent in Greater …

Read More

In the run up to the Sports Direct AGM this week (6th September) there were calls for shareholders to vote against the re-election of its chairman, Keith Hellawell, amid concerns that he has not been strong enough in dealing with …

Read More