Robert Moorhead, former finance chief of WH Smith, has postponed his planned move to join the board of Greggs amid an ongoing investigation into an accounting mistake at his previous
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Thames Water has declined to recoup £2.5 million in bonuses paid to senior managers from an emergency loan intended to stabilise the struggling utility company’s finances. The payments, distributed to
The chairman of Marks and Spencer has delivered a stark warning about the United Kingdom’s capability to combat cyber threats, revealing the retailer sought assistance from the US Federal Bureau
Big Technologies has claimed that its allegations regarding former chief executive Sara Murray’s undisclosed connections to offshore companies have been ‘largely confirmed’ by an international financial services provider. The revelation
A mounting rebellion against billionaire hedge fund manager Daniel Loeb’s latest deal is gaining momentum as a fifth major shareholder voices stern opposition to the proposed merger. Evelyn Partners, holding
The aviation industry giant Boeing confronts renewed scrutiny following a catastrophic crash of its 787-8 Dreamliner in Ahmedabad, India, resulting in 241 fatalities. The incident has forced CEO Kelly Ortberg
The Financial Reporting Council (FRC) is set to make significant changes to the UK Stewardship Code, a framework designed to guide how shareholders hold companies to account. Created in the
Tesla chief executive Elon Musk has announced plans to reduce his involvement in the Trump administration following a significant decline in the electric carmaker’s profits and sales, which analysts attribute
Shareholders in the UK’s largest venture capital trust, Octopus Titan, have expressed outrage over £162 million in fees received by its management during a period of disappointing performance. Investors have
The once-unstoppable fast-fashion giant Shein finds its London flotation plans increasingly threatened by regulatory challenges and ethical scrutiny. The Singapore-based retailer, which revolutionised online fashion with its ultra-low-cost business model,
The largest shareholder in Topps Tiles has launched a scathing criticism of the retailer after the Competition and Markets Authority (CMA) raised the possibility of an in-depth investigation into its
The engineering consultancy John Wood Group has witnessed its shares plunge by more than 55% following revelations of severe financial difficulties and governance concerns. The company’s announcement of a potential
Major financial institutions Goldman Sachs and Deloitte have begun dismantling their diversity initiatives in response to mounting political pressure from the Trump administration. The moves represent a significant shift in
In a significant shift of corporate policy, BT Group has announced plans to remove diversity, equity and inclusion (DEI) metrics from its bonus calculations for thousands of middle managers, marking
Danish renewable energy giant Orsted has announced the departure of its chief executive Mads Nipper following a catastrophic 80% decline in the company’s share value during his leadership tenure. The
Danish pharmaceutical giant Novo Nordisk, Europe’s most valuable listed company, has received a stern reprimand from the Prescription Medicines Code of Practice Authority (PMCPA) for systematically failing to disclose healthcare
