The UK’s audit watchdog has fined Grant Thornton £40,000 after it found the firm failed to comply with auditing frameworks for a local authority’s pension fund. The Financial Reporting Council …
Retirement Planning
John Lewis nabs Tesco veteran as it looks to turn page on Sharon White debacle
Ailing high street favourite John Lewis has appointed Tesco veteran Jason Tarry as its new chair, taking over from Dame Sharon White – who will bring her disastrous tenure at …
Aviva and the UK Infrastructure Bank unveil £100m plan to help power London red buses’ electric shift
A group of investors have unveiled £100m in funding to electrify hundreds of London’s buses as part of the sector’s push to decarbonise. The UK Infrastructure Bank (UKIB) and HSBC, …
Sergio Garcia takes heart for Masters despite LIV Golf Miami play-off defeat
Former Masters champion Sergio Garcia hopes to challenge for another Green Jacket at Augusta this week after narrowly missing out on victory at LIV Golf Miami on Sunday. Garcia led …
London set for AI tech boost as Microsoft to open state-of-the-art Paddington hub
Microsoft will open a new hub in London to expand its capabilities in artificial intelligence (AI) technology in London, it has been announced. The company said Microsoft AI London would …
Britannia Hotels: UK’s worst chain continues to rake in profits
Britannia Hotels has continued to increase its turnover and profits despite the chain being ranked the UK’s worst for the last 11 years. The Cheshire-headquartered group has posted a turnover …
How I left my day job to start my own business — with the invention of the foldable shoe
“Why has no one done this before?” Janan Leo asked herself back in 2007 when she invented the foldable shoe with the debut of her women’s footwear business, Cocorose London. …
Pension giant Phoenix reportedly plotting multibillion-pound fund in boost for Hunt’s Mansion House Reforms
Phoenix Group, the UK’s largest long-term savings and retirement business, is reportedly planning to launch a new multibillion-pound fund to invest in high-growth companies and boost pension returns. The Telegraph …
‘All the DJs have left Berlin!’ Riaz Phillips interviews Mickey Down
Food writer and author Riaz Phillips interviews his old flatmate and fellow Oxford University alumnus Mickey Down, the co-creator of hit TV show Industry, at the hip West African restaurant Akoko. The …
Santander UK to quit lending standards body ‘over risk of regulatory confusion’
Santander UK is reportedly terminating its membership of a major lending standards body to avoid confusion over the duplication of voluntary and regulatory industry standards. The UK arm of Spain’s …