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News

Hornby issues profit warning from unexpected foreign exchange hit

Model railway maker warns of foreign exchange hit related to last year's supply chain problems

09 Apr 2014

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News

Credit Suisse executive joins RBS as CFO

RBS appoints Credit Suisse exec that advised the Treasury on bank bailout as its next CFO

04 Apr 2014

News

Future Publishing CFO Byng-Maddick steps up to CEO

Zillah Byng-Maddick promoted to CEO of Future Publishing, replacing Mark Wood

28 Mar 2014

News

Babcock launches £1.1bn rights issue to fund Avincis deal

FTSE 100 engineer Babcock International to fund acquisition of debt-laden helicopter services company Avincis with a £1.1bn rights issue

28 Mar 2014

News

Aer Lingus CFO leaves for Middle East role

Andrew Macfarlane is stepping down from Irish arline Aer Lingus later this year

26 Mar 2014

News

FTSE 250 Interserve swaps Deloitte for GT auditors

FTSE 250 company first to move from Big Four firm to mid-tier rival since regulatory audit changes

26 Mar 2014

News

Box to launch $250m IPO

Funds from IPO could be used for M&A, global expansion, data centre expansion or infrastructure improvement, CFO told Financial Director last year

25 Mar 2014

News

Co-op Bank to raise £400m as losses widen

Co-operative Bank to launch £400m rights issue following discovery of costs related to past misconduct

24 Mar 2014

News

BDO loses FTSE 250 Derwent London audit to PwC

PwC picks up the £300,000 audit of Derwent London from BDO

21 Mar 2014

News

Autonomy’s Lynch claims HP ‘misleading’ its shareholders

Mike Lynch reignites war of words with HP boss Meg Whitman in open letter sent to HP shareholders

20 Mar 2014

News

Cairn Energy takes a hit as it suspends share buy-back

Cairn Energy suspends share buy-back programme while it deals with an Indian tax dispute

19 Mar 2014

News

COO role for Co-Op's Pennycook and annual report delayed

CFO Richard Pennycook given elevated role when he steps down as interim CEO, and company delays annual report by two weeks

19 Mar 2014

News

Rio Tinto CFO raises fears of cost of new tax rules

Rio Tinto CFO concerned about compliance costs associated with new regulatory initiatives around worldwide tax reporting

18 Mar 2014

News

Serco group CFO to quit following two profit warnings

Profit warnings and overcharging government scandal sees Andrew Jenner rumoured to step down from the company

17 Mar 2014

News

Ex-Deloitte manager take CFO role at Air Partner

Former All Leisure group FD and ex-Deloitte manager Neil Morris takes interim CFO role at aviation business

17 Mar 2014

News

'Worrying times' as HMRC withdraws firm's VCT status

HMRC withdraws VCT status of a company, following breach of investment rules

14 Mar 2014

News

Tesco preparing for exit of CFO Laurie McIlwee

Tesco paving the way for departure of CFO, according to reports

11 Mar 2014

News

Companies cash stacks grow after strong 2013

Companies who have seen cash build up have done so by an average 26%, according to Capita Asset Services/Financial Director survey

11 Mar 2014

News

Deloitte propose rent reductions in LA Fitness CVA

Neville Kahn and Matt Smith reduce rent payments to rescue LA Fitness and LA Leisure

10 Mar 2014

News

Schroders makes £15m tax provision

Fund manager sets aside £15m for potential tax fine from DOJ investigation

10 Mar 2014

Latest Opinion

Geopolitical threats endanger growth prospects

New geopolitical threats are accentuating concerns that the global economy may be facing a prolonged period of low growth

A clear and tangled vision to benefit from the cloud

Be innovative, brave and use a multitude of suppliers to make the cloud work effectively - and be safe, writes Peter Cochrane

Is the Commonwealth good for British business?

Most research finds that being a former British colony has, at best, a neutral effect on economic growth

Latest Analysis

IFRS 9 leaves much open to interpretation

Judgement will play a key part in implementing new financial instruments standards, finds Richard Crump

FRC nears end of Sisyphean task of implementing going concern

The FRC’s third set of going concern proposals attempted a compromise. Naomi Rainey looks at the corporate and investor positions

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