The report, which has been provided to government departments while being withheld from the policyholders and Equitable Life itself, could be published as early as this week, although a Treasury spokesman refused to be drawn on speculation.
Paul Braithwaite, secretary of the Equitable Members’ Action Group, said it would take the government to the European Court for failing to implement a European directive on how the mutual was regulated, the FT reported.
Cambridge-based Frontier Developments has appointed Alex Bevis as its next finance chief
Some of the UK’s top companies are failing to adequately report poor performance and sometimes obscure their true profit figures
Chartered accountant Colin Adams rebuilt the AIM listed company’s finance team and helped turn the business around after a challenging period