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Archive for April, 2019

KPMG ‘severely reprimanded’ over audit

April 30, 2019

KPMG has been fined £6m, “severely reprimanded” and told to undertake an internal review over the way it audited an insurance company. The Financial Reporting Council (FRC) said it related to the 2008 and 2009 audits of Syndicate 218, a firm based at the Lloyds of London market. Mark Taylor, a partner at KPMG, and […]


JLR to build new Land Rover Defender in Slovakia

Jaguar Land Rover (JLR) will build its next-generation Land Rover Defender 4×4 in Slovakia rather than the UK. The Defender model was built at the firm’s Solihull factory near Birmingham until 2016. The firm says the new model has been designed and engineered in the UK and its new engines built in Wolverhampton. JLR also […]


Four Seasons Health Care goes into administration

One of Britain’s largest care home groups, Four Seasons Health Care, has gone into administration. Two of the holding companies behind the firm appointed administrators on Tuesday after struggling to repay their debts. The group serves about 17,000 residents and patients and employs some 20,000 staff. Four Seasons said the move would not affect care […]


London Marathon ‘discriminates against assisted runners’

April 26, 2019

London Marathon organisers have been accused of discrimination over their policy of excluding assisted runners. David and Sandra Kerr from County Down have run 35 marathons pushing their son, Aaron, in his adapted wheelchair. The Kerr family had asked London Marathon organisers if they could compete but were told it would be against the rules. […]


P&O sues UK government over no-deal Brexit ferry case

Ferry firm P&O is taking legal action against the UK government, claiming a rival was unlawfully handed £33m of taxpayers’ money. Last month, the Department for Transport (DfT) was forced to settle with train operator Eurotunnel, which had challenged the procurement of no-deal Brexit shipping contracts. As part of the deal, Eurotunnel agreed to make […]


How the US military’s opium war in Afghanistan was lost

The US has spent $1.5m (£1.15m) a day since 2001 fighting the opium war in Afghanistan. So why is business still booming? It’s November 2017. The night vision camera shows a network of streets in a town in Helmand province, the poppy-growing centre of Afghanistan. The camera wheels around the targets before the missiles come […]


Two degrees now needed to get higher pay

Young graduates in England need a postgraduate degree to get significantly ahead in earnings, official income data suggests. Graduate earnings figures show that up to the age of 30, postgraduates typically earn £9,000, or about 40%, more than those without degrees. This is double the £4,500 per year gap – about 21% – between those […]


Debenhams names 22 stores to close

Debenhams has named 22 of the 50 stores it plans to close as part of a plan by new owners to revive the department store chain. The retailer says the store closures will start next year and 1,200 staff will be affected by the first phase. Stores in Canterbury, Guildford, Wolverhampton and Kirkcaldy are among […]


Huawei 5G row: Government ‘cannot exclude’ criminal investigation

April 25, 2019

The government “cannot exclude” a criminal investigation into leaks from a meeting about using Huawei technology for the UK’s 5G network. Culture Secretary Jeremy Wright condemned the leaks from a National Security Council meeting to the Daily Telegraph, after ministers called for a “full and proper” investigation. Former Attorney General Dominic Grieve said if a […]


ames Bond 25: Rami Malek joins cast and Phoebe Waller-Bridge to co-write

Oscar-winning actor Rami Malek is to play a villain in the 25th official James Bond film, it was confirmed at the movie’s launch event in Jamaica. Malek won the Academy Award for best actor in February for playing singer Freddie Mercury in Bohemian Rhapsody. Fleabag creator Phoebe Waller-Bridge is among the new film’s writers. But […]


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