Wework dragged to court over refusal to give up lease on London Southbank office January 24, 2024 Embattled co-working space Wework is being dragged to court because it is refusing to forfeit the lease at one of its most profitable locations on London’s Southbank, according to reports. Almacantar, the property developer who oversees the building at 10 York Road, has been trying to kick the troubled American firm out since it filed [...]
Treasury told to cough up Fujitsu contract details as Post Office scandal deepens January 19, 2024 The Treasury and a swathe of public bodies are being urged to hand over details of their contracts with the controversial IT firm Fujitsu as the fallout from the Post Office Horizon scandal deepens.
Mazars partners with Forvis to create £4bn global network as City hosts head office June 3, 2024 Professional services firms Mazars and Forvis have come together to launched a £3.9bn ($4.7bn) global network
Post Office scandal: Legal regulator warns it ‘will take action’ against unethical lawyers January 19, 2024 The legal regulator has warned law firms and lawyers who worked for the Post Office will face ‘action’ if they are found to have ‘fallen short’ of the standards. The Solicitors Regulation Authority (SRA) provided an update into its investigation today, explaining that it is currently scrutinising tens-of-thousands of pages of information and evidence. The [...]
Fujitsu ‘helped Post Office with prosecutions’ and staff knew of Horizon problems, MPs told January 16, 2024 The boss of scandal-stricken Fujitsu has said staff at the company pre-2010 knew there were issues with its Horizon technology.
Explainer: Mark Rowley vs the government on sacking abusive Met officers August 10, 2023 The Met police is under the spotlight again, but this time, it’s because its chief Sir Mark Rowley has openly accused the government of standing in the way of getting rid of abusive officers within the force. Rowley, who became the Met commissioner last September, has made it his mission to clear up the force. [...]
Post Office warned it could face insolvency over £100m tax bill January 14, 2024 Fears over the Post Office’s finances are growing as it emerged it claimed tax relief on compensation payouts.
Paula Vennells: Former Post Office chief denies she ‘ironed away disturbing complaints’ May 22, 2024 Former chief executive Paula Vennells has denied the Post Office used methods to “iron away” some “very disturbing complaints”.
Post Office could face £100m bill and insolvency, tax expert says January 13, 2024 The Post Office could be facing a £100 million bill and insolvency after claiming tax relief for its compensation payments to subpostmasters, according to a tax expert.
Fujitsu sees £786m wiped off value amid Post Office scandal January 11, 2024 Fujitsu has had more than a billion dollars wiped off its value within just eight days, according to data platform Alt Index.