Business

Patisserie Valerie auditor faces probe over alleged fraud

[ad_1] Image copyright Getty Images Accountancy firm Grant Thornton is being investigated over its auditing of Patisserie Holdings.The Financial Reporting Council (FRC) said it is investigating audits by Grant Thornton of three years - 2015, 2016 and 2017.Last month Chris March, former finance director at the cafe chain Patisserie Valerie, was arrested after accounting irregularities were uncovered.Mr Marsh is also being investigated by the FRC. [ad_2] Source link
Business

US says China has ‘not altered’ unfair trade practices

[ad_1] Image copyright Getty Images The Trump administration has accused China of not changing its "unfair" practices, inflaming a trade dispute between the world's two largest economies. In an update to a March report, the US said China had failed to alter its "unreasonable" practices. The US has, along with other countries, long criticised Beijing over its trade policies. The move raises tensions ahead of a high-stakes leaders meeting this
Business

Glamour magazine to go online only in the US

[ad_1] Image copyright Getty Images Image caption Glamour's editor in chief Samantha Barry said on Tuesday Glamour magazine was "the ultimate authority for the next generation of change-makers" Media giant Condé Nast has said it will stop printing monthly editions of its 80-year-old Glamour magazine in the US and move entirely online.Editor in chief Samantha Barry said the fashion and lifestyle magazine would target audiences "on the platforms they frequent
Business

What’s biting Apple? – BBC News

[ad_1] Image copyright Getty Images Image caption Apple boss Tim Cook has seen his company lose billions in market value in recent weeks Apple was once the, well, apple of Wall Street's eye.The first US company to achieve a trillion dollar market value, the tech giant boasted trend-setting products, a cash pile larger than the economy of some countries and consumers so loyal they would camp out overnight.But in recent
Business

Black Friday: How sales have changed how we spend

[ad_1] Image copyright Getty Images UK consumers are expected to spend over £2,000 each in the run-up to Christmas, according to research by Adobe.Many will be hoping to make the most of any deals on offer. Black Friday originated in the US, as a way of kicking off Christmas spending after Thanksgiving with the lure of great bargains. Most British retailers are now in on the action. Emails offering discounts
Business

US adviser hints at evicting China from WTO

[ad_1] Image caption Kevin Hassett, chairman of President Trump's Council of Economic Advisers One of President Trump's top economic advisers has suggested there could be a case for "evicting China" from the World Trade Organisation (WTO). In a BBC interview, Kevin Hassett chairman of the president's Council of Economic Advisers said China had "misbehaved" as a member of the WTO.He also claimed that the US had been failed by the
Business

Carlos Ghosn : Renault names interim chief executive

[ad_1] Image copyright Reuters Image caption Carlos Ghosn was arrested in Japan on Monday Renault has appointed a temporary deputy chief executive to take over the running of the French car firm following the arrest of Carlos Ghosn.Renault said its chief operating officer, Thierry Bolloré, would step up to the role because Mr Ghosn was "temporarily incapacitated".Following an emergency board meeting, Renault said Mr Ghosn would remain as its chairman
Business

TalkTalk to move headquarters to Salford from London

[ad_1] Image copyright TalkTalk Image caption TalkTalk says the move was "part of its strategy to simplify its operations" Broadband provider TalkTalk is moving its headquarters from London to Salford, the firm has confirmed.It said hundreds of roles would be relocated to its Salford office - where its business and technology teams are already based - in 2019.It said transferring its main office out of London was "part of its