In a high profile exit, Spotify’s Barry McCarthy has announced that he will no longer continue his role as CFO of the streaming giant by January 2020.
FinTech is entering a third phase of development.
Mothercare has entered administration, closing all UK stores, with its consequences potentially affecting Mamas & Papas. Mothercare previously issued profit warnings and had entered a Company Voluntary Arrangement in June 2018 to reduce rental payments for their store leases after suffering financial difficulties.
Royal Mail believes that its employees were forced into voting for a strike due to take place during the period of the general election. As a result, Royal mail sought an injunction at the High Court.
Prada has signed a 5 year sustainability term loan worth £43 million with French banking group Crédit Agricole.
The Financial Conduct Authority (FCA) is suing Park First Ltd for fraudulently misrepresenting an investment scheme which raised £230 million from over 4,500 investors.
The costs of litigation in the recent case of Bates v Post Office have climbed above £35 million, a number which many have termed “excessive”.
British supermarket chain Morrisons has appealed its case to the Supreme Court to try and overturn a ruling that found the supermarket giant vicariously liable for a data breach, after an aggrieved employee released staff’s personal data online and to newspapers.
In a bid to make them more competitive, Asda have attempted to vary the contracts of all of their employees, which has caused major upset.
Tiffany & Co reject surprise $14.9billion takeover bid by the world's largest luxury goods group, LVMH.