There had been a similar failure 10 months earlier, when Carillion, a giant construction and services group, also ran out of cash. With Carillion, there were more warnings, but eventually its accounts also proved to be wildly at odds with the reality of its financial position. Its demise led to calls for changes to how audits are conducted, and when the bakery chain went under, those calls became deafening.
Food charity Fareshare says donations from the major grocers have fallen, just as demand has surged.
But he pointed out that most chief executives have already made millions of pounds over the course of their...
CTS last posted an update on its website, and on X, on Friday, saying the outage was caused by...
“It is massively hard to navigate for everyone, especially clients, who need to make quick decisions in these circumstances,...
It will be paid to those who receive Disability Living Allowance, Personal Independence Payment, Attendance Allowance, Scottish Disability Payments,...
People are cutting back due to cost of living pressures, Ms Smith said, and the beginning of the year...
Sir Charlie Bean, who was responsible for economic forecasts at the government’s independent forecaster, the Office for Budget Responsibility...
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