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Carillion's woes

UK construction firm Carillion is in huge financial trouble.The UK’s second-largest construction is shouldering a whopping £1.5bn debt pile and some fear it could collapse into administration. The big concern is over the disruption this might cause, given Carillion holds so many government contracts – from building hospitals to …

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Open Banking: UK's big financial experiment

It’s being called a revolution in banking. So-called Open Banking kicks off on Saturday in what amounts to a gigantic financial experiment in which Britain is leading the world. Under the scheme, nine of the biggest lenders operating in the UK – Lloyds, RBS, Barclays, HSBC, Santander, Danske, Allied …

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Accountancy firm Price Waterhouse banned from India

PwC’s Indian unit has been banned from auditing listed companies for two years, over one of the country’s biggest corporate scandals.Price Waterhouse was auditor for Satyam computers when company owner Ramalinga Raju admitted to inflating earnings.The ban by Indian market regulator the Securities and Exchange Board (Sebi) will come …

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Make a difference with a Clark James recruitment franchise

One in four employees are preparing to change jobs in 2018 and not all recruitment businesses are prepared to deal with the surge in applications. A rapid, efficient response is essential to ensure that the CVs of qualified candidates aren’t lost in the black hole of the recruitment funnel. …

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The results are in – Spoton.net scores high for franchisee satisfaction

Our Spoton.net franchisees recently completed the Smith & Henderson Franchise Satisfaction Benchmark survey – this is an independent, anonymous survey that offers franchisees the opportunity to provide honest feedback on their franchise experience. We’re pleased to say that the Spoton.net franchise received an excellent response from our franchisees. 100% …

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Ailing Carillion puts administrator on standby

Carillion has put one of the big four accountancy firms on standby to oversee an administration of the construction giant in a further signal of the precarious state of its finances. Sky News has learnt that EY and PricewaterhouseCoopers were asked to compete for the role as administrator to …

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