BIZARRE: 4 | Mind Blowing Facts

A North Sea oil windfall tax won’t raise much but every little bit helps

Tesco’s boss says oil producers are unfazed by a one-off levy to help households pay energy bills

The Guardian - UK · May 10, 2022

FRC launches inquiries into audits of four Liberty Steel companies

Watchdog to investigate King & King’s statutory audits of companies, owned by metals tycoon Sanjeev Gupta

The Guardian - UK · May 4, 2022

Modern slavery backlash fears slow British company disclosures, regulator says

The Financial Reporting Council (FRC) sampled 100 reports of major companies

The Independent UK · Apr 25, 2022

Accounting watchdog investigates Deloitte over Go-Ahead audits

Deloitte says it will cooperate with FRC investigation after Go-Ahead was embroiled in accounting scandal

The Guardian - UK · Apr 12, 2022

Five Yemeni Houthi-Run Areas on Verge of Famine

An international organization specialized in assessing food security has warned of possible famine in five Yemeni areas controlled by the Iran-backed Houthi militias. It also warned that the war in Ukraine, which supplies Yemen with about 30% of its annual wheat needs, threatens to further deteriorate the situation in the…

Asharq Al-Awsat · Apr 4, 2022

Labor says the Coalition has a plan to expand the cashless debit card to age pensioners. Is there any evidence?

From humble beginnings, a campaign driven by Labor MPs has grown, implying the Coalition has a plan to expand the cashless debit card to age pensioners. Is there any evidence, or is it a scare campaign?

ABC News · Mar 23, 2022

KPMG fined £1.25m over 'serious' Revolution Bars Group audit failures

Both the fines for KPMG and a former director have been reduced

Birmingham Post · Mar 8, 2022

KPMG fined £1.3 million for ‘serious’ breaches over Revolution Bars audit

KPMG’s failings related to three areas, including one that the Financial Reporting Council had previously warned posed ‘particular audit risk’.

Evening Standard · Mar 8, 2022

Ominous Death Cross Forms On First Republic Bank's Chart

If history is any guide, there may be trouble ahead for shares of First Republic Bank (NYSE:FRC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga · Feb 4, 2022

KPMG hit with £3 million fine over Conviviality collapse in latest audit scandal

The boss of KPMG UK was today forced to apologise after the accounting watchdog fined the auditor £3 million for “serious” failings with its work on collapsed drinks business Conviviality.

Evening Standard · Jan 19, 2022