Thought leadership

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O2 and TFL outsourcer Capita shares plunge on profits warning and major shake up

Capita shares have plunged over 40% after the outsourcing firm warned on profits and announced a major shake-up. New chief executive Jonathan Lewis said the company had become “too complex” and “driven by a short-term focus” and needed to change its approach. Capita, which issued a series of profit warnings last year, has again cut […]

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Carillion collapse sparks call for break up of ‘Big Four’ accountancy firms

The UK’s biggest accountancy firms are facing renewed scrutiny in the wake of the collapse of Carillion. Frank Field, the chair of the Work and Pensions Committee, asked whether KPMG, PwC, Deloitte and EY should be broken up in the wake of the firm’s collapse. Accountancy watchdog head Stephen Haddrill, agreed that the UK’s four […]

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Collapsed Carillion ‘wriggled out’ of pension scheme payments while continuing to pay bosses’ bonuses

Carillion “wriggled out” of payments into its company pension schemes as its troubles grew, while it carried on paying shareholder dividends and bosses’ bonuses, say MPs. The Work and Pensions select committee is questioning the way pension investments were managed at the collapsed outsourcing giant. The schemes overall are in deficit. But last year contributions […]

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Vendors partner to launch energy switch campaign aimed at consumers

Perkbox, which claims to be the UK’s fastest growing employee benefits platform, has partnered with iChoosr, the collective switching expert to launch a new collective energy switch campaign in an attempt to offer further value for money to users at a time when cost of living is at an all time high and consumers are often […]

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Vendors team up to help small businesses improve delivery for customers

Sage the market leader in cloud business management solutions, and UPS a global leader in logistics, are offering small businesses a single, real-time source of customer and order data to simplify financial management and shipment processing with Sage Business Cloud. Sage Business Cloud offers a cloud financial management solution, built on the Salesforce platform, to […]