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Bain Capital
Bain Capital promotes top dealmaker to co-managing partner
...Gross established Bain’s Tokyo office in 2006 and worked on several of the company’s “most successful deals”, the letter said....
March 27, 2024
Post Office scandal
Paula Vennells to face grilling at next stage of Post Office inquiry
...Vennells, Post Office chief executive between 2012 and 2019, will give evidence for the first time....
February 2, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Post Office scandal
Ex-Post Office chief claimed sub-postmasters were tempted to steal, inquiry told
...Minutes of a meeting between campaigners and Post Office executives in 2012, released on Wednesday, suggested Vennells told MPs that branch managers may have been enticed by large sums of cash “lying about...
April 10, 2024
Post Office scandal
Campaigner Alan Bates accuses government of ‘vindictiveness’ in treatment of Post Office victims
...Leighton will give evidence next week, while other senior figures, including former Post Office chief executive Paula Vennells, are scheduled to appear in the coming months....
April 9, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Former Post Office chief said sub-postmasters had been tempted by cash ‘in unexpected places’
...Paula Vennells claimed sub-postmasters had been tempted to steal, according to documents that show the Post Office chief executive blinded herself to the idea that individuals may have been falsely accused...
April 10, 2024
News updates from January 19: S&P 500 closes at record high, Ford cuts production of electric truck
Fujitsu knew of problems in Post Office software from the start, says senior executive
...Fujitsu knew of defects within the Horizon system at the centre of the UK Post Office scandal from its inception, according to a senior executive....
January 19, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthPost Office scandal
Executive infighting adds to chaos facing the Post Office
...On the outskirts of Sheffield in the north of England there is a busy atmosphere in the village Post Office....
March 2, 2024
Post Office scandal
Post Office scandal victims call for the ‘truth’ as next phase of inquiry begins
...“We will make sure the truth comes to light, rewrite the wrongs of the past,” Sunak told MPs. Paula Vennells, Post Office chief executive between 2012 and 2019, will also give testimony....
April 8, 2024
Post Office scandal
Post Office chief executive under investigation, says ex-chair
...Henry Staunton told MPs that chief executive Nick Read was the main focus of an 80-page HR review by the Post Office and had threatened to resign on no less than four occasions over the matter....
February 27, 2024
Post Office scandal
MPs consider sanctions against former Post Office chief over Horizon scandal
...UK MPs are exploring options of sanctions on a former Post Office chief executive amid fresh allegations that she misled parliament over the Horizon IT scandal....
April 3, 2024
Post Office scandal
UK Post Office sought to double chief executive’s pay package
...The former chair of the Post Office twice asked for chief executive Nick Read’s pay to be increased, a minister has told MPs, fuelling concerns over the business’s management....
February 28, 2024
News in-depthPost Office scandal
Former judiciary chief warns on Post Office mass exoneration
...of disclosure and could lead to the Post Office opposing hundreds of appeals....
April 5, 2024
Property sector
Don’t bank on office-to-home conversions
...— At the same time, the U.S. faces a shortage of residential housing....
February 28, 2024
Rail
Government orders U-turn on rail ticket office closures in England
...Senior railway executives privately expressed frustration at the U-turn....
October 31, 2023
Post Office scandal
Former Fujitsu executive steps down from Cabinet Office role
...Keegan, who left Fujitsu in 2018, had held the post of UK chief executive for little more than a year between March 2014 and June 2015....
January 26, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Post Office Ltd
Ex-Post Office chair accuses CEO Nick Read of bullying head of HR
...The former chair of the Post Office railed against the scandal-hit organisation’s chief executive Nick Read and accused him of bullying the business’s former human resources director, in a letter to MPs...
March 5, 2024
War in Ukraine
Slovakia’s prime minister U-turns on Ukraine support during visit
...Slovakia’s Russia-friendly prime minister has made an unexpected U-turn on Ukraine, pledging support on his first trip to the war-torn country only days after questioning its sovereignty....
January 24, 2024
Alex Chalk
Cases like Mr Bates vs the Post Office must be funded
...Those who fought on faced an uphill battle against the Post Office, with all its legal and financial firepower....
March 3, 2024
Post Office scandal
UK government sets out plans to exonerate Post Office scandal victims
...“It may exonerate sub-postmasters, but by blanket legislation, it may still leave the taint that not all exonerated sub-postmasters are wholly innocent,” he said.Nick Read, chief executive of the Post Office...
February 22, 2024
Letter
Letter: Post Office: a case study. But will anything change?
...Susan Hawley is of course correct and in quoting the ills of the Post Office identifies an elephant in the room....
February 16, 2024
Post Office scandal
UK government rejects claim Post Office compensation stalled ahead of election
...of pounds less than they repaid to the Post Office for shortfalls....
February 18, 2024
News updates from February 5: King Charles diagnosed with cancer, McDonald’s blames war on weak sales
SocGen to cut 5% of head office staff
...Société Générale is set to cut about 5 per cent of its head office staff, roughly 900 jobs, as new chief executive Slawomir Krupa seeks to reduce costs....
February 5, 2024
Transcript
Transcript: Will Labour’s green U-turn weaken Starmer?
...Jim PickardThere have been an awful lot of U-turns....
February 9, 2024
UK business
Badenoch row with ex-Post Office chair risks putting business leaders off public posts
...The public dispute between UK business secretary Kemi Badenoch and ousted Post Office chair Henry Staunton risks deterring experienced business executives from applying for senior public sector roles, serving...
February 23, 2024
Workplace diversity & equality
Post Office scandal sounds warning on diversity backlash
...Essani, a non-executive board director and executive coach....
February 4, 2024

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