Royal Mail shares stumbled on Thursday, as the postal delivery firm outlined its new restructuring plan that could cost 2,000 jobs. Royal Mail shares RMG, -12.23% dropped 10% as the company said it expects to be loss-making this year and not to pay a dividend. The job cut plan by …
Read More »Government-Backed Review Proposes Overhaul of U.K. Audit Sector
A review commissioned by the U.K. government is proposing far-reaching changes to the country’s audit sector amid concerns about conflicts of interest, the quality of audits and the structure of the industry. The 135-page report by Donald Brydon —the former chairman of various British companies including London Stock Exchange Group …
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