According to the Daily Mail, Mellors stood accused, during
presentation of the company’s interim results, of not elucidating on whether the
loss of £31m, on the back of currency deal to buy US dollars, could have been
Sports Direct, its FD and its eccentric CEO Mike Ashley have been under
attack all year from the City and analysts standing accused of failing to make
themselves available for meetings and failing to explain the company’s strategy.
Yesterday Sports Direct revealed a 32% decline in first-half profits before
tax to £52m. Ashley blamed the poor performance on three ‘train wrecks’ – summer
rain, slow Christmas trading and England’s poorly performing football team. The
currency problem came on top of the company’s triumvirate of difficulties.
For more got to
Steve Butler of Punter Southall Aspire highlights the importance of pension governance meetings to protect against mistakes and safeguard company reputation
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks