MyTravel has been fined £240,000 for leaving £24.3m of losses out of its
The FSA issued the fine yesterday, finding the company guilty of breaching
the listing rules in the publication of price sensitive information.
The watchdog added that the breach had not been a deliberate breach of the
The inaccuracies in MyTravel’s accounts came to light in 2002. Reports suggest
the chief executive and finance director at the time decided not to tell
shareholders about the losses when they emerged as they expected to make other
non-recurring gains that would offset the losses.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements