The deputy executive chairman of Sports Direct Mike Ashley has branded City
doom-mongers as ‘cry babies’ in response to their views of his company.
In an interview with the
Times, the publicity-shy billionaire said: ‘I’ve got balls of steel. Some
investors have been great and have been really supportive. But some of these
City people act like a bunch of cry babies.’
Sports Direct’s corporate governance came in for criticism as its top
executives have appeared to avoid the glare of public scrutiny despite calls
from the analyst sector.
Finance boss Bob Mellors was described as the ‘no-show FD’ by one
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live