French prosecutors have received a report from financial investigators which
sharply criticise the French media and communications giant
Universal‘s accounting practices under former CEO Jean-Marie Messiere,
The report, which accuses Vivendi of ‘aggressive’ bookkeeping involving
‘sophisticated legal and financial engineering’ has been turned over to
financial prosecutors Henri Pons and Jean-Marie d’Huy.
Messier, forced to leave Vivendi in 2002, was fined €1m by the French stock
market regulator in 2005 for having failed to properly inform the market and
shareholders between 2000 and 2002.
The fine was reduced to €500,000 on appeal and a €1m fine for Vivendi was
reduced to €300,000.
Speaking in the House of Commons minutes after triggering Article 50, prime minister Theresa May said that it was a 'historic moment from which there can be no turning back'
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals