Keep up to date with the latest finance and accountancy news in our weekly round-up…

 

Sajid Javid could block Hong Kong bid for London Stock Exchange

Chancellor Sajid Javid is set to decide on whether or not to block a £32bn bid from Hong Kong for the London Stock Exchange as a government intervention appears imminent.

Sir Philip Green’s Topshop reports £500m loss

Sir Philip Green’s Topshop and Topman fashion chains suffered an almost £500m net loss last year, amid tumbling sales and a raft of one-off charges.

Capita increases pay for almost 6000 workers to real living wage

Capita is working towards full accreditation with the Living Wage Foundation by reviewing plans to extend the policy to regular sub-contracted staff.

KPMG has 50% women on board

KPMG has become the first of the Big Four firms to achieve gender parity on its UK board with the election of two more women members.

Deloitte sees global revenue to grow $46.2bn

Deloitte reported its 10th consecutive year of growth Tuesday, with global revenue reaching $46.2billion, a 9% increase in local currency terms and a $3 billion increase over the previous fiscal year.

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