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February 2023

INVESTIGATION LAUNCHED INTO FAILED SHOPPING CENTRE GROUP AUDIT

Accountancy watchdog the Financial Reporting Council has launched an investigation into big four firm PwC’s auditing of shopping centre and leisure group Intu Properties plc. The audit and accountancy regulator will look at PwC’s handling of Intu’s 2017 and 2018 accounts, a period before the firm’s collapse into administration. Following a drop in rents brought […]

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WINNERS OF THE WELSH WEDDING AWARDS REVEALED

Top wedding specialists gathered yesterday, at The Mercure Cardiff Holland House Hotel & Spa to celebrate the champions of The 5 th  Welsh Wedding Awards 2023. The 2023 Awards recognised exceptional specialists and suppliers that go above and beyond to ensure the uniqueness of every wedding. These suppliers are from a variety of industries and

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DUNELM SEES PROFITS DROP AS INFLATION CONTINUES

Profits at Leicestershire headquartered homewares giant Dunelm dropped by a sixth in the second half of last year, partly due to inflationary pressures. The business reported pre-tax profits of £117.4 million for the half year, down from £140.8 million a year before. That came despite its sales rising 5 per cent to £835 for the

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AFBE-UK STRENGTHENS LEADERSHIP TEAM WITH KEY APPOINTMENTS

Dr Ollie Folayan MBE (L) and Dr Roy Bitrus (R), co-chairs of AFBE-UK Scotland Diversity and inclusion organisation AFBE-UK has appointed two new co-chairs. Dr Awai Collins-Harrison becomes AFBE-UK England’s co-chair alongside national chair, Dr Nike Folayan, while Dr Roy Bitrus becomes AFBE-UK Scotland’s co-chair alongside chair, Dr Ollie Folayan.  AFBE-UK supports young people, particularly

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SHOPPING CENTRE HIRES NEW MANAGER TO OVERSEE DEVELOPMENT

Five Valleys shopping centre in Gloucestershire has appointed a new manager to oversee its final phases of redevelopment. Jack Simpson (pictured above) will head up the operations team at the complex in Stroud town centre, which developer Dransfield Properties has invested £30 million in regenerating. Cheltenham-based Mr Simpson, who has eight years experience of managing

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SCOTTISH HOSPITALITY SECTOR RESPONDS TO NEW GOVERNMENT RULES

The Scottish Government has announced that hospitality businesses will be able to place tables and chairs outside their premises without a planning application. They have also backed the relaxation of planning rules for conversions of certain premises into some hospitality venues. Business leaders have welcomed the relaxation of the rules, which is likely to be

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CONFIDENCE IN RECYCLED AGGREGATES GROWS ACCORDING TO NEW EVIDENCE

Alex Brewster (L) & Scott Brewster (R) Resource management company, Brewster Brothers, has put forward new evidence of the growing confidence in recycled aggregates. Brewster Brothers operates one of the largest closed-loop wash plants in the UK. Over the past four years, the company has diverted over 1 million tonnes of construction, demolition and excavation

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