Private equity firms urge UK to rethink carried interest tax change
Blackstone, KKR and EQT among buyout groups raising concerns over government reforms
Blackstone, KKR and EQT among buyout groups raising concerns over government reforms
Shareholders claim audit firm helped hide difficulties at South Carolina power project
Plus, private equity groups push to change part of the UK’s proposed carried interest tax and British conglomerate Jardine Matheson begins a new era
Estate management company increased provision by £337mn after discovering new faults
Thefts have cast a shadow over an industry already under scrutiny
Andrey_Popov/ShutterstockFor Paul, a finance administrator, things came to a head when his report mistakenly included £7,000,000 of costs rather than £700,000. Fearing accusations of fraud, Paul disclosed his recent dementia diagnosis to his boss.
Six weeks of sick leave became six months, and then a stepping stone to early retirement. Several years later, Paul regrets his unwanted unemployment, but at the time there didn’t seem to be an alternative.
PRA censures former chief investment officer for failings while on the board of Sanjeev Gupta’s lender
Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023
An ECM Cinderella story
US firm is latest crypto group to try to take advantage of more favourable environment towards industry under Trump