Archive for accounting

Serious Fraud Office budget figures are wrong by billions of pounds

They are the financial crimefighters charged with seeking out corruption and bringing fraudsters to justice. But the Serious Fraud Office has managed to engage in some suspect accounting of its own after mistakenly claiming its budget for the last year was £51.5bn instead of £51.5m in its annual report published today.

Cattles sacks seven directors after review

Cattles the struggling subprime lender has sacked seven directors and let the chief executive go after a review into a “breakdown of internal controls”.