FT 11/10/18 | Vox Markets

FT 11/10/18

Tesco (TSCO) chief ‘shocked’ by 2014 accounting practices. Dave Lewis takes stand at trial of two former senior managers accused of fraud and false accounting

Lombard – Patisserie Holdings (CAKE) accounts leave boss with egg on his face. Café chain uncovers ‘potentially fraudulent, accounting irregularities’

Lex – Pagegroup (PAGE): nice job. Recruitment company’s broad footprint helps it counter Brexit caution in UK

HMRC files winding up petition against Patisserie Holdings (CAKE). Fresh revelation comes hours after board suspends CFO and discloses ‘potentially fraudulent’ practices

BP (BP.) boss says divestments threaten energy security. Bob Dudley warns oil and gas still crucial for meeting future energy demand

Fevertree Drinks (FEVR) shares dip as investors sour on tonic-maker

Pagegroup (PAGE) expects full-year profits to beat forecasts. Recruiter generates profit growth thanks to brisk business outside UK.

Aviva (AV.) chief pays price for muddled message. Mark Wilson was ousted after a strategic rift widened between him and his board

TUI AG Reg Shs (DI) (TUI) airline boss criticises engine manufacturers. Burling says they contributed to worst European flight delays on record this summer

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Mentioned in this post

AV.
Aviva
CAKE
Patisserie Holdings
FEVR
Fevertree Drinks
PAGE
Pagegroup
TSCO
Tesco
TUI
TUI AG Reg Shs (DI)