Business

An investigation into the accounting software the Post Office used before its controversial Horizon system has begun contacting sub-postmasters and is due to report its findings in the autumn, it has been announced. Risk advisory and financial solutions company Kroll has been appointed to conduct an independent, forensic investigation into the system called Capture which
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It is impossible to overstate the significance of British tech entrepreneur Mike Lynch’s acquittal by a San Francisco jury. Dr Lynch, the founder and former chief executive of Autonomy, was cleared on Thursday night of criminal charges that he fraudulently inflated the FTSE-100 software company’s revenues prior to its $11bn takeover in 2011 by Hewlett-Packard.
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The commitments offered by the Czech tycoon seeking to buy Royal Mail’s parent firm do not go far enough, according to the union leader representing its 112,000 UK frontline workers. Communication Workers Union (CWU) general secretary Dave Ward made his remarks following talks with representatives of Daniel Kretinsky’s EP Group. International Distribution Services (IDS) revealed
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