London-based speciality satellite operator Avanti Communications is reportedly about to repay $150 million (€132.2m) of its outstanding debt obligations. Details are scarce but it is known that the company has a debt payment deadline of February 28th. The company has been slow in releasing financial trading data. The most recent statement covered the six months […]
The BBC has revealed plans for what it describes as “its biggest transformation in decades, which will move power and decision-making across the UK”. Over the next six years, the broadcaster will shift its creative and journalistic centre away from London. Proposals set out in the BBC’s blueprint for the future entitled The BBC Across […]
The devastating impacts of the Covid-19 pandemic are clearly reflected by the financial performance indicators of the champions of Europe’s six prominent leagues in the past season, according to The European Champions Report 2021 from consultancy firm KPMG’s Football Benchmark team. All six champions scrutinised in the report have now recorded a decrease in their […]
The external auditor of BT has issued an “adverse opinion” on the company’s internal financial reporting controls. KPMG wrote that “BT did not maintain effective internal control over financial reporting as of March 31, 2020 (19-20 FY) because of . . . material weaknesses related to general IT controls and risk assessments”. Rachel Canham, company […]