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FRC announces delay on Carillion first-stage report

UK audit watchdog, the Financial Reporting Council (FRC) has announced the first stage of its investigation into the financial statements of collapsed British multinational facilities management and construction services firm, Carillion, is now expected to be completed by the summer ...

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Sodexo reports on revenues for the first quarter of Fiscal 2020

Support services firm, Sodexo, has reported revenue growth as “solid” for the first quarter of Fiscal 2020. Consolidated revenues in the first quarter totalled €6.1 billion, up +7.1% year-on-year, with organic revenue growth at 3.8%, which Sodexo says is “in ...

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Preparing for changes to business rates

The biggest changes to business rates for a generation are set to arrive in spring, with London expected to bear the brunt of the increases. What are FMs doing to prepare for these changes? Could this prompt a move out ...

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