• we cover more than 1,000 news per day, in 2 languages, and 83,000 stocks
Light Dark
it
italian it
english en

Business secretary urged to refer Vodafone to Covid corruption commissioner

www.theguardian.com 07-01-2025 06:00 1 Minutes reading

Legal claim alleged telecoms group benefited from government support intended for small businesses

The business secretary, Jonathan Reynolds, has been asked to refer Vodafone to the Covid corruption commissioner, after a legal claim alleged the £18bn telecoms group benefited from government pandemic support intended for small businesses.

The request to examine the conduct of the FTSE 100 company follows last month’s high court claim by current and former Vodafone franchisees, which alleged the company “unjustly enriched” itself at the expense of scores of vulnerable small business owners who were running the group’s high street stores.

Continue reading...

Info

Related news
Rolls-Royce to invest £300m in expansion of Goodwo...
08.01.25 12:01
by theguardian.com

Rolls-Royce to invest £300m in expansion of Goodwood factory

Luxury carmaker driven to meet demand for bespoke upgrades, after recording third-highest annual sales in 2024

Rolls-Royce Motor Cars has said it will invest £300m in expanding its Goodwood factory in West Sussex to meet the growing demand for bespoke upgrades, after the luxury carmaker recorded its third-highest annual sales in 2024.

The investment will extend the luxury carmaker’s manufacturing facility as it gradually moves away from V12 petrol engines to battery electric vehicles, as well as increasing its capacity to fulfil the whims of some of the world’s richest people.

Continue reading...

Sentiment
0.55
Bearish/Bullish
100