Read our round-up of the week’s latest (and most interesting) business and finance news…
WeWork leaders have warned staff to expect major job cuts after a shake-up at the struggling co-working company.
A former boss of Thomas Cook, who presided over a major expansion, has denied saddling the firm with a debt pile that ultimately killed the business.
The big four audit firm KPMG has entered exclusive talks to sell its pensions advisory unit to a buyout firm as it reshapes its business amid growing pressure on the profession.
An American insurance group is to start a new business at Lloyd’s of London, writing as much as $1billion in annual premiums in what would be the biggest syndicate on record to launch on the market.
Companies are falling short of investors’ expectations for clearer disclosures on climate-related risks, the Financial Reporting Council (FRC) warned yesterday.