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expenses

  • Bidvest directors suffer shareholder revolt over $59,000 Olympics expenses claim

    Sport Business

    Three directors of Bidvest Group Ltd, South Africa’s largest conglomerate, have suffered a shareholder revolt over $59,000 of expenses they claimed for attending the Paris 2024 Olympics. The international services, trading and distribution company noted in a stock exchange statement this week that shareholders had rejected calls to reimburse the chairman and two non-executive directors [...]

    Getty Images logo with a focus on number 2166067754, showcasing the brands iconic design and photography influence.
  • Crinkled paper to fake logos: Businesses face surge in expense scams

    Business

    Businesses are experiencing a sharp rise in fraudulent attempts at expenses, as AI has made it easier to replicate receipts. Over the last three months, Google searches for ‘AI receipts’ have soared by 340 per cent, as employees look to take advantage of AI-generated capabilities to submit fake expenses. A recent study by SAP Concur [...]

    Business professionals engaged in a meeting at a sleek, modern office with large windows and a cityscape view in the backg...
  • Government asks MP watchdog to review expenses rules

    Politics

    Ministers will ask a Parliamentary watchdog to review some expenses claims after a Labour MP was able to claim £900 from the taxpayer in “pet rent”. Security minister Dan Jarvis insisted his colleague Taiwo Owatemi, a Government whip and the MP for Coventry North West, followed the rules when she made the expenses claim in [...]

    The UK government has been urged to introduce a new investor visa for wealthy foreign nationals to boost the UK economy.
  • Rachel Reeves ‘investigated over expenses’ in HBOS banking job

    February 13, 2025

    Rachel Reeves was investigated over her use of expenses while working in a banking job before becoming an MP. The Chancellor, alongside two colleagues, was subject to an internal probe into expenses claims, while she was a senior manager at Halifax Bank of Scotland (HBOS) in the late 2000s, the BBC has revealed. Reeves is [...]

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