Mouchel chief executive resigns

The chief executive of support services group Mouchel, Richard Cuthbert,resigns as the company announced a £4.3m financial error.

By Jamie Hailstone | 06 October 2011

The chief executive of support services group Mouchel, Richard Cuthbert, has resigned as the company announced a £4.3m financial error.

Shares in the local government contractor have plummeted by more than 40% this morning after the firm announced that a one-off gain it was expecting will be smaller than hoped.

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Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Turning challenges into opportunities
  4. Frugal authorities may be left exposed to more cuts
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