B&M ousts finance chief as it warns again on profits after £7m accounts error

Discount retailer looks for successor for Mike Schmidt, who is stepping down as chief financial officerBusiness live – latest updatesThe discount retailer B&M has ousted its finance chief after reporting a £7m accounts blunder that will cut its annual earnings – its second profit warning within two weeks.The company told investors it looking for a successor to Mike Schmidt, who is stepping down as chief financial officer, after the accounting error. Continue reading...