The Brexit timetable causes ructions, cannabis is legalised in Canada, Japan’s bitcoin is stung for security, and Italy sparks outrage among the Left.
Company — Airbus
It’s not the first business to express concern with the Brexit timetable but Airbus made front-page news when it made plain its frustrations. “We’ve come to the point where we have to make serious decisions. We can’t continue with the current vacuum in terms of clarity,” chief operating officer Tom Williams said on BBC Radio 4’s Today programme in June, as he answered question about threats to depart the UK because of Brexit. It was a crystal-clear warning to the UK government that negotiations with the EU should make more speedy progress.
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
The UK’s comply-or-explain system of corporate governance, introduced in 1992, has been widely admired and imitated, but it's not without its critics; there is room for improvement, while retaining the Code's spirit of flexibility.