News
Shareholders, 14 March, 2018
Goldman Sachs criticises Hong Kong’s dual class share limit
Goldman Sachs’ chief executive suggests Hong Kong’s proposed limit on dual class share ownership could fail to provide a competitive advantage.
Lady Judge misconduct investigation, 14 March, 2018
Former easyJet CFO takes IoD chair during Lady Judge case
Former easyJet CFO Chris Walton steps up to interim chairman at the IoD, as it looks to move on following an investigation into chairwoman Lady Barbara Judge.
Reverse factoring, 14 March, 2018
Carillion collapse reveals gaps in supply chain accounting
Moody’s says Carillion’s accounting treatment of supply chain finance failed to reveal the true extent of money owed to banks.
Corporate reporting, 14 March, 2018
Belgian business groups publish guide on non-financial reporting law
A group of Belgian stakeholders have put together guidelines to help business leaders implement a law introduced last year on non-financial reporting.
Diversity & remuneration, 13 March, 2018
Hiscox reports an average gender pay gap of 31%
Insurer Hiscox reveals gender pay gap, but says it aims to be inclusive, and pledges “lasting changes” to tackle the issue.
Executive remuneration, 13 March, 2018
ING banking group scraps pay rise for CEO after public outcry
Dutch banking group ING has withdrawn plans to give its chief executive a 50% pay rise because of opposition from customers, employees and other stakeholders.
Remuneration, 13 March, 2018
General Electric’s former CEO took big fall in pay prior to departure
Jeff Immelt, former chief executive and chairman of General Electric, took a substantial fall in pay as the company adjusted his remuneration package.
Brexit deal, 12 March, 2018
Certainty on Brexit transition preferred over ambitious deal, say businesses
UK businesses would prefer a Brexit deal to be sealed sooner, even if it means agreeing less ambitious terms, according to a survey by KPMG.
Financial technology, 12 March, 2018
EU launches fintech action plan to support business
The European Commission has introduced a financial technology (fintech) action plan in a bid to become a centre of innovation for new technologies.
Gender pay gap, 12 March, 2018
Top paid jobs dominated by men fourfold, HMRC reveals
Figures from the tax office show that men represent four times the number of women in the highest-paid jobs, including those that pay £100,000 or more, as well as roles that command salaries above £1m.