News
FRC governance and process, 30 November, 2017
FRC: We should have moved more quickly on KPMG/HBOS audit inquiry
Accountancy’s watchdog tells Treasury Select Committee it should have been more proactive in delving into KPMG’s audit work of HBOS—but lessons have been learned.
Holiday pay regulation, 29 November, 2017
Landmark ruling on holiday pay could prove costly for business
Workers who are wrongly classified as self-employed contractors can claim back pay in respect of unpaid annual leave going back many years when their “worker” status is established, the European Court of Justice (ECJ) has ruled.
Leadership, 29 November, 2017
London Stock Exchange struck by leadership crisis after CEO quits
Xavier Rolet’s immediate departure from the London Stock Exchange Group, and news that its chairman will not stand for re-election, deepens its clash with investors over governance.
Sustainability, 28 November, 2017
Investment consultants warned of climate change risks
Pressure group ClientEarth warns investment consultants that they could be running legal risks if they fail to properly integrate climate change risk into their advice.
Brexit negotiations, 27 November, 2017
Business needs a Brexit Christmas gift, says IoD
Institute of Directors says businesses can only wait until March 2018 before making critical structural decisions to deal with Brexit.
Government policy, 27 November, 2017
Industrial strategy calls for improved reporting of capital allocation
Better reporting is needed to support “long-term” investment, says the UK government, but it is criticised for failing to mention human capital in its long-anticipated Industrial Strategy.
Rio Tinto succession planning, 27 November, 2017
Investor ire sees Sir Mick Davis’s Rio Tinto chairmanship plan shelved
Rio Tinto backtracks on plan to appoint Sir Mick Davis as chairman, after an influential group representing a large tranche of shareholders expresses concern.
Climate change, 27 November, 2017
Every board has a role in the transition to a low-carbon economy
Climate change has placed a premium on moving to sustainable business models and a low-carbon economy. The task will need “positivity of purpose“ and “informed assessment“ of climate risks, writes Tom Delay of the Carbon Trust.
Risk, 24 November, 2017
Investors seek more ‘comprehensive information’ on risks
Financial Reporting Lab reveals that risk reporting has improved but investors want to know whether disclosed risks are general or “specific” to the company.
Pre-IPO board appointment, 23 November, 2017
Olisa lined up for Interswitch; Whitman to leave Hewlett Packard Enterprise
Ken Olisa is set to lead African digital payments firm Interswitch, as it allegedly considers an IPO, while Meg Whitman is to leave HPE after six years.