Tag: BEIS
Sir Alex Chisholm joins BT
The ex-Whitehall mandarin, chair of EDF, has become an independent non-executive director of the BT Group.
When employees become the competition
How might you be affected by a global move towards the banning of employment contract non-compete clauses?
UK government launches the register of overseas entities
Non-UK incorporated companies owning land in England and Wales are now required to disclose information to Companies House.
Governance code reforms will ramp up internal controls
Watchdog ‘lays groundwork for the creation of ARGA’ with planned consultation on audit committee ‘minimum standards’.
FTSE 350 bosses give ‘pitiful’ excuses for failing to hit gender targets
One of the reasons given by FTSE 350 chairs and CEOs for failing to appoint women on to boards is “we have one woman already on the board, so we are done…”
‘Root and branch’ review of FRC launched by government
Business secretary Greg Clark has launched an independent review of the role of accounting watchdog Financial Reporting Council, over concerns that it “lacks teeth”.
Changes to merger thresholds in the UK announced
Rules to strengthen the UK government’s powers to scrutinise takeovers, which could raise national security concerns in specific areas of the economy, have been updated.
UK directors and shareholders face tougher post-insolvency regulation
The UK’s business department wants stronger investigative powers and punishments against directors post-insolvency, while setting a path for more active and responsible shareholder stewardship.
Carillion chairman ‘lacked even a tenuous grasp’ on its position
A failure to gain sponsor support for fundraising just days before last summer’s huge profit warning at Carillion didn’t deter its chairman supporting an “upbeat assessment” of the business.
Share buybacks: a question of governance?
The UK government is investigating share buybacks, but could capital allocation be a subject for more disclosure and the corporate governance code?