Fund manager Schroders gears up to appoint BAE Systems and Google Ventures heads as non-executive directors December 6, 2016 FTSE-100 listed asset manager Schroders will name Ian King, the chief executive of BAE Systems, and Avid Larizadeh Duggan, a Google Ventures partner, as non-executive directors this week. They could be officially appointed as soon as today, sources told Sky News. Read more: Schroders backs private equity firm's bosses as they fend off hostile bid The group [...]
Miller’s star QC centre stage at Supreme Court arguing June’s referendum does not give ministers power to enact Brexit December 6, 2016 Lord Pannick QC was centre stage yesterday at the Supreme Court, contesting the right of Prime Minister Theresa May to begin Brexit talks without Parliament's approval. Acting on behalf of investment manager Gina Miller – the driving force behind the legal challenge to the government’s right to trigger Article 50 without parliamentary approval – he [...]
Ranked: City law firms with the most staff fleeing to Ireland after the Brexit vote December 6, 2016 It's been revealed there was a huge jump in the number of English solicitors registering to work in Ireland after the Brexit vote – the figure jumped more than 10 times between 2015 and 2016. Yes, according to figures released last night by the Law Society of Ireland, the number of English solicitors registering to [...]
The number of British solicitors registering in Ireland has risen 11-fold since the Brexit vote December 5, 2016 A "tsunami" of British lawyers have flocked to register on the Irish roll of solicitors this year following the UK's vote to leave the EU. By the end of the year, the Law Society of Ireland will welcome a record 1,347 new solicitors to it books, beating the previous record set in 2008 by more [...]
Why businesses should be keeping a close eye on the Supreme Court this week December 5, 2016 The government has begun a landmark Supreme Court appeal against a parliamentary vote on triggering Article 50, which will decide whether MPs should get a vote on taking Britain out of the European Union. An unprecedented number of spectators are expected to keep a close eye on this four-day hearing – indeed, two neighbouring court [...]
Hefty bill from counterfeiting and piracy costs EU £71bn and 790,000 jobs each year December 5, 2016 Counterfeit goods and piracy cost the EU economy a whopping £71bn every year, according to research from the European Union’s intellectual property office. More than 7.4 per cent of sales, totalling £40bn, across nine sectors are lost in the 28-country bloc due to fake products including handbags, toys, pharmaceuticals and alcohol, as well as music [...]
HMRC told to hurry up and produce “tangible results” by Treasury Committee chairman December 5, 2016 A Tory heavy-hitter said workers with life-threatening diseases could miss out on compensation pay-outs because of failings by the taxman and today urged authorities to speed up the process. Victims of occupational diseases can only claim compensation from employers once they have received a full record of their employment. However, tax records are a vital part [...]
Treasury to introduce £1m penalty for breaching financial sanctions December 1, 2016 Those who breach serious financial sanctions could be slapped with a seven figure penalty as of next year. The Treasury's Office of Financial Sanctions Implementation (OFSI) will, from next April, be able to impose penalties of £1m or 50 per cent of the value of the breach, whichever is higher, for such breaches. The UK currently has [...]
KPMG boss Simon Collins won’t be seeking re-election after five year tenure December 1, 2016 KPMG's UK boss will step down in March after five years at the helm of the accountancy giant. Simon Collins told fellow partners of his plans on Thursday and is expected to put his hat in the ring to step up and lead the global network of the firm, according to reports by Sky News. Read more: [...]
Hosting the Christmas party (without the hangover) November 30, 2016 The Christmas party season is upon us again. For many, it is the highlight of the year – an opportunity to celebrate and be rewarded for a year of hard work, and to strengthen relationships with colleagues. But even if you’re not drinking, many employers find the Christmas do an annual headache, with disciplinary issues to [...]