Treasury coffers are reaping the rewards of foreign bribery fines December 7, 2023 Over the past year something extraordinary has happened. The governments of countries in the Global South where British multinationals paid bribes and faced penalties in the UK have started demanding a fairer share of the huge criminal fines that have up to now gone to the UK Treasury. Since 2014 the Serious Fraud Office has [...]
Why include education in your corporate social impact strategy? December 6, 2023 In my years of helping businesses shape and evaluate community education programmes, I’ve noticed more and more organisations starting to see education not only as a means to create social impact but as a multi-faceted benefit to their business. Education programmes for the community are now seen as a means to engage employees in company [...]
Entain’s £585m fine shows flourishing ‘maturity’ of Crown Prosecution Service December 6, 2023 Corporations need to be wise to the fact that a deferred prosecution agreement (DPA) can come from all prosecuting bodies, not just the Serious Fraud Office (SFO), warns lawyer. News broke that the company behind Coral and Ladbrokes will pay £585m after a probe into alleged bribery at a former Turkish subsidiary. The DPA action [...]
New BBC chair to be appointed amid licensing fee battle with government December 6, 2023 The BBC is reportedly set to appoint a British television and radio executive as chair as it faces an uphill battle with its licensing fee.
NHS delays have created Britain’s newest boom industry: private healthcare December 6, 2023 The number of private healthcare treatments shot up again in the first half of the year, driven by NHS waiting lists getting longer
Global asset manager Brown Advisory hires ex-Chatham House chief to board December 6, 2023 Sir Robin Niblett will also be joined by Sian Westerman and Jasmine Whitbread on the $135bn manager’s International Advisory Board.
Bank of England: Economy resilient but full force of interest rates yet to come December 6, 2023 UK firms have shrugged off the worst of a rapid interest rate tightening cycle this year but the full force of hikes is yet to filter through to businesses, the Bank of England warned today.
Rupert Soames the right man for CBI mission December 6, 2023 Rupert Soames has been appointed the new president of the CBI - and he's the right person for the job in almost every way
Airlines slapped down by ads watchdog over greenwashing claims December 6, 2023 Adverts for Air France, Lufthansa and Etihad have been banned for giving consumers a misleading impression of the airlines’ environmental credentials. The Google ads, all seen in July, stated that Air France was “committed to protecting the environment” and urged consumers to “travel better and sustainably”, while Lufthansa suggested that its customers would “Fly more [...]
The Notebook: Christine Braamskamp on avoiding festive fallouts this party season December 6, 2023 Christine Braamskamp, Jenner & Block London office managing partner, talks Christmas parties, festive fallouts and best of lists.