The UK Corporate Governance Code, published by the FRC in July 2018, applies to all companies with a premium listing of equity shares in the UK. Specifically, the requirement is for these companies to report in their annual report and accounts on how they have applied the Code.
Published: 2 February 2019
Our industry has grown far quicker than other sectors, but we must be careful we support the continued professional development of our teams, otherwise, companies risk stemming the growth that has seen us become such an attractive industry.
Published: 5 January 2019
With it being Halloween today, we’re not thinking about fancy dress or fake blood. This year, we’re more concerned with getting a handle on those things which businesses fear. According to recent research, 76% of SME owners are losing sleep over the state of their business. Amongst the top concerns for businesses are finance, work-life balance and legal compliance.
Published: 1 November 2018
Some businesses declared spending up to 90 per cent of turnover on rents, salaries and other overhead costs. There are 1 million microbusinesses across London, which make up 96 per cent of companies in London. They generated £277.3 billion of turnover last year and created at least 282,000 jobs in the last five years.
Published: 23 October 2018
Mike Ashely – Chief Executive of Sports Direct - recently complained that the company faced ‘disproportionate scrutiny and misrepresentation’. The statement to the stock market went on to identify independent ‘shareholders’ along with ‘pressure from the media and certain other organisations’ as the main culprits currently provoking his corporate governance supervision ire.
Published: 23 September 2018
More than half (58%) of UK candidates say that a negative experience makes them less likely to buy a company’s products or services. This is according to ManpowerGroup Solutions’ 2018 Candidate Preference Survey of more than 700 candidates in the UK. The report calls for equal energy and resources to be spent on the candidate experience as on the consumer experience.
Published: 3 September 2018
Unite, the UK’s largest union, is calling for an urgent review of the fees, major accountancy firms can charge when a company falls into administration, after it was revealed today (16 August) that following Carillion’s collapse staff at accountancy giant PwC charged on average £356 a hour for their services.
Published: 18 August 2018
More than 133,000 businesses are still waiting for an appeal of their business rates valuation from 2010 to be resolved, council leaders reveal. More than 1 million businesses have challenged their business rates bill since 2010. The Local Government Association said figures published this month show 133,060 appeals have still yet to be ruled on.
Published: 13 June 2018