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...Senior industry professionals say they are worried about the growing involvement of overseas reinsurance firms operating outside UK regulation in corporate pension deals....
...Anna Jones, the former boss of media group Hearst in the UK, was among the internal candidates to replace Hugh, if he stands down, the people said....
...“The board decided that when Bernard gave assurances around his past relationships with colleagues, he had given in inaccurate and incomplete information and knowingly misled the board” it said in the internal...
...The government is pushing ahead with a controversial proposal to expand the role of the UK’s pension lifeboat fund as it looks for ways to unlock billions of pounds of retirement fund capital to boost economic...
...Axa’s health premiums fell 7 per cent in 2023, as two contracts with large corporate clients in France were not renewed, the company said....
...The rise of corporate emissions goal-setting and disclosure has been a hugely important development over the past decade....
...PS MeierWorcestershire, UK...
...Rishi Sunak has named 15 company bosses as advisers on his business council in 2024, as the battle with Labour leader Sir Keir Starmer to strengthen relations with the corporate world in election year heats...
...The group added that there were “no assurances” that the review would result in a transaction....
...This decision has a certain irony, since the resulting fall in carbon permit prices has weakened corporate incentives to decarbonise....
...UK MPs warned of threat of China cyber attacks: Britain’s MPs will today be put on alert to the threat of cyber attacks by Beijing ahead of this year’s general election, after a number of China hawks were...
...One well-known plaintiffs lawyer sent DD’s Sujeet Indap an activist settlement struck this week between Advance Auto Parts and Third Point, which had a one-sentence legal drafting solution to the ostensibly...
...Katie Sims, head of alternative solutions at consultancy WTW, said there were a few big opportunistic buyers in the secondary market putting in bids for some assets at discounts of 30 to 40 per cent....
...Alongside his corporate life, Rothschild was a noted philanthropist and patron of the arts, leading several cultural institutions and personally financing architectural restoration projects across the UK...
...Later today we’ll be watching for a vote on the Corporate Sustainability Due Diligence Directive, which would require companies to identify any environmental and social harms in their supply chains....
...“Following careful consideration, the board has concluded that, in providing inaccurate and incomplete assurances in July 2022, Mr Looney knowingly misled the board,” BP said in Wednesday’s statement....
...Drechsler he insisted “we are not looking for a systemic solution on pay”....
...Meanwhile, Thai conglomerate Central Group, which controls rival Selfridges, had to offer assurances in November that it was a financially stable custodian after its Austrian partner Signa was hit by a financial...
...of solutions trading at Schroders....
...According to Kath Barrow, EY’s UK and Ireland assurance managing partner, the new system detected suspicious activity at two of the first 10 companies checked....
...Given past chopping and changing of corporate taxation, that hardly seems likely....
...Revenues in the consulting division increased by 18 per cent, while audit and assurance rose 17 per cent, and the strategy and transactions department grew by 8 per cent....
...While businesses can claim corporate tax deductions for legitimate business expenses, costs related to penalties or fines are not generally tax deductible....
...“The campaign that the government has undertaken is not simply to eradicate corruption,” said Darren Tay, head of Asia country risk at BMI, a unit of Fitch Solutions....
...management and economic disciplines) share a common feeling of dismay regarding the structural liquidation of the UK corporate sector....
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