CorpNordic is very pleased to announce the recruitment of Josefin Lindstrand as head of CorpNordic Sweden’s new business area for compliance services. Josefin joins CorpNordic from Citi where she has worked for eight years, her latest position being as legal counsel for Sweden, Norway and Finland and as member of the Nordic Management Team. She […]
Nearly half (46 per cent) of adults who bought goods online in the last two years experienced problems with their orders, according to Which? research. The most common problems were: Late deliveries (19 per cent) Faulty or damaged goods (13 per cent) Goods failing to arrive (12 per cent). The survey of over 2,000 UK […]
Pension providers will have to do more to help retirees turn their pension savings into a retirement income, under reforms announced by the Association of British Insurers (ABI). The pensions industry will introduce a minimum standard for customers to ensure that people understand their options at retirement and have the opportunity to shop around for […]
Retail sales fell one per cent last month when compared to February 2013, the British Retail Consortium (BRC) has announced. Total sales growth in February 2014 slowed to 0.7 per cent after a strong January which saw record numbers for sales growth. This is in contrast to the 4.4 per cent increase in February 2013. […]
A three per cent rise in the national minimum wage (NMW) has been recommended by the Low Pay Commission (LPC). If the Government accepts the proposal, the NMW for adults will increase from £6.31 to £6.50 on 1 October 2014. It would be the first increase in real terms since 2008. The LPC also recommends […]
The Business, Innovation and Skills Committee has concluded that the current business rates system is “not fit for purpose” and urged the Government to address its “fundamental flaws”. A report by the committee of MPs calls for a “wholesale review” of business rates to investigate whether retail taxes should be based on sales rather than […]
Part-time childcare costs for a family of two children are 4.7 per cent higher than the average UK mortgage bill, according to research by the Family and Childcare Trust. The annual childcare costs report shows that the cost for one child in part-time nursery care and one in an after school club is £7,549 year. […]
Another Milestone For Foreign Seated Arbitration The Hon’ble Supreme Court of India paves further impediment to foreign seated arbitration by clarifying that the plea of fraud cannot operate as a bar to foreign seated arbitration. The Supreme Court in its earlier decision of N. Radhakrishnan v. Masestro Engineers &Ors1 (Masestro) had taken a view that where […]
The economic recovery is “not yet secure and our economy is still too unbalanced”, according to Chancellor George Osborne. In a speech to business leaders in Hong Kong, Osborne outlined the changes the UK needs to make to secure the recovery. Key points from Osborne’s speech: The UK cannot rely on consumers to drive economic […]
The British Business Bank will invest £40 million to support peer-to-peer lending to small and medium-sized businesses (SMEs). The investment in the peer-to-peer lender Funding Circle will start on 1 March 2014 and is predicted to support around £450 million of lending over the next 18 months. Under the agreement, the state-owned bank will fund […]
Politicians have opened an inquiry into bank lending to small and medium-sized business (SMEs). The Treasury Select Committee (TSC) investigation will focus on access to finance for businesses, competition in the sector and the treatment of SMEs by banks. The first session will take place on Tuesday 25 February 2014. Evidence will come from Priyan […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce K. Rukoomani of S C Mohan & Associates. K. Rukoomani has joined IR as our exclusive Company Formations Member in Singapore. K. Rukoomani(MBA – University of Sunderland) is a company secretary, who has over 15 years’ experience in corporate secretarial practice […]