SME equity financing made easier
The UK has introduced new rules which are aimed at making it easier for SMEs to raise equity financing a year earlier than originally intended.
With effect from 1st August 2011, companies will be able...
Latest news and views tagged corporate finance
RSSCorporate Governance-Diversity D-Day
Today is the last day for submission of responses to the Financial Reporting Council's consultation paper on whether the UK Corporate Governance Code should be revised to require listed companies to ...
High Court rules on non-solicitation clause
Background
When a buyer purchases a business, it usually wishes to ensure that the seller cannot compete with the business of the target post-sale. We therefore recommend that restrictive covenants...
“Women on Boards” report published
Background
The Government announced in August 2010 that it had asked Lord Davies of Abersoch to develop a strategy to address concerns that there are too few women on the boards of UK listed companies....
Bribery Act on hold
The Ministry of Justice (MoJ) has announced that the implementation of the Bribery Act, which had been due to take place in April 2011, has been delayed whilst guidance on the legislation is written.
The...
Moves to increase the number of female directors on FTSE 100 boards
The Government has been keen to increase the number of women in leadership positions of the United Kingdom’s top 100 companies. However, a recent report by Cranfield University School of Management shows...
Directors safe from company fines under Competition Act 1998 – Safeway Stores Limited & Others v Twigger & Others, Court of Appeal
The Court of Appeal has ruled that, where an undertaking has been fined for a breach of the Competition Act 1998, that undertaking cannot recover the amount of the fine from those directors or employees...
New report published on corporate governance for unlisted EU companies
Earlier this year, the European Confederation of Directors’ Associations and the Institute of Directors published guidance on corporate governance for unlisted companies in the EU. This guidance has...
Government consultation on economic short-termism
The Department for Business, Innovation and Skills has published a consultation document "A Long-Term Focus for Corporate Britain". This is the first step of a government review into economic short-termism...
Chief executive of London Stock Exchange criticises proposed changes
The Government has proposed that the United Kingdom Listing Authority (UKLA) merges with the Financial Reporting Council (FRC). Xavier Rolet, the chief executive of the London Stock Exchange (LSE) has...
