Anti-corruption lobby group Corner House was set to launch a judicial review challenging the decision to ease controls stipulated by the Export Credits Guarantee Department when the DTI brokered a last-minute deal and promised to re-examine the changes.
Airbus, BAE Systems and Rolls-Royce had persuaded government to ease the original regulations, arguing that they would jeopardise a number of lucrative contracts.
The move from Corner House, however, has put the regulations back on the agenda and left business uncertain as to whether it will have to submit to the initial controls after all.
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements
Charles Tilley's departure from CIMA leaves the accounting world quieter, but his institute with an exciting foundation