Business has warned that a last-minute change to the
bill means businesses will be forced to disclose confidential information on
employees, and commercially-sensitive details of licensing agreements and joint
Leading business leaders are to meet industry minister
Hodge next Monday to ‘demand some answers’ on the last-minute change
introduced by government last week, just before the bill could be rushed through
parliament, the Financial Times reported.
Although the new measure is designed to force businesses to disclose
information about their supply chains, the
of British Industries and Institute of Directors warned that the wording is
so vague, it could force companies to reveal information that may be potentially
commercially and legally sensitive.
The DTI has said it will be happy to talk to business about its concerns.
UK senior partner Phil Verity has been elected for a second term at Mazars
Tallat Mahmood appointed to corporate finance team of Top 20 firm
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes