This is despite it being a core issue for the forthcoming Higgs report, due in December, that reviews the role and responsibilities of non-executive directors.
It is believed that ministers do not want to copy the US by introducing tough legislation to curtail corporate excess, but instead will offer guidance on the time a person should realistically spend on a board if they hold multiple directorships.
The government has denied that it will pre-empt the Higgs report and would use all the information available before making such a key decision, according to the Financial Times.
Does Darwin's theory apply to taxation? Colin ponders...
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