Other storiesFTSE100 fights back against Higgs
Chancellor Gordon Brown said ministers will seek to adopt the changes recommended by the Higgs report in defiance of the wishes of 80% of Britain’s largest companies, who oppose the changes.
The extent of the opposition was revealed yesterday through a survey by the Confederation of British Industry. It showed most companies are against the ban on their chairmen heading up the nominations committes and oppose the propsal that would force senior non-executives to hold regular meetings with shareholders.
Recommendations in the Higgs report on non executive directors and the Smith report on audit committees are due to come into effect in 1 July this year.
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