Link: Fullager’s comments
In a letter written to the FT he offered a stinging rebuke to comments made by Paul G. Fullager, a senior non-exec at two Techmark 100 companies, who, earlier this week, claimed the recommendations would drain boardroom talent in the UK and damage shareholder wealth.
But Tilley denied this was the case, saying that the ‘regular review of UK governance’ was the reason standards had been consistently improved, while maintaining their ‘principles basis’.
‘These reviews mean that the UK now has a governance structure that is the envy of the world and has so far avoided the big scandals we have seen recently in the US,’ he added.
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