Industry and the regions minister Jacqui Smith firmly ruled out a compulsory list and said she was ‘not convinced that setting out a list that directors may be tempted to run down and tick is the most appropriate way to encourage the engagement that this development is all about’.
Speaking during Commons exchanges on Thursday last week, she said quoted companies will be required to provide a narrative report setting out business objectives, strategy and risks and uncertainties.
Carshalton and Wallington Lib Dem MP Tom Brake called for mandatory performance indicators covering environmental and social performances and impact, and urged these should facilitate comparisons between companies.
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