Businesses struggle to keep pace with compliance burden

Businesses are struggling to keep pace with the growing burden of compliance, according to a Thompson Reuters study.

Most organisations (73 per cent) said they expected the volume of regulatory change to increase over the next twelve months Read more

UK businesses drag feet on climate preparations

Just over half (51%) of the UK’s businesses said it was the responsibility of government to ensure that organisations successfully adapt to the challenges of climate change – compared with only 15% that believed responsibility lies with their organisations. 

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Multinationals cut office space as post-pandemic habits bed in

About half of all multinational companies said they planned to reduce office space over the next three years, according to a survey by real estate companies Frank Knight and Cresa.

The largest number of global businesses (those with Read more

Carmakers face 10 per cent tariff hit over Brexit supply chain rules

European car manufacturers have warned the UK government to renegotiate its Brexit arrangements with Europe or risk losing thousands of jobs in the UK.

In May, the world’s third largest carmaker Stellantis (which owns brands such as Citroen, Peugeot Read more

UK business ethics codes lack clarity

While 90% of UK FTSE 100-listed companies have a publicly available code of ethics, those codes lack clarity in many cases, according to the Institute of Business Ethics (IBE).

The body rated 57% of ethics codes published by FTSE Read more

Lagging productivity needs better focus of investment

UK productivity slowed during the 2008-2009 global recession and continues to lag, according to a report by the UK Parliament. While UK productivity trended around 2 per cent up until that time, it has since declined to around Read more

AI: Friend or Foe?

Artificial Intelligence (AI) is a rapidly evolving technology that has found its way into various aspects of modern life, including but not limited to business, healthcare, education, and entertainment. As AI technology continues to evolve, it is becoming increasingly Read more

Tax risk puts focus on governance

Tax risk is rising in the wake of last year’s agreement by G20 countries and the OECD to adopt a minimum corporate tax rate of 15 per cent for global businesses. 

The agreement is known as Pillar 2 of Read more