Management & Execution
Direct taxation affected
Under scrutiny will be the UK exit tax charges; and the UKs controlled foreign companys legislation. The EC is looking at ways of reducing complia...
Finance professionals and the Bribery Bill
The Bribery Bill, which is likely to become The Bribery Act 2010, will become a significant piece of legislation for anyone who does business with the...
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more