Category: Corporate governance

Ban corporate donations to UK political parties to protect elections, says thinktank

CenTax warns bill under debate in parliament has ‘easily exploitable’ loopholes and will not prevent foreign interferencePolitical donations by companies should be banned to protect UK elections from foreign interference, a...

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UK recruiter emerges from insolvency for third time, avoiding millions owed in tax

Hampshire business seems to have benefited from ‘phoenixism’, which costs the taxpayer about £800m a yearA UK recruitment business has been acquired out of administration for a third time in four years as part of a succession of...

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City minister accused of ignoring £2bn car finance tax loophole

Critics say banks will be able to avoid tax on compensation payouts to victims of £11bn loans scandalThe City minister, Lucy Rigby, has been accused of snubbing taxpayers after she appeared to brush off concerns about a £2bn tax...

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Lloyds CEO Charlie Nunn latest banking boss in line for huge bonus hike

Barclays, HSBC and NatWest shareholders already approved big pay rises after post Brexit loosening of remuneration rulesLloyds Banking Group boss, Charlie Nunn, could be in line for a maximum annual pay packet worth more than...

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End of shareholder revolt register ‘will help UK firms bury pay controversies’

Fears for transparency and governance after closure of public log meant to curb ‘abuses and excess’ in boardroomsUK-listed companies will be able to bury controversies over executive pay for the first time in eight years, a...

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My chilling week on Roblox: sexually assaulted and shat on as a child avatar roaming the online world

In seven days my young alter ego is cyberbullied and attacked while exploring clubs, casinos and horror games, all with parental controls in place. Is the platform safe for children – or an ‘X-rated paedophile hellscape’?I am an...

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Bonuses banned for 10 English water bosses over sewage pollution

Sanctions, including for Thames Water CEO, announced as part of new government powers under Water ActBonuses for 10 water company executives in England, including the boss of Thames Water, will be banned with immediate effect...

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Wealthy Britons avoiding more tax than thought, spending watchdog says

NAO reports £1.9bn tax gap for wealthy individuals and urges ministers to redouble efforts to secure more revenueWealthy individuals in Britain could be avoiding more tax than thought, the government’s spending watchdog has...

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