Directors to face pay clampdown

Directors to face pay clampdown

The government has introduced new measures to curb the excessive pay of executives at the largest companies.

It is introducing regulations, which will apply to large and medium-sized companies and groups, with effect from 1 October 2013. It says the changes mean that investors will be better informed about how much directors have been, and will be, paid, along with how this relates to company performance.

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UK counts £52bn cost of fraud

UK counts £52bn cost of fraud

Fraud is costing the UK economy billions of pounds a year, new research has found. The Annual Fraud Indicator, compiled by the National Fraud Authority (NFA) and published on 6 June, put the annual cost at £52 billion. Private businesses were estimated to have suffered total fraud losses of £15.9 billion while the public sector faced a £20.6 billion fraud bill. The cost to individuals Read more…

RTI rule relaxation extended

RTI rule relaxation extended

HM Revenue & Customs (HMRC) is to extend the temporary relaxation of new Real Time Information (RTI) reporting rules for businesses with fewer than 50 employees. HMRC originally announced the rule relaxation on 19 March for employers with fewer than 50 employees who pay employees weekly or more frequently, but only process their payroll monthly. It said it recognised that they needed longer to adjust Read more…

Red tape freeze extended to more businesses

Red tape freeze extended to more businesses

A freeze exempting small businesses from some new regulations is to be extended to larger enterprises. Business Minister Michael Fallon announced on 6 June that the freeze exempting businesses with fewer than ten employees from burdensome new regulations would be extended to firms with up to 50 staff, and will continue from 2014. Firms will also be exempted from new regulations if there is any Read more…

Underpaid workers win £4 million in back wages

Underpaid workers win £4 million in back wages

Failure to pay their workers the national minimum wage has cost employers targeted by HM Revenue & Customs (HMRC) £4 million. HMRC secured an average of £300 in back pay for 26,519 employees, topping up wages that had previously been below the legal minimum rate, in the 2012-13 financial year. A total of 1,693 complaints were made against employers over minimum wage rules over the Read more…

Directors to face pay clampdown

Directors to face pay clampdown

The government has introduced new measures to curb the excessive pay of executives at the largest companies. It is introducing regulations, which will apply to large and medium-sized companies and groups, with effect from 1 October 2013. It says the changes mean that investors will be better informed about how much directors have been, and will be, paid, along with how this relates to company Read more…

Optigreen Ltd

Optigreen Ltd

Optigrün International AG are at the forefront of the green roof system solutions market, installing approximately two million square metres of roof per year throughout Europe and overseas. Since incorporating Optigreen Ltd as a UK subsidiary, they have grown to be one of the UK’s leading suppliers of green roof solutions, combining over 40 years of experience with a philosophy of continuous innovation. Managing Director Read more…

Configure One™

Configure One™

Since its inception in the US in 2000, Configure One has been building its strong reputation as the leading provider in pioneering product configuration, pricing and quoting (CPQ) software. The company, whose corporate headquarters are based in Oak Brook, Illinois, develops Concept™, a web-based software package that allows businesses to streamline their operations by automating their sales, order entry, cataloging and engineering processes. In doing so, Concept Read more…