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....The China Daily said it was unfair for Trump to put the burden on China for dissuading Pyongyang from its actions. “By trying to incriminate Beijing as an accomplice in [North Korea’s] nuclear adventure and blame it for a failure that is essentially a failure of all stakeholders, Trump risks making the serious mistake of splitting up the international coalition that is the means to resolve the issue peacefully,” it said. ... [Read full article on Guardian ]
Monday 14th of August 2017 05:44:36 AM
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.... These funding reductions were made at short notice and required significant changes to the business for it to remain viable. “Our new senior management team, with the support of our stakeholders, has moved quickly to ensure the business responds to the challenges this poses. ... [Read full article on Guardian ]
Thursday 17th of August 2017 09:24:49 AM
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Latest Finance News related to Stakeholder

Learndirect blames government cuts for damning Ofsted report image
Source : Guardian [Read Article] Thursday 17th of August 2017 09:24:49 AM
.... These funding reductions were made at short notice and required significant changes to the business for it to remain viable. “Our new senior management team, with the support of our stakeholders, has moved quickly to ensure the business responds to the challenges this poses. ...
Trump trade investigation will 'poison' relations with China, media warns image
....The China Daily said it was unfair for Trump to put the burden on China for dissuading Pyongyang from its actions. “By trying to incriminate Beijing as an accomplice in [North Korea’s] nuclear adventure and blame it for a failure that is essentially a failure of all stakeholders, Trump risks making the serious mistake of splitting up the international coalition that is the means to resolve the issue peacefully,” it said. ...
Battle for power at Uber as investor sues ex-CEO Travis Kalanick alleging fraud image
....A spokesperson for Kalanick called the suit “completely without merit and riddled with lies and false allegations”. The statement accused Benchmark of “acting in its own best interests contrary to the interests of Uber, its employees and its other shareholders”, and said that Kalanick “will continue to act in the interests of Uber and all of its stakeholders”. ...
Co-operative Bank sheds 25,000 current account customers but losses shrink image
Source : Guardian [Read Article] Thursday 10th of August 2017 08:25:02 AM
....After a series of rescue funds injected by hedge funds, the bank’s former owner, the Co-operative Group of grocers and funeral homes, is on course for its stake to drop to 1%. “Following a period of uncertainty around the future of the bank, I’d like to express my thanks to our customers for their loyalty and our colleagues, regulators and wider stakeholders for the support they have shown,” Coleman said. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
....” His solution was to import the best practices of other economies, particularly Germany, which he admired for its more patient, more socially inclusive economic approach. He called his vision “stakeholder” capitalism. ...
Pepsico, Unilever and Nestlé accused of complicity in illegal rainforest destruction image
....PT ABN declined requests for comment but after extensive Guardian inquiries, PT ES admitted using ABN’s palm oil – due to confusion after the logging firm changed its name – and said that it “regretted this failure”. The company promised to “strengthen our traceability practices by exchanging information to relevant stakeholders who have palm oil plantation data. ...
Sports Direct buys 26% stake in Game Digital image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:59:54 AM
....Game said in a statement to the London Stock Exchange that it was aware Sports Direct had taken “significant strategic equity stakes in a number of retail and brand businesses across both the UK and US”, and that it was “pleased that the strategic value of the group has been recognised by Sports Direct”. It added: “The group looks forward to working collaboratively with Sports Direct to explore the clear opportunities that a constructive partnership and collaboration can deliver for all stakeholders in the gaming, live events and rapidly growing eSports markets in which it operates. ...
PENSION WARNING: Savers accessing pots early falling into ‘disastrous’ tax trap image
.... "Ensuring this market works well will require cooperation across Government, regulators, the industry and consumer bodies. “We will work closely with stakeholders to make sure we are clear on the actions we are best placed to lead. ...
‘Gig workers’ already have rights – all we have to do is enforce them | Jason Moyer-Lee image
.... Given HMRC’s pathetic record on this front, the only way is up. Metcalf, in a letter sent to stakeholders last week, says one aspect of improving enforcement is building on the deterrence effect: “The threat of investigation and enforcement must act as a deterrent to employers to proactively spur change in compliance more widely than only those directly inspected. ...
Derby-based Bombardier beats German rival to £900m train contract image
Source : Guardian [Read Article] Tuesday 20th of June 2017 09:01:04 AM
....Steve Montgomery, the managing director of First Rail, which will operate the franchise alongside MTR, said: “We have exciting plans for the South Western rail franchise and these new trains are an important step on the way to delivering an improved journey experience for our passengers. “We know from listening to passengers and stakeholders that alongside improved performance, what they want to see is additional seats and we will deliver this via these state-of-the-art trains. ...
The study that shows life is a lot more unequal than you (probably) think image
....The lack of credibility of this assumption suggests a range of research on inequality needs to be revisited, including Thomas Piketty’s famous theory that the actual level of social mobility in a country is related to people’s support for redistribution; the Indonesia results imply it should in fact be the perceived level of social mobility. The World Bank’s nationally representative survey of more than 3,000 Indonesian households came about in 2014 because a range of stakeholders wanted to understand how Indonesians perceived their country’s deepening levels of inequality. ...
M&S offers cash grants to community businesses in ethical relaunch image
Source : Guardian [Read Article] Thursday 1st of June 2017 06:32:53 PM
.... However, M&S is not accredited by the scheme because some workers are not paid that much. M&S’s latest Plan A says: “By 2025 we’ll aim for a living wage for all our direct employees as set by us and reviewed by credible stakeholders in a way that is sustainable for M&S. ...
UK councils under pressure over £1bn of tobacco investments image
Source : Guardian [Read Article] Wednesday 31st of May 2017 05:40:08 PM
....“I am convinced we must work together if we want to bring about change. Therefore, we are very proud to be working with other major financial actors and key stakeholders in support of governments to take action on tobacco control. ...
Emergency landing: how airlines can recover from a PR disaster image
Source : Guardian [Read Article] Tuesday 30th of May 2017 03:30:05 PM
.... “There’s something about airlines and airports that fascinates the public and the media, and means these stories are often given greater prominence than perhaps a crisis in another sector,” Charles adds. Good crisis plans include command structures and a checklist of “key stakeholders” who the CEO calls directly, such as top corporate clients and travel agents. ...
BA’s failures fly in the face of ‘customer as king’. This is the new normal | Peter Fleming image
....This could be a good example of what Bank of England chief economist Andy Haldane meant when he said British corporations risked “eating themselves” due to their myopic focus on the next dividend payout. As he rightly points out: “There are other models of corporate governance round the world which share the spoils somewhat more equally between a wider set of not just shareholders but stakeholders in a firm. ...
Whole Foods represents the failures of 'conscious capitalism' | Nicole Aschoff image
....John Mackey, the company’s chief executive, has long argued that Whole Foods is wired differently — that it runs on a “conscious capitalism” model that outsmarts the competitive pressures of our for-profit system through creativity and innovation. In Liberating the Heroic Spirit of Business: Conscious Capitalism, Mackey argues that his conscious capitalism model achieves success by honoring not just shareholders but all stakeholders, including workers, communities and the environment. ...
Paul Polman: ‘I could boost Unilever shares. But cutting costs is not our way’ image
.... Second, what are the fiduciary duties of companies? Is it to someone who can come into your shares, who has never been there, and can decide that they can create some value in the short term?”. Polman’s view, obviously, is that companies serve a wide group of stakeholders. ...
Akzo Nobel faces Elliott legal bid to oust chairman image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:36:22 AM
...."Elliott views Akzo Nobel's rejection of PPG's third proposal without entering into any constructive form of engagement with PPG as a flagrant breach of Akzo Nobel's boards' fiduciary duties and of Dutch corporate law, and as an arrogant dismissal of recognised principles of proper corporate governance," it said. "Akzo Nobel's boards continue to demonstrate a disturbing and inexplicable tendency to act in their own, self-entrenching interests and against the interests of shareholders and other stakeholders. ...
Dulux owner Akzo Nobel has shown its colours by rebuffing takeover bids | Nils Pratley image
.... The starting-point, think analysts, would not be the former sub-€50 share price if PPG scarpers, but somewhere around €70. And, yes, Azko is right to shout about “cultural differences” and the interests of “stakeholders”. ...
Dulux owner Akzo Nobel owner rejects third PPG takeover bid image
.... . "The PPG proposal undervalues AkzoNobel, contains significant risks and uncertainties, makes no substantive commitments to stakeholders and demonstrates a lack of cultural understanding," he said. ...
Italy's ​Alitalia to enter administration after staff reject rescue deal image
....It has ruled out renationalising Alitalia, which was privatised and relaunched in 2008 after filing for bankruptcy protection earlier that year. The Gulf airline Etihad, which owns 49% of Alitalia, said it would not invest any further “without the support of all stakeholders”. ...
Alitalia slides into administration image
Source : BBC [Read Article] Tuesday 2nd of May 2017 11:31:45 AM
.... . "Without the support of all stakeholders for that restructuring, we are not prepared to continue to invest. ...
General Motors loses Supreme Court appeal over car faults image
Source : BBC [Read Article] Monday 24th of April 2017 09:06:53 PM
.... That was a violation of due process and called in to question the sale deal, the court found. If the complainants had been at the table, the outcome might have been different, given how many stakeholders were involved, it found. ...
Offer for Dulux owner AkzoNobel raised again image
Source : BBC [Read Article] Monday 24th of April 2017 11:08:17 AM
....PPG said the new offer was AkzoNobel's last chance to accept the deal. "We are extending this one last invitation to you and the AkzoNobel boards to reconsider your stance and to engage with us on creating extraordinary value and benefits for all of AkzoNobel's stakeholders," said PPG's chairman and chief executive, Michael McGarry. ...
Packing a punch image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:58:24 AM
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
.... The business will continue to be led by senior GIB executives. Macquarie sought to allay the concerns by pointing to the “special share” arrangements with the GIB’s five independent trustees, including an annual report on its green performance, an annual industry day for stakeholders and green reporting. ...
Walking dead image
Source : BBC [Read Article] Sunday 16th of April 2017 08:34:11 AM
.... . The chip sale is now said to be facing opposition from various stakeholders, including US firm Western Digital, which has a joint venture deal with Toshiba. ...
Akzo Nobel faces call to axe chairman amid takeover battle image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:42:40 AM
....An Akzo Nobel spokesman said the company strongly supported the chairman and would respond to the request within 14 days as required by Dutch law. "The removal of Mr Burgmans would be irresponsible, disproportionate, damaging and not in the best interest of the company, its shareholders and other stakeholders," he said. ...
Jaeger collapses into administration putting 680 jobs at risk image
Source : Guardian [Read Article] Monday 10th of April 2017 05:06:29 PM
....“Regrettably, despite an extensive sales process, it has not been possible to identify a purchaser for the business,” Saville said. “Our focus now is in identifying an appropriate route forward and to work with all stakeholders to do this. ...
Jaeger clothing chain collapses into administration image
Source : BBC [Read Article] Monday 10th of April 2017 04:13:10 PM
....Peter Saville, the joint administrator, said: "Regrettably despite an extensive sales process it has not been possible to identify a purchaser for the business. "Our focus now is in identifying an appropriate route forward and [to] work with all stakeholders to do this. ...
Shell move 'could be in breach of international law' image
Source : BBC [Read Article] Monday 10th of April 2017 04:00:34 AM
....A 60-day consultation on Shell's decommissioning programme for the Brent field has now closed. A Shell spokesman said: "Shell welcomes the feedback, which has been received from stakeholders and members of the public during the 60-day public consultation period for the Brent field. ...
Unilever to ditch Flora and Stork as consumers turn to butter image
Source : Guardian [Read Article] Thursday 6th of April 2017 07:59:35 AM
....At the time of the Kraft Heinz bid, Polman called for more help from the government to protect “national champions” such as Unilever. Companies in the Netherlands are offered more protection against hostile takeover bids because directors are required to take into account the interests of all stakeholders in the business, not just shareholders. ...
MPs urge crackdown on excessive pay to rebuild public trust in business image
Source : Guardian [Read Article] Wednesday 5th of April 2017 05:30:12 AM
.... However, recent scandals and the issue of executive pay have undermined public trust in corporate culture,” said the committee’s chair, Labour MP Iain Wright. “That, together with rising stakeholder expectations, changing business models and technology, means that corporate governance needs to evolve to provide assurance to investors and wider society. ...
Toshiba shareholders angry as chip unit sale approved image
Source : BBC [Read Article] Thursday 30th of March 2017 07:41:02 AM
....Toshiba president Satoshi Tsunakawa apologised for the situation. "We apologise to all stakeholders, including shareholders, for causing this trouble and worry over our nuclear business," he said. ...
Lloyd’s of London will move jobs to new Brussels office image
Source : Guardian [Read Article] Wednesday 29th of March 2017 05:21:41 PM
.... “We decided to move quickly and decisively because we are a market. And if our stakeholders felt that we weren’t going to be in that position, then you can imagine that the business might have walked – and the answer is, it hasn’t, and they’ve been consulted all the way through. ...
Payday loan industry using former Labor shadow minister as lobbyist image
Source : Guardian [Read Article] Monday 27th of March 2017 03:41:46 AM
....The minister said he was committed to balancing access to small loans and consumer leases with the appropriate level of customer protection. “The government continues to consult widely with stakeholders on issues related to the implementation of the reforms,” the spokesman said. ...
Portsmouth and ex-Disney CEO Michael Eisner to hold exclusive takeover talks image
.... Portsmouth will not engage in discussions with any other potential bidder during the 70-day period. Its board have retained Trevor Birch to advise them during the negotiating process, who will liaise with all of the club's stakeholders. ...
UK-based airlines told to move to Europe after Brexit or lose major routes image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 09:33:08 AM
....Representatives from easyJet, along with the British Airways owner IAG, Ryanair and the Tui Group, whose portfolio of airlines includes Thomson, met the EU’s Brexit taskforce last week. That followed a meeting the previous week between the taskforce and executives from Air France-KLM, Finnair, Lufthansa and SAS, as part of the EU’s efforts to engage with stakeholders. ...
BP in talks with Ineos over Forties pipeline sale image
Source : BBC [Read Article] Friday 17th of March 2017 11:56:25 AM
.... . "We remain committed to communicating openly with staff and our stakeholders as soon as we are able, and as commercial confidentialities allow, if any deal is confirmed or agreed. ...
Rupert Murdoch's Sky bid to be investigated by UK regulator image
Source : Guardian [Read Article] Thursday 16th of March 2017 11:35:05 AM
....7bn investment will benefit the UK’s creative industries. We look forward to continuing to work with all stakeholders and are confident that the transaction will be approved. ...
UK government should help companies targeted by foreign bids, says Unilever image
.... Kraft Heinz withdrew the offer after it was firmly rejected by Unilever, amid reports the UK government was concerned about the ramifications of a deal. However, Unilever believes UK takeover rules should be changed to provide more support for the company that is targeted by a foreign bid, for example enabling it to have more time to build a defence against the offer and encouraging directors to consider the interests of other stakeholders – such as employees – rather than just shareholders. ...
Channel 4 chief executive David Abraham to stand down image
Source : Guardian [Read Article] Tuesday 14th of March 2017 03:30:33 PM
....The culture department, led by Karen Bradley, has suggested that Channel 4 could move part, or all, of its operation out of London, with cities including Birmingham mooted as potential new headquarters. “Channel 4 matters and I am confident that our stakeholders recognise the unique and significant contribution it will make to the future of UK broadcasting and to the creative industries more broadly,” said Abraham, in a statement from Channel 4 officially confirming his departure hours after the accidental tweet. ...
In the Hunt image
Source : BBC [Read Article] Tuesday 14th of March 2017 12:03:41 AM
....In addition a new "tripartite" governance agreement for the sport has been drawn up by governing body the BHA, the racecourses and racing participants. "British racing has a really effective governance structure now in place that gives the three stakeholder groupings in the sport a proper say on the big decisions," says Jockey Club chief executive Simon Bazalgette. ...
Rolls-Royce calls its first staff AGM image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:02:59 PM
.... Its chair, Ian Davis, said: “We note with interest the government’s green paper on UK corporate governance. The board is considering the level of interaction with stakeholders, particularly employees. ...
Ferrari gives up F1 stake in exchange for Liberty Media stock image
Source : Guardian [Read Article] Friday 10th of March 2017 04:46:33 PM
....The automaker is Formula One’s most famous name and is the first of its 10 teams to acquire stock in Liberty. This isn’t the first time Liberty has tried to tempt F1’s teams into becoming stakeholders in an effort to change the old-boys management structure of the storied race franchise. ...
The Observer view on the Snap flotation | Observer editorial image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:04:29 AM
.... It is crazy to think the solution is to ditch accountability to shareholders altogether, concentrating ever more power in the owners of big companies. Quite the opposite: the right answer must be to reform corporate governance so that companies are more accountable to their other key stakeholders: their employees and their customers. ...
Agent Provocateur founder brands Mike Ashley's purchase 'a stitch-up' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 12:46:56 PM
....Sky News reported earlier this week that Ashley had risen above private equity firm Lion Capital in a bidding war to acquire Agent Provocateur and the tycoon is understood to have been personally involved in the talks to buy the business. Peter Saville, managing director and head of retail restructuring at AlixPartners, said: “We would like to thank all the staff and stakeholders for their support during this process and we wish the business and its new owners all the best for future. ...
'Timid' financial regulator needs more powers, Lord Myners says image
Source : BBC [Read Article] Thursday 2nd of March 2017 11:03:29 AM
....Its latest monitoring report on the code shows "high compliance" among companies, but when boards don't follow the rules "too many explanations are of poor quality". "This suggests that some boards still need to do more than pay lip service to the needs of their shareholders and other stakeholders. ...
'Cheesegrater' building sold to Chinese investors for £1.15bn image
Source : BBC [Read Article] Wednesday 1st of March 2017 01:24:33 PM
....The Cheesegrater deal is still subject to approval by CC Land shareholders but Mr Cheung Chung-Kiu holds approximately 50. 4% of the company's shares through sole ownership of two major stakeholders, Fame Seeker Holdings and Thrivetrade. ...
Betting turf war is torpedoing efforts to help problem gamblers image
Source : Guardian [Read Article] Tuesday 21st of February 2017 07:00:02 AM
....“You end up with a polarised debate that misses the complexity of what’s causing people harm and what you do about it. “I can perfectly understand why different stakeholders do that but it’s not particularly helpful. ...
Government failure to act means gender pay gap will remain, say MPs image
Source : Guardian [Read Article] Tuesday 21st of February 2017 06:50:01 AM
....“We made practical, evidence-based recommendations to address these issues. They were widely supported by a range of stakeholders including businesses, academics and unions. ...
Vauxhall's future in UK is secure, says business secretary image
Source : Guardian [Read Article] Thursday 16th of February 2017 03:35:55 PM
.... “While we have no definitive news to report at this time, we can affirm that our objective in exploring opportunities with PSA Group is to build on the success of Opel Vauxhall and to put the business and the operations in the strongest possible position for the future,” the company said. “We look forward to engaging with our stakeholders as part of these ongoing discussions. ...
Tata Steel workers agree to pension cuts to save 8,000 jobs image
Source : Guardian [Read Article] Wednesday 15th of February 2017 03:01:00 PM
.... It shows employees are doing everything they can to develop a sustainable future for the business,” a spokesperson said. “We will continue to work with the trade unions and other stakeholders to deliver Tata Steel UK’s transformation plan and develop a sustainable future for the business. ...
General Motors looks to sell loss-making Vauxhall and Opel image
Source : Guardian [Read Article] Tuesday 14th of February 2017 01:42:44 PM
....”. In a letter to staff, GM offered few details but said it would “seek to ensure any transaction would serve the best interests of all our respective important stakeholders”. ...
How Xi Jinping's global ambitions could thrive as Trump turns inward image
Source : Guardian [Read Article] Friday 10th of February 2017 12:25:10 PM
....“Let’s lavish praise on them … I think it was super-smart of Xi Jinping to go to Davos and give the speech … More credit to him, really,” said Shirk, who was the US deputy assistant secretary of state under Bill Clinton. Shirk said the US had been encouraging China to become what Robert Zoellick once called a “responsible stakeholder” in the international community since the early 1970s, when Richard Nixon and Chairman Mao reestablished relations between Washington and Beijing. ...
Arriva Rail North staff to consider strike action over role of train guards image
Source : Guardian [Read Article] Thursday 9th of February 2017 05:08:43 PM
....An Arriva Rail North spokesman said: “We are in the early stages of developing our modernisation plans to bring customers a better railway, so we believe the RMT is extremely premature in calling a ballot for strikes. “During our discussions this week we offered commitments to consult fully with our people, customers and key stakeholders. ...
Democrats must do to the Dakota pipeline what they did to Betsy DeVos: resist | Kate Aronoff image
....Pelosi balked recently at NYU student Trevor Hill’s suggestion that the party may need to move to the left on economic issues. Responding to Hill’s question, she launched off into an explanation of so-called stakeholder and shareholder capitalism, a framework lifted from the head of Standard Oil Company of New Jersey. ...
Accessibility and ownership of the UK’s railways | Letters image
Source : Guardian [Read Article] Friday 27th of January 2017 06:52:00 PM
.... This chimes neatly with both the Shaw report on the future shape and financing of Network Rail, which recommended that new franchises should have greater union and passenger representation, and with the PM’s ambition for a greater voice for workers on company boards. More thought should be put into the running of rail franchises as multi-stakeholder social enterprises, with worker and passenger representation at the top table and a commitment to reinvesting profits in service delivery. ...
Top bosses question benefits of globalisation, PwC survey finds image
Source : Guardian [Read Article] Monday 16th of January 2017 06:30:16 PM
....“Public discontent has the potential to erode trust which is needed for long term sustainable performance. The real challenge here, though, isn’t just one of how CEOs navigate, it’s about the need for CEOs to have a deeper, two-way relationship with stakeholders, customers, employees, and the public,” Moritz said. ...
Robotics, Trump and Brexit turn up the heat amid the snow of Davos image
Source : Guardian [Read Article] Saturday 14th of January 2017 03:59:30 PM
.... It’s a timely issue, as Donald Trump heads to the Oval Office. Trump is the living, breathing, tweeting antithesis of the WEF and its belief in “multi-stakeholder” solutions: the idea that big problems are solved by working together, rather than by isolationism and protectionism. ...
Lloyds Bank: UK government no longer top shareholder image
Source : BBC [Read Article] Monday 9th of January 2017 10:00:23 AM
Deck the halls with share options: today is Fat Cat Wednesday | Anne Perkins image
.... The idea of workers on boards, sentinels of the public interest who might be expected to demand to see some relationship between pay and productivity, was downgraded from compulsory to optional in her CBI speech in November. Plans to insist that companies publish pay ratios between top and bottom seem set to run into the same claggy mud, along with other ideas on stakeholder engagement and a code of good practice. ...
How attempts to save BHS, and 11,000 jobs, were doomed by chaos and mistrust image
Source : Guardian [Read Article] Saturday 31st of December 2016 04:00:32 PM
.... This turned out to be true: in March 2016, landlords voted in favour of dramatically cutting the rent on 87 of BHS’s 164 shops. Unfortunately, by that point the company’s finances were unravelling and key suppliers, credit insurers and other stakeholders had lost faith in Chappell, warning Topp that BHS needed new owners in order to be successful. ...
Tax avoidance, expenses scams – welcome to the recruitment industry | Adrian Gregory image
.... Instead, its next website article was headlined “Why the recruitment industry needs to talk itself up”. Despite growing adverse publicity, the silence from industry stakeholders is deafening. ...
Union defends Post Office pre-Christmas strike image
Source : BBC [Read Article] Tuesday 13th of December 2016 09:13:21 AM
....". "Our members want the Post Office management to pause its closure and privatisation programme, hold off on its planned pensions changes, and commit to sitting down with us and with the other key stakeholders of this Great British institution and, together, construct a lasting vision," said CWU assistant secretary Andy Furey. ...
UK naive to expect easy ride in Brexit trade talks, says Lords report image
Source : Guardian [Read Article] Tuesday 13th of December 2016 12:01:41 AM
....The report, the second of six parliamentary studies on the mechanics of Brexit out this week, also accuses the government of underestimating the consequences of its limited negotiating position. “We recognise that the government is engaging with industry stakeholders but are not convinced that the level of engagement and expertise within government are commensurate with the scale of this unprecedented task, particularly given the government’s commitment to trigger article 50 by the end of March 2017,” wrote the Lords’ EU internal market and EU external affairs sub-committees. ...
Post Office staff in pre-Christmas strike image
Source : BBC [Read Article] Monday 12th of December 2016 07:20:30 PM
....". "Our members want the Post Office management to pause its closure and privatisation programme, hold off on its planned pensions changes, and commit to sitting down with us and with the other key stakeholders of this Great British institution and, together, construct a lasting vision," said CWU assistant secretary Andy Furey. ...
Trump's tweet about Lockheed-Martin cuts $4bn in value as share prices fall image
....Lockheed-Martin doesn’t manufacture the F-35 alone. The stakeholders form a complex geopolitical web – one reason it has been allowed to grow so costly. ...
Auto-enrolment: self-employed and low-paid could benefit image
Source : Guardian [Read Article] Monday 12th of December 2016 01:14:50 PM
....”. The government said information from stakeholders across the industry would be gathered in the early part of 2017, and a report setting out recommendations published towards the end of the year. ...
Palm oil giant Olam accused over sourcing image
Source : BBC [Read Article] Monday 12th of December 2016 11:54:03 AM
....The claims against the agricultural commodities trader were made in a report by Mighty, a US-based environmental lobby group. Mighty also accuses Olam and its main stakeholder, Singapore state-owned investment company Temasek, of turning a blind eye to these practices. ...
Pfizer feels wrath of CMA for overcharging NHS | Nils Pratley image
Source : Guardian [Read Article] Wednesday 7th of December 2016 07:27:43 PM
....But, if the agreement succeeds, Tata should be applauded for its willingness to rethink and negotiate on Port Talbot. It is also fair for Tata to appeal “to other stakeholders such as the UK government” to lend a hand on energy costs for heavy users like the steel industry. ...
Tata Steel agrees deal with union chiefs to save 8,000 UK jobs image
Source : Guardian [Read Article] Wednesday 7th of December 2016 04:02:21 PM
....Koushik Chatterjee, group executive director, said: “These are unprecedented times for the steel industry globally with multiple risks including global economic uncertainty, slow manufacturing growth and currency volatility which continues to present significant challenges to the business. “There is much more work to be done to make Tata Steel UK more financially sustainable, but I am confident that all stakeholders will do all they can to try to ensure that the company will be able to achieve its plan in the coming months and years. ...
Tata Steel makes commitment to secure Port Talbot future image
Source : BBC [Read Article] Wednesday 7th of December 2016 01:13:27 PM
....Koushik Chatterjee, group executive director Tata Steel and executive director for its European business, said: "There is much more work to be done to make Tata Steel UK more financially sustainable. "But I am confident that all stakeholders will do all they can to try to ensure that the company will be able to achieve its plan in the coming months and years. ...
New era of housebuilding needs new property laws image
Source : Guardian [Read Article] Saturday 3rd of December 2016 07:00:15 AM
....Answering a question raised by the MP Peter Bottomley, communities secretary Sajid Javid told the Commons: “We must make sure the kind of abuses he mentioned are stamped out and we will continue to do everything [we can]. We do work with a number of stakeholders and we can certainly see how we can do more. ...
Tories' corporate reform proposals a far cry from May's radical pledge image
Source : Guardian [Read Article] Tuesday 29th of November 2016 06:38:40 PM
....Unfortunately, while Philp’s idea was included, the mention was brief and heavily qualified. Instead, the government seems inclined to embrace “stakeholder advisory panels”, which are fine as far they go but are ultimately powerless. ...
UK government defends apparent U-turn over workers on boards image
Source : Guardian [Read Article] Tuesday 29th of November 2016 09:37:39 AM
....“We are not going to make it happen,” he told BBC Radio 4’s Today programme, adding that the government did not want to “overturn what has been a successful system which has had the confidence of business around the world”. “What we are proposing today is a range of proposals, including a non-executive director who has an explicit obligation to engage with the workforce, to report into the board, to chair a stakeholder panel and influence the renumeration committee. ...
BT under increasing pressure from Ofcom to split from Openreach image
Source : Guardian [Read Article] Tuesday 29th of November 2016 08:22:15 AM
....5bn, a concern echoed by the scheme’s trustees. “Most stakeholders who responded to our consultation took the view that the concerns raised by BT, the unions and trustees relating to the BT pension scheme have been overstated,” said Ofcom. ...

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