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Chronic labour shortage forecast for U.K. food and drink industry post Brexit
As part of a series of in depth articles on the effect of Brexit on various U.K. industries, Willis Towers Watson recently released its insights on the food and drink industry. Brexit has added to...
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Spotlight on a National Living Wage market
The past two years have seen a big shift in the U.K. pay landscape for low earners. Back in 2015, George Osborne, a member of the British Parliament and former chancellor, announced the introduction of...
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Financial Conduct Authority: Imbalanced accountability
Financial Conduct Authority (FCA) fines total more than £3 billion in the five years up to April 2016 – with only a minuscule proportion levied on individuals. But the accountability imbalance is set...
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The Grand National – The world’s greatest steeplechase
The Grand National is a race like no other. Ever since the aptly named Lottery won the first running of the race in 1839, the race has continued to entertain and astound in equal measure and this...
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Brexit impact on transportation industry
The U.K. Government has invoked Article 50 of the Lisbon Treaty, meaning Britain’s exit from the E.U. will be complete by the end of March 2019.
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Supreme Court victory for U.K. Financial Conduct Authority spells trouble for...
The recent U.K. Supreme Court decision in Financial Conduct Authority V Macris has clarified the law—but not in a way that will give comfort to senior managers.
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A new regulatory threat for directors of U.K.-listed companies
You are a director of a U.K.-listed company but not its Chief Financial Officer. A significant error is discovered in the financial statements going back several years, as a result of which the...
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As avian influenza surges, what to watch out for
Back in 2015 we reported on the avian influenza (AI) outbreak in the U.S. and Canada that occurred earlier that year. 50 million birds were killed to prevent the spread of the virus and poultry farmers...
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5 key risks in the U.K.’s build-to-rent market
As build-to-rent grows and matures, our roundtable of experts, identified five key areas of risk and potential solutions.
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The English Court of Appeal holds a senior manager strictly to account for...
As a senior manager, can you be summarily dismissed under English law for gross misconduct not as a result of deliberate or dishonest conduct but instead due to a negligent failure to act, even when...
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New EU Network Security Directive
The U.K. government confirmed in its Cyber Security Regulation and Incentives Review published in December that the EU’s Network and Information Security (NIS) Directive will be implemented in the U.K....
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Fakes and forgeries in the fine art world: What’s an art dealer to do?
This time last year, there were a series of frauds in the art world being discovered and an increase in museums and galleries hiring forensic investigators to verify artworks. Things look to be picking...
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What risks will emerge in 2017?
A look at the emerging risks for 2017 reveals two clear touchpoints: people and politics – and especially politics. Risk experts in areas ranging from human capital to transportation, from Washington,...
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Destruction of computer records leads to prison sentence for director
It may cross your mind to throw your computer out of the back window as the Serious Fraud Office comes knocking on the front door but, as a case decided just before Christmas 2016 shows, it is probably...
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U.K. attitudes to rental risk are softening
With traditional investments underperforming, many institutions are warming to some of the risks involved in moving back into housing, although some are more risk averse than others.
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Making UK directors personally liable for data privacy breaches
One proposal for the U.K.’s new Digital Economy Bill is for company directors to become personally liable for fines resulting from nuisance calls made by their companies.
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Comment on the U.K.’s new National Cyber Security Strategy
In November 2016, the U.K. government published the new National Cyber Security Strategy 2016 to 2021, outlining the government’s plans for the U.K. and cyberspace.
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2016 Top 10 – #6: U.K. Floods: Should We Expect More of the Same?
By making a few assumptions, the chances of getting two locations, such as Carlisle, experiencing extreme flows in a 10-year period is over 80%.
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It might not be so bad for UK construction after all post-Brexit
So, in the UK the Brexit vote has come and gone and in the USA we now have a new president elect, who it would seem, supports the UK’s decision to leave the EU. But how has this impacted the …
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How to model a windstorm
Storm Angus hit the U.K. earlier this month (also known as Nannette as designated by the Free University of Berlin). Although insurance industry losses are not expected have much impact on the...
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