All companies should have a culture of prompt payment, says the CBI in its recent submission to the UK Government’s consultation on building a responsible payment culture.
The Government’s draft Consumer Rights Bill has the potential to consolidate, simplify and modernise consumer law, but this depends on resolving issues and inconsistencies in the draft, according to a recent report from Parliament's Business, Innovation and Skills Committee.
Mediation, and other forms of alternative dispute resolution, often offer a better solution to commercial disputes than going to court – so it is good to see that the new International Chamber of Commerce (ICC) Rules of Mediation are now in force.
Discrepancies exist in how damages for bereavement are awarded across the UK, with bereaved people north of the border being treated more fairly than those in England and Wales when claiming damages for their loss, according to a recent poll.
No longer can Landlords keep a tenants deposit. It is now against the law to do so and can be very costly for a Landlord if they fail to do so.
Following the latest mis-selling scandal to hit the UK financial services sector, the Financial Conduct Authority (FCA) has announced that it has reached an agreement with Card Protection Plan Limited (CPP) and 13 high street banks and credit card issuers over compensation to customers who were mis-sold CPP’s Card Protection and Identity Protection policies.
It is good to hear that the number of workers killed in Britain fell again last year. According to official statistics published last week by the Health and Safety Executive (HSE), 148 workers were fatally injured between April 2012 and March 2013, compared with 172 in the previous year.
The European Commission has adopted a proposal for a Directive on how citizens and companies can claim damages when they are victims of infringements of the EU antitrust rules, such as cartels and abuses of a dominant market position.
The number of companies that are becoming insolvent has fallen over the past three months, according to two recent reports. This is good news in itself, but may disguise the true picture – that many firms are hanging on by the skin of their teeth, and the good-will of their creditors.
We have recently published two new videos featuring our Managing Director, Billy Smith:-
The largest teachers’ union, the National Association of Schoolmasters Union of Women Teachers (NASUWT), saw a 24% increase in the amount of compensation paid to its members in 2012. The majority of the awards related to employment, equality and personal injury claims.
The Special Administration Regime (SAR), set up in February 2011, was used last week for only the fourth time since its launch, the Financial Services Authority (FSA) has announced. Fyshe Horton Finney Stockbrokers entered the SAR on 20th March 2013.