UK: LIMITED PAYMENTS FOR DEPARTING DIRECTORS

Article Abstract:

A range of proposals have been announced by the government committee reviewing company law, including limited payments for company directors who resign or are fired. The full report from the committee is due to be completed in 2001, but in the meantime, the committee has proposed new legislation to limit the payments, as well as the creation of a new commission for constant review of company law, and a requirement for companies to issue audited operating and financial reviews to inform stakeholders about their decisions. The changes reflect the wider responsibilities of companies.

Management Compensation, Executive compensation, Golden parachutes

---

UK: DNA SCREENING OF CHILDREN SHOULD BE BANNED

Article Abstract:

Government advisors would like ministers to ban DNA screening of children for incurable diseases until they can understand the consequences. Their report expresses concern at the psychological damage that could be done to young people who find out that they have life-changing conditions, such as Huntingdon's chorea. DNA testing is widely available but paediatricians should not give into parental pressure to test children. The report is based on the responses of 800 paediatricians and geneticists. The findings will help government draw up guidelines.

Surgical and Medical Instrument Manufacturing, Surgical and medical instruments, DNA-Based Tests, Medical equipment and supplies industry, Medical equipment industry, DNA testing, DNA identification, Medical testing products

---

UK: WISEMAN DAIRIES ALLEGED MARKET ABUSES

Article Abstract:

Scotland's biggest milk distributor, Robert Wiseman is subject to an investigation by the Competition Commission. Disadvantaged diary farmers may sue for damages under the new Competition Act if it is found guilty of abuses. Wiseman, which controls 85% of the Scottish milk market, has been accused of abusing its dominance by carrying out anti-competitive practices. It is alleged that Wiseman forced market-sharing agreements with small processors in order to stifle competition.

Dairy Farms, Dairy Cattle and Milk Production, Political activity, Investigations, Dairy industry, Dairy products industry, Dairy farmers, Robert Wiseman

Similar abstracts:

• Abstracts: UK: LACK OF CULTURAL AWARENESS AMONG FIRMS. UK: REVIEW OF CHIEF EXECUTIVE PAY. WORLD: BUSINESSES AWARE OF CAPITALISM BACKLASH
• Abstracts: UK: 20MPH SPEED LIMIT PLAN FOR EDINBURGH. UK: INCREASE IN TEENAGE CRIME
• Abstracts: UK: REGIONAL AID PLAN REVEALED. UK: R&D SPENDING UP BY 10%. UK: URBAN REGENERATION SCHEMES UNDER THREAT
• Abstracts: UK: RISE IN NUMBER OF COMPANY BANKRUPTCIES. Motherhood - the naked truth. UK: COST TO TAXPAYER OF COMPENSATION CLAIMS
• Abstracts: UK: RISE IN NUMBER OF COMPANY BANKRUPTCIES. Fears multiply over growth of genetic farms

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.