Company directors should be held responsible for late payment of invoices, according to a survey of supply chain managers. The research, carried out by the Chartered Institute of Procurement & Supply, found that seven out of 10 respondents believed there should be independent oversight and stronger penalties to prevent businesses abusing their suppliers. The survey
The government is to draw up new model tenancy agreements that will revise the restrictions on tenants having pets. Housing Secretary Robert Jenrick said more people than ever before are renting and should be able to enjoy the happiness that a pet can bring to their lives. However, currently only around 7% of landlords advertise
Companies that come under anti-money laundering legislation must now report certain irregularities to Companies House. The Fifth Anti-Money Laundering Directive (5MLD) came into effect on 10 January. It obliges businesses to tell Companies House if there’s a discrepancy between the information they hold about a beneficial owner and information on the Companies House People with
A gardener was unfairly dismissed after he was convicted of driving under the influence of alcohol, a tribunal has ruled. Lorne Anderson, who had a history of mental health issues, had worked for the Fife Health Board since 2001. His employer required gardeners to have a full driving licence. Anderson worked long hours, often six
A Royal Mail employee has won her case of unfair dismissal in a case that went all the way to the Supreme Court. Ms Kamaljeet Jhuti joined the Marketreach unit of Royal Mail in October 2013 on a trial basis as a media specialist. She quickly raised concerns about potential regulatory breaches in the processes.
The government has confirmed that it will provide tenants with more protection by abolishing no-fault evictions. It will also provide renters with a new lifetime deposit scheme, making the process of moving home easier and cheaper for millions. The measures were announced in the Queen’s Speech at the opening of the new parliament, with ministers
Tesco has been refused permission to withdraw an admission it made after being accused of overstating its expected level of profit. The admission related to an allegation that its trading statement made in August 2014 was untrue and/or misleading in that it misstated the level of trading profit expected to be achieved for the first
Businesses across different sectors are urging the new government to end late payment practices that are crippling many small companies. They say the existing Prompt Payment Code isn’t working and fear a surge in company insolvencies if no action is taken. David Frise, CEO of the Building Engineering Services Association (BESA), said repeated failures by
An agent who introduced a company to a buyer for one its properties has been awarded £435,000 for his services. The issue arose after the agent tried to buy the property himself from the company. The deal fell through and he was left £1.2m out of pocket. In order to recoup his losses, he proposed
The restaurant chain Bella Italia has lost a dispute about terminating a commercial lease. The property in question was a new development of retail premises on a site owned by two groups of trustees. In November 2014, Bella signed the agreement for lease, with the trustees as the named freeholder and landlord. The other parties