Law and business: commercial news round-up 13.03.15
updated on 13 March 2015
Ramp up your efforts towards achieving commercial amazingness by keeping up with current affairs and casting your eye over these interesting business news stories from the last few days:
- Not one to pull his punches, Robert Peston accuses the treasury of being "grotesquely unprepared" and "intellectually and emotionally unready" for the financial crisis of 2007. He wonders how it would respond if it were to all happen again?
- Marking what could be a key shift in employment relations, Vodafone trials a new global maternity policy that will give all female employees 16 weeks leave on full pay and the right to work a 30-hour week on full pay for the first six months back at work.
- Law Society President Andrew Kaplen has written about why the massive court fee increases introduced this week will be bad for the economy, particularly SMEs.
- John Lewis, traditionally a leader in terms of staff benefits and fair treatment, has announced that it is cutting its staff bonuses, taking them to the lowest level for the past 12 years (11% of salary) as it deals with last year’s drop in profits.
- The HSBC tax evasion scandal takes a new turn as the French state prosecutor makes a formal recommendation that the Swiss bank at the centre of it is brought to criminal trial.
- In case you’d forgotten, The Economist is on hand to remind you exactly what quantitative easing is.
Be sure to check the News section every Friday afternoon for this weekly commercial news round-up. Follow @LawCareersNetUK and @CityLawLIVE on Twitter for instant business news updates.
