Time for a change? Proposed bill for changing UK Time

By Emma Peart Recently a bill named the Daylight Saving Bill has passed through the initial stages of Government voting. The bill effectively suggests the changing of time within the UK away from Greenwich Mean Time(GMT). The proposal is to change to Continental time, whereby in the spring the UK would have GMT plus two hours – also known as

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UK Office Of Fair Trading Reviewing The High Cost Of Business Insolvency

By: Ainsley Brown The Office of Fair Trading (OFT), the agency charged with policing trade practices – read unfair trade practices – has launched a study into the high cost associated with business insolvency. The study will focus on the way insolvency practitioners, namely accountants and lawyers are appointed and how they set their fees. The importance of the study

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Kit Kat Goes Fair Trade In the UK

By: Ainsley Brown “Gimme a break, gimme a break, break me off a piece of that Kit Kat bar,” has taken on a new meaning in the UK as Kit Kat ‘breaks off’ some cash cocoa to farmers. Nestlé, the Swiss makers of Kit Kat, has announced that the very tasty chocolate snack as of mid-January will become a Fair

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EU Shoe Tariff: Balancing Competing Interests

By: Ainsley Brown There is nothing new with European Commission having to balance competing constituents – both market and geographic. The case remains the same with the anti-dumping duties put in place in 2006 to protect EU shoe manufacturers from cheaper Chinese and Vietnamese imports. The EU will decide tomorrow if it will continue or end the duties on the cheaper Chinese and Vietnamese

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Today Is Judgment Day For Airbus State Aid Row

By: Ainsley Brown Is the aid given to Airbus by the governments of Germany, the UK and France in violation of the World Trade Organization’s (WTO) subsidies agreement? The answer to this question is expected to be known by the parties today when the WTO is expected to hand down its confidential ruling to the parties. Confidential rulings are part

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Northern Rock: The Latest Chapter

By: Ainsley Brown This is an update to Shareholders Fail in Human Rights Cases Against UK Government. The Northern Rock shareholder group, lead by the Hedge Funds SRM Global and RAB Capital, last week launched their appeal of the decision reach in the High Court about the UK government’s nationalization compensations scheme.  The appeal comes in the form of judicial

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