Bank of England

Governance Watch - Issue 54

Governance Watch - Issue 54

Inequality 

OECD figures suggest that the UK has among the highest levels of income inequality in the European Union (as measured by the Gini coefficient), although income inequality is lower than in the United States, says a research briefing from the UK Parliament in March 2019. This week the think-tank the Institute of Fiscal Studies (IFS) announced the IFS Deaton Review, a major five-year investigation into whether there is a systemic bias in the country towards inequality. It has enormous implications for our thinking on a wide range of things, from public policy to societal behaviour and to the design of corporate governance and attitude to corporate behaviour.

Governance Watch - Issue 14

Governance Watch - Issue 14

Appointments and conflicts

There are so many good corporate governance reasons to read this story with interest. 

The Bank of England has created a new role of ‘conflicts officer’ in the wake of the events resulting in the resignation of its Deputy Governor, Charlotte Hogg. I covered that story at the time here, on Forbes. 

Governance Watch - Issue 4

Governance Watch - Issue 4

An AGM For Workers

It certainly made the headlines in the Derby Telegraph as well as in Britain’s national newspapers. Employees at FTSE 100 engineering giant Rolls-Royce plc are to be given a chance to grill bosses about the company's recent performance. For the first time the firm, which has its civil aerospace and nuclear divisions in Derby, is set to hold an Annual General Meeting for its workers, which is likely to take place at Derby County's Pride Park Stadium in May, the paper reported.

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