Vistra’s Pete Doyle has helped companies expand into the UK for nearly three decades. In this interview, he talks about evolving corporate expansion strategies, the top risks of operating in the UK, why complying with VAT requirements has an outsized importance for multinationals, and more.
A parliamentary report estimates the UK throws away 2.5 billion disposable coffee cups each year, “enough to stretch around the world roughly five and a half times.” Fewer than 1 in 400 are recycled. The report recommends a 25p (about 33-cent) levy on coffee cups, part of a trend of European lawmakers addressing the growing problem of single-use plastic waste.
Last year, UK authorities started requiring organizations with 250 or more employees to gather statistics about their gender pay gaps. The results were published this month, revealing that women are underrepresented in leadership positions, that some industries are downright hypocritical in their practices, and much more.
Theresa May gathered her Brexit “war cabinet” last week to solidify her government’s Brexit strategy before delivering a highly-anticipated speech on Friday. This post summarizes recent UK and EU Brexit publications and gives a picture of how far the UK has come in its efforts to provide businesses with certainty about how its economy will operate after Brexit.
This month’s transfer of Brazilian soccer player Neymar from the Spanish super club Barcelona to the French super club Paris St-Germain included a transfer fee of over $250 million, putting it on a par with some of the year’s biggest cross-border M&A deals. The transaction speaks to the changing nature of global super clubs and to the global economy itself.
DPAs are agreements between prosecutors and companies that essentially say authorities won’t prosecute fraudulent activity if a company agrees to pay a fine and get its regulatory house in order. Corporate leaders should know that the US and UK have different DPA systems in place.
President Trump’s visit to Warsaw highlighted Poland’s steady rise to economic prominence over the last two decades. The Eastern European nation is now poised to join the ranks of IMF advanced economies. The last country to make that leap was South Korea 20 years ago.
The World Bank projects global growth to improve to 2.7 percent in 2017, up from a decade-low 2.4 in 2016. Growth rates should further improve over the next two years. We summarize the important points of the World Bank's recent Global Economics Prospects report and take a look at its forecasts for five critical global economies.
The European Court of Justice ruled last week that an EU-Singapore free trade agreement must be concluded jointly by the EU and all 28 EU member states. This post explains why experts differ on whether the ruling will meaningfully affect Brexit negotiations.
This month, UK authorities announced that they've launched an investigation into KPMG’s conduct related to an audit of Roll Royce’s financial statements. The investigation appears to be part of a trend of holding auditing firms accountable for policing their clients’ financial behavior.
The Australian Taxation Office issued a combined $2.9 billion in tax bills this month to seven multinationals, including Apple, Google and Microsoft. The ATO’s actions come three months before the effective date of Australia’s widely heralded diverted profits tax, known as the Google tax. Here’s what you need to know about this important legislation.
Barclays announced that UK authorities have launched investigations into CEO Jef Staley’s conduct related to two whistleblower claims. The affair sheds light on the ambiguity of whistleblower laws and on the benefits and disadvantages of protecting whistleblowers’ anonymity.