COVID-19 - We are open for business and here to help ->

Translate this site

enzh-CNzh-TW

Covid-19 Update

The welfare of our clients and staff is always a key priority for Raeside Chisholm. In light of the current circumstances, we are continuing to offer a full range of services, but we are working remotely. You can contact us on 0141 248 3456 and one our solicitors will call you back if necessary, or you can contact us by email.”

Raeside Chisholm Solicitors

The directors of Raeside Chisholm are experienced solicitors who enjoy a deserved reputation in Glasgow and beyond for personal attention allied to a commitment to outstanding levels of quality legal services. For enquiries, please contact us on 0141 248 3456.
2 minutes reading time (324 words)

Consultation over Proposed Changes to Corporate Governance

The UK Government has launched a consultation exercise over proposals to strengthen the UK’s corporate governance framework and shareholder influence over executive pay.

The paper sets out a range of options on addressing concerns around levels of executive pay, increasing representation of workers, customers, suppliers and investors in the boardroom, and whether our largest private companies should be subject to more rigorous corporate governance rules.

It calls on businesses, investors, workers and members of the public to give their views on what should be done to ensure that the UK’s corporate governance framework helps to deliver an economy that works for all and maintain our reputation as the best place in Europe to do business.

New measures include:

- strengthening the corporate governance framework for the UK’s largest privately-held companies,
- which types of company need to strengthen stakeholder voices and how best the opinions of workers and customers can be better heard in the boardroom, and
- increasing shareholder influence over directors’ remuneration, including increasing transparency and simplifying and strengthening long-term incentive plans.

While businesses provide employment for millions of people and contribute £140 billion a year in taxes for public services, the Government believes that confidence and trust in business could be improved if more boards took wider employee and other interests into account, planned and invested for the long term and ensured that executive pay genuinely reflects business performance.

“The Government is determined to make Britain one of the best places in the world to work, to invest and to do business, and part of that means continuing to have a framework of corporate governance that is admired across the world,” explained Business Secretary Greg Clark.

“This review will help us achieve that aim and the views of businesses, investors, employees, consumers and others with an interest in successful business are warmly welcomed,” he added.

Contact Us

For expert legal advice for you and your business then contact our specialist commercial lawyers today.

Review of Child Maintenance Service
Divorcees Experience Financial Hit

Related Posts

Online Enquiry

  1. Name(*)
    Please let us know your name.
  2. Email(*)
    Please let us know your email address.
  3. Daytime Tel. No.
    Please enter your daytime telephone number.
  4. Subject(*)
    Please write a subject for your message.
  1. Message(*)
    Please let us know your message.
  2. Please tick below for antispam verification (*)
    Invalid Input

Latest News

20 May 2020
Raeside Chisholm Solicitors News
Estate Agency

The Scottish Government are proposing a loan scheme to provide support for private Landlords covering 100% of the rental income from one property. 

18 May 2020
Estate Agency
The Royal Institution of Chartered Surveyors has urged the Scottish Government to give some clarity on restarting the house buying and selling process, including inspections and valuations. The RICS called on the UK Government last month to expl...
15 May 2020
Estate Agency
A research company has compiled a timeline of Coronavirus and Scotland’s property market from the introduction of social distancing measures in mid-March onwards.  This shows that although viewing and valuation requests began to slow from that p...
12 May 2020
Estate Agency
As we had indicated we believed was likely to be the case in a blog last month, we can confirm that Estate agents are reporting an increase in numbers of house hunters looking to escape the city to a rural area, as people have reached the conclusion ...
07 May 2020
Estate Agency
It is always interesting to see how different factors can affect property prices. Some data has now produced which shows that parents hoping to send their children to Scotland’s best state secondary schools face paying two thirds more for a house in ...
04 May 2020
Estate Agency
Aberdeenshire West MSP Alexander Burnett warns some movers may have bought new homes but been unable to sell their old ones before lockdown measures were introduced, and has called on the Scottish Government to introduce a grace period after lockdown...

As featured in

Latest Tweets

Connect with us

Recent Client Comments