Tag Archives: simon walker

IoD cautions against regulatory backlash over ENRC and Bumi allegations

It has been reported this weekend in the Financial Times that the UK Listing Authority is planning to introduce new listing rules for companies with controlling shareholders. According to the report, these measures will include: An obligatory requirement for a majority of the board to be independent non-executive directors; A new dual voting procedure which…

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Government shows poverty of ambition in Queen’s Speech, says IoD

Commenting on the Queen’s Speech, Simon Walker, Director General of the Institute of Directors, said: “The Government has lost its last chance to introduce legislation to unleash business before the next election. The National Insurance cut announced at the Budget will reduce the cost of employing staff for small businesses and the flat-rate state pension…

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Government ‘dithering’ is holding back vital infrastructure upgrades

Commenting on a report released today by the Public Accounts Committee, criticising the credibility of the Government’s plans to update the UK’s infrastructure, Simon Walker, Director General of the Institute of Directors, said: “The UK’s infrastructure is in dire need of an upgrade, but government dithering is holding back urgent improvements. For schemes that need…

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IoD Director General welcomes scheme to encourage employee shareholding

Last night the House of Lords voted in favour of the so-called ‘Rights for Shares’ scheme, under which employees will be able to waive some employment rights in exchange for capital gains tax-exempt shares in the company. Welcoming the development, Simon Walker, Director General of the Institute of Directors, said: “It is good news that…

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IoD comments on benefit cap

The Government has today introduced in four London boroughs a cap on the amount of welfare payments a household can receive, set at £500 per week, with the intention to roll-out the policy nationwide later in the year. Commenting, Simon Walker, Director General of the Institute of Directors, said: “The benefits cap establishes a sensible…

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