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| Commercial News
| Bribery Act 2010
| Big Loss - Small Business!
| Changes to Retirement Legislation
| Quirky British Summers!
| Before you Travel
| Tracing Old El Insurers
| Penalty Point Cheats


 

   

Bribery Act 2010
Kickbacks and greasy palms are part of doing business, particularly in some geographies, some might argue. Over the years tales of extra 'import duty' that needs to be paid to officials at airports, excessive 'corporate hospitality' and more recently alleged cash transfers designed to influence decision-makers within the sports world have made the headlines. The U.K. has just introduced The Bribery Act 2010 (the Act) but there is concern that this broad ranging act
will restrict U.K. businesses.
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Big Loss - Small Business!
This February, Cotswold Geotechnical Holdings (CGH) became the first company to be sentenced under the new offence of Corporate Manslaughter. It has been fined £385,000 after being found guilty by a jury at Winchester Crown Court; an employee died when an unsupported trench collapsed in on him while he was taking soil samples.
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Changes to Retirement Legislation
The law which allows employers to retire their employees at 65, the default retirement age, without giving reason, is being removed on 1 October 2011. Employers are no longer able to dismiss staff just because they have reached the age of 65.
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Quirky British Summers!
With British Summertime well and truly here, businesses and organisations are reminded of the importance of managing the additional liability risks associated with hosting an outdoor event.
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Before you Travel
Don't forget to check for travel warnings on the Foreign & Commonwealth Office (FCO) website; it lists countries and regions to avoid for your own safety. Many travel insurance companies will not cover you if the area has an FCO Travel Warning issued against it, so to be certain, visit www.fco.gov.uk to check.


Tracing Old El Insurers
Historically individuals who wanted to make a claim against a former employer in relation to injury or disease caused during their employment may have run into difficulties. This was largely due to the nature of industrial disease, such as asbestosis, which can take many years to show symptoms, by which time past employers may not be able to trace who was their Employers' Liability (EL) insurer at the time.
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Penalty Point Cheats
In the U.K. there are over 40 million people* with a full driver's licence. Many of them drive for a living or as part of their working day. Employers have a duty of care to ensure their employees are competent to drive and this will start with simple checks on their licences. The question is though, how do you know that the licence you are checking as an employer is legal, full, accurate and up-to-date?
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Dickson and Co is a trading name of Dickson and Co (NI) Limited which is registered at 54 Dromore Road, Omagh, Co Tyrone BT78 1RB with number NI072179. Authorised and regulated by the Financial Conduct Authority in the United Kingdom and regulated by the Central Bank of Ireland for conduct of business rules. We are covered by the Financial Ombudsman Service. You can find out more at www.financial-ombudsman.org.uk