Markets
London - The FTSE 100 is currently 10.28 points higher at 5,170. Man Group rallies 6.3% after a trading update. As a result Oriel Securities have upgraded the stock to Buy from Hold. Smiths Group jumps 5.25% after positive full year results. Following broker upgrades, Legal & General and Sage climb 5.4% and 3.1% respectively. On the downside, Marks & Spencer slips 1.3 after its second quarter trading statement.

Posted: September 30th, 2009 under Asset Management.
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Last week the Attorney General, Baroness Scotland, was fined £5,000 after employing a housekeeper who was not legally allowed to work in the UK. The Attorney General claims to have checked the employee’s passport, but admitted not taking a copy of it.  However, the housekeeper now claims that the Attorney General did not see her [...]

Posted: September 29th, 2009 under Employment/HR.
Comments: none

Employers running businesses where noise is an issue may now face claims from employees dating as far back as 1978 following a recent Court of Appeal ruling in the case of Baker –v- Quantum Clothing.
Quantum Clothing was found liable for the deafness of a former employee following a detailed consideration of the case by the [...]

Posted: September 29th, 2009 under Business Advisory Services, Business Regulation, Miscellaneous.
Comments: none

In recent times there has been a distinct change in the emphasis by investigating authorities such as the Serious Fraud Office and Financial Services Authority. The draft Bribery Bill was laid before Parliament in March of this year and will doubtless be joining the plethora of other statutes covering business activities in due course. [...]

Posted: September 29th, 2009 under Business Advisory Services, Business Regulation.
Comments: none

Markets
London - The FTSE 100 is currently 7.03 points lower at 5,158.67. Tui Travel tops the fallers’ board, down 2.1%, following news of a number of financing measures that will help its TUI Travel unit to refinance the shareholder loan given by TUI. Anglo American loses 1.7% after Societe Generale cut the stock from Buy to Hold. Compass Group is one of the top performers, up 3.6%, after a positive fourth quarter trading update.

Posted: September 29th, 2009 under Asset Management.
Comments: none