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Platinax Internet >> Platinax Internet News
« World economy on downturn? | Main | Greasemonkey plays havoc with web » May 17, 2005Queen's Speech on business
The Queen's speech outlined a number of major changes for businesses. A new offence of corporate manslaughter will be created to make firms more accountable for fatal accidents at work. Courts will be allowed to look at a wider range of management conduct, making it easier for them to prosecute companies if they are responsible for allowing fatal accidents to occur. At the moment it is not possible to add up the negligence of several individuals to show the company as grossly negligent, but the new offence will allow companies, rather than individuals to face manslaughter charges. Businesses are to be consulted before a reform bill to reduce corporate bureaucracy is put forward next year. The Regulatory Reform Bill will ensure that unnecessary bureaucracy is reduced so that business and enterprise is not held-back by unnecessary regulations. A bill will be reintroduced to grant necessary powers to build the CrossRail east-west London rail link. The previous bill ran out of time in the last session of parliament. Funding for the link has not yet been identified. Posted by at May 17, 2005 10:24 PM > Discuss this in the Platinax Internet business forums |
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