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From 1 August 2012, energy companies must obtain shareholder approval for their price proposals, including changes and supplements, before submitting them to the Office for Regulation of Network Industries for approval.

From 1 October 2012, subsidiary companies will no longer need to have their annual accounts audited provided that, among other things, their parent company agrees to guarantee all liabilities of the subsidiary that are outstanding at the end of that financial year.

When China’s Ministry of Commerce ("MOFCOM") approved Pfizer’s $68 billion acquisition of rival pharmaceutical company Wyeth in last September, the Chinese anti-trust authority for the first time applied business divestiture as a structural remedy in its merger control review.

Forgery and impersonation have always been a threat to commerce and government.

The Bribery Act came into force just over a year ago, amid much fanfare and media speculation. Some said it went too far and would stifle business, others said it did not go far enough.

The Agency Workers Regulations 2010 come into force on 1st October.

The Construction (Design and Management) Regulations 2007 are to undergo re-drafting by the HSE and reissue during the course of 2014.

HMRC has announced that the extension of Statutory Maternity Pay, Maternity Allowance and Statutory Adoption Pay to 52 weeks, and the introduction of Additional Paternity Leave and Pay, has been delayed.

At the Conservative Party Conference today George Osborne announced that the Government intends to make it "much less risky for businesses to hire people".

The Health and Safety Executive (HSE) has served an Improvement Notice in relation to a cooling tower at Wheatfield Road, Edinburgh for allegedly failing to adequately control the risk of legionella.

The EMI individual limit increase from £120,000 to £250,0000 announced in the 2012 Budget will come into effect on 16 June 2012.

We sent out a Law-Now last week with details of the increase in a week's pay for statutory redundancy from £350 to £380.