The cost of defending a directors and officers (D&O) claim has the potential to run into six figures, and on top of this there are government penalties and reputational damage to factor in. For this reason, it is vital that businesses take steps to understand the risks faced, and ensure they are covered in the event of a claim.
Between January and December 2020, Action Fraud received 694 reports of ‘ghost broking’, up 10 per cent on 2019. With the City of London Police issuing stark warnings about the dangers of ghost broking, and the risks for the policyholder very serious, it is important to be fully aware of just what this phenomenon is all about.
If you are finding it a challenge to manage and support home working staff, you are by no means alone. Thankfully, there is a variety of resources and advice on offer to help you. Because it is important to recognise that whilst your homeworkers need support, you do too.
The Brexit transition period will end on 31 December 2020, which is just a few weeks away. There will be no extension to this deadline, even though the government is still in negotiation with the EU. For businesses, there is a lot to do, so it’s important to take steps to get organised now. Read on for helpful advice and resources.