Friday, 22 March 2013


Hi, here is your weekly round-up of Out-Law News highlights from international law firm Pinsent Masons.  As always, there are plenty  of other stories from this week.  You can also access our archive of weekly emails.
 

This week's highlights from Out-Law News

TMT & Sourcing and Intellectual Property 
Half of firms with BYOD policies have suffered a security breach, Dell claims
Half of Dell's customers that allow their employees to use their own technology for work purposes have suffered a security breach, the IT company has told an online magazine.
20/03/2013

Payday loans firm loses licence over identity theft loans
A payday loan company has been put out of the loans business by consumer protection regulator the Office of Fair Trading (OFT) over its failure to stop millions of pounds of loans being taken out by identity thieves.
21/03/2013


Governments should "investigate alternatives" to email to protect them from security threats
Governments and businesses should be aware of the relatively insecure nature of email, and should "investigate alternative communication channels" to protect them from security threats, an EU advisory body has said.
19/03/2013

European Commission announces crackdown on e-commerce "scams"
The European Commission is to crack down on aggressive commercial practices, which it claims are discouraging consumers from shopping with other member states online.
18/03/2013

Demand for cyber insurance up by one third in 2012, says leading broker
The number of companies insuring themselves against the consequences of a data breach or cyber attack increased sharply last year, a leading insurance broker has said.
18/03/2013

One-click app installation may not be enough to amount to personal data processing consent
Clicking on a single 'install' button to download and install a third-party app may not be enough to amount to consent from a smartphone or tablet user to the processing of their personal data, EU privacy watchdogs have warned.
15/03/2013

Tax
Reduction in corporate tax rate may not be good news for international groups, says expert
The Chancellor's announcement in the Budget that, from April 2015, the UK corporation tax rate will fall to 20% could have "a wide adverse international impact" according to Eloise Walker, a corporate tax expert at Pinsent Masons, the law firm behind Out-Law.com.
21/03/2013
Businesses to benefit from £2,000 cut to National Insurance bills
Every UK business will save £2,000 on its annual national insurance bill from April 2014, following changes announced in the Budget.
20/03/2013

Employment
House of Lords votes against Government's employee shareholder proposal
The Government's proposal to allow employees to give up some employment rights in exchange for shares in their employer has been defeated in the House of Lords.
21/03/2013

Pensions
Investment regulated pension schemes may fund commercial-to-residential conversions, says Chancellor
The Government will consider allowing special member-directed pensions schemes to invest in residential property without penalties for the first time in a bid to provide more housing.
20/03/2013

Energy
Hinkley nuclear power station planning consent a "boost to low carbon energy" says Government
The Government has granted planning consent which will allow EDF Energy to proceed with the construction of the first new nuclear power station in the UK since 1995, it has announced.
19/03/2013

Infrastructure
Chancellor's Budget once again fails to deliver on infrastructure, expert says
The Chancellor has again failed to deliver on his commitment to boosting growth through infrastructure investment, an expert has said, as the 2013 Budget allocated additional funding from 2015-16.
20/03/2013

 

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