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Retail, Food, and Hospitality Regulatory Update 6 January

09 January 2019
Retail, Food & Retail Regulatory round-up w/e 6 January. Carrier bag charge, farm inspection, and executive pay.

Important Updates

Advertising rulings: The Advertising Standards Authority has rejected a complaint about welfare standards claims made in advertising for Assured Food Standards and upheld a complaint re price reduction claims for ‘Better Bathrooms’ on the basis of lack of substantiation. View >

 

Harmful gender stereotyping in advertising to be banned: The Advertising Standards Authority has issued revisions to the UK voluntary advertising codes to prohibit the use of harmful gender stereotyping in advertising from 14th June 2019. View >


Carrier bag charge to be doubled and extended to all retailers: DEFRA have issued a consultation on doubling the carrier bag charge from 5p to 10p from 2020 and extending the requirement to charge to smaller retailers – Responses by 22nd February. View >

Outcome of farm inspection and regulation review published: The report of the independent review by Dame Glenys Stacey has been published together with the DEFRA response. View >

 

Executive pay and corporate governance reporting: Greg Clark Secretary of State for Business, Energy and Industrial Strategy has highlighted coming into force of the Pay Ratio Regulations which require UK listed companies with more than 250 employees to disclose annually commencing 2020 the ratio of their CEO’s pay to the median, lower quartile and upper quartile pay of their UK employees. The regulations also require large companies to report on how their directors take employee and other stakeholder interests into account and require large private companies to report on their corporate governance arrangements. View >

View the full update

 

Interactive snapshot: consumer behaviour in 10 key global markets

Today's global economy has given rise to increasingly global trends, consumers shopping across borders both on and offline, and a requirement for retailers to deliver a truly global supply chain. Understanding the global consumer and what they want from retail is imperative in a rapidly internationalising sector.

Our new article compares challenges and opportunities in key global retail markets. 

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