Network Rail avoids suspension of contract during dispute

Network Rail has succeeded in lifting the automatic suspension of a £1.8 billion contract for the delivery of a digital train control system. The issue arose after it invited tenders to install the European Train Control System (ETCS), a common digital signalling and control standard adopted by the EU to improve interoperability between railways in

Tighter rules against money laundering come into effect

Companies that come under anti-money laundering legislation must now report certain irregularities to Companies House. The Fifth Anti-Money Laundering Directive (5MLD) came into effect on 10 January. It obliges businesses to tell Companies House if there’s a discrepancy between the information they hold about a beneficial owner and information on the Companies House People with

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