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Mercedes Unveils First Tesla Rival in $12 Billion Attack

George Rosevear

By Christoph Rauwald, Bloomberg   Mercedes-Benz, the world’s largest maker of luxury cars, is rolling out its first in a series of battery-powered models, adding to a growing array of high-end brands targeting Tesla Inc. The Mercedes EQC crossover starts production in the first half of next year, part of a plan to develop its EQ electric line, Daimler AG Chief Executive Officer Dieter Zetsche told reporters in Stockholm at the model’s world premiere. The company intended to invest 10 billion euros ($12 billion) in its electric-vehicle push but has ended up spending “more than that,” he said Tuesday, without...

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Welcome to our new practice website

George Rosevear

George Rosevear & Mary Talbot-Rosevear, partners of G H W Rosevear & Co., welcome you to our new website. We have broken down our range of services and chosen to give a fair level of detail about each offered. Frequently, as many clients are already aware, you can avail yourself of multiple services across several disciplines. In addition, we are able to utilise the content of our professional bodies’ libraries and publications to post articles about the latest developments and news  in Accountancy, Taxation, Corporate Governance and our various Legal and Property Management services. We hope that existing clients may find...

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The Governance Institute: Standing Apart - The role of the Company Secretary

George Rosevear

Maintaining independence is core to the role of the company secretary Although the role of the company secretary varies significantly according to the peculiarities of each organisation, there is one thing that all company secretaries share. This is being positioned at the centre of an often complex web of overlapping and sometimes conflicting priorities. How then to remain independent, objective, even dispassionate, perhaps, in such circumstances. Being pulled in many different directions simultaneously is becoming the primary occupational hazard of the company secretary, one which speaks to the increasing breadth of their responsibilities and the frequent urgency of the timescales...

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UK set to publish plans for EU citizens post-Brexit

George Rosevear

LONDON (Reuters) - Britain will outline its plans on Thursday for new immigration rules for European Union citizens living in the United Kingdom after Brexit as it calls on the bloc to give more details about its own proposals for British nationals. The Home Office (interior ministry) said it would announce in parliament more details of the UK’s settlement scheme, due to be phased in later this year, which will allow EU citizens and their families living in Britain a new UK immigration status. “Publishing details of how we will administer our settled status scheme shows we are honouring the...

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BREXIT - £1000 per household per year?

George Rosevear BBC Brexit BREXIT cost

Brexit barriers could cost households £1k each, report argues Kamal Ahmed BBC Economics editor @bbckamalon Twitter Households could be left up to £1,000 a year worse off because of Brexit trade barriers, a report will suggest. Image copyright AFP Global consultancy firm Oliver Wyman will say that under the most negative scenario of high import tariffs and high regulatory barriers the cost to the economy could total £27bn. Business profits for supermarkets and restaurants could be wiped out because of supply chain disruption. A rise in costs would likely be passed on to consumers, the report will argue. The analysis, to be published next week...

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