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en/uk-govt-retreats-on-requirement-for-companies-to-produce-operating-financial-review-investors-trade-unions-ngos-criticise-the-move#c37015

Brown plan to cut red tape for business provokes chorus of disapproval [UK]

Author: Jill Treanor and Mark Milner, Guardian [UK], Published on: 29 November 2005

...the [UK] chancellor pledged to strike out plans to implement the so-called operating and financial review (OFR) - a requirement on stock market-listed companies to provide much more information to the public about the impact of their businesses on the environment and society at large...[the decision has led to] criticism from an unlikely alliance of business leaders, City investors, trade unions and green activists.

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