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World Equities News Equities Org UKMortgages, insurance, and loans for the self-employed and students Equities Org equities news has moved! How to quickly sell your house London equity markets make small gains Eurofirst highest since May 2002 Eurofirst makes small gains as Xetra Dax down Eurofirst slightly higher as elections approach London strong on double witching hour NYSE sees little movement on investor caution European equities investors worried by elections NYSE equities down on economic data Nikkei down on post-election profit-taking Nikkei down on post-election profit-taking Economic concerns hit Eurofirst and Xetra Dax Japanese elections boost Tokyo indices Xetra Dax sees fall in Allianz Utilities focus on FTSE Dow Jones sees little movement Analysts suggest Katrina will stimulate economy Investors settled by Japanese polls Banking and utilities see gains on Eurofirst FTSE makes small gains on mergers Investors consider construction boom after hurricane Investors wait in Sunday's election Eurofirst drops from 38-month highs UK Equities down despite monetary policy decision London FTSE makes only small gains Investors consider Katrina economy impact FTSE gains to three-year high |
28/07/05Companies may face Anti-Social Behaviour OrdersThe UK’s Environmental Agency, which currently regulates chemical companies, power plants, and waste disposal companies, has said that it is considering prosecuting retailers if the businesses which supply them produce illegal waste. In a report published Thursday, the agency said that it is prepared to prosecute even businesses it does not directly regulate and will hold them accountable for the environmental performance of those companies they get their products from. These retailers would be liable even if they produce no waste themselves. In addition, the agency is looking to impose harsher sanctions on violators, even to the point of seizing equipment used in their operations and using anti-social behavior orders (Asbo), introduced in 1999 as a way to fight petty crime, to restrict businesses from engaging in one specific activity. In one 2004 case, an Asbo was used to stop a business owner from burning his customers’ waste. Friends of the Earth has welcomed the use of Asbos in environmental enforcement. The Confederation of British Industry, the UK’s largest employers’ group, has however said that a distinction needs to be made between deliberate violators and businesses with good records on the environment that just made a mistake. The CBI warns that the agency’s broadening of its focus beyond the pursuit of companies that flout environmental rules will cause it to stretch its resources too thinly.
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