The Companies Bill strikes again

Margaret Hodge, the Minister currently responsible for probably the longest Bill in British history, The Companies Bill, has done it again. With no warning, business is now to be expected to publish details of their supply chain.

What on earth for? Do shareholders need this information to assess the value of the business? Or is this just another exercise to provide ammunition for the opponents of business?

What it will certainly mean is more red tape and bureaucracy for business. No wonder that the government have failed to provide an assessment of the impact of the measure on business.