The British Health and Safety Executive (HSE) are putting in motion plans that will change Britain's role in world manufacturing, for better or for worse. In its annual report, HSE proudly announced that they had removed 84 per cent of their regulations without compromising on safety. Depending on how you interpret the statistics, this has either made the UK a much stronger player in international trade or has taken the UK two steps backwards.

Many ERP customers, with their installations getting long in the tooth, are considering canceling their vendor maintenance agreements, some of which can run into the millions or tens of millions of dollars.

A few years ago, the OECD embarked on a multiyear effort to create an international tax framework that closes perceived gaps in international tax rules. This includes combating base erosion and profit shifting (BEPS) to ensure companies pay their "fair share" of taxes. Many of the BEPS Project's action items are expected to be finalized later this year.