Does anyone know whether being a Director of two competing companies in an identical industry (Even in the same city)is illegal? (Not me!) I know the contractural position of this but was wondering in a UK law capacity.
It's completely legal - why did you think it wouldn't be?
I was unsure as to whether it made a difference depending on the industry (In this case supplying confidential data analysis to Armed services) or it was a blanket rule across all areas of business.