‘FCA is not fit for purpose’: Motor finance lender bosses lash out Motor finance lender executives criticised the FCA performance of this sector, telling members of the Lords that the regulator is "not fit for purpose"
Allianz Investors v Barclays: Will investors lawsuits now come to a halt? Legal The High Court handed down a major blow for UK investors after a judge struck out a chunk of a case Barclays faced, resulting in a potential close door on future investor cases
Restructured Shoosmiths see surges in complex deals with eyes set on 2030 Legal Law firm Shoosmiths has sharpened its structure over the last couple of years, resulting in the firm being one of Europe’s busiest corporate law firm
Football Governance Bill: What do lawyers think about changes? October 25, 2024 On Thursday the government reintroduced the Football Governance Bill, in what they describe as a “strengthening” of the previous attempt. Among the changes was a drop of the requirement to take note of UK foreign policy, and a development to include fans in plans to hike ticket prices and relocate stadiums. But what do top [...]
Class action boom in UK is yet another disincentive to investing here October 24, 2024 As the country holds its collective breath ahead of next week’s Budget, it’s fair to say that business confidence in the UK is lower than the Treasury might like. Last week, the Institute of Chartered Accountants in England and Wales (ICAEW) reported that business confidence had fallen to a 12-month low, while the Institute of [...]
Expansion of class action is damaging trust in UK business, think tank warns October 23, 2024 Adam Smith Institute has issued warnings that the expansion of class action lawsuits in the UK is undermining trust in businesses
British American Tobacco inches closer to settlement of multi-billion dollar lawsuit in Canada October 18, 2024 A subsidiary of London-listed British American Tobacco (BAT) revealed that it's nearing a "potential" settlement in a multi-billion dollar lawsuit in Canada
High Court: Standard Chartered Libor test case against investors kicks off September 27, 2024 Standard Chartered kicks off its legal case against a group of investors over transactions dating from the scandal-ridden Libor era
Mark Kleinman: Post Office needs a boss who can read the room September 26, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City AM column.
Litigation Capital Management profit drops but strategic plan remains on track September 17, 2024 The firm's pretax profit in the 2024 financial year dropped to AUD16.1m (£8.2m), down from AUD42.7m last year.