Over 16,000 customers seeking compensation for British Airways data breach January 13, 2021 More than 16,000 people are seeking compensation from British Airways (BA) over a data breach in 2018, lawyers for the victims said today. In September 2018, the UK’s flag carrier revealed that the personal details of 420,000 customers – including names, debit and credit card numbers, addresses and email addresses – had been stolen. Now [...]
Lawyers know best: Is it time law firms left the LLP behind? March 8, 2021 Recent legislative changes have paved the way for new, alternative structures in law firms, a sector that was previously dominated by traditional partnerships and LLPs – limited liability partnerships. Alternative business structures (ABSs) – which allow non-lawyers to have a financial stake in a firm – have grown in popularity throughout the 2010s, and for [...]
Facebook sued over Cambridge Analytica data scandal October 28, 2020 Facebook is being sued over its misuse of data during the Cambridge Analytica breach, opening the social media firm up to further fines for its role in the scandal. A group action lawsuit representing 1m users in England and Wales was filed today to gain “redress and compensation for the persistent mass misuse of personal [...]
Twist review – Sky’s Dickens update is not so Artful January 28, 2021 Like Dracula and Sherlock Holmes, Oliver Twist is a character that seems to have been reimagined a number of ways over the years on the big screen. As well as the standard dramatisations of Dickens’ classic, there’s the beloved 60s musical Oliver!; animated hit Oliver & Company; and, er, a version set in the New [...]
UK directors to face fines in major overhaul of audit rules February 5, 2021 UK directors will reportedly face fines for accounting failures at their companies as part of a major overhaul of the audit sector. Long-awaited reforms, set to be published as early as next week, will place a tough new burden on bosses in an effort to improve audit standards. Directors, rather than boards, will be held [...]
Salesforce and Oracle accused of breaching GDPR in €10bn lawsuit August 14, 2020 A class-action lawsuit has accused tech giants Oracle and Salesforce of breaching EU General Data Protection Regulation (GDPR) in their processing and sharing of data for advertising purposes. Non-profit organisation The Privacy Collective, which filed the lawsuit, alleged the two companies are misusing consumers’ personal data through their third-party cookies Bluekai and Krux, which are [...]
Citypages: Books to look back and books to look forward December 17, 2021 Central Banking 101 by Joseph Wang If you did not know what yesterday’s rate rise from the Bank of England meant, this book is for you. Over the last year, words like quantitative easing have been thrown around with surprising regularity, as happened to other concepts normally relegated to the financial pages. Central Banking 101 [...]
Exclusive: City law firm chief warns Brexit may damage Square Mile’s ecosystem February 3, 2021 Since the turn of the year, London’s outward-looking legal community has rushed to adapt to the new post-Brexit arrangements. In a wide-ranging, two-part interview, City A.M. sits down with Natasha Harrison, the Chancery Lane-based managing partner of global law firm Boies Schiller Flexner, to discuss the changes that Britain’s departure from the EU has brought [...]
Binance announce two more major appointments March 25, 2021 Binance – the world’s largest cryptocurrency exchange – has announced two further big-name appointments, only weeks after handing a role to former US Senator Max Baucus.
European Super League fallout: Tottenham fans’ group calls for radical shake-up of football club ownership May 1, 2021 Club executives involved in the failed European Super League were forced to resign from advisory roles at the Premier League this week. The move was a consequence of England’s so-called ‘Big Six’ – Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur – agreeing to join a new breakaway competition which collapsed under the [...]