The corporate aspects of Law Commission’s consultation paper on digital assets September 21, 2022 Elliot Cowan and Mumuksha Singh of law firm CMS examine the Law Commisssion's proposals for digital assets.
Petition to unseat Dominic Grieve reaches 10,000 signatures ahead of Plan B amendment January 21, 2019 A petition calling for the deselection of MP Dominic Grieve has reached 10,000 signatures amid claims he is trying to “overturn” Brexit through an amendment to May's Brexit deal. The online petition calling on the Tory party to unseat Grieve, launched seven months ago, has seen a surge in support amid a parliamentary deadlock over Brexit. [...]
Thomas Cook share price drops after agencies cut credit rating May 23, 2019 Thomas Cook's share price has nosedived by nearly six per cent after two agencies downgraded the troubled travel agency into the lowest credit category. Fitch and S&P Global both slashed the firm's rating to a CCC+, meaning they both doubted the group's ability to pay its debt if the sale of its airline did not go [...]
888 targets US expansion as it buys All American Poker Network from joint venture partner Avenue OLG Entertainment for $28m December 11, 2018 Online gambling company 888 has bought out the remaining half of All American Poker Network (AAPN) for $28m (£22.26m), it announced today. 888 acquired 53 per cent of the US gaming site from its joint venture partner Avenue OLG Entertainment and other minority shareholders. The deal will allow London-listed 888 to strengthen its position in the US [...]
HS2 ‘ignored concerns’ about winning bidder for £1.3bn Old Oak Common contract April 21, 2019 HS2 ignored warnings about a contractor’s ability to build a key station before awarding it the £1.3bn tender, according to a High Court claim. HS2 acknowledged a joint venture between Balfour Beatty and Vinci was “severely under-resourced [and] a real risk to the safe and timely completion and handover” of the crucial Old Oak Common station [...]
Government in negotiations for ‘Covid variant vaccine’ June 2, 2021 The Government has entered negotiations to secure a “variant vaccine” adapted to tackle the variant first identified in South Africa, Health Secretary Matt Hancock said this afternoon. In a speech delivered at the Jenner Institute in Oxford, Hancock said: “There is yet more to do, the work isn’t over yet – we’re still procuring all [...]
Playtech stabilises Asia gaming sales after dramatic summer slowdown November 12, 2018 Online gambling software supplier Playtech stuck to its most recent full-year forecast today, as sales in Asia stabilised. The FTSE 250 group said earnings before interest, tax, depreciation and amortisation (Ebitda) should hit between €320m (£279.2m) and €360m for 2018. The firm progressed in line with expectations in its B2B gaming division, the update for the second half of 2018 said, [...]
Hong Kong horse racing betting tips: Bullish Brother set to Cruz to victory at Valley June 26, 2019 HONG Kong racing returns to Happy Valley this afternoon after a week of respite to allow the grass to grow. Local racing fans weren’t short of excitement last week though, with Royal Ascot televised live throughout the territory. The Hong Kong Jockey Club had devised a worldwide betting pool which saw tote pools from ten [...]
Independent cafe chain loses £250,000 from disposable cup ban April 2, 2019 Bristol-based cafe chain Boston Tea Party (BTP) lost £250,000 in takeaway coffee sales after it banned disposable cups from its stores, the company confirmed today. The cafe made headlines last June when it banned single use coffee cups in its 21 branches in England, thought to be a first for a UK chain. Read more: The rubbish [...]
Barclays boss feared payments to Qataris could be seen as a ‘bung’ January 30, 2019 A Barclays boss feared that fees paid by the bank to Qatari investors might be see as a “bung”, a court was told today. Richard Boath, one of four former Barclays executives charged with conspiracy to commit fraud, told investigators two advisory services agreements (ASAs) that form the crux of the Serious Fraud Office’s (SFO) [...]