Qatar emerges as front runner in talks for £4bn Selfridges October 18, 2021 The Qatar sovereign wealth fund has been revealed to be a front runner in the £4bn takeover race for the iconic Selfridges. It was reported this summer that the Westons – the billionaire family behind the department store chain – had launched a formal sales process after an approach. Now, The Mail on Sunday has [...]
Opinion-in-brief: London investors need to broaden their horizons October 7, 2021 Britain has a world reputation for innovation and industry, founded on capabilities and expertise across its regions. London is the political and financial centre of the country, but whether it’s media in Manchester, or motorsport in the Midlands, the regions host many world-leading businesses. Venture capital has a key role to play in realising opportunities [...]
UK data watchdog fines Tuckers Solicitors £98,000 after hacker leaked legal papers onto dark web March 10, 2022 The UK government’s data regulator has fined London headquartered law firm Tuckers Solicitors £98,000 for failing to properly look after its clients data, after a cyberattack saw almost a million legal documents stolen and leaked onto the dark web. The UK government’s Information Commissioner’s Office (ICO) said the criminal solicitors firm – which has offices [...]
Sunak’s reshuffle: Shapps, Badenoch, Hands and Donelan in new cabinet roles after Zahawi’s sacking February 7, 2023 Prime Minister Rishi Sunak has appointed Greg Hands, a former trade minister, as the chair of the Conservative party after Nadhim Zahawi was sacked last month. The Department for Business, Energy, Industry and Strategy has also been broken up into two separate bodies. Grant Shapps, the former Business Secretary has been appointed Secretary of State [...]
Angry rail workers stage protests at stations across London and other cities as job cuts loom March 9, 2022 Rail workers are staging protests outside train stations to warn about the impact of job cuts on services and safety. Members of the Rail, Maritime and Transport union (RMT) handed out leaflets to commuters on Wednesday at stations in London, Bristol, Birmingham, Manchester and Leeds warning that despite the recent increase in fares, rail companies [...]
Cool runnings: Bobsleighing royals William and Kate are an absolute hit in Jamaica March 23, 2022 When William clambered into the training sleigh during a visit to Bob Marley’s old Kingston neighbourhood of Trench Town, Kate did not hesitate and jumped in behind him. Yesterday, the Duke and Duchess of Cambridge tried out a bobsleigh made for two under the watchful eye of Jamaica’s latest Cool Runnings team. Chatting to women [...]
Chelsea sale: Sir Jim Ratcliffe bid ‘rejected out of hand’ by Roman Abramovich’s bankers May 4, 2022 Sir Jim Ratcliffe’s bid for Chelsea has been “rejected out of hand”, according to senior figures at his business the Ineos Group. The British petrochemicals billionaire made an 11th-hour offer for the Premier League club last week which comprised £2.5bn plus a commitment to invest a further £1.75bn. But Ratcliffe has indicated that he is [...]
DWF CEO Sir Nigel Knowles says big pay rises are not a solution to legal sector’s recruitment crisis February 14, 2022 Sir Nigel Knowles, the former Co-CEO and co-chairman of DLA Piper, has said that offering young lawyers huge pay rises will not fix the legal sector’s recruitment crisis. In a letter to the Financial Times, Knowles said “offering more and more money to young people is only a sticking plaster” as he argued law firms [...]
High Court blocks barrister’s appeal against six-month suspension for making lewd comments to woman on mini-pupillage January 25, 2022 The High Court has rejected an appeal put forward by a criminal barrister from Manchester against a decision to suspend him from practice for six months for making inappropriate comments to a woman he had brought into his office on work experience. Criminal barrister Michael Kearney was suspended from practice for six months, in March [...]
Trevor Steven: The method in Chelsea’s transfer madness – and why Todd Boehly is still taking a massive gamble January 31, 2023 Chelsea’s transfer strategy has been fascinating to watch since Todd Boehly’s consortium bought the club from Roman Abramovich last year. From the outside, the signing of more than a dozen new players for an outlay of around half a billion pounds in transfer fees looks like a scattergun approach. But I can’t imagine for one [...]