70 per cent drop in cartel whistleblowing to CMA since 2018 should cause ‘concern’ September 17, 2023 The UK’s competition watchdog should be concerned by a 70 per cent drop in whistleblowing on illegal cartels in the last five years, top lawyers have said. A freedom of information (FOI) request from law firm RPC showed the staggering drop in reporting, down from 1,442 calls in 2017 to just 427 in 2022, City [...]
Retailer insolvencies jump to higher level than pandemic as brands buckle under economic pressure July 3, 2023 A squeeze on shoppers’ finances has increased the number of retailers being plunged into hot water, new research shows, as the cost of living crisis continues to decimate businesses. As inflation sits at a sticky 8.7 per cent, the number of retailers entering insolvency jumped 56 per cent in the past year, according to figures [...]
British celebrities vs HMRC IR35: What is going on? July 4, 2024 Yet another famous name has been in the headlines this past few weeks over issues with the tax authority over IR35. So what exactly is happening to British presenters and why is HMRC after them?
Prince Harry drops libel cases against Mail on Sunday publisher January 19, 2024 The Duke of Sussex has withdrawn his High Court libel claim against the publisher of the Mail on Sunday. He sued Associated Newspapers Limited (ANL) over a February 2022 article about his legal challenge against the Home Office following a decision to change his publicly funded security arrangements when visiting the UK. The duke’s lawyers [...]
Barclays, NatWest and HSBC increasingly targeted by litigation funders in wave of class-action lawsuits January 9, 2023 The UK’s top banks are increasingly being targeted with class-action lawsuits as litigation funders back claims against some of Britain’s largest lenders in their pursuit of high returns. Banks listed on the FTSE 100 index are currently facing at least 109 class-action lawsuits in multiple countries around the world, according to analysis by law firm [...]
Frasers boss Mike Ashley drops £50m lawsuit against Morgan Stanley May 3, 2024 Mike Ashley has dropped his £50m lawsuit against US bank Morgan Stanley, after nearly three month since the trial concluded
Professional negligence trial against City firm Clyde & Co kicks off March 11, 2024 The trial for a businessman’s $88m lawsuit against his former legal team from Clyde and Co along with two XXIV Old Buildings barristers gets under way at the High Court. As one legal judgment noted, Riad Tawfiq Al Sadik is a “very wealthy” businessman that owns the largest construction and engineering company in the United [...]
CMA targets fashion industry over ‘greenwashing’ concerns June 27, 2022 The CMA is going after fashion brands responsible for “greenwashing” with a plan to “name and shame” the worst offenders. The fashion sector made up about a quarter of complaints received by the Competition and Markets Authority over false or misleading environmental claims, called greenwashing, according to research by law firm RPC. The CMA is, [...]
MPs in legal row today: Matt Hancock seeks to strike out Andrew Bridgen’s libel claim March 1, 2024 The expelled former Tory MP Andrew Bridgen is set to face off the ex-health minister Matt Hancock MP at the High Court today over his libel claim. The legal battle between two independent MPs that have both had the Tory whip suspended from them, started over a tweet Hancock sent on X back in January [...]
Crispin Odey files defamation lawsuit against the Financial Times May 30, 2024 Crispin Odey has launched legal proceedings against the FT according to court filings.