Diamond fraud trial of Only Way is Essex star collapses after ‘litany’ of CPS failings October 15, 2021 A £3m diamond fraud trial involving The Only Way is Essex star Lewis Bloor has collapsed after a “litany” of Crown Prosecution Service (CPS) failings in the disclosure of evidence. Prosecutors claimed around 200 victims, many of whom were elderly, were conned after being convinced to buy coloured stones at a 600% mark up. Bloor, [...]
Libor rigging special: Calls grow to review all convictions of City traders as ‘UK’s position is absurd’ October 31, 2022 A major City scandal that most bankers in London had left behind years ago seems to be coming back with a vengeance. In a new twist in one of the Square Mile’s biggest-ever scandals, the Libor rate-fixing case, British former trader Tom Hayes has had the long-running case against him in the United States thrown out. As [...]
Greensill Capital: The financial scandal that just won’t go away July 5, 2021 On Friday, it was announced that Credit Suisse will pay out a further $750m to backers of its Greensill-linked supply chain finance funds. Thus far, the lender has clawed back $6.1bn of the $10bn of its funding supported by collapsed supply chain finance firm Greensill Capital, up $200m on its previous update. The news follows, [...]
‘Snotty tweets’: Amazon clashes with Elizabeth Warren over taxes and unions March 27, 2021 Amazon has become embroiled in a rare public row with US senator Elizabeth Warren over issues including its tax and employment practices. The dispute kicked off on Thursday when the Massachusetts senator posted a video accusing Amazon of “exploiting loopholes and tax havens to pay close to nothing in taxes”. The ecommerce giant replied saying [...]
Deloitte Legal acquires London tech and digital media law firm November 3, 2020 Deloitte Legal will acquire technology and digital media law firm Kemp Little, adding 29 partners and up to 57 lawyers in the process.
Square Mile’s largest employers embrace hybrid working, the details May 8, 2021 The majority of the largest employers in the City of London have vowed to continue with some sort of hybrid approach to working, after pandemic-led restrictions forced the biggest home working experiment in history. With Covid-19 cases falling and millions of people successfully vaccinated, staff are trickling back into London’s offices, and companies are turning [...]
Virtual law firm FisherBroyles: 2020 has been ‘the best year on record’ November 12, 2020 International virtual law firm FisherBroyles has been unwittingly preparing for the coronavirus pandemic for nearly 20 years. Founded in 2002 following the burst of the dot-com bubble, FisherBroyles is a full-service international law firm that operates – and indeed has always operated – virtually. Where the Covid-19 pandemic left many business leaders scratching their heads [...]
Firms must stop using NDAs to cover up harassment, say MPs June 11, 2019 The government must prevent non-disclosure agreements (NDAs) being used to cover up unlawful harassment or discrimination, a group of MPs said today. A report by the women and equalities Committee found some companies were now routinely using NDAs in employment disputes. Committee chair, Maria Miller MP, said: “The current use of non-disclosure agreements in settling [...]
No plans to return to the office for millions of workers August 26, 2020 There are no plans for millions of public and private sector workers to return to the office. A survey of 50 large employers by the BBC found none of them had plans to return all staff to the office full-time in the near future. Twenty firms have reopened their offices for staff unable to work [...]
Brexit exclusive: UK-Norway trade deal close to collapsing as Christian-Democrats block pact to protect farmers from British beef and cheese May 24, 2021 A comprehensive free trade deal between the UK and Norway is at risk of collapsing as the Christian Democrat party fears such a pact would hit farmers in Scandinavia’s richest country too hard. The Christian Democrats party (Krf), part of the current coalition government, plans to block opening up the Norwegian market to British beef [...]