Brexit: UK announces plan to kill off Northern Ireland protocol, outrage and disbelief in EU capitals May 17, 2022 Foreign Secretary Liz Truss just announced the Government’s intention to introduce legislation “in the coming weeks to make changes in the [Northern Ireland] protocol”. She told the Commons: “As the Prime Minister said, our shared objective has to be to find a solution that commands the broadest possible cross-community support for years to come and [...]
Insurers need to capture the Covid-19 zeitgeist and go beyond expectations January 21, 2021 As a communications professional, you rarely want your client and the words “the Supreme Court” to appear in the same sentence. However, last week, the justices issued a 112-page judgement on the Financial Conduct Authority’s appeal asking for “clarification” on whether insurance companies were required to pay business interruption claims for companies which had been [...]
Ed Warner: Commonwealth Games has earned extra life by embracing esports February 17, 2022 If you want to win a full bore rifle shooting medal at the Commonwealth Games you’ll need a keen eye, steady hand, ability to lower and control your heart rate, thousands of hours of practice – and a host city willing to include the event. However good you might be, then, Birmingham 2022 isn’t your [...]
Tory rebellion aimed at stopping trade deals with genocidal regimes fails March 22, 2021 A rebellion of Tory MPs who were trying to make it harder for the government to sign trade deals with genocidal regimes has fallen just short. The amendment to the government’s trade bill – which would have made the government explain trade deals with potentially genocidal governments to parliament – lost by 318 to 300, [...]
RSA, Hiscox and others drop appeal against Covid-19 business interruption insurance payout rulings October 21, 2020 The appeals linked to the Resilience, Eaton Gate Retail, and Eaton Gate Pubs & Restaurants business interruption insurance policies have now been dropped.
Prince Andrew sets up company with disgraced financier accused of sexual harassment April 27, 2021 Prince Andrew has set up a company with a disgraced former Coutts banker who quit after being accused of sexual harassment. The Duke of York has gone into business with Harry Keogh, a former banker at Coutts who resigned in March 2018 following a slew of sexual harassment claims, including that he inappropriately touched young [...]
Ticketmaster handed $10m fine for hacking into rival company January 5, 2021 Ticketmaster has been slapped with a $10m (£7.4m) fine after it was charged with repeatedly hacking into the computer systems of a rival company. In court documents filed last week, the Department of Justice (DoJ) said several Ticketmaster employees used stolen passwords to access confidential information in a bid to “choke off” competition from a [...]
Independent Persons February 23, 2021 The City of London Corporation provides local government services for the financial and commercial heart of Britain, the “Square Mile.” It is committed to promoting and maintaining high standards of conduct amongst its elected members who serve the City’s residents, workers and businesses. The Corporation is currently undertaking a review of its overall governance arrangements [...]
Commercial landlords call for insolvency rules overhaul amid ‘abuse’ of CVAs January 5, 2021 The British Property Federation (BPF) – the industry group representing landlords – has called for an overhaul of UK insolvency rules, claiming the Covid-19 pandemic has prompted “abuse” of restructuring proceedings. In a letter to corporate responsibility minister Lord Callanan, the BPF said the flexibility of the UK’s insolvency framework had led to the abuse [...]
Direct Line premiums stabilise as insurance market climbs back November 10, 2020 Direct Line today posted flat trading for the third quarter as shopping habits began to recover after a decline sparked by the coronavirus outbreak. The insurance group said its total written premiums slipped a marginal 0.8 per cent to £851.5m in the three months to the end of September. The performance was primarily driven by [...]