Major City report sheds light on ‘class ceiling’ blighting financial services November 30, 2022 A major City report into social mobility has called to “break the ‘class’ ceiling” and get more people from non-professional backgrounds in boardrooms. The industry must “act now” to make the workforce more socio-economically diverse, with a lofty goal of at least half senior leaders in financial and professional services being from that background by [...]
The role of VC investors in FTX – too big to fake? November 29, 2022 CMS Law's Charlie Kerrigan picks through the levels of disbelief that FTX were able to hoover up VC cash without anyone smelling a rat.
Crypto fraud value surged 32 per cent to £226m this year November 28, 2022 Crypto fraud has surged during the tough economic climate by almost a third this year alone. More than 10,000 crypto fraud reports were made this year, a 16 per cent rise on 2021, as thousands of people were scammed. The value of UK crypto fraud surged by 32 per cent from £171m to £226m this [...]
Tycoon to provide Purton and Size with more success November 22, 2022 FOLLOWING another four-timer at Sha Tin last Sunday, the Zac Purton juggernaut rolls on to Happy Valley on Wednesday, with another seven strongly fancied rides on the eight-race programme. The superlatives are running out for the five-time reigning champ. His ride to win on Lucky Sweynesse from an outside draw in the G2 Jockey Club [...]
A little birdwatching: Are tech firms like Musk’s Twitter ready for regulation? November 16, 2022 ELON MUSK’s dramatic takeover of Twitter – complete with firing the entire management team and half the staff – has been the talk of, ahem, Twitter for the past week, as well as much of the rest of the world. It has also divided opinion amongst the most strongly politically engaged. Many on the right [...]
Financial Markets Wrap-Up November 11, 2022 Well, were at the end of another interesting week of trading. We started the week with some poor Chinese trade data, coupled with a back track on rumours from the previous week that covid restrictions would be loosened which kicked us off with a slightly negative start but the action for the week was never [...]
Ed Warner: Richard Thompson must continue bold start at helm of English cricket November 10, 2022 No deckchair shuffling for Richard Thompson. English cricket’s new leader has pretty much cleared the deck of the governing body’s directors. His kind words about departing colleagues he has barely overlapped with suggests this is a diplomat with admirable stiletto-wielding skills. Now he must hire replacements capable of backing the reset that the sport so [...]
Johnson & Johnson to face UK class action lawsuit over talc asbestos claims November 9, 2022 Johnson & Johnson is set to face a class-action lawsuit brought forward by high-profile Houston litigator Mark Lanier’s new UK-based firm. The Houston litigator’s new law firm is launching a British class-action lawsuit against Johnson & Johnson over claims the New Jersey pharma giant’s talc products caused UK customers to develop cancer. The lawsuit is [...]
Take Heart that Rock and Ho will have More class November 8, 2022 RACING enthusiasts can look forward to an uninterrupted and exciting nine-race programme at Happy Valley today. With Tropical Storm Nalgae, which caused last week’s cancellation at the city track, safely blown back into the South China Sea, bettors are still faced with some difficult puzzles to solve, although there could be some value-for-money wagers. The [...]
Richard Branson facing US lawsuit is sign of the times for the young space industry November 8, 2022 The lawsuit Richard Branson is facing in the US over claims he hid Virgin Galactic’s problems from shareholders is a sign of the times, as investors become rattled by a young market’s growing pains. The British billionaire has been accused of defrauding shareholders into overpaying for the space tourism company’s shares, a US judge said [...]