Exclusive: Utilita Energy boss loses confidence in Ofgem after public warning July 18, 2022 Utilita Energy's no longer has confidence in Ofgem, after it criticised the supplier over its handling of direct debit payments.
Taste the rainbow: Skittles ‘unfit for human consumption’, lawsuit claims July 17, 2022 Lawyers have claimed that Skittles are “unfit for human consumption”, alleging that the sweets contain a toxin called titanium dioxide. A lawsuit filed late last week in a northern California federal court against Mars Inc has sought class-action status. Skittles fans are “at heightened risk of a host of health effects for which they were [...]
Exclusive: UK becomes Europe’s leading jurisdiction for class-action lawsuits July 12, 2022 The introduction of “opt-out” claims has seen the UK become the leading jurisdiction for European class action lawsuits, according to new figures from law firm CMS, which show that more than half (54 per cent) of all class action lawsuits filed in Europe over the past five years were filed in the UK. The UK [...]
Lawyers gearing up for ‘wave of litigation’ due to crypto crash: Furious Brits expected to claim losses back July 10, 2022 The collapse in the value of crypto is likely to lead to a raft of claims from UK investors who believe they have lost considerable sums of money after being mis-sold cryptocurrencies, lawyers have told City A.M. today. Mis-selling claims may arise in cases where cryptocurrencies were marketed as a low-risk investment, yet subsequently dropped [...]
Royal Mail chairman says firm is at ‘crossroads moment’ as it balances union action with productivity woes July 10, 2022 Royal Mail chairman Keith Williams has said unions can't expect a no-string pay deal "where nothing changes", as the company tries to balance dwindling productivity alongside rising union tension.
EP: 145 Newmarket, York, Ascot & Hong Kong July 8, 2022 The Group 1 July Cup at Newmarket heads the list of first class racing this weekend. The Summer Mile is Ascot’s feature race with York staging a handful of competitive handicaps to complete a busy afternoon of flat action. Hugo Palmer has supplemented Flaming Rib for the July Cup and we hear from him on [...]
HSBC responsible investment chief quits over climate comments controversy July 7, 2022 The global head of responsible investing at HSBC Asset Management revealed he had resigned today after sparking a furore in May with a speech that played down the risk of climate change and slammed “shrill, partisan” climate warnings.
Moreira trying to remain One Step Ahead of Purton July 5, 2022 PUNTERS face a dilemma when racing gets under way with a nine-race programme at Happy Valley today. Hong Kong racing normally takes place on a good or fast surface, but that has all changed in the past month. The monsoon season seems to have arrived early in the territory, with tropical cyclones, thunderstorms and heavy [...]
‘I’m left wondering what price The Hundred franchises could one day fetch’ June 30, 2022 “What does Ed Warner know about tennis?” What indeed? My critique last week of the Lawn Tennis Association’s performance drew this feisty query in the Sport inc. comment section from Tom (no surname provided). It also garnered a response column in City A.M. from the LTA’s CEO, Scott Lloyd. Both Tom (no surname provided) and [...]
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, [...]