UK pensions regulator puts dampener on crypto as US funds dip their toes May 5, 2022 The UK pensions regulator has dampened hopes that British pension schemes may follow US counterparts into crypto investment today, claiming that fund managers should not “speculate” with savers’ cash.
Letters: London must wash itself clean April 28, 2022 [Re: Eversheds Sutherland strikes deal with Russian ‘relationship firm’ – made up of ex-employees, yesterday] London is the world’s pre-eminent city for business, but Russia’s illegal invasion of Ukraine has forced British firms to consider their dealings with Kremlin-linked individuals, companies, and organisations. London’s label as a laundromat for questionable funds – Russian and otherwise [...]
The City View: August CEO Mélie Dunod on rethinking holiday home co-ownership April 27, 2022 Today Andy Silvester talks to Mélie Dunod, CEO and co-founder of holiday home co-ownership firm August. She talks us through the company’s inception; why their equity purchase model allows for better and more transparent co-ownership; and the post-Covid re-examination of lifestyle purchases. And in the news: law giant Eversheds Sutherland has re-entered Russia, striking a [...]
Eversheds Sutherland strikes deal with Russian ‘relationship firm’ – made up of ex-employees April 27, 2022 Law giant Eversheds Sutherland has entered into an “exclusive” relationship with a newly-formed Russian law firm consisting entirely of its former employees just weeks after vowing to cut links with Russia in response to the country’s invasion of Ukraine. The London law firm said all of its Russian lawyers had transferred to its newly launched [...]
Digital Minister pushes UK tech as sector sails past $1tn valuation March 29, 2022 Digital minister Chris Philp has called today for UK institutional investors to step up and back homegrown tech firms, as government mulls a number of changes to regulation which could unlock a wave of investment from insurance and pension funds.
Magic Circle law firm Allen & Overy set to wind down Moscow offices March 10, 2022 Magic Circle law firm Allen & Overy has joined its Magic Circle rivals in vowing to wind down its Moscow office, as law firms from across Europe and the US pile out of Russia. Allen & Overy’s decision to wind down its Russian operations comes after the firm first opened its Moscow office in 1993. [...]
Eversheds Sutherland pledges to fully exit Russia as law firms face pressure to cut ties March 9, 2022 Anglo-American law firm Eversheds Sutherland has said it will completely cut its ties to Russia, as law firms face mounting pressure to sever all links they have to the country in response to Russia’s invasion of Ukraine. In a statement, Eversheds said the firm had decided that it will “no longer have a presence in [...]
Eversheds Sutherland matches rivals after upping pay for new lawyers to £95k February 15, 2022 Eversheds Sutherland’s has given newly qualified lawyers in its London offices a 15.8 per cent pay rise after upping their salaries to £95,000 a year. The firm also said it will give lawyers in the rest of its UK offices a 24 per cent pay rise, which will see their salaries increase from £50,000 to [...]
When in Rome (or Paris), while in your bedroom: the metaverse of the high street February 14, 2022 When Topshop announced they were pulling out of their flagship Oxford street shop last year, the fatalistic chatter about the end of the high street gathered colossal momentum. The store was eventually snapped up by Ikea, for £378m, but another hole was left in its wake, with House of Fraser closing down too. Despite this, [...]
UK needs laws for self-driving cars, government bodies say January 26, 2022 Government bodies are currently lobbying for the UK to adopt a legislation that regulates self-driving vehicles. According to a joint report from the Law Commission of England and Wales and the Scottish Law Commission, introducing an ‘Automated Vehicles Act’ will help to draw “a clear distinction between features which just assist drivers, such as adaptive [...]