Lawyers know best: Is it time law firms left the LLP behind? March 8, 2021 Recent legislative changes have paved the way for new, alternative structures in law firms, a sector that was previously dominated by traditional partnerships and LLPs – limited liability partnerships. Alternative business structures (ABSs) – which allow non-lawyers to have a financial stake in a firm – have grown in popularity throughout the 2010s, and for [...]
Defending the rulebook: Overcoming America’s Darkest Day January 7, 2021 This is a time for elemental thoughts. Following one of the darkest days in the history of the American Republic, when an armed mob set in motion by Donald Trump marched on the capitol, ransacking it, and pressured lawmakers to overturn the 2020 election results (words I never, ever thought I’d write), it is time [...]
City Moves for 27 January – Who’s switching jobs at CMS, the FCA and Shoosmiths? January 27, 2020 Today’s City Moves includes CMS, the FCA and Shoosmiths CMS Global law firm CMS has announced the re-election of Penelope Warne as senior partner of CMS’s UK arm following a vote by the firm’s partnership. This will be Penelope’s second term, effective for four years from 1 May 2020. Penelope became the firm’s first woman [...]
Boris Johnson says David Cameron government’s austerity was a mistake November 28, 2019 Boris Johnson has lashed the Cameron government for six years of austerity, saying the policy direction was a mistake. The Prime Minister hit out at the keystone economic policy of the Cameron years, comparing it to post-war food-rationing by then-Labour chancellor Stafford Cripps. Read more: Boris Johnson apologises to Muslim community He told The Spectator: [...]
Hybrid law firm and funds adviser MJ Hudson targeting December float December 5, 2019 Hybrid law firm and fund adviser MJ Hudson is lining up a mid-December listing on London’s junior market. The firm has appointed broker Cenkos Securities to advise on the float and has issued a schedule one document as a first stage in the listing process. The firm was founded by former SJ Berwin private equity [...]
City Moves for 26 September 2018 – who’s switching jobs at Marsh, Profile Pensions and Gulf Keystone Petroleum? September 26, 2018 Today's City Moves cover insurance, pensions and energy. Take a look at these movers and shakers: Marsh Marsh, a global leader in insurance broking and innovative risk management solutions, has appointed Tom Colraine as a non-executive independent member of the board of directors of Marsh. During his career, Tom has held many senior roles in [...]
Building a competitive edge in the cryptocurrency industry – the custodian of tomorrow June 9, 2020 Having the opportunity to be part of building from the ground up in a brand new industry like crypto is a dream come true. I still pinch myself when I realise that so many people share the same vision and have entrusted me with their time, careers and money. I founded Trustology in 2017 as [...]
Coronavirus: British companies rush to mothball results after City watchdog calls for delay March 23, 2020 British companies are rushing to delay the publication of their results following an unprecedented call from the financial regulator for results to be suspended due to the coronavirus crisis. The Financial Conduct Authority (FCA) said late on Saturday that listed firms planning to report preliminary results in the next few days should mothball them for [...]
Why did Uber lose its London licence and what happens now? November 25, 2019 Transport for London’s (TfL) decision to not renew Uber’s licence may come as a shock to its 3.5m users in the capital, but what does it actually mean in the short-term? TfL cited various reasons to effectively ban Uber from the capital, but can Uber appeal it and if so, what are its chances of [...]
US stocks and FTSE 100 plunge after Fed’s long recovery warning June 11, 2020 The FTSE 100 suffered its worst daily drop since late March, with US stocks plunging into the red after the Federal Reserve effectively crushed hopes of a quick recovery. London’s blue-chip index closed down 3.99 per cent after crashing as much as 2.66 per cent this morning. And US stocks also crashed, with the Dow [...]