Close Brothers restarts motor finance lending following landmark ruling Banking Close Brothers has restarted its motor finance lending practice a month after a landmark court ruling over the legality of its business. On 25 October, a court ruled that a broker could not lawfully receive a commission from the lender without obtaining the customer’s fully informed consent to the payment, sending the entire motor finance [...]
Mozambique victorious in UK lawsuit tied to ‘tuna bond’ scandal LEGAL The Republic of Mozambique has succeeded in its lengthy $2bn (£1.5bn) High Court battle with an Emirati-Lebanese shipping company Privinvest over allegations it paid bribes in what has become known as the 'Tuna Bonds' scandal.
The Notebook: Can Labour reform public services? The early signs are encouraging neil bennett Today’s King’s Speech is when Labour’s airy rhetoric of change hits the hard reality of legislative grind, writes Neil Bennett.
All rise (up)! Politicians have been silent on the criminal justice crisis – that must change June 23, 2024 The criminal justice system is at breaking point. But as the general election draws near, there has been near silence from our politicians on this crisis. Maria Ward-Brennan argues this has to change
HMRC tax dispute with EY over Tory donor’s affairs on hold for settlement talks May 24, 2024 HMRC's tax dispute with accounting firm EY and Jamie Ritblat, a British property investor and Tory donor, has been placed on hold as settlement talks take place, City A.M. has learned.
Legal regulator prepares to recover costs from boss of collapsed firm Axiom Ince May 22, 2024 The UK's legal regulator is preparing to recover funds from the boss of collapsed law firm Axiom Ince, according to new court filings.
The case for the defence of barristers’ wigs May 22, 2024 Barristers’ wigs are the latest front in the war on the eccentricity and traditions that make this country unique, says James Price “What do ties matter, Jeeves, at a time like this?” asks Bertie Wooster during one of his many misadventures. Jeeves, as omniscient and fundamentally right about everything as ever, replies, quite correctly: “There [...]
FCA charges reality TV stars for promoting unauthorised trading scheme May 16, 2024 A number of reality TV stars have been charged in relation to promoting an unauthorised foreign exchange trading scheme on social media, the Financial Conduct Authority (FCA) announced today.
Youtube blocks Hong Kong protest anthem after territory’s court bans song May 15, 2024 Youtube has blocked access to a popular protest anthem in Hong Kong after a court in the territory moved to ban the song.
Court delays return as emergency measures are deployed to stem prison overcrowding May 15, 2024 The legal sector was thrown into a state of chaos and confusion this morning after the government deployed emergency measures to delay court cases in response to prison and police cell overcrowding.