Founder Favourites: Richard Farleigh on what playing chess, investing and starting a business have in common
Ince Group: The law firm collapse that has rocked London’s legal sector November 2, 2023 Ince collapsed into administration earlier this year. But the bigger crisis came after it was rescued by a law firm virtually no one had heard of.
Will the Economic Crime Act tackle the UK’s £350bn fraud issue? October 26, 2023 The government's legislation designed to tackle economic crime received royal assent today after months of back and forth between the House of Commons and the House of Lords.
How Does ClientEarth’s Case Against Shell Measure Up Against Other Instances of NGO-led Climate Litigation? October 16, 2023 In a world where activism serves as the catalyst for change in environmental, social, and corporate governance issues, the advent of climate litigation initiated by Non-Governmental Organizations (NGOs) offers a compelling turn of events. Responsible businesses must engage with activism, for it is the vanguard of societal transformation. In recent times, ClientEarth’s legal battle against [...]
Clydesdale Bank loan misselling case begins in High Court as claimants seek £400m October 9, 2023 A £400m High Court case against Clydesdale Bank kicked off today with claimants alleging that business account customers paid hundreds of millions of pounds in unnecessary interest.
Mozambique president has immunity in London ‘tuna bond’ case, court rules September 4, 2023 Mozambican President Filipe Nyusi cannot be sued in Britain over allegations he accepted unlawful payments in the country's lawsuit against Credit Suisse.
US based Bitcoin spot ETF will be approved by early 2024, mark my words September 1, 2023 Jason Deane rounds off the week by declaring he believes the US will see a Bitcoin spot ETF being approved early next year.
Mark Kleinman: The Post Office disgrace, Historic Royal Palaces and DAZN’s next move August 24, 2023 Post Office chief fails again to Read the room Like salt poured in an open wound: that’s the only conceivable metaphor for the corporate governance disgrace delivered by the Post Office in recent weeks. Consider the facts: thousands of sub-postmasters were the victims of a grotesque cover-up, with many of them left penniless, homeless or [...]
PGA Tour: Talks with Saudi Arabia’s PIF to unify men’s golf continuing ‘urgently’ August 22, 2023 PGA Tour chief Jay Monahan has played down concerns over the progress of its deal to unite with LIV Golf and Europe’s DP World Tour, insisting negotiations with Saudi Arabia’s Public Investment Fund continue to advance with “intensity and urgency”. Eleven weeks after all parties made the shock announcement that they had agreed a framework [...]
GSK: British drugmaker raises profit and sales guidance after earnings beat expectations July 26, 2023 GSK raised its full-year profit and sales guidance on Wednesday after its second-quarter earnings beat expectations, helped by strong sales of its shingles vaccine Shingrix and HIV medicines. The strong results may further help revive investor confidence in CEO Emma Walmsley, coming a year after the company spun off its consumer health business, Haleon, in its most [...]
Credit Suisse hit with record £87m fine by UK bank regulator for Archegos failings July 24, 2023 Credit Suisse has been hit with a record £87m fine by the Prudential Regulation Authority (PRA) for its failures relating to the collapsed hedge fund Archegos Capital. The PRA criticised Credit Suisse’s “significant failures in risk management and governance” between the start of 2020 and the end of March 2021. “This is the PRA’s highest [...]