FCA charges City lawyer with insider dealing over maternity brand acquisition Legal The financial watchdog has charged a City lawyer with five counts of alleged insider dealing for trading in the assets of maternity fashion brand Seraphine Group using confidential information he gained while working on the company’s acquisition. The Financial Conduct Authority (FCA) said Richard Bloomfield, 38, worked on an acquisition of the City-based maternity clothing company [...]
Two solicitors linked to Post Office scandal charged with misconduct Legal Two solicitors have been charged with alleged misconduct in relation to the Horizon IT scandal and have been referred to The Solicitors Disciplinary Tribunal. The Solicitors Regulation Authority (SRA), the legal regulator for English and Welsh solicitors, said it is taking action against Jane MacLeod, the former Post Office general counsel from 2015 to 2019, [...]
Sixth Street to Become Majority Shareholder of Monument Re Business Wire Sixth Street, a leading global investment firm, today announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire a majority stake in Monument Re (“Monument” or the “Company”), a premier pan-European insurance consolidator, and support the Company’s long-term strategic growth plan. Hannover Re will continue as a [...]
Squarepoint commits £430m to huge London office move after profit soars June 8, 2026 One of London’s biggest investment firms has committed £430m to a major office move as the firm doubles down on its presence in the Square Mile. Squarepoint Capital, which was previously a subsidiary of Barclays before being spun off in 2014, is set to move to a redeveloped 400,000 square foot, 12-storey office on Gresham [...]
Deloitte and KPMG challenge PwC’s iron grip on FTSE 100 clients June 1, 2026 For the first time in nearly eight years, three of the Big Four giants, Deloitte, KPMG and PwC, are locked in a dead heat for FTSE 100 client dominance. A boardroom reshuffle has loosened PwC’s iron grip on clients from London’s blue-chip index, forcing a historic three-way tie at the top of the FTSE 100 [...]
Barristers that ‘failed in duties’ to face probe over Post Office scandal April 28, 2026 Barristers who ‘failed in their professional duties’ when representing the Post Office during the Horizon IT scandal will face potential disciplinary action, the watchdog has warned. The Bar Standards Board (BSB), which oversees more than 18,000 English and Welsh barristers, said it currently has ten live investigations into possible misconduct, which are “progressing”, and added [...]
Legal sector hits £60bn as top City lawyers pocket millions April 16, 2026 Despite a backdrop of global economic uncertainty, the legal profession has solidified its position as a £60bn powerhouse, with top City lawyers bringing home multi-million pound pay packets. Law firms are experiencing their highest growth in more than 15 years, according to a new report by the Law Society. The average earnings for law firms [...]
2PointZero Group Completes Majority Acquisition in Italy-Based ISEM Packaging Group for AED 704 Million March 5, 2026 Transaction results in 60.8% ownership by 2PointZero Packaging becomes the sixth consumer-focused vertical with ISEM as an anchor
London’s legal elites bask in booming pay packets January 8, 2026 While London shivers through a January cold snap, the city’s legal elite are basking in an earnings heatwave as salaries for City lawyers at major law firms have edged up over the last year. Over the 2024/2025 financial year, the average profit per equity partner (PEP) at the big firms, including Linklaters, A&O Shearman, Herbert [...]
The year in law: Scale, survival, and the surge of the transatlantic titans December 23, 2025 From the birth of new transatlantic titans to a government-led rescue of the litigation funding market, 2025 has seen the City’s legal landscape rewritten by a relentless pursuit of scale and a newfound reliance on the machine. The legal sector started the year with US President Donald Trump attacking the industry, as Trump vs Big [...]