Milbank boosts position in London market via deal with boutique firm December 14, 2022 New York law giant Milbank has poached almost 30 lawyers from boutique law firm Dickson Minto after snapping up its highly coveted City-based private equity division. The deal will see seven partners and 20 associates from Dickson Minto’s City offices join Milbank’s 140 lawyer-strong London team. Scottish corporate law firm Dickson Minto currently has its [...]
EU raises €20bn to boost green energy and slash reliance on Russian fossil fuels December 14, 2022 The EU has squeezed an extra €20bn from its carbon market for investments to slash the bloc's reliance on Russian fossil fuels.
It’s beginning to look a lot like chaos: Rail strikes hit London as businesses shed Christmas bookings December 14, 2022 Parts of London resembled a ghost town yesterday as rail workers kicked off the first of several days of strikes. Bars in the capital warned they are haemorrhaging tens of thousands of pounds in lost bookings due to mass walkouts deterring commuters, raising the threat of businesses missing out on their third ever-critical golden quarter [...]
White-shoe law firm ups new City lawyers’ pay to £160,000 a year December 14, 2022 Cleary Gottlieb has become the latest US law firm to boost salaries in the UK’s legal market after upping pay for newly-qualified (NQs) lawyers in its London office to £160,000 a year. The white-shoe law firm has given its City NQs a 14 per cent pay rise, in offering to boost their salaries by £20,000 [...]
Amazon and eBay: 10 out of 12 Christmas lights sold are a fire hazard December 14, 2022 Testing by consumer group, Which? revealed that 10 out of 12 Christmas lights sold on Amazon do not meet UK electrical equipment safety regulations. The consumer group tested under £15 Christmas lights sold on both eBay and Amazon, finding that most of them are dangerous for household use, and may cause a fire. Responding to [...]
Give us the support we need to compete with Germany, urges steel body December 14, 2022 Industry group UK Steel has urged the Government to match the financial support offered to rival markets such as Germany.
Exclusive: EY poised to ramp up fintech investment with new London Lab December 14, 2022 EY said it is set to pump millions of pounds into the fintech sector in the next year as it unveiled a new London incubator today designed to cultivate start-ups in the capital.
Brits face advertising blitz with Government energy saving campaign December 14, 2022 Brits face an advertising blitz over Christmas from the Government, urging them to save energy by turning down boilers and radiators.
CPI and the FED in focus December 14, 2022 | City Talk Another interesting week in markets this time round, where it could end up being crunch time for the FED to make a decision on when these rate hikes are going to end. We’ve just had the November CPI print out of the US and have had some massive moves. Which begs the question, do the [...]
Feeding the nation, with robots: New funding round for farmers encourages automation December 14, 2022 A new round of farming funding to the tune of £12.5m will help those who feed the nation launch new automation and robotics projects. The latest chunk of a £270m programme launched last year was announced this morning by Defra (the department for environment food and rural affairs), in partnership with UK Research and Innovation [...]