Freshfields appoints eight to partnership in London in largest promotions round since crisis April 4, 2019 Magic Circle law firm Freshfields Bruckhaus Deringer has promoted eight lawyers to its partnership in the City. The eight were part of a global 22-strong promotions round, its largest since 2008. Read more: Freshfields partner accused of slapping DJ in argument over music The lawyers making the grade in London are transactional lawyers Cyrus Pocha, [...]
Japanese investment bank Nomura to cut 100 City of London jobs in $1bn global cost-cutting plan April 4, 2019 Japanese investment bank Nomura will cut around 100 jobs in the City in a global restructuring plan to save $1bn (£760m). Nomura unveiled the cost-cutting plan to investors earlier today and also said it would shut more than 30 of 156 domestic retail branches. Read more: Nomura plans to cut up to 50 staff from [...]
Tesla shares fall in pre-market trading as Elon Musk’s firm suffers huge quarterly drop in car deliveries April 4, 2019 Tesla’s share price looks set for a significant fall when the Nasdaq opens this afternoon, after the electric car giant told investors its car deliveries have suffered a record quarterly drop. Shares declined almost eight per cent in pre-market trading to $269.77 from yesterday’s close of $291.81 after the overnight update. Read more: Elon Musk [...]
For safety’s sake, we need to rethink our address system April 4, 2019 Back when I worked in the music events industry, a huge part of my time was spent trying to get bands and equipment to the right place, on time. It was far more difficult than I’d ever imagined, and it was painfully clear to me that street addressing is totally inadequate for directing people from [...]
TfL scraps Brunei tourism adverts amid outcry over new anti-LGBT laws April 4, 2019 Transport for London (TfL) has scrapped adverts promoting Brunei following international condemnation of the state’s draconian new anti-LGBT laws. The adverts, which have appeared across the London transport network, promote the country as a tourist destination under the slogan “Abode of Peace”. Read more: Sadiq Khan says TfL will remove controversial Michael Jackson bus ads [...]
Judges and social media – Your Honour, should you be using Twitter in court? April 4, 2019 A British judge recently resorted to Twitter to appeal directly to one of the parties involved in a case over which he was presiding. Ellie Yarrow-Sanders was on the run with her toddler son, Olly Sheridan, for over six months. Mr Justice Williams, the High Court judge in the case between Yarrow-Sanders and her ex-partner, [...]
The burden of business rates falls unfairly on the West End April 4, 2019 This week, UK retailers received one of their biggest tax bills of the year. The consequences of the 2017 revaluation of business rates will again be felt, with a further hike of nearly 50 per cent for some companies. Retailers in London’s West End and Mayfair will once again be hardest hit, paying the lion’s [...]
Shares in listed law firm Gordon Dadds jump after it acquires five overseas firms April 4, 2019 Shares in listed law firm Gordon Dadds climbed more than five per cent this morning after it said it had added five new partnerships to its network, representing £23m in revenue. The listed law firm, one of just a handful in the UK, has acquired Ince & Co’s former network firms in Hong Kong, Singapore, Dubai, [...]
Hancock says no-deal Brexit ‘highly unlikely’ as May attempts to reach cross-party withdrawal agreement with Labour April 4, 2019 Health secretary Matt Hancock today said a no-deal Brexit is “very unlikely” as the Prime Minister attempts to seal a Brexit deal with Labour. Read more: Police warn MPs and campaigners not to inflame Brexit tensions Hancock said securing the support of Labour MPs in the Commons was the only likelihood of Theresa May getting [...]
Police warn MPs and campaigners not to inflame Brexit tensions April 4, 2019 Politicians and campaigners must be careful not to “inflame tensions” over Brexit, a senior police chief has warned. The National Police Chiefs’ Council (NPCC) said it had ramped up no-deal preparations to cope with potential protest, crime and emergencies, with 10,000 officers across the country ready to respond to national emergencies. Read more: Brexit delay [...]