China’s mega London embassy to go ahead after High Court blocks challenge Politics Plans for a new Chinese super embassy in central London will go ahead after the High Court blocked a challenge to the controversial site. The Royal Mint Court Residents’ Association (RMCRA) had initiated legal action against the government’s housing department and Tower Hamlets council over concerns the embassy could enforce “draconian” Chinese laws in the [...]
Gino D’Acampo restaurants face HMRC winding-up order Hospitality The company behind TV chef Gino D’Acampo’s restaurant empire has been hit with a winding-up petition by the UK tax authority. Upmarket Hotels & Leisure, which runs five British restaurants named after the former This Morning star, was served the petition by HMRC after a filing made to the High Court, as seen by City [...]
While rivals scramble to merge, the world’s biggest law firm is playing the long game Law While rival law firms grapple with mergers and headline tie‑ups, Dentons, the world’s largest law firm by size, is quietly betting that an ‘already there’ strategy will play in its favour. Dentons’ global chief executive Kate Barton told City AM the firm, like much of Big Law, is focused on globalised client relationships: “We have [...]
Nobel Peace Prize maker’s UK arm seeks administrator July 28, 2026 The London Mint Office, one of the largest numismatic distributors, is lining up administrators after 20 years in business. Founded in 2006, the company is part of Europe’s largest coin company, the Samlerhuset Group, based in the Netherlands. The UK entity acts as a major retailer for collectors, including specially minted items celebrating British royalty [...]
Mishcon de Reya hikes junior lawyer salaries to £110,000 July 23, 2026 Top City law firm Mishcon de Reya has upped its salaries to £110,000 for its incoming cohort of junior lawyers as the pay war continues to intensify. The firm, known for its high-profile disputes, has upped its newly-qualified salaries by 10 per cent, effective from September, while also increasing the salaries of first-year trainees to [...]
Clifford Chance partners pocket £2.3m as private markets drive growth July 22, 2026 Magic circle firm Clifford Chance’s revenue surpassed £2.6bn for the first time, largely driven by the surge in private market work. The firm’s revenue was up 9 per cent from £2.4bn last year, as the Canary Wharf-headquartered firm said that while all service lines performed well, the hike was driven largely by “momentum in the private markets” [...]
Layoffs and an executive exit: What’s going on at London’s first listed law firm? July 22, 2026 Gateley, the City’s first listed law firm, is set to lose its chief executive and axe dozens of jobs as it grapples with a swelling cost base and fears of a slowdown in client spending. The group, which is listed on the London Stock Exchange’s Alternative Investment Market (AIM), informed shareholders on Tuesday that chief [...]
Magic Circle firm Linklaters sees partner profits soar to £2.5m after record year July 21, 2026 Partners at magic circle law firm Linklaters saw pay packets double after the firm had its third consecutive year of double-digit profit growth. For its year to 30 April, 2026, Linklaters reported record revenue of £2.47bn, up nearly 7 per cent, and pre-tax profit of £1.2bn, up over 11 per cent, after hitting the billion-pound [...]
Rachel Reeves’ sister takes top legal role in Burnham’s Cabinet overhaul July 21, 2026 Prime Minister Andy Burnham has picked Ellie Reeves, the sister of former Chancellor Rachel, to serve as the chief legal adviser to the government. Lord Richard Hermer KC, a close ally of Keir Starmer who played a pivotal role in shaping the legal and international stance of Starmer’s government, was dismissed as attorney general and [...]
Revealed: KPMG and Deloitte offer bumper redundancy packages to slash headcount July 17, 2026 KPMG and Deloitte are offering UK staff bumper redundancy packages as they look to slash their headcount and trim costs, City AM can reveal. The two accountancy companies, as well as PwC, have all ramped up their payouts to employees after a slowdown in the sector’s traditional ‘attrition model’, in which around 15-20 per cent [...]