Osborne Clarke drops signature from legal climate charter January 22, 2024 City headquartered law firm Osborne Clarke has dropped its signature from a legal initiative designed to support law firms with transition to Net Zero. Legal Charter 1.5 was an initiative developed collaboratively by a group of large City law firms ahead of London Climate Action Week last June. At the time, eight law firms were [...]
Grant Thornton UK elects 20-year veteran as new chief executive January 22, 2024 Grant Thornton UK has appointed its new CEO after Dave Dunckley stood down in a surprise early departure. The firm’s partners elected Malcolm Gomersall as the new CEO, subject to regulatory approval. He was already running the firm while the selection process took place. Gomersall was the firm’s chief operating officer, having taken on that [...]
Consultancy sector activity predicted to have single-digit growth over 2024 January 22, 2024 Activity in the consultancy sector is set to have single-digit growth this year, according to figures by the Management Consultancies Association (MCA). The latest survey conducted by the MCA reveals that activity in the sector grew by 11 per cent in 2023. The survey expects it to drop to 9 per cent this year but [...]
Bob Sternfels faces opposition to be re-elected as McKinsey boss January 21, 2024 McKinsey head Bob Sternfels' bid for re-election is reportedly facing internal opposition due to mass layoffs and a slowdown in growth during his tenure.
Meet the City partner amongst the 95 appointed as King’s Counsel today January 19, 2024 Lord Chancellor Alex Chalk MP announced the appointments of 95 new King’s Counsel today, which included one solicitor advocate from City law firm Withers.
Prince Harry drops libel cases against Mail on Sunday publisher January 19, 2024 The Duke of Sussex has withdrawn his High Court libel claim against the publisher of the Mail on Sunday. He sued Associated Newspapers Limited (ANL) over a February 2022 article about his legal challenge against the Home Office following a decision to change his publicly funded security arrangements when visiting the UK. The duke’s lawyers [...]
No dipping out on tax as Walkers’ Sensations Poppadoms deemed ‘crisps’ January 19, 2024 Walkers’ Sensations Poppadoms ‘are similar to potato crisps’ and therefore are not eligible for the zero-rated VAT, rules Tax Tribunal. Walkers Snack Foods, the subsidiary of US food giant PepsiCo, appealed a decision by the HM Revenue and Customs (HMRC) that certain products sold by the Walkers are taxable at the standard rate. Walkers contend [...]
Post Office scandal: Legal regulator warns it ‘will take action’ against unethical lawyers January 19, 2024 The legal regulator has warned law firms and lawyers who worked for the Post Office will face ‘action’ if they are found to have ‘fallen short’ of the standards. The Solicitors Regulation Authority (SRA) provided an update into its investigation today, explaining that it is currently scrutinising tens-of-thousands of pages of information and evidence. The [...]
SFO: Two former directors charged with fraud over £88m car lease scheme January 19, 2024 Reginald Larry-Cole and Scott Martin were directors of Raedex Consortium, which included companies such as Buy2Let Cars and Paygo Cars.
Lawyers: Pledge to protect litigation funding welcome – but devil’s in the detail January 19, 2024 City lawyers have welcomed plans to change the laws around litigation funding, after a Supreme Court ruling raised major concerns about whether litigation funds can continue to back certain court cases.