EY reviews London office headquarters as lease renewal nears November 21, 2023 EY has launched a property review of its London headquarters as the Big Four firm prepares for the end of its lease. According to The Telegraph, the firm launched a review of its More London office, near London Bridge, as its 25-year lease on the building expires in 2028. Its More London office spans across [...]
Supreme Court rules London Deliveroo riders are not ‘workers’ November 21, 2023 The Supreme Court dismissed Deliveroo’s appeal this morning to consider if London riders should be classed as ‘workers’, bringing an end to the seven year legal battle. The court unanimously rejected Independent Workers’ Union of Great Britain’s appeal, holding that riders are not in an “employment relationship” which means the “trade union activity do not [...]
Capita prepares to cut 900 jobs to bring down costs November 21, 2023 Outsourcing firm Capita has kicked off a programme that is set to make approximately 900 roles at risk of redundancy as the company tries to cost save. The company’s aim is to double its operating margin to six per cent but in order to do this it needs to cost save £40m per annum on [...]
Knights half-year revenue in line expectations with single-digit growth November 21, 2023 Listed law firm Knights anticipates its half-year revenue increasing by a single digit as performance is in line with the board's expectations.
Post Office spent £24m on legal disclosure advice as inquiry is held up by failures November 20, 2023 The Post Office has spent nearly £25m over the last year on external legal advice for disclosure, as the inquiry is held up with failures.
All magic circle law firms now pay newly-qualified lawyers £125,000 November 20, 2023 Every magic circle law firm is now paying their newly qualified (NQ) lawyers a £125,000 salary a year, after Slaughter and May matched this figure last week. Freshfields Bruckhaus Deringer and Clifford Chance were first out of the magic circle to hit £125,000, after they both boosted its NQ pay May 2022. Previously, Freshfields were [...]
British music producer Easyfun latest target in Easygroup’s trademark war November 20, 2023 The British music producer Easyfun has become the latest target in Easygroup’s aggressive trademark war over the use of the word "easy" by companies or celebrities.
Supreme Court set to rule on whether Deliveroo riders are ‘workers’ November 20, 2023 This week the highest court in the UK will decide if Deliveroo’s London riders should be classed as ‘workers’. The outcome is highly anticipated by those working in the gig economy. The Supreme Court is set to issue a landmark ruling tomorrow over the collective bargaining rights of a group of Deliveroo riders in Camden [...]
KPMG UK: Number of equity partners dips below 500 as Big Four layoffs begin November 19, 2023 KPMG UK has cut its number of equity partners to less than half the size of rival PwC in a sign that the firm has not hesitated in making cuts right at the top of the firm as the Big Four begin another round of layoffs.
EY UK boss: Issues that led to split plan still exist – we need to find an answer November 19, 2023 The problems that EY’s failed split plan was supposed to answer are still lingering, the firm’s UK boss has warned in a rare interview. Speaking to The Sunday Times, EY’ UK chair and UK and Ireland’s managing partner Hywel Ball, highlighted the firm’s need to “find a response” to the questions that led it to [...]