Deloitte and KPMG encourage use of burner phones in Hong Kong November 28, 2023 Some of the Big Four firms are advising its executives not to use their usual work phones when they travel to Hong Kong. According to the Financial Times, Deloitte and KPMG have asked some US-based staff to use burner phones when they visit this territory. The policy has caused staff to be reluctant to visit [...]
Supreme Court to decide on state immunity of sunken treasure November 27, 2023 The Supreme Court is due to decide on the first case of state immunity over millions of pounds of salvage sunken silver. The ship at the heart of this dispute is the SS TILAWA, which was sunk in the Indian Ocean on 23 November 1942 by two Japanese torpedoes. The ship was travelling from Bombay [...]
High Court green lights legal action against Shell over oil spills November 23, 2023 The High Court yesterday green lit a group action against Shell that stems from oil spills in a region of Nigeria. The lawsuit arose out of oil spills that occurred from oil pipelines located around Rivers State in the Niger Delta, which caused environmental damage. The thousands of claimants are from the Ogale and Bille [...]
Rising insolvencies have driven a surge in professional indemnity claims against accountants November 23, 2023 Professional indemnity claims have risen as accountants are placed into the firing line in insolvency cases.
Benjamin Mendy: Did Manchester City score a £10m own goal by withholding wages? November 22, 2023 Mendy announced he is suing Manchester CIty earlier this week.
Gateley generates small growth despite ‘economic conditions’ November 22, 2023 Listed law firm Gateley has single-digit growth for its first half-year results, but the group's boss envisions a good momentum going into H2.
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.