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      House prices suffer biggest August slump in eight years 

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      What Burnham’s Sporting Events Bill means for brands and media owners

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Legal

  • UK Foreign Office to pay £423,000 to settle whistleblower’s employment claim

    July 4, 2022

    The UK government has agreed to pay £423,000 to settle an employment lawsuit brought forward by one of its former prosecutors, over claims she was pushed out of her job at the Foreign Office, after she sought to blow the whistle on corruption involving suspected Kosovo criminals and officials from the EU. International prosecutor Mariah [...]

  • Wirecard’s finance chief admits forging documents after facing pressure from KPMG

    July 4, 2022

    Wirecard’s former head of accounting has admitted forging documents, after coming under pressure to provide evidence of transactions during a special audit by KPMG. Wirecard’s ex-chief financial officer, Stephan von Erffa, told prosecutors he falsified the documents, after coming under pressure from the auditor to provide evidence of a €50m payment, according to sources speaking [...]

  • Angry Criminal Bar chairman warns crime victims ‘won’t see their day in court’ as govt refuses to negotiate with striking barristers

    July 4, 2022

    The Chairman of the Criminal Bar Association, Jo Sidhu QC, has warned that “those victims of crime and defendants who want to prove their innocence won’t see their day inside court”, as he said the Government “refuses” to sit down and negotiate with striking barristers. Strike action over pay and conditions within the criminal legal [...]

  • Payday: City law firm hikes starting salary for junior lawyers to £120k

    July 2, 2022

    Square Mile law firm Herbert Smith Freehills has boosted its starting salary for junior lawyers to £120,000, as the City pay battle wages on. The firm has hiked pay for junior lawyers by 24 per cent, in a bid to compete with other law firms also increasing staff pay. The increase comes as Bank of [...]

  • Staffing agencies slam govt’s plans to use agency staff as strikebreakers

    June 30, 2022

    Staffing agencies have hit out at the government’s plans to lift a ban on using agency staff as strike breakers. In a letter to the government seen by City A.M., a group of the world’s biggest staffing agencies slammed the plans, put forward by business secretary Kwasi Kwarteng, to overturn laws banning agency staff from [...]

  • UK government is failing to match words with action in stamping out dirty money, MPs say

    June 30, 2022

    The UK government is failing to match its rhetoric with real efforts to crack down on dirty money, MPs have warned. The government is continuing to let the UK become a “safe deposit box” for morally bankrupt billionaires, despite its rhetoric around “clamping down” on Russian money, the Foreign Affairs Committee said. The committee said [...]

  • EY to brief UK partners on plans to split up business in biggest Big Four shakeup in decades

    June 30, 2022

    EY is set to brief its UK partners on plans to break up the firm as the accounting firms pushes forwards with plans for the biggest shakeup in the Big Four for decades. The Big Four accountancy firm has invited more than 780 of its UK partners to a summit at a central London hotel, [...]

  • UK’s charity watchdog opens probe into Captain Tom Foundation

    June 30, 2022

    The UK’s charities watchdog has launched an investigation into The Captain Tom Foundation, over concerns about potential conflicts of interest involving the late Army officer’s family. The Charity Commission today said it had opened an inquiry into The Captain Tom Foundation over concerns about the charity’s management. The watchdog said a company that is controlled [...]

  • UK doubles support for Ukraine with £1bn military aid

    June 30, 2022

    THE UK has pledged to give an extra £1bn in military aid to support the Ukrainian war effort, Boris Johnson said at the NATO Leader’s Summit yesterday. The extra money will almost double the total sums Britain has given in military aid to Ukraine so far, in bringing the total amount to £2.3bn. The UK’s extra [...]

  • UK should ban facial recognition technology until clear legal framework is set, new report says

    June 29, 2022

    The UK should ban all use of facial recognition technology until a clear legal framework has been developed to regulate it, an independent report has said. A new report from the Ada Lovelace Institute has said there is an “urgent” need for a new framework governing “biometric” technologies – including facial recognition technologies – before [...]

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