KPMG backs Bina Mehta as chair in term extension November 24, 2021 Partners at KPMG UK have voted to extend Bina Mehta's term as chair of the Big Four firm until 2024.
Mishcon de Reya faces £2.9m lawsuit over ‘tainted’ money family November 23, 2021 City law firm Mishcon de Reya is being sued for £2.9m over allegedly accepting “tainted” money from a former client as payment for legal fees, according to reports. The lawsuit, brought by the Tonstate Group, a property investment company, is the latest development in a family dispute involving property executive Edward Wojakovski, according to the Financial [...]
Afghan judges hunted by prisoners they convicted, says UK Law Society November 23, 2021 The UK Law Society have urged the government to help Afghan judges, lawyers and prosecutors escape Taliban rule, after receiving "scores of desperate messages".
EY files criminal complaint over German newspaper’s leaked report November 22, 2021 EY has reportedly submitted a criminal complaint over a newspaper’s publication of a classified report into its work for payments firm Wirecard. Criminal prosecutors in Munich received a complaint about the German financial newspaper Handelsblatt on Monday, the Financial Times reported. The parliamentary report, on behalf of the committee looking at the Wirecard scandal, concluded [...]
FTSE 100 chief execs continue to feel the pinch with lower pay packages November 22, 2021 The pay cheques of FTSE 100 company chief executives have taken a hit this year, as executive rewards were curbed during the pandemic, according to reports.
HSBC’s $94m-a-year audits may not be enough to woo Big Four accountants November 22, 2021 Fears that the UK’s biggest lender will struggle to attract the Big Four accounting firms have been stoked as HSBC prepares to tender the audits of its accounts next year, according to reports. The heads of HSBC reached out to the Big Four auditors but found they were reluctant to bid for the bank’s audits [...]
Conservative MP Ben Everitt paid by accounting body which voted against tax on consultants November 22, 2021 A conservative MP who spoke out in Parliament against extensions to a tax law on consultants also earned thousands of pounds himself from an accounting group that lobbied against the tax, according to reports. Ben Everitt, the MP for Milton Keynes North, was paid nearly £14,000 for 60 hours of work for the Institute of Chartered [...]
London’s Wolseley restaurant owners take Axa to court over Covid insurance disputes November 20, 2021 Hospitality groups, including the owner of London's Wolseley restaurant, are set to bring lawsuits to Axa insurance over Covid-related losses, according to reports.
Watch out lawyers: Solicitors’ regulator pushes for greater fining powers November 19, 2021 The UK solicitors regulator has proposed increasing its powers to issue fines of £25,000.
UK drivers banned from using hand-held devices November 19, 2021 UK drivers will be banned from filming or searching for playlists on hand-held devices from next year under government plans to boost road safety.