Judge rejects Gatwick Airport bid to block new relaxed runway slot rules June 19, 2026 A High Court judge has refused Gatwick’s request for an immediate emergency freeze to stop the new 70 per cent rule from starting today. The UK government temporarily reduced the “use it or lose it” slot usage requirement at major UK airports, including Gatwick Airport, from the standard 80 per cent to 70 per cent [...]
Regulator wins decade-long pricing tussle with Pfizer June 19, 2026 The UK competition watchdog has won permission to appeal in a case against US pharmaceutical giant Pfizer after a long-running legal battle over allegations of excessive pricing, overturning a previous decision by the Tribunal. The court said the Competition Appeal Tribunal (CAT), was “wrong to set aside the [Competition and Market’s Authority’s] decision” in relation to [...]
Professional services firms the ‘flavour of the month’ for cyberattacks June 19, 2026 Professional services firms, particularly law firms, are the “current flavour of the month” for cyberattacks, driven by the valuable client information the sector guards. Speaking to City AM, Holly Waszak, head of cyber claims advocacy at Marsh, said: “We’re seeing insurers come to us with law firms on their books, and they are trying to [...]
LLPs remain under watchful eye – especially from the taxman June 18, 2026 Despite dodging Budget day taxes, the UK’s limited liability partnership (LLP) model is still facing intense scrutiny, this time from HMRC, which just had a good result from the top court this week, writes Maria Ward-Brennan. The LLP model, used by professional services such as law firms and accountancy firms, came into force 25 years [...]
City law firms ‘sleepwalking into a crisis’ over AI overreliance June 18, 2026 As legal tech valuations skyrocket, and AI dominates the airwaves, City law firms have been warned they are ‘sleepwalking into a crisis of judgment’ by treating AI as a definitive authority rather than a collaborative tool. A report by Positive Group, exclusively shared with City AM, stated that the legal sector faces a potential crisis [...]
HMRC secures £190m VAT appeal win against Bolt June 17, 2026 HMRC has won an appeal against ride hailing platform Bolt over how it calculates and pays its VAT, overturning previous decisions that had ruled in favour of Bolt. This follows an appeal hearing last month brought by the tax authority, which had questioned whether Bolt could use the tour operators’ margin scheme (TOMS). Under this [...]
From bathroom to courtroom: Lush chief’s squabble set to fizz in £6m trial June 17, 2026 The former chief executive of cosmetics giant Lush is set to face off against the current chief executive in a 19-day trial that spans more than 30 years of the company’s history and may cost over £6m in legal fees. The dispute stems from former chief executive Andrew Gerrie’s 2014 exit from the company, after [...]
Ex-Lush chief’s lawyers hike costs to ensure their AI model isn’t trained by juniors June 16, 2026 Lawyers for the former chief executive of cosmetics giant Lush, Andrew Gerrie, have hiked their fees ahead of a trial this month, partly as they will not allow junior staff to train their AI model, City AM can reveal. A court heard this morning that Gerrie’s legal team from Brown Rudnick have pushed up a [...]
Social media ban may push children to ‘darker corners of the internet,’ lawyers warn June 15, 2026 Sir Kier Starmer’s announcement to ban social media for under-16s on Monday morning may create privacy issues for children and encourage them to use less regulated platforms, legal experts have warned. Speaking at Downing Street on Monday, the Prime Minister said social media platforms are harming children’s wellbeing and making it easier for their mental [...]
Mayer Brown defends ‘do not disturb’ policy despite criticism from rivals June 15, 2026 When the US law firm Mayer Brown, based in the City, implemented a policy that partners should not disturb associates during their holidays, its London office managing partner said some rival partners criticised the move. Speaking to City AM, Dominic Griffiths said: “When I introduced that policy [three years ago], there were one or two [...]