Harry Maguire among investors in AI lawyer’s $40m push into US market December 5, 2024 Footballers Harry Maguire and Reece James among those that co-led UK legal tech startup Lawhive raising $40m in series A funding for its push into the US
UK takes down multibillion-dollar Russian crypto laundering network December 4, 2024 The UK’s National Crime Agency (NCA) has smashed a multibillion-dollar Russian money laundering scheme which operated in Britain and had ties to the Kremlin. Investigators said on Wednesday that uncovering the Russian-speaking network, run out of London, Moscow and Dubai, marked the NCAs biggest money laundering case for a decade. The investigation was given the [...]
Employment reforms need considerable thought to not ‘swamp business’ December 4, 2024 ELA urged Parliament that the Employment Bill needs "considerable..thought" to not to "swamp business" with costs or obligations.
Gary Lineker’s battle over £5m tax bill with HMRC takes latest twist December 3, 2024 Gary Lineker’s dispute over a £4.9m tax bill was back in court this week, as HMRC aims to overturn a previous ruling in Lineker’s favour
Microsoft facing £1bn overcharging claim from UK firms December 3, 2024 Microsoft is facing a £1bn legal action over claims the US giant overcharged firms for access to products. Filed to the Competition Appeal Tribunal, the claim alleges customers using rival cloud computing platforms to Microsoft’s own Azure were charged higher licensing fees to access its Windows Server. It also alleges that UK companies and organisations [...]
‘Good news for insurers’ after government ups personal injury discount rate December 2, 2024 Lord Chancellor revealed that the personal injury discount rate will increase to 0.5 per cent, in a move welcomed by the insurance industry
Tesla back in court after 5G patents licence case was thrown out December 2, 2024 Tesla is back in English court this week as it aims to overturn a ruling that kicked out its 5G patents licence lawsuit
Hill Dickinson capitalises on private equity’s surge in accountancy sector December 2, 2024 PE's growing presence in accountancy is driving demand for legal expertise, as firms like Hill Dickinson position themselves to capitalise
EY to cut 150 UK consultants as division head steps down December 1, 2024 Big Four accountancy firm EY is set to cut 150 roles in its UK consultancy division and replace one of its most senior executives amid a slowdown in demand. Cuts in the 4,700-strong unit are expected to impact managers, senior managers and directors, it is understood, which are the highest-paid roles below partner level. Meanwhile, [...]
Oh! Darling: Harry Potter star Rupert Grint owes taxman £1.8m thanks to Beatles clause November 29, 2024 Harry Potter star Rupert Grint's appeal against HMRC imposing a £1.8m tax bill on him was dismissed, after a Tribunal upheld a Beatles clause