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Legal

  • HMRC roasted by ‘mega’ marshmallows after Tax Tribunal dismisses appeal

    April 10, 2024

    A London-based wholesaler of American sweets and treats, Innovative Bites, appealed after the HMRC decided that 'mega marshmallows' was confectionery and ought to have been standard rated.

  • US regulator slaps KPMG’s Dutch arm with record-breaking fine over exam cheating

    April 10, 2024

    The penalty is the largest fine the PCAOB has ever imposed. The regulator also singled out former head of assurance, Marc Hogeboom, stating that he directly and substantially contributed to the violations.

  • BBC faces £100k libel trial by Tory donor over Pandora Papers Panorama

    April 10, 2024

    Mohamed Amersi, who has been reported to have donated over £500,000 to the Conservative Party since 2016, brought the legal action against the BBC.

  • London-based accountancy firms BKL and Wilson Wright have merged

    April 9, 2024

    The firms, BLK and Wilson Wright, merged on 2 April and will have two bases in London: BKL’s office in North London and Wilson Wright’s office in Central London.

  • Mike Ashley’s Sports Direct locks horns with Premier League club Newcastle United over replica kits

    April 9, 2024

    The club has refused to supply Sports Direct - and its former owner Mike Ashley - with its upcoming replica kit, as it now has an exclusive retail arrangement with JD Sport.

  • Partnership crisis: Gen Z doesn’t want to follow the traditional legal career pathway

    April 9, 2024

    The poor work-life balance is putting the new generation of associates off partnership according to a new survey by LexisNexis.

  • London fintech vacancies rise 88 per cent as banks look to stay ahead of curve

    April 8, 2024

    London is known for its global fintech hub status, with success stories in the sector including Monzo and Starling.

  • The Ministry of Justice launches a consultation to make it easier to say sorry

    April 8, 2024

    The MoJ states that the law leaves many victims without proper closure and a sense they are unable to move on with their lives.

  • Grant Thornton fined by audit watchdog for failures with local authority pension fund

    April 8, 2024

    The failures included two uncorrected material errors which appeared in the version of the pension fund’s audited financial statements

  • What are the new changes to employment law that come into force today? Lawyers explain

    April 6, 2024

    There have been several significant changes made to the employment law on Saturday, which employers (and employees) must be aware of to ensure they can navigate them effectively. City lawyers speak to City A.M. to explain what they are, and how they will work. From 6 April, changes include the right to request flexible working [...]

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