Royal ruling: Judge finds Mail on Sunday story about Prince Harry’s claim against Home Office is defamatory July 8, 2022 Parts of an article in The Mail on Sunday over the Duke of Sussex’s legal claim against the Home Office were defamatory, a High Court judge has ruled. Harry is suing Associated Newspapers Limited (ANL) after the paper ran a story following the first hearing in the duke’s separate High Court claim over his security [...]
CMS hikes pay for newly qualified lawyers to £100,000 a year July 8, 2022 CMS has upped pay for its newly-qualified (NQ) lawyers for second time in a year, after raising their salaries to sums of £100,000 a year. The £5,000 pay rise for CMS’ freshly trained lawyers comes just a few months after the firm upped pay for its NQs to £95,000 a year in December 2021, according [...]
Boris and Carrie Johnson cancel plans to hold wedding party at Chequers July 8, 2022 Boris and Carrie Johnson are no longer planning to host a wedding party at Chequers, which was reportedly to be held at the property despite the Prime Minister entering his final days in office as caretaker leader. The pair married in a low-key, private ceremony at Westminster Cathedral last year. A small group of family [...]
City deal: Goodway Group snaps up Canton with key role for former Havas exec Paul Frampton-Calero July 8, 2022 Goodway Group told City A.M. this morning it has reached an agreement to buy UK-based Canton Marketing Solutions. The business will be merged with its marketing transformation consultancy Control v Exposed (CvE), which is run by ex-Havas Media Group CEO, Paul Frampton-Calero. Canton’s co-founders Rob Webster and Nick King both join the CvE leadership team [...]
Top Hong Kong official to take over as FCA chair July 8, 2022 The Financial Conduct Authority has announced today that one of Hong Kong’s top financial officials will take over as chair of the watchdog next year.
‘Pump-price competition is broken’: AA disagrees with watchdog’s verdict that 5p tax duty cut WAS passed on at the pump July 8, 2022 Motoring groups have disagreed with Competition and Markets Authority’s verdict that the 5p fuel duty cut was reflected in pump prices, as the watchdog calls for further investigation and more transparency. The CMA’s urgent review, ordered by Business Secretary Kwasi Kwarteng, found an increase “refining spread” added 24p a litre to petrol and diesel over [...]
Boris Johnson pays tribute to former Japanese Prime Minister Shinzo Abe who has been shot dead July 8, 2022 Boris Johnson has paid tribute to former Japanese prime minister Shinzo Abe who has died after being shot at a campaign event. The former leader in Tokyo was shot while giving an election campaign speech in Nara, western Japan, on Friday. Local reports said he didn’t recover from being a “severe” condition as he was [...]
Lloyd’s to stay in iconic headquarters until at least 2031 July 8, 2022 Lloyd’s of London is set to stay in its iconic City of London headquarters until at least 2031, according to new reports that quell rumours the insurer had been planning to leave its purpose-built tower in 2026. There is now “zero chance” the insurer will trigger the lease break clause in its contract with its [...]
1922 Committee treasurer: ‘Ship has sailed’ on PM leaving immediately but new leader should come in ‘as soon as possible’ July 8, 2022 A senior figure in the powerful 1922 Committee has said Boris Johnson should be ousted “as soon as possible”. Backbench MP Sir Geoffrey Clifton-Brown commented the Prime Minister’s position, after Johnson announced he would leave office soon in a speech outside Number 10 on Thursday. This comes after more than 50 resignation letters were submitted, [...]
Savings rates still too low to tempt regular investors to move more money into cash July 8, 2022 Regular UK investors believe savings rates are still not high enough to tempt them to move more money into cash. Just 35% say they have put more of their investments into cash accounts since the Bank of England started hiking the base rate in December last year with five increases taking it from 0.1% to [...]