Trowers & Hamlins partner Sara Bailey: I was told I was ‘too Yorkshire’ Opinion Sara Bailey, senior partner at Trowers & Hamlins, takes us through her career in law in this week's Square Mile and Me.
Musk-Altman rift widens as judge approves court battle Tech OpenAI and Microsoft have lost their final bid to avoid a courtroom battle with Elon Musk, with a US judge ruling that the Tesla and xAI founder can proceed to trial over claims that the start-up breached its original charitable mission. The case, set for a jury trial in late April at the District Court [...]
Revolut, Mastercard, Visa lose legal battle on card fees cap Fintech Revolut, Mastercard and Visa have lost a legal battle against the UK’s payments watchdog amid plans to introduce a cap on card fees for overseas transactions. The trio of payment giants brought a judicial review to the High Court following a decision by the Payment Systems Regulator (PSR) in December 2024, confirming that it would consult on the [...]
HSBC to cough up £230m over dividend tax-fraud claims January 8, 2026 European banking juggernaut HSBC is set to cough up nearly £230m to settle an investigation relating to tax-fraud claims. The FTSE 100 titan was accused of helping foreign investors evade taxes on dividends through a sophisticated financial manoeuvre known as ‘cum-cum’ trading. This relates to a series of transactions between 2014 and 2019, which were [...]
The six-figure club: Associates at elite US legal firms set for bonus boom December 30, 2025 More than 60 per cent of UK workers aren’t expecting a Christmas bonus this year, but that’s not the case for City lawyers, some of who will receive generous six-figure payouts. Many US law firms operate under the Cravath Scale, named after the law firm Cravath, Swaine & Moore, a transparent lockstep system of associate [...]
Former Entain execs take Gambling Commission to court over failed 888 bid December 9, 2025 The former CEO and chairman of Entain, the group behind Coral and Ladbrokes, are set to face the Gambling Commission at court on Tuesday over alleged misuse of private information. Kenny Alexander and Lee Feldman filed a civil case against the UK’s gambling regulator in October 2024. This action follows their failed 2023 leadership bid [...]
Former City minister Tulip Siddiq sentenced to two years over corruption charges December 1, 2025 Labour’s Tulip Siddiq has been found guilty by a Bangladesh court of influencing ousted Prime Minister Sheikh Hasina her aunt, to obtain plots of land on the outskirts of Dhaka. When Labour won power in July, Siddiq was appointed economic secretary to the Treasury and City minister. However, less than five months into her ministerial [...]
Lawyers lead charge on AI oversight as government drags on regulations November 6, 2025 As AI systems are deployed worldwide, the question of who is responsible when they cause harm, failure, or unexpected consequences is quickly becoming a major headache for businesses. With a lack of regulation, the problem is passed to the courts, keeping litigation partners busy. There are multi-billions on the line for technology investment, especially in [...]
UK public uneasy about self-driving vehicles ahead of Waymo launch October 30, 2025 Ahead of Waymo’s arrival on British roads, a new report reveals that nearly three-quarters of people in the UK are concerned about the safety of self-driving vehicles. According to insurer Allianz, across six regions, more than 70 per cent of Brits said they had concerns about this emerging technology, compared to between 64 per cent [...]
Three Points Law: Former Mishcon sports pair go it alone – with help from AI October 20, 2025 For a combined 25 years Simon Leaf and Tom Murray have worked at the cutting edge of sports law, advising clients including England footballer Marcus Rashford, Formula 1 driver Alex Albon, TikTok and the Saudi Sports Ministry for Mishcon de Reya. This week they have officially launched their own practice, Three Points Law, formed in [...]