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      How the boss of Zilch became UK fintech’s power broker

      Zilch CEO discusses company strategy and future plans during an online interview on a business news platform.

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Law firms

  • Veteran congressman calls on Biden to ban oligarchs’ UK lawyers from the United States

    April 20, 2022

    The UK lawyers that have worked on behalf of Russian oligarchs in their efforts to silence journalists should be banned from travelling to the United States, a senior congressman has said. In a letter to US secretary of state Anthony Blinken, Democratic Party congressman Steve Cohen called on the Biden administration to impose travel bans [...]

  • UK listed firms must have at least one woman in a senior position, City watchdog says

    April 20, 2022

    The boards of UK listed companies should employ at least one non-white board member and one woman in a senior role, according to new diversity targets put forward by the Financial Conduct Authority (FCA). Two-fifths of board members should be women, and at least one senior board position – including chief executive, chair, or chief [...]

  • T.M. Lewin faces legal battle after workers win £439,000 employment lawsuit against collapsed firm

    April 19, 2022

    Clothing retailer T.M. Lewin faces a lengthy legal battle over claims it was required to consult employees before firing them, after an employment tribunal told it to pay out a total of £439,000 to more than 100 of its former staff, lawyers have said. The comments come after an employment tribunal ruled that T.M. Lewin [...]

  • Crown Court backlog is shrinking at a ‘glacial pace’, Law Society says

    April 19, 2022

    The Law Society has slammed the government for its failures to tackle the Crown Court backlog, after claiming the pile-up of cases is “shrinking at a glacial pace”. Law Society president I. Stephanie Boyce hit out at the Ministry of Justice (MoJ) after new figures showed there are still 58,450 Crown Court cases waiting to [...]

  • Pinsent Masons enters City bidding war after boosting pay for new lawyers to £92k

    April 19, 2022

    Pinsent Masons has given newly qualified (NQ) lawyers working in its London offices a 22.6 per cent pay rise, in upping their salaries to £92,000 a year. The commercial law firm entered the fray by hiking pay for its freshly trained lawyers from £75,000 to £92,000 a year.   NQs working in its regional UK [...]

  • High Court bans man from suing people after he files £33.3 quadrillion claim

    April 13, 2022

    The High Court has banned a man from suing people, after he tried to sue someone for more gold than has ever been mined in history. The court said serial litigator Sayed Sangamneheri should not be allowed to file anymore claims for the next two years, after he sought to claim £33.3 quadrillion. After the [...]

  • High Court judge calls for cap on divorce costs as Siberian supermarket exec racks up £8m in fees

    April 13, 2022

    A High Court judge has called on the government to put a cap on the cost of getting a divorce, in commenting on a protracted legal battle between a Siberian supermarket executive and her homemaker husband. Mr Justice Mostyn decried the “apocalyptic” state of affairs, that has seen a couple rack up £5.4m in costs, [...]

  • Martin Shkreli’s lawyers ask to drop him as client as ‘pharma bro’ owes $2m in legal fees

    April 13, 2022

    Martin Shkreli’s lawyers are seeking to drop him as a client, over claims the price-hiking pharma exec owes them $2.04m (£1.57m). Philadelphia headquartered law firm Duane Morris LLP asked for a judge’s permission to pull out of representing Shkreli after claiming the imprisoned former hedge fund manager “has no assets” to pay its fees. The [...]

  • Magistrates call for fewer online hearings after defendant tuned in while having a bath

    April 13, 2022

    The rise of remote hearings in magistrates’ courts saw defendants tune into tribunals while having a bath, a new report from the Magistrates Association has said. The use of video calls during the pandemic saw some defendants show a “complete lack of respect” for the court, by appearing “half-naked” and treating the process like “social [...]

  • Ex-DeepMind employee says AI firm sought to ‘salvage’ its reputation instead of dealing with complaints

    April 13, 2022

    A former DeepMind employee has hit out at the Alphabet owned firm for seeking to “discredit” her in a bid to “salvage” its own reputation, after she accused the AI developer of mishandling multiple sexual misconduct complaints.   In an open letter, the former DeepMind employee – referred to only as Julie – said the [...]

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