The compromising iPad photos that dragged a London quant trader to court Business It’s never easy moving jobs in the Square Mile – especially for the higher ups. Once you reach a certain seniority, your employer frets over the threat posed if you jump ship – what strategic information you could take with you. That was true for a London-based quant firm called G-Research, after one of its [...]
Crispin Odey, Michael Jackson, Sara Murray and the secret offshore trusts Business A question: What connects disgraced financier Crispin Odey with serial tech entrepreneur Sara Murray? For one thing, they’ve both been ousted by their own companies – a rare, noteworthy feat. For Odey, it was from his eponymous Odey Asset Management, following an investigation by the FT into allegations of sexual misconduct. For Murray, it was [...]
Big Technologies board made ‘outrageous allegations’ about me, says ousted founder Markets The founder of a London-listed tech firm has hit back after she was ousted by her own board, describing misconduct allegations levelled against her as “outrageous.” In a rare public intervention following her dismissal from Big Technologies earlier this year, Sara Murray told City AM she felt shareholders “are just fed up with the decisions [...]
Businesses have one defence amid ‘seismic shift’ in UK fraud law September 1, 2025 Fraud laws have received a major shake up and businesses have been sent a stark warning to be weary of the “hidden danger”. New failure to prevent fraud offence, which came into effect today, mean firms could face prosecution from fraud committed by employees – even if management was unaware of it. Large firms will [...]
Motor finance: ‘Nothing is certain’ as banks await historic ruling July 30, 2025 The Supreme Court will hand down what could be the “most consequential ruling for lenders” in recent history on Friday in the dramatic culmination of the motor finance saga. In a twist, the highest court in the land surprised the market last Friday evening after updating its system with the information that it will announce [...]
Vodafone boss faces renewed backlash over £85m franchise dispute July 29, 2025 Former franchisees accused telecoms giant Vodafone of driving small business owners to the brink at its annual general meeting on Tuesday, amid a deepening £85m legal dispute over its former retail partner model. At the meeting in Newbury, several claimants involved in the lawsuit directly challenged chief executive Margherita Della Valle and chairman Jean-François van [...]
Manchester United sued by former star for clinical negligence July 14, 2025 Manchester United are being sued for clinical negligence by their former player Axel Tuanzebe, two years after he left Old Trafford. Lawyers acting for Tuanzebe, 27, filed the claim, which makes reference to “medical advice”, last week, records show. The defender, who joined Premier League club Burnley from relegated Ipswich Town this month, spent more [...]
Standard Chartered slapped with $2.7bn lawsuit over fraud scandal July 1, 2025 Standard Chartered has been hit with a $2.7bn lawsuit over its alleged role in one of the world’s largest financial fraud cases, known as the 1MBD scandal. The London-headquartered lender is being accused of helping move and hide billions of dollars that were stolen from Malaysia’s 1MDB fund, by not sufficiently checking to see where [...]
Yodel’s £106m takeover by InPost put on ice after High Court order May 19, 2025 Yodel’s £106m acquisition by InPost has been put on ice after an injunction was filed with the High Court in the latest twist in a long-running legal spat. Last month, City AM reported that Poland’s InPost had agreed to buy Liverpool-headquartered Yodel in what was described as a “pivotal milestone” at the time. InPost said [...]
EY’s £2.7bn legal fight over NMC Health audits May 19, 2025 A mammoth legal fight against EY over its auditing of a former London-listed health giant that collapsed after allegations of fraud starts today