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Legal

  • Linklaters: Profit passes £1bn as partners set for record pay day

    July 22, 2025

    Profit at Linklaters has surged past the £1bn for the first time as the law firm’s partners are set to share a record pay day. The London-headquartered firm, which dates back to 1838, has posted a pre-tax profit of £1.08bn for its year to 30 April, 2025, a rise of 14 per cent compared to [...]

  • Game over for Tomb Raider composer after Covid loan fraud conviction

    July 18, 2025

    A video game composer and sound designer best know for his work on the Tomb Raider series has been jailed for fraudulently applying for a Covid loan. Peter Connelly, who is based in Durham, overstated his company’s turnover to obtain a second Bounce Back Loan of £37,500 in 2020 when businesses were only entitled to [...]

  • Tesco seeks to appeal decision in ‘equal pay’ £4bn lawsuit ahead of final hearing

    July 17, 2025

    Tesco is back in a courtroom this week seeking to overturn a legal decision ahead of a final trial over allegations of unequal pay at the supermarket giant

  • City watchdog and HMRC ‘stepping up enforcement’ as number of raids surge

    July 17, 2025

    The number of raids carried out by the City regulators upticked in the last two years, while the pressure on HMRC to investigate tax fraud is showing in the numbers

  • Watchdog threatens Ticketmaster with litigation over Oasis tickets

    July 3, 2025

    The competition watchdog has threatened Ticketmaster with legal action as it seeks information over the way the platform sold tickets for Oasis's reunion tour

  • 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 [...]

  • Private equity circles the legal market, but not all firms are viable for investment boost

    June 26, 2025

    It is no surprise that law firms have become a new target of interest for private equity firms as the legal sector is a big moneymaker

  • Crypto exchange to tokenise motor finance claims

    June 25, 2025

    Tokenisation platform Bitfinex Securities has revealed a direct listing of a £100m tokenised equity issuance to provide litigation funding for claims against the motor finance industry

  • Ofwat set to fight off legal action over its price review

    June 24, 2025

    Ofwat is set to face legal action over its price review after an application was green-lit to proceed to the High Court.

  • Will British and Irish Lions sue Rugby Australia over player eligibility row?

    June 23, 2025

    If you were to list the top moments from each of the last five British and Irish Lions tours then you’d almost certainly find that at least one entry didn’t happen on the pitch. In 2021 it was South African coach Rassie Erasmus breaking down the flaws in refereeing calls, and in 2017 it was [...]

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