King Charles III greeted by thousands of well-wishers at Buckingham Palace September 9, 2022 King Charles III arrived at Buckingham Palace this afternoon, greeted by tens-of-thousands of well-wishers and floral tributes following the death of Her Majesty the Queen. The new sovereign shook hands with adoring members of the public with shouts of “God save the King” being heard. Kind Charles came to London from Balmoral with Queen Consort [...]
Squire Patton Boggs bolsters London bankruptcy practice in preparation for worsening economic climate September 7, 2022 US law firm Squire Patton Boggs has bolstered its London bankruptcy team in anticipation of worsening economic conditions. The law firm said it had poached five restructuring and insolvency lawyers from rival Brown Rudnick, including Charlotte Møller, the head of the firm’s EU bankruptcy practice. The hires come as Squire Patton Boggs said it anticipates [...]
Birmingham picked as home of UK’s new audit watchdog September 5, 2022 MINISTERS have chosen Birmingham as the home of the UK’s new audit watchdog, in a move that risks an internal backlash at the supervisory body it is set to replace. City A.M. understands the soon-to-be launched Audit, Reporting and Governance Authority (ARGA) watchdog will be headquartered in Britain’s second largest city, Birmingham. The new regulator [...]
Japan’s ‘Big Four’ law firm Anderson Mori picks London for first European venture September 4, 2022 One of Japan’s biggest law firms, Anderson Mori & Tomotsune, has opened a new office in London, in its first venture outside of Asia. The launch of the ‘Big Four’ Japanese firm’s London office marks Anderson Mori’s first venture outside its home continent, after the firm opened its first international offices, in Beijing, in [...]
US buyers of central London property snag ‘discount’ with favourable exchange rates August 23, 2022 US buyers of central London property are snagging an “effect ‘second’ discount” of around 12 per cent thanks to recent exchange rates, according to real estate investment advisory London Central Portfolio. The pound was at its lowest against the dollar since March 2020 this morning. Flats and houses in Mayfair and Marylebone are said to [...]
Deloitte to hire 6,000 new UK staff over next five years August 22, 2022 Deloitte today set out plans to hire more than 6,000 new UK employees over the next five years in a bid to boost the quality of its audit work. The plans will see the accounting firm recruit at least 1,200 audit and assurance professionals each year from 2022- 2027, including around 5,000 new auditors. The [...]
Have you seen this person? Police release image after fatal stabbing of man, 87, on mobility scooter August 17, 2022 Police have released an image of a man they want to speak to, following the fatal stabbing of an 87-year-old man who collected money for charity on his mobility scooter. Officers believe he was stabbed in Western Avenue shortly before 16:06hrs on Tuesday before managing to travel 75 yards on his mobility scooter to Runnymede [...]
Harrods threatens to become first major employer to use agency staff as strikebreakers August 16, 2022 The staffing agency industry’s trade body has hit out at Harrods after the luxury department store threatened to take advantage of new laws allowing it to break strikes using temporary workers. Harrods told its staff it is willing to use temporary workers to keep its shop running after employees at the Knightsbridge shop threatened to [...]
Mishcon de Reya spent £12m on shelved London IPO August 16, 2022 Mishcon de Reya spent almost £12m in readying itself to list on the London Stock Exchange, before shelving its initial public offering (IPO) in June. In a Companies House filing, the law firm said it spend more than £11.7m on preparing for its IPO before calling the public float off for the “foreseeable future due [...]
Watches of Switzerland to open new flagship London Rolex store August 16, 2022 Watches of Switzerland today set out plans to open a new 7,200 square foot flagship Rolex shop in Mayfair after posting strong results for the first half of 2022. The watch seller will relocate its Rolex Boutique from its current 900 square foot premises on Bond Street to new much larger premises down the [...]