Martin Gilbert’s AssetCo enters bidding war for River & Mercantile November 23, 2021 Fund management veteran Martin Gilbert has been thrown into a bidding war for River and Mercantile (R&M) after the asset manager revealed it has been approached by more than one suitor. Both AssetCo, an Aim-listed acquisition vehicle chaired by Gilbert, and rival fund manager Premier Miton have made bids for R&M. Both firms already have [...]
Mishcon de Reya faces £2.9m lawsuit over ‘tainted’ money family November 23, 2021 City law firm Mishcon de Reya is being sued for £2.9m over allegedly accepting “tainted” money from a former client as payment for legal fees, according to reports. The lawsuit, brought by the Tonstate Group, a property investment company, is the latest development in a family dispute involving property executive Edward Wojakovski, according to the Financial [...]
Boris Johnson brushes looming MP rebellion over social care under the carpet November 23, 2021 Boris Johnson has narrowly managed to push through controversial plans to cut down social care support for poorer households, despite 19 Conservative MPs rebelling against the policy. The government’s plans were only just won, by 272 votes to 246 despite the government having an 80-strong majority in the Commons. The removal of means-tested support from [...]
Afghan judges hunted by prisoners they convicted, says UK Law Society November 23, 2021 The UK Law Society have urged the government to help Afghan judges, lawyers and prosecutors escape Taliban rule, after receiving "scores of desperate messages".
FTSE 100 chief execs continue to feel the pinch with lower pay packages November 22, 2021 The pay cheques of FTSE 100 company chief executives have taken a hit this year, as executive rewards were curbed during the pandemic, according to reports.
HSBC’s $94m-a-year audits may not be enough to woo Big Four accountants November 22, 2021 Fears that the UK’s biggest lender will struggle to attract the Big Four accounting firms have been stoked as HSBC prepares to tender the audits of its accounts next year, according to reports. The heads of HSBC reached out to the Big Four auditors but found they were reluctant to bid for the bank’s audits [...]
Conservative MP Ben Everitt paid by accounting body which voted against tax on consultants November 22, 2021 A conservative MP who spoke out in Parliament against extensions to a tax law on consultants also earned thousands of pounds himself from an accounting group that lobbied against the tax, according to reports. Ben Everitt, the MP for Milton Keynes North, was paid nearly £14,000 for 60 hours of work for the Institute of Chartered [...]
TUI eyes glorious summer ahead as holiday bookings mount November 22, 2021 Travel giant TUI has announced above-average booking growth driven by a flurry of holiday bookings for next summer.
WhatsApp forced to revise privacy policy for Europe after record £190m fine November 22, 2021 Whatsapp will change its privacy policy in Europe following a giant fine by the Irish data protection watchdog earlier this year, according to reports.
UBS: Ex-Morgan Stanley president Colm Kelleher to succeed Axel Weber as chair November 22, 2021 Colm Kelleher has been proposed as the next chair of UBS, the company confirmed this morning.
