UK weather: Storm Henry on the way, following on from Storm Gertrude, with Scotland facing the brunt of the bad weather with Met Office warnings in place for wind and rain January 31, 2016 If there's one thing you can bank on in the UK in January and February, it's bleak and dismal weather. However, with Storm Henry now hot on the heels of Gertrude, this year the country may have got more than it bargained for. According to an announcement made by the Met Office today, Storm Henry is [...]
Law firm Slater and Gordon in talks over debt restructuring, calling in FTI Consulting to help boost the firm’s financial health January 31, 2016 One of the most prominent personal injury law firms has brought in management consultants in a bid to fix its financial health. Slater and Gordon, which is listed on the stock exchange in Australia, is in discussions with consultants from FTI Consulting over debt restructuring. The move comes less than a week after the law firm revealed [...]
Highest paid partner at magic circle law firm Freshfields Bruckhaus Deringer pockets rising pay, although salaries among staff cut compared to year before January 28, 2016 A magic circle law firm has been splashing the cash on its highest paid partner, although the total amount spent on salaries for staff has been slashed. According to accounts filed at Companies House yesterday for Freshfields Bruckhaus Deringer LLP, the total profit and remuneration allocated to its highest paid partner, which included payments made [...]
Academic paper says “flash crash” trader Navinder Singh Sarao not the cause of 2010’s sudden market drop January 28, 2016 A research paper published online earlier this week by three US-based academics claims that May 2010's "flash crash" had little or nothing to do with the actions of a British trader accused of contributing to the sudden market drop. The study, which is entitled The Flash Crash: A New Deconstruction, concludes that it is "highly unlikely" the crash [...]
Law firm Irwin Mitchell reports boosted in profit before tax and revenue for year ended April 2015 January 28, 2016 NULL
Employers not doing enough to support older workers who want to modify work commitments before they fully retire January 28, 2016 Businesses do not have enough retirement-friendly policies in place, scuppering people's plans to keep working for longer. According to a report released today by the Aegon Center for Longevity and Retirement (ACLR) and the Transamerica Center for Retirement Studies (TCRS), more than half (56 per cent) of workers from around the world foresee that they will [...]
Nasdaq finance chief Lee Shavel to retire in March 2016 and a search for a replacement is on January 28, 2016 Nasdaq's finance chief and executive vice president of corporate strategy has today revealed he will retire on at the end of March. Lee Shavel has been with Nasdaq since 2011, when he joined from Bank of America Merrill Lynch. "We have been fortunate to have someone with Lee's talent and skills working for us," said Bob Greifeld, chief executive of Nasdaq. [...]
Libor scandal trial: All six defendants cleared after sixth broker acquitted by jury, as case is branded a “shambles” January 28, 2016 Former ICAP broker Darrell Read has been acquitted of accusations related to manipulating the London Interbank Offered Rate (Libor), as the decision to bring the case was slammed. Yesterday, the jury acquitted five other ex-brokers and determined that Read was not guilty on one count of charges against him, although it was yet to reach a decision on [...]
Don’t be late: Self-assessment tax return deadline date is Sunday 31 January, so here’s a list of things you might want to know about avoiding that £100 late filing penalty January 28, 2016 We hope you've marked this Sunday 31 January in your diary – it's filing deadline day for self-assessment tax returns. But, if you need a break from your yearly paperwork, why not distract yourself with these seven facts about self-assessment? 1. It seems endless battles with train delays have left capital dwellers with a warped sense [...]
