Hogan Lovells hikes NQ pay to match London’s Magic Circle April 7, 2022 Anglo-American law firm Hogan Lovells has put itself on par with the Magic Circle in hiking salaries paid out to its newly-qualified lawyers to £107,500 a year. The law firm is set to give its freshly trained lawyers a 7.5 per cent pay boost after upping their salaries from £100,000. The pay hike puts Hogan [...]
High Court judge says it would be unfair to force Ukrainian billionaires to fight $4.2bn fraud trial April 7, 2022 A High Court Judge has halted a $4.2bn fraud trial after claiming it would be unfair to force two of Ukraine’s richest men to fight the court battle due to Russia’s invasion of Ukraine. The High Court Judge adjourned the court battle between Ukraine’s biggest bank, Privatbank, and Ukrainian billionaires Gennadiy Bogolyubov and Ihor Kolomoisky, [...]
Michael Saylor: ‘I have never been more bullish on Bitcoin’ April 7, 2022 The chief executive of Microstrategy said he has never been more bullish about crypto after increasing the firm's Bitcoin holdings to $6bn.
Oil prices dip below $100 per barrel following IEA pledge to flood markets April 7, 2022 Oil prices dropped below $100 on both major benchmarks today - with markets weighed down by pledges from the IEA to boost supplies.
Cladding bill nears £2bn mark as Bellway, Vistry and Countryside Partnership pledge to fix homes April 7, 2022 Housebuilders’ pledges to repairing unsafe cladding has neared a bill of £2bn as Bellway pledged £485m to fix homes on Thursday. According to analysis from AJ Bell, the total bill now stands at £1.8bn, with FTSE 100 developer Berkeley yet to declare how much it will provide. The department for levelling up, housing and communities [...]
Levi’s chief: Globalisation is dead and supply chains should look closer to home April 7, 2022 Levi’s boss has said companies should look to produce goods closer to their target market. Chip Bergh, the president and CEO of Levi Strauss, has said a trend of chasing the “lowest-cost manufacturing base around the world” is coming to an end. “The name of the game today is supply chain resilience and agility,” Bergh [...]
Crypto group condemns ‘unacceptable’ trolling of MEPs April 7, 2022 Crypto lobbyists have apologised to members of the European parliament who were targets of "unacceptable" trolling online.
Lawyers cast doubt over claims Sunak’s wife’s ‘non-dom’ status has nothing to do with tax benefits April 7, 2022 Tax lawyers have cast doubts over claims that Rishi Sunak’s wife is not using her “non-dom” status for tax benefits. Lawyers countered claims that billionaire heiress Akshata Murthy’s non-domicile status is linked to her Indian nationality, after pointing out domicile has “nothing to do with citizenship” under UK law. The tax experts noted that Murthy’s [...]
Coastguard reinspects detained P&O ferry as operator sets to restart April 7, 2022 The Maritime and Coastguard Agency (MCA) said today it was reinspecting a P&O Ferry detained in Northern Ireland after it was deemed “unfit to sail.” According to the MCA, the reinspection was taking place at P&O’s request. “All inspections have to satisfy the Maritime and Coastguard Agency that the ferries fulfil the requirement of the [...]
Under pressure: NHS asks families to care for covid-positive loved ones April 7, 2022 NHS chiefs have asked family members to discharge Covid-positive loved ones from hospital as services buckle under pressure.
