Barclays reports surge in scammers targeting customers February 15, 2022 Barclays has reported a surge in scammers trying to con its customers out of cash as it warned the public today to remain vigilant to the tricks deployed by fraudsters.
Sadiq Khan to create £90m City Hall green bond programme February 15, 2022 Sadiq Khan will issue City Hall green bonds as a part of a £90m programme intended to boost the UK’s investment in green infrastructure. The new programme, which will be in the mayor of London’s £16bn+ 2021-22 Budget, will see £86m spent on the green bond programme and a further £4m spent on developing “high-impact [...]
Looming Russia-Ukraine conflict sends chill through City February 14, 2022 Mounting fears over an imminent Russian insurgency of Ukraine rippled throughout the City yesterday, wiping billions off of the value of the UK’s top companies. The potentially devastating impact of a war in eastern Europe spooked investors and sent them flooding into safe assets. In a bruising day on the Square MIle, the FTSE 100 [...]
DWF CEO Sir Nigel Knowles says big pay rises are not a solution to legal sector’s recruitment crisis February 14, 2022 Sir Nigel Knowles, the former Co-CEO and co-chairman of DLA Piper, has said that offering young lawyers huge pay rises will not fix the legal sector’s recruitment crisis. In a letter to the Financial Times, Knowles said “offering more and more money to young people is only a sticking plaster” as he argued law firms [...]
London markets turn to cigarettes and gold as geo-politics panics February 14, 2022 It appears investors in the blue-chip index were resorting to gold and cigarettes today, as London markets grapple with the declining geo-political landscape.
Small London law firm seeks to compete with Magic Circle by appointing its own ‘fertility officer’ February 14, 2022 A small family law firm, with offices in Clapham, Hammersmith, and Islington, has become the first UK company to appoint its own “fertility officer,” as it seeks to compete with larger rivals that have begun offering highly expensive fertility benefits. London law firm Burgess Mee has named surrogacy law specialist, Natalie Sutherland, as its first [...]
Energy round up: Prices rise amid fears Russia will invade Ukraine February 14, 2022 Petrol, oil and gas prices have risen amid rising fears Russia could invade Ukraine and disrupt supply chains.
Evraz shares sink with demerger plans and growing Ukraine tensions February 14, 2022 Evraz's shares have sunk on the London Stock Exchange, dropping 29 per cent on the FTSE 100 amid growing tensions between Russia and the West over Ukraine.
Apple whacked with another £4.2m antitrust fine by Dutch watchdog February 14, 2022 Apple faces another setback today after the Dutch antitrust watchdog fined it €5m (£4.2m) for failing to allow software app makers to use non-Apple payment methods for dating apps on the App store. The tech giant failed to meet the deadline set by the Authority of Consumers and Market (ACM), and represents the fourth time [...]
UK government to set out plans for audit watchdog overhaul imminently after years of delays February 14, 2022 UK government ministers will set out their plans to reform regulation of the UK’s auditing industry within the coming weeks, after calls for an overhaul first emerged in 2018 in response to the collapse of UK construction contractor Carillion. The proposals are currently being circulated and are set to be signed off imminently, according to [...]