Jaguar Land Rover registers £9m loss as chip shortages extend well into 2022 January 31, 2022 Jaguar Land Rover has registered a £9m loss in the three months ended 31 January, as a result of ongoing chip shortages that are expected to extend throughout the year. According to the automotive giant, the situation has somewhat improved compared with the previous three months because of Covid easing in southeast Asia. Jaguar reported [...]
Trio of 304mph Bugatti hypercars delivered to London January 31, 2022 Three examples of the record-breaking Bugatti Chiron Super Sport 300+ have come to the UK. They account for 10 percent of the production run.
Honda HR-V 2022 review: All that Jazz January 31, 2022 The HR-V is a stylish SUV with a sensible streak – including a petrol-electric hybrid drivetrain and Honda's clever Magic Seats. We drive it.
UK is lagging behind on crypto assets, says Philip Hammond January 31, 2022 The UK's former chancellor has warned Britain will lose its competitive advantage in financial services if it does not ramp up its crypto efforts.
Online hearings are harming junior lawyers, top judge says January 31, 2022 A senior British Judge has warned that virtual hearings are stunting junior lawyers’ development. Chancellor of the High Court Sir Julian Flux warned that “junior barristers and solicitors’ participation is limited to being a tile without picture or sound on a Teams screen.” The top Judge warned that the rise of remote hearings has seen [...]
Hitting the wrong note: Hong Kong official resigns after attending karaoke bash January 31, 2022 Hong Kong’s home affairs secretary has resigned after he broke the city’s tough “zero-Covid” guidelines to attend a karaoke party. Caspar Tsui attended the bash alongside 14 other senior officials including the police and immigration chiefs, as well as pro-Beijing lawmakers. Hong Kong enforced heavier restrictions following a new Omicron outbreak in the city. Hong [...]
Bank of England bigwig urges firms to be ‘cautious’ about crypto January 31, 2022 A senior official at the Bank of England has urged institutional investors to be "cautious" in their approach to crypto assets.
Top UK lawyer leaves New York litigator to launch ‘modern’ firm – taking 27 of 33 lawyers with her January 31, 2022 A top British lawyer at Boies, Schiller & Flexner’s London office has said she is leaving the much talked about firm to set up a rival litigator, and that she will be taking more than 80 per cent of her former employer’s London-based staff with her. Natasha Harrison, a managing partner at Boies, Schiller & [...]
Moody’s withdraws GoAhead’s rating following results delay January 31, 2022 Moody’s has withdrawn Go Ahead Group’s rating following the firm’s announcement last week that its audited results would be delayed until the end of February. The credit rating company has also removed Go Ahead’s Ba1 corporate family rating and its Ba1-PD probability of default rating, after initially reviewing them for a downgrade. Moody’s cited the [...]
Construction giant Midas confirms intentions to appoint administrator after tumultuous year January 31, 2022 Construction titan Midas has confirmed it is planning to appoint an administrator after the firm experienced financial woes in the past year. The Devon-based firm filed a £2m loss last year, marking its first deficit in 40 years of trading. Rival firms have reportedly approached Midas about a possible rescue deal, according to trade publication [...]
