One third of tech giants under digital services tax faced investigations by HMRC HMRC One third of tech giants that pay the UK’s new digital services tax have already been subjected to checks by HMRC, says national law firm Pinsent Masons. The digital services tax was introduced at the 2020 Budget in a move to ensure tech giants pay their fair share of tax, as they would be charged [...]
UK motor insurers break payout records as the sector battles rising cost INSURANCE Insurance companies have paid out £2.5bn in motor insurance claims in the third quarter of the year, which was a 21 per cent jump on the same period last year. Over the third quarter of 2023, UK insurers have issued the highest quarterly payout since the Association of British Insurers (ABI) began collecting this data [...]
Claudia Winkleman to step down from BBC Radio 2 next year BBC RADIO 2 Claudia Winkleman has announced she is stepping down from hosting her Saturday morning BBC Radio 2 show next year. After three years of presenting from 10am to 1pm, the broadcaster announced on the show on December 2 that she will present her last edition in March. She first joined Radio 2 in Spring 2008 to [...]
City lawyer sentenced to nine months in prison for ‘tipping off’ client November 30, 2023 A City lawyer convicted for “tipping off” one of his clients about a money laundering investigation was sentenced to nine months in prison today. William Osmond, founder of commercial and property law firm Osmond & Osmond Solicitor, was convicted earlier this month. He tipped off businessman James Reeding Ramsay after the Serious Fraud Office (SFO) [...]
CMA successful in appealing its right to probe Apple November 30, 2023 The Competition and Markets Authority (CMA) was successful in an appeal against a decision it did not have power market investigate tech giant Apple.
Aon hits insurance rival Howden with lawsuit a month after another settlement November 30, 2023 Insurance broker Howden Group Holdings has been hit with a new lawsuit by Aon, one month after the former settled its other claim. The new claim was filed to the English High Court this week by insurance giant Aon and its subsidiaries Aon UK and Aon Brasil. The lawsuit targeted Howden along with 11 other [...]
Cristiano Ronaldo hit with $1bn class action over Binance partnership November 29, 2023 Former Manchester United football player Cristiano Ronaldo has been hit with a class action in a court in the US over promoting unregistered securities by crypto company Binance.
Record level of British haulage businesses going bust ‘at a rate unheard of’ November 29, 2023 British haulage businesses going insolvent has jumped over the last two years as the fallout of the UK economy has pushed business to go bust.
Law firm RBG Holdings appoints new financial chief November 29, 2023 RBG Holdings has appointed Kevin McNair as the law firm's new chief financial officer to replace Suzanne Drakeford-Lewis who left after taking a sabbatical.
Bermuda to London: Hunt plots move to supercharge London insurance market November 29, 2023 The Chancellor, Jeremy Hunt, announced in his Autumn Statement that the Government plans to consult on a new framework to encourage the establishment of captive insurance companies in the UK.
