By: Maria Ward-Brennan

Senior Reporter Maria Ward-Brennan is a senior reporter focused on law and professional services. Contact her via email on maria.ward-brennan@cityam.com or X (Twitter) @MariaW_B

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Nigel Farage threatens Natwest with legal action unless it settles his compensation claim

February 16, 2024

Nigel Farage threatens Natwest new CEO Paul Thwaite with legal action with an aim to make "sale of shares very difficult", unless the bank settles "an ongoing compensation claim with him"
Natwest confirms Paul Thwaite as new boss with £1.2m annual salary

February 16, 2024

Paul Thwaite has been confirmed by Natwest's board to be the new group CEO, as he is set to take home a £1.1m pay package
Close Brothers shares collapse after FCA auto finance probe forces it to scrap dividend

February 15, 2024

Shares in Close Brothers have collapsed after it scrapped dividend payouts for the current financial year and put 2025 rewards under review, with the group bracing for potential compensation costs from a motor finance review by the City watchdog. The news sent the group’s shares down 28 per cent in London on Thursday morning. Close [...]
Relx revenue jumps as demand for the firm’s AI tools and data analysis surges

February 15, 2024

Tech group Relx's revenue surpassed £9bn in the 2023 financial year as the company benefitted from the growth of information-based analytics and decision tools.
SFO chief wants to pay whistleblowers – but City lawyers warn policy faces hurdles

February 14, 2024

City lawyers have warned that implementing a policy of paying financial crime whistleblowers rewards in the UK won't be straight forward and faces a number of legal and cultural challenges.
Mastercard and Visa are back in court over interchange fees

February 14, 2024

The lawsuits allege that Mastercard and Visa both acted unlawfully by overcharging businesses for accepting credit and debit card payments on corporate and consumer cards.
Clifford Chance: London magic circle law firm brings in long-time Accenture finance boss

February 14, 2024

Magic circle law firm Clifford Chance has hired a new chief financial officer from professionals service firm Accenture. Daniel Burton is set to join the law firm mid-June, and will take over from its current global CFO Patrick Glydon who is retiring in July. Glydon was in the CFO role at the magic circle for [...]
Marks and Spencer Oxford Street row: Court told Michael Gove ‘misunderstood and misapplied’ planning policy

February 13, 2024

The Secretary of State for levelling up “misunderstood and misapplied” planning policy when it rejected Marks and Spencer Oxford Street demolition scheme, a judge heard. Today, the High Court heard a judicial review by Marks and Spencer over the Secretary of State for levelling up , Michael Gove MP, decision to refuse planning permission for [...]
Hogan Lovells: US-UK law firm’s revenue jumps 10 per cent and surpasses £2bn

February 13, 2024

American-British law firm Hogan Lovells global revenue has jumped nearly 10 per cent over the last financial year, which sees the firm surpassing £2bn for the first time. Over 2023, the firm generated £2.15bn in revenue, which was up from the £1.97bn it posted over the previous year. In terms of its practices, its corporate [...]
Google in talks to participate in Lloyd’s of London captive syndicates

February 12, 2024

US tech giant Google is reportedly in talks to participate in the City's insurance and reinsurance market via a captive.

Ministers should ‘stop managing scarcity’ in living standards push

Exclusive: ‘Punchy’ £2.5m crowdfund to value Kane-backed Reflo at £25m

The 11 best pies in London to eat during British Pie Week

By: Maria Ward-Brennan

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