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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Legal aid funding cut by £728m as watchdog warns MoJ lacks understanding on reforms

February 9, 2024

Hillier, who is the chair of the Committee of Public Accounts, said: "Nine years after our Committee scrutinised legal aid, the MoJ still does not fully understand the impact of its reforms."
Biden: “I’m well-meaning, elderly, and I know what the hell I am doing”

February 9, 2024

US president Joe Biden hit back at questions about his age and his memory last night following a report by a top lawyer that called him an “elderly man with a poor memory”. “That is your judgement” he shouted back at a journalist who questioned the president on people expressing concerns about his age. She [...]
London Metal Exchange faces legal action over trading in ‘dirty metals’

February 8, 2024

The London Metal Exchange (LME) is set to defend itself after legal action was filed in the English High Court by eco groups over it “trading in dirty metals”. Global Legal Action Network (GLAN), along with the London Mining Network, are arguing that by enabling the global sale of ‘dirty metals’, LME is breaching UK [...]
Competition watchdogs kicks off inquiry into Aviva acquisition of AIG Life

February 8, 2024

The Competition and Market Authority (CMA) has launched a merger inquiry into the acquisition of AIG Life by Aviva. It was announced last September that Aviva was acquiring the US giant protection business from its subsidiary Corebridge Financial for a quoted price of £460m. The business Aviva is buying provides has 1.3m individual protection customers [...]
Baker Tilly International breaks through the $5bn barrier

February 8, 2024

Consultancy giant Baker Tilly International reported double-digit growth in revenue over 2023, with advisory being the fastest growing line. The firm saw its global turnover jump 11 per cent to $5.2bn for the financial year ending 31 December 2023 with double-digit growth across all service lines. Out of its major service lines, advisory was the fastest at [...]
Major insurers attempt to push billion pound litigation to a Russian court

February 7, 2024

Major insurance companies are at court today seeking to have a multi-billion pound aviation legal action moved from England to a Russian court
Taylor Swift threatens legal action against student who tracks private jets: ‘Her team thinks they can control the world’

February 7, 2024

Music icon Taylor Swift has threatened legal action against a US student over his social media accounts that track flights of celebrities’ private jets, including hers. Jack Sweeney, who is a student at the University of Central Florida, runs social media accounts that focus on takeoffs and landings of private planes owned by wealthy and [...]
Still “jeopardy” over CBI future, but new prez Rupert Soames says firms are re-engaging

February 7, 2024

The new boss of the Confederation of British Industry (CBI) revealed that there is still some doubt as to whether the business lobby group can survive the scandal. Speaking to the BBC, the CBI’s new president Rupert Soames admitted that the organisation has to refinance its bank debt in autumn of this year. He explained [...]
Over-hiring blamed as UK consultancy job vacancies nosedived last year

February 7, 2024

The number of job vacancies at UK consultancies dropped by more than 80 per cent last year, as experts park the blame on firms over-hiring coupled with the drop in demand. According to data from a labour market analytics firm Vacancysoft shared with Bloomberg, McKinsey and Co., Bain & Co., Boston Consulting Group and Accenture [...]
Media tycoon Richard Desmond’s lottery firm files claim against Gambling Commission

February 6, 2024

According to the High Court filing system, the parties have instructed UK-US law firm Bryan Cave Leighton Paisner (BCLP) to bring the case to the Technology and Construction Court (TCC).

Services sector cuts jobs and hikes prices after Reeves’ tax raid

Williams F1 ‘competing with top 50 teams in sport’, says Kenyon

This is low-key the best place to drink Italian wine in London…

By: Maria Ward-Brennan

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