Labour calls to ban P&O management from senior positions May 19, 2022 The Labour Party has called to ban the management of disgraced ferry operator P&O from ever holding any kind of senior position after the company sacked 800 seafarers and replaced them with cheaper workers. “P&O brazenly broke the law and they have faced no consequences for their action,” said shadow transport secretary Louise Haigh during [...]
FCA gives greenlight to River and Mercantile takeover by Gilbert’s AssetCo May 19, 2022 The FCA has given the greenlight today to the takeover of River and Mercantile by the investment vehicle headed by city veteran Martin Gilbert.
Mishcon de Reya hikes salaries for newly qualified lawyers to £90,000 a year May 19, 2022 London law firm Mishcon de Reya has given its newly qualified (NQ) lawyers an eight per cent pay rise, after upping their salaries from £83,000 to £90,000. The pay hike leaves Mishcon lagging behind its Silver Circle rivals, including Ashurst and Herbert Smith Freehills, who both pay NQs salaries of £105,000 a year In a [...]
Russia threatens to send supplies to other countries if EU brings in oil ban May 19, 2022 Russia is prepared to send any supplies rejected by European countries to other regions such as Asia if it brings in more energy sanctions.
Tesco will plough ahead with removing multi-buy promotions on sugary foods despite government delay May 19, 2022 Supermarket giant Tesco has announced it will continue with plans to remove volume-led promotions of sugary foods, despite the government pushing back legislation by a year. The supermarket said this decision had been taken after customer feedback that they wanted the business to help them make healthier choices. Removing ‘buy one get one free’ promotions [...]
Russian oligarch’s libel lawsuit against Bellingcat founder thrown out of court May 19, 2022 A libel lawsuit brought forward by a sanctioned Russian oligarch against the founder of investigative news site Bellingcat has been thrown out of court. A High Court judge dismissed Yevgeniy Prigozhin’s lawsuit against Bellingcat founder Eliot Higgins, due to the oligarch’s “repeated failure to comply with simple court orders,” following his lawyers exit from the [...]
Easyjet ‘in right place’ to meet summer demand, says boss May 19, 2022 Easyjet is “in the right right place” to meet the summer demand, according to chief executive Johan Lundgren. The airline reported that bookings have been above pre-pandemic levels in the last 10 weeks, with the number of tickets sold increasing by 15 per cent on 2019 levels. Lundgren added the airline was “absolutely focused” on [...]
When complex arrangements are really just good-old employment income in disguise May 19, 2022 Justine Riccomini explains why it is important for employment tax practitioners to “look through” what appears to be a complex arrangement and see it for what it really is – in this case, a way of paying cash bonuses to employees. Background In Jones Bros Ruthin (Civil Engineering) Co Ltd and Britannia Hotels Ltd v [...]
Nadine Dorries pushes back against potential subscription model for privatised Channel 4 May 19, 2022 Culture Secretary Nadine Dorries has said she “can’t see a scenario” in which a privately owned Channel 4 would become partly or wholly subscription based.
Advertising Standards Authority coming down hard on crypto ad breaches May 19, 2022 The UK’s Advertising Standards Agency has revealed the extent of its crackdown on claims made by cryptocurrency services.