A second term for President Macron would be welcome news for the Euro area February 18, 2022 While President Macron has yet to officially say he will run for a second term, the announcement is expected any day now. The majority of opinion polls put him way out in front. He is followed by three candidates with not much separating them, including Valérie Pécresse, the candidate of the conservative Les Républicains party, [...]
‘A dangerous crossroads’: Gambling industry warns UK against heavy reform as black market swells across Europe February 18, 2022 New data released today has revealed the shocking size of black market gambling across Europe as industry warns the government that it is “at a dangerous crossroads”, urging ministers to “learn lessons from abroad” in its upcoming gambling review. According to research from the Betting and Gaming Council, British punters using unlicensed sites has more [...]
Coming to America: The Independent thanks US expansion for record revenue February 18, 2022 The Independent delivered record growth this morning, with revenue up 52 per cent over the past two years as the media group drives international expansion. The boom was buffered 96 million monthly visitors across the year, with more than 50 per cent of this coming from outside of the UK. Unlike a lot of editorial [...]
Baby you can’t drive my car: 6.7m motorists at risk of driving uninsured February 18, 2022 Around 6.7 million UK motorists are currently at risk of driving uninsured, according to a new research from automotive insurance Direct Line. Only 38 per cent of the 14 million people who have driven someone else’s car in the last year checked they were insured to do so, while 32 per cent said they were [...]
Hogan Lovells poaches two of Linklaters M&A lawyers as M&A boom continues February 17, 2022 City of London law firm Hogan Lovells has poached two of Linklaters’ M&A lawyers, as the surge in M&A activity continues. Anglo-American law firm Hogan Lovells, which has headquarters in London and Washington, D.C., said it has hired Peter Cohen-Millstein and Megan Ridley-Kaye to join its New York M&A practice, as it pushes forwards with [...]
Allianz sets aside €3.7bn to pay for collapsed fund lawsuits, following talks with US authorities February 17, 2022 German insurer and asset manager Allianz has set aside €3.7bn (£3.1bn) to settle lawsuits arising from the collapse of its Structured Alpha funds, following talks with US authorities. Allianz, the world’s largest insurance company, said it had set aside €3.7bn in “anticipation of settlements with major investors.” The comments come after the US Department of [...]
Barrister fined £500 for calling female lawyer ‘hysterical woman’ February 17, 2022 A 66-year-old barrister has been fined £500 after calling a female lawyer an “hysterical woman” at Worthing County Court. London lawyer Feliks Kwiatkowski was fined after he said a witness statement – that had been drafted and signed by a female lawyer – was the work of an “hysterical woman”. After being challenged over his [...]
Universal Music agrees partnership to launch NFT fan collection for labels and artists February 17, 2022 Universal Music makes a grand push into NFTs today, agreeing a partnership Curio, the premier Non-Fungible Token (NFT) platform for entertainment brands and musical artists.
Entrenched supply crunch stoking inflation risks throttling global economy, IMF warns February 17, 2022 Supply chain breakdowns stoking inflation are inflicting “harm” on the global recovery from the Covid-19 crisis, the world’s economic watchdog warned today. Swelling costs fuelled by choking supply bottlenecks pose a serious risk to derailing the economic rebound by cutting households’ spending power, the International Monetary Fund (IMF) has warned. Central banks launching a rapid [...]
Slap up Valentines Day meals boosts UK diner volumes February 17, 2022 Couples treating themselves to a slap up Valentines Day meal boosted the volume of diners in the UK over the last week, revealed official figures released today. The number of restaurant goers in Britain surged 17 percentage points in just a week and is now nearly a third above its pre-pandemic level, according to the [...]
