Labour goes into bat for the City of London in future trade deals September 28, 2021 Labour is calling for the government to include more provisions for financial services in the UK’s post-Brexit trade deals, with one shadow cabinet minister praising the “tremendous work” of the City during Covid. Shadow international trade secretary Emily Thornberry said at a fringe event at the Labour conference that the economic crisis would have been [...]
Labour conference: City lawyers would be forced to give free help to rape victims under Starmer September 28, 2021 A Labour government will force City lawyers to take on 35 hours a year of free work on behalf of rape victims, shadow justice secretary David Lammy has announced. The new policy would see City of London firms disqualified from winning government contracts unless every one of their lawyers undertakes the pro bono work. Lammy [...]
Judge rules in favour of Morrisons workers in £100m fight for equal pay September 28, 2021 Thousands of Morrisons retail staff are making progress with their £100m fight for equal pay following a new ruling at an employment tribunal. The ruling, by judge Davies at Leeds Employment Tribunal, confirmed that Morrisons’ shop floor workers can compare their pay with the supermarket giant’s distribution centre workers. The mostly female staff, both current [...]
Over two thirds of lawyers have battled with mental health problems September 28, 2021 More than two thirds of lawyers in the UK have suffered from mental ill-health, and the majority are at a high risk of burnout, a new report by a lawyer wellbeing charity has found. The report by LawCare, published today, contained the results of a detailed survey of over 1,700 legal professionals across the UK, [...]
Shares collapse for London-listed firm behind Southeastern train operations September 28, 2021 One of the companies behind Southeastern train operations, which the government took control of this morning, has had its share collapse nearly 25 per cent. Southeastern is operated by Govia, a joint venture between transport operators Go-Ahead (65 per cent) and Keolis (35 per cent). Go-Ahead’s shares plunged 24.98 per cent to 769p per share [...]
Brexit has fuelled gasoline crisis, admits Grant Shapps September 28, 2021 Transport Secretary Grant Shapps has back tracked to admit that Brexit “no doubt will have been a factor,” in the ongoing fuel crisis. Despite pushing back last week on accusations that Brexit was to blame for the current shortage of Heavy Goods Vehicle (HGV) drivers, Shapps admitted this morning in comments to the BBC that [...]
Goldman’s Petershill Partners slides after £4bn London IPO September 28, 2021 Shares in Goldman Sach’s Petershill Partners fell today after the alternative asset manager made its debut on the London Stock Exchange with a market capitalisation of £4bn. Petershill Partners, which owns minority stakes in 19 private equity, venture capital and hedge funds with a combined $187m of assets under management, sold £1.2bn of stock as [...]
Ethereum developer pleads guilty to helping North Korea evade sanctions September 28, 2021 Ethereum developer Virgil Griffith has pled guilty to conspiracy charges after helping North Korea to evade US sanctions using crypto payments. Griffith yesterday admitted to conspiracy to violate the International Emergency Economic Powers Act by helping North Korea to set up crypto payment infrastructure. The software expert was arrested in 2019 after speaking at the [...]
Why aqvavit is moving from Scandinavia into your drinks cabinet September 28, 2021 Once believed capable of curing any illness known to man, aqvavit has gone from a drink rarely seen outside of its native Scandinavia to the connoisseur’s choice of spirit for London Cocktail Month. Danny Walker and Liam Hirt are a pair of British distillers who saw the potential in aqvavit. Working between their Psychopomp Distillery, based [...]
Sadiq Khan: English footballers inspired me to open up on racist abuse September 28, 2021 Sadiq Khan has said English football players like Marcus Rashford have inspired him to start speaking about the racism and death threats he receives. Khan said today that people “need to know” that “the mayor of the greatest city in the world needs protection 24 hours a day, seven days a week, because of the [...]
