UK to sign financial services deal with Switzerland December 20, 2023 Chancellor Jeremy Hunt is set to ink a financial services deal with Switzerland in a bid to ease business transactions with UK firms and individuals.
Wellingborough by-election: More trouble for Sunak as Peter Bone loses seat December 20, 2023 Rishi Sunak is set to lead his party into yet another by-election early in 2024, after Conservative MP Peter Bone’s constituents voted to oust him from the Commons.
Founding member of the Lib Dems appeal dismissed as court rules evidence ‘not sufficient’ December 19, 2023 High Court has thrown out an appeal by a founding member of the Lib Dems, who claimed that she had been targeted online by a fictitious persona.
Spilt milk: court sides with vegan Oatly in trademark dispute December 19, 2023 Swedish alternative dairy company wins battle to use word milk in its marketing
The ‘biggest climate law ever’? What CBAM means for the UK December 19, 2023 “The biggest climate law ever in Europe, and some say in the world,” Peter Liese, lead negotiator for the European Parliament said. In reference to the Paris Agreement? Europe’s New Green Deal? Biden’s IRA? Nope – Liese was describing the carbon border adjustment mechanism, known to nerds by the catchy acronym CBAM. This wonkish-sounding legislation [...]
Leading lawyer Rachel Kent appointed by Treasury to oversee City watchdog scrutiny December 18, 2023 "The financial services regulators have a significant impact on millions of consumers and firms and it is important that they are subject to effective scrutiny," Kent said.
Exclusive data: 2024 sees rise of ESG, group actions and insolvency disputes December 18, 2023 London litigation lawyers predict environmental-related cases, group actions and insolvency disputes to increase next year. In exclusive data shared with City A.M. from the London Solicitors Litigation Association (LSLA), the majority of litigants surveyed (65 per cent) envisaged an increase in environmental/environmental, social, and governance (ESG) claims. John McElroy, a committee member of the LSLA [...]
Airbus and Rolls-Royce ink multi-billion pound deal to build planes for Turkish Airlines in the UK December 15, 2023 Airbus and Rolls-Royce have today announced they have been picked by Turkish Airlines to supply the carrier with 220 new aircraft.
Jacob Rees-Mogg’s Somerset Capital didn’t fail because of his politics December 15, 2023 The demise of Somerset Capital, the London-based emerging markets boutique co-founded by ex-Brexit minister Jacob Rees-Mogg, has sparked concerns about how his divisive brand of politics might have played in its downfall. Back in 2018, Rees-Mogg faced probing questions when it emerged that Somerset Capital had launched a new fund in Dublin amid concerns about [...]
Mark Kleinman: LSE chiefs must seize Shein opportunity December 14, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.