Herbert Smith Freehills to merge with US rival to create £1.6bn law firm November 11, 2024 Herbert Smith Freehills (HSF) is set to merge with US law firm Kramer Levin to create a £1.6bn "global legal powerhouse"
Allianz Investors v Barclays: Will investors lawsuits now come to a halt? November 1, 2024 The High Court handed down a major blow for UK investors after a judge struck out a chunk of a case Barclays faced, resulting in a potential close door on future investor cases
Rachel Reeves’ carry tax hikes are sensible, says private equity boss October 24, 2024 Rachel Reeves’ plans to tax private equity partners more onerously are sensible and concerns about them triggering an exodus of dealmakers from London have been overdone, a private equity boss has said. Rami Cassis, chief executive and founder of private equity boutique Parabellum, threw his weight behind the chancellor’s plans to bring carried interest – [...]
Hotel group in £118m lawsuit against Lloyds over alleged mistreatment October 8, 2024 Luxury hotel chain Macdonald Hotels is suing the Scottish subsidiary of Lloyds Bank as it claims it was "seriously wronged' by the bank, resulting in it losing out on millions of pounds
‘Time is of the essence’: Government urged to push ahead with planning changes September 26, 2024 The government has put forward a major set of reforms to the planning system, which is widely seen as one of the major barriers to economic growth.
Fortune publishes inaugural LGBTQ+ leaders list featuring six UK executives September 18, 2024 António Simões, boss at Legal & General, was the highest ranking business leader among UK executives, coming seventh on the overall list.
City deals advisers gear up for rebound after election pushed M&A to four year low September 3, 2024 The City’s deals advisers are gearing up for a rebound in activity in the closing months of the year after election uncertainty pushed mergers and acquisitions (M&A) to a four-year low in June, according to fresh figures today. The value of total deals involving UK firms, as either targets or buyers, slumped to £11.8bn in [...]
Reeves urged to soften private equity tax raid over fears of City exodus August 30, 2024 City groups are mounting a final call for the Chancellor to temper a tax raid on private equity fund managers amid fears of an exodus of dealmakers from London. Rachel Reeves’s Treasury has been consulting on plans to lift the levy on carried interest, the personal profits that fund managers make on the sale of [...]
How class actions became a hot trend in the UK August 8, 2024 The class action boom has made the UK a major hub for legal action - but this surge is a rising concern for business on the impacts of these mammoth claims
Is a new planning law what we need? July 27, 2024 The government introduced a Planning and Infrastructure Bill, arguing the planning regime acts as a "major brake on economic growth". But is creating new legislation the best way to get Britain building again?