Not classy: lawfare will weaken the British economy November 22, 2025 The recent explosion of class action lawsuits and third-party litigation funding in Britain is argued to be damaging the UK economy and its reputation for legal stability, often primarily enriching funders rather than compensating victims, says James Price American cinema has long loved the class action lawsuit. Hundreds, maybe thousands of little guys ganging up [...]
KBRA Assigns Preliminary Ratings to Cheshire 2021-1 PLC November 21, 2025 KBRA UK (KBRA) assigns preliminary ratings to six classes of notes issued by Cheshire 2021-1 PLC (Cheshire Refinance), a static RMBS securitisation backed by a non-conforming portfolio of performing and reperforming mortgage loans. Cheshire Refinance will be a refinancing of the original Cheshire 2021-1 PLC transaction, which closed in September 2021 (50.7% of the portfolio) [...]
Tottenham sign hair transplant partner Elithair to tackle lack of cover up top November 21, 2025 Tottenham Hotspur fans who have torn their hair out watching the club have been offered a solution after Spurs partnered with hair transplant clinic Elithair. Elithair has taken the hitherto unheralded title of Official Hair Treatment Partner, joining a roster of Tottenham sponsors that includes insurance giant AIA, kit maker Nike, crypto exchange Kraken and [...]
Premier League clubs to pay levy on overspend after approving new rules November 21, 2025 Big-spending Premier League clubs will pay a levy on any overspend as part of new Squad Cost Ratio (SCR) financial rules voted in for next season. At a shareholders meeting today in London, a vote to introduce SCR in place of the controversial Profitability and Sustainability Regulations (PSR) achieved the required majority. They rejected proposals [...]
Babcock shares wobble as investors split on performance November 21, 2025 Engineering and defence giant Babcock has seen its share prices wobble in morning trading, as investors were split over the group’s first half of the year performance. The FTSE 100 company saw revenue shoot up 7 per cent to £2.54bn, while profit before tax climbed 19 per cent to £201.1m, bolstered by strong performances from [...]
PM set to formally approve new Chinese embassy November 21, 2025 Sir Keir Starmer is expected to give his formal seal of approval to a controversial new Chinese mega-embassy at Royal Mint Court, with the backing of the security services. According to a report in The Times, the approval is set to be a ‘formality’. The Home Office and Foreign Office – and, by extension, MI5 [...]
Join City AM and guests for a LIVE broadcast on Budget Day November 21, 2025 After months of speculation and mounting political drama, Rachel Reeves will deliver her second Budget at noon on Wednesday 26 November. City AM‘s team will bring you all the news throughout the day on our Live Blog via CityAM.com and the City AM App, along with a special livestream broadcast from the heart of the [...]
Massa’s £64m trial a risk for Bernie Ecclestone, lawyer warns November 21, 2025 Filipe Massa’s £64m damages claim proceeding to trial represents a risk to Bernie Ecclestone and Formula 1, a top lawyer has warned. Brazilian Massa’s case against Ecclestone, Formula 1 and motorsport’s governing body the FIA saw a judgment handed down this week at London’s High Court saying parts of the claim can go to trial. [...]
Zilch Becomes Official Way to Pay for Arsenal Football Club November 21, 2025 UK and EMEA’s fastest-growing fintech unicorn announces first ever brand partnership Agreement with Arsenal will give new and exclusive supporter benefits and more flexible ways to pay
Clifford Chance AI-driven redundancies hit London business service roles November 21, 2025 Law firm Clifford Chance is preparing for dozens of redundancies after launching a restructuring of its London business services team. Around 10 per cent of the 550 employees are set to lose their jobs, according to the Financial Times. It was reported that the magic circle firm told staff last month that greater use of [...]