London lawyers expect boom in legal disputes on the back of Brexit and Covid-19 April 11, 2022 London litigators are readying themselves for a new wave of litigation lawsuits on the back of Brexit and Covid-19. In a survey carried out by the London Solicitors Litigation Association (LSLA), 84 per cent of lawyers polled said they expect a surge in the number of Covid related contractual disputes. Another 70 per cent of [...]
National insurance hike sparks wave of job cuts April 11, 2022 Businesses have unleashed a wave of job cuts to cope with being hit by the national insurance hike, reveals fresh research released today. The pipeline of redundancies has taken off in the last month alone, triggered by firms scrambling to protect their bottom lines ahead of a series of damaging tax rises. The number of [...]
GUILTY: London jury finds tennis legend Boris Becker guilty of hiding shares, loans and property April 8, 2022 Three-time Wimbledon champion Boris Becker has been found guilty at Southwark Crown Court of four charges under the Insolvency Act and acquitted of a further 20 counts relating to his 2017 bankruptcy. The six-time grand slam champion, 54, was accused of hiding millions of pounds worth of assets, including two Wimbledon trophies, to avoid paying [...]
London property director hit with 11 year ban after conning investors out of millions April 5, 2022 A London property director has been given a 11-year ban from the top position, after scamming investors out of millions. Sam Eustace, from Sutton in south London, was formerly director of Kingsman Property, which promised landlords guaranteed rent all year around. The company also offered investors the opportunity to receive annual returns of 30 per [...]
Purplebricks delays appointment of new CEO as due diligence checks continue April 5, 2022 Online estate agent Purplebricks has delayed the appointment of its new CEO amid reports of probes of a historic personal insolvency. The troubled real estate firm revealed a delay in appointing Helena Marston on Monday, in an update to the London Stock Exchange. Purplebricks stated that “due diligence checks required by the AIM Rules are [...]
Downing Street weighs up nationalisation of Gazprom’s UK retail arm April 3, 2022 The government is preparing to nationalise Gazprom's UK supply arm amid a stand-off between the firm and a Wall Street giant,
English Heritage ‘reviews’ relationship with disgraced P&O Ferries April 3, 2022 In the latest indignity for P&O Ferries, English Heritage has reviewed its partnership with the disgraced shipping company. The charity is reviewing its relationship with the ferry operator, after it came under fire for sacking 800 employees last month. English Heritage told the Mail on Sunday that it was “pausing and reviewing” its partnership with [...]
Ferry passengers at Dover face disruption as queues multiply due to bad weather April 2, 2022 Passengers at Dover are facing disruption as queues on ferry services multiply due to the bad weather. “Due to adverse weather conditions, we are currently experiencing delays on all of our crossings,” said ferry operator DFDS via Twitter. “To our customers already checked in at our ports, please proceed as normal. On your arrival at [...]
Criminal probe launched against P&O over sacking of 800 seafarers April 1, 2022 The Insolvency Service has launched criminal and civil investigations into the sacking of nearly 800 seafarers by P&O Ferries. Transport Secretary Grant Shapps wrote on Twitter: “The Insolvency Service has reviewed P&O Ferries’ actions and placed it under criminal investigation for its actions. “Peter Hebblethwaite stood before MPs and admitted to breaking the law, and [...]
Government urged to launch public inquiry into P&O scandal April 1, 2022 The government has been urged to launch a public inquiry into the P&O scandal, during which almost 800 workers were made redundant. The Liberal Democrats have written to the cabinet secretary Simon Case calling for immediate action so “families can get the answers they deserve”, after hundreds of people lost their jobs and were plunged [...]