Report: Festivals risk losing another summer unless government support kicks in May 29, 2021 Music festivals are looking at another ‘lost summer’, a report has said today, due to the lack of government plans to back insurance for events at risk of cancellation due to Covid-19. The report, by the Department for Digital, Culture, Media and Sport (DCMS) committee, calls on ministers to offer a safety net for live [...]
Challengers turn their backs on ‘shared audits’ of the largest companies May 27, 2021 So-called ‘challenger’ audit firms BDO and Grant Thornton are reportedly considering not pitching for shared audits of FTSE 100 companies, in a move that could jeopardise the government’s plans to water down Big Four dominance. The two challengers are instead considering focusing on increasing the number of FTSE 250 companies they audit on a solo [...]
Listed law firm Knights revises up earnings forecasts May 19, 2021 Knights expects revenue for its full 2021 financial year to be ahead of market expectations, after a year of growth at the firm. In a market update today, the listed law firm said it anticipates revenue for the full year to be in excess of the £100.8m market consensus, representing a minimum increase of 36 [...]
Leadenhall Market to become neon-soaked cinephiles’ dream May 4, 2021 Leadenhall Market will this month swap its Victorian grandeur for in-your-face neon lights, transforming into a living art exhibition courtesy of God’s Own Junkyard. The neon artists at the famous Walthamstow-based studio will create Electric City, an “immersive technicolour production”, featuring highlights from its 40-year history making neons for cinema, including Stanley Kubrick’s Eyes Wide [...]
Ex-Irwin Mitchell duo set up London boutique employment firm May 4, 2021 Former Irwin Mitchell partners Emilie Cole and Shazia Khan have launched a boutique law firm specialising in employment and professional discipline law. The firm, Cole Khan, is located in Chancery Lane, London’s legal heartland, across the road from the Law Society. Currently the firm is all-female, with just the founding partners, though it is looking [...]
ETL Global doubles UK legal footprint with London law firm buy May 4, 2021 International professional services group ETL Global has acquired Laytons, in a deal that will double the company’s footprint in the UK legal sector. Laytons, located just down the road from Liverpool Street station, is a 30-partner firm and employs a further 66 people. ETL has not disclosed how much it paid for the London firm, [...]
Listed law firm Knights buys Yorkshire firm May 4, 2021 Knights has agreed to acquire Keebles, a century-old Sheffield-based law firm, for £11.54m. The acquisition will see 138 lawyers join Knights, and will provide the listed law firm with entry into Sheffield. Knights will buy Keebles from its ten existing equity partners for a total of £11.54m, subject to working capital adjustments at the [...]
Keystone Law CEO: ‘There’s always been a culture of presenteeism in law firms – but that makes less sense now’ April 29, 2021 AIM-listed Keystone Law has enjoyed a good financial year, with profits and revenue at the firm up, something it attributes to being accidentally pandemic-ready thanks to its flexible approach to work. Revenue for the year jumped nearly 11 per cent to £55m, while profit before tax rose to £5.4m, some £200,000 more than the previous [...]
Gupta’s business empire sued by rival Tata over £100m steel deal April 22, 2021 Sanjeev Gupta’s business empire is reportedly being sued by rival Tata over a £100m deal that made him one of Britain’s biggest steel magnates. Tata has filed a commercial court claim against Gupta’s GFG Alliance — parent company of Liberty Steel — over alleged mispayments, the Daily Telegraph reported. The case is said to relate [...]
Live events: UK to launch pilot insurance scheme as part of sport and culture reopening April 14, 2021 Live events: UK to launch pilot insurance scheme as part of sport and culture reopening