Post Office scandal: Legal regulator warns it ‘will take action’ against unethical lawyers January 19, 2024 The legal regulator has warned law firms and lawyers who worked for the Post Office will face ‘action’ if they are found to have ‘fallen short’ of the standards. The Solicitors Regulation Authority (SRA) provided an update into its investigation today, explaining that it is currently scrutinising tens-of-thousands of pages of information and evidence. The [...]
Lawyers: Pledge to protect litigation funding welcome – but devil’s in the detail January 19, 2024 City lawyers have welcomed plans to change the laws around litigation funding, after a Supreme Court ruling raised major concerns about whether litigation funds can continue to back certain court cases.
‘Huge vote of confidence’: Sunak cheers Google’s £790m AI injection in Watford January 18, 2024 Google has announced plans to invest $1bn (£790m) to build a new UK data centre as it tries to gain a lead in the race for AI supremacy.
Royal Mail chief warns network ‘not sustainable’ and ‘urgent action’ needed to save it January 18, 2024 The chief of embattled Royal Mail has called for "urgent action" as the postal service braces against inflation and dwindling letter volumes.
Forget Gladiators and Traitors, the best TV show of 2024 is The Curse January 18, 2024 The Curse does things that no other TV show is even attempting, foregoing the usual requirement to entertain and instead staying true to its terrible, compulsive vision.
Is the UK sanctions watchdog up for the fight? January 18, 2024 Russia’s invasion of Ukraine sparked a wave of sanctions. But experts are questioning whether the UK's sanctions body, OFSI, will take the tough action needed to make sure UK companies comply.
City of London backs 65 Gresham Street revamp as Elizabeth Line’s Liverpool Street hub gets office space boost January 17, 2024 The site is within walking distance of Liverpool Street station, which became the busiest station in the UK last year with over 80m passengers, boosted by the Elizabeth Line, which is now the most popular route in the capital.
‘More cash than we know what to do with’: The big questions for BP’s new chief Murray Auchincloss January 17, 2024 Murray Auchincloss, chief executive officer of BP Plc, during a panel session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates, on Monday, Oct. 2, 2023. The annual strategic energy conference runs from Oct 2-5. Photographer: Christopher Pike/Bloomberg via Getty Images
London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data January 17, 2024 The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.
888 shares dive as gambling red tape causes bookie revenue to tumble January 17, 2024 William Hill owner 888 has said a move away from dotcom markets and increased gambling red tape caused a drop in revenues in 2023.