The payment protection insurance (PPI) policy is one of the biggest rip offs in British banking history, costing UK banks as much as £50bn, with Lloyds set to finalise the cost of its mis-sold PPI scandal in the next few weeks.
On the 28th of October 2019, Virgin Galactic Holdings (VGH) debuted on the New York Stock Exchange (NYSE). The company, founded by Sir Richard Branson, started trading as the first space tourism business on the exchange.
An industry-wide survey of financial services companies has demonstrated the increasing role of machine learning in the sector. The survey was commissioned by regulators, the Bank of England (BoE) and the Financial Conduct Authority (FCA), who have since promised to explore machine learning policy.
After years of resisting technology, the legal industry has begun to embrace it. However, firms are now struggling to filter through the increasing number of legal technology service providers.
Technology Giant Google is to buy the health technology company Fitbit for $2.1 billion, raising concerns about the personal data of Fitbit’s 28 million users.
EY, one of the “Big Four” accountancy firms, has acquired Riverview Law and Pangea3 over the last year, with hopes to integrate both companies into its EY Law division.
The fatal crash in August 2019 that killed British teenager, Harry Dunn, involving US citizen, Anne Sacoolas, has escalated to a row about diplomatic immunity, after Sacoolas flew back to the US in a US Air Force plane.
Bentley Motors has lost a 20 year running trademark battle over the word “Bentley” with a small Manchester based clothing business.
Slaughter and May have partnered with Unmind, a workplace mental health and wellbeing app.
The Equality and Human Rights Commission (EHRC) has issued new guidance for employers regarding the use of non-disclosure agreements. The watchdog has declared that it is “calling time” on non-disclosure agreements (NDAs) being used to cover up discrimination, harassment and victimisation.