LittleLaw Looks At… the Rise of Populism
In recent years populism has been the centre of much debate. Despite extensive media coverage and academic scholarship, its definition is still disputed.
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March 21, 2021
Bankers Behaving Badly: Amanda Staveley loses court case against Barclays despite bankers’ misconduct
The High Court has ruled that finance firm PCP Capital, owned by Amanda Staveley, was not entitled to damages from Barclays. It held that although Barclays bankers acted inappropriately when transacting with the firm, this didn’t cause it to suffer loss.
March 20, 2021
The Only Way is Up: UK Chancellor announces corporate tax rise to cover public spending
The UK Chancellor, Rishi Sunak, has announced an increase in corporation tax (a tax levied on a company’s profits) from 19% to 25% as part of the government Budget for 2021 following record government spending and borrowing during the coronavirus pandemic.
March 19, 2021
Ensuring a Greener Future: Leading insurer Aviva sets out new climate strategy
Aviva announces its plan to reach net-zero carbon emissions by 2040 and promises to increase its green investments.
March 18, 2021
Oats Go Big: Oatly plans US stock market listing
Swedish alt-milk brand Oatly is planning a stock market listing in the US. The company is hoping for a valuation of around $10bn.
March 17, 2021
Access Denied: Shamima Begum loses legal battle to return to the UK following Supreme Court ruling
The Supreme Court has overturned the 2020 Court of Appeal decision which would have permitted Shamima Begum (who, at age 15, left the UK to join so-called ISIS) to return to the UK from the Syrian refugee camp where she currently resides.
March 16, 2021
Ammonia Powered Shipping: The future of marine fuelling?
The Ammonia-fuelled tanker Joint Development Project (JDP) has welcomed two new partners; the Maritime and Port Authority of Singapore (MPA) and the chemicals company Yara International ASA (Yara). This has been done to work towards their initiative of decarbonising the maritime industry.
March 14, 2021
BaFin in Sweat: Powers of German finance regulator beefed up after Wirecard failings
BaFin, Germany’s regulatory body for finance, is set to undergo a wide-ranging reform package to beef up its supervisory powers in light of its deficient handling of the Wirecard fraud.
March 14, 2021
High Street Take Over: Labour calls for power to transform empty shops
The Labour Party has made proposals to allow councils to take over empty shops from landlords in an attempt to revive the high street.
March 13, 2021
Citibank Can’t Make Up for Revlon Mistake: Judge Blocks Return of $500m
In one of the biggest blunders in banking history, Citibank cannot recover the $500m they wired by mistake while acting as a loan agent for Revlon.
March 12, 2021