Law firms are moving away from the traditional partnership model, as 47% of law firms in the UK are now incorporated businesses. This is up from 32% five years ago.
Recent data shows that the average pay of a FTSE 100 CEO dropped by 13%, but at £3.4 million this is still 117 times larger than the median UK worker.
James Watt, head of the craft brewery BrewDog, is mulling over issuing a £10 million bond that will offer investors annual payment in beer and well as financial returns, with a coupon “50% in beer and 50% in cash”.
French President, Emmanuel Macron might have emerged as the superstar of digital taxes after the recent G7 meetings, but the UK is catching up, with provisions that will divide the British technological, financial, and legal landscape.
Turkey’s military pension fund, known as Oyak, has seen its subsidiary Ataer enter into exclusive talks with British Steel with plans to finalise the acquisition by the end of the year, following due diligence checks.
The litigation funder claims illegal manipulation of its shares after Muddy Waters attack.
BT has announced the firm will be exclusively focusing on full-fibre broadband across the UK. They have sold their legal software division in a ‘national mission’ to provide Britain ultra-fast broadband.
Dentons, the world’s largest law firm by number of lawyers, has launched a risk consulting business to provide advisory, assurance and remediation services to its clients.
The number of tourists visiting the UK is at an all-time high! The travel data firm, ForeKeys credits this rise to the weakness of the pound.
Tesco, Britain’s largest private sector employer, has announced 4,500 job cuts in an overhaul of its Metro stores. Shares in the company fell nearly 2% following the announcement in what is a further blow to the retail industry and the high-street.