Glencore faces probe over alleged payment to Zambian political party October 23, 2022 Zambia’s Anti-Corruption Commission (ACC) has launched an investigation in connection with a matter relating to an alleged $3m (£2.65m) payment made by commodities giant Glencore to a political party in the southern African country. In a statement, the Zambian corruption watchdog said the investigation is centred on the circumstances under which Glencore allegedly paid the [...]
Lloyd’s chief is ‘hopeful’ insurance marketplace will stay in City HQ October 23, 2022 Lloyd’s chief John Neal has said he remains “hopeful” the insurance marketplace will stay in its iconic Canada HQ, amid rumours the firm is planning to exit its purpose-built offices when its lease ends in 2031. In an interview with The Times, the Lloyd’s of London chief executive said the insurer is “still [...]
Britannia Hotels sues Aviva for £6.25m over Aberdeen fire losses October 23, 2022 Britannia Hotels has filed a £6.25m lawsuit against its insurer, Aviva, over claims it is owed millions as a result of the London insurance firm’s refusal to pay out on a claim for losses caused by a fire at its Aberdeen hotel. The hotel group has filed a High Court lawsuit against Britain’s largest insurer [...]
Womble Bond Dickinson and BDB Pitmans in talks to create £430m firm October 23, 2022 Transatlantic law giant Womble Bond Dickinson is in early stage talks to merge with British firm BDB Pitmans. The two law firms are in early discussions for a potential merger, with a view to seizing the opportunities offered by complementary practice areas and a wider geographical footprint, BDB Pitmans confirmed. If completed, the merger would [...]
City calls: Clifford Chance looks to trade Canary Wharf for the Square Mile October 19, 2022 Magic circle law firm Clifford Chance is looking to give up its tenancy in Canary Wharf and return to the heart of Canada after a decade. British property development investment fund Great Portland Estates (GPE) has confirmed that it is in talks with the firm for a pre-letting of one of its [...]
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Track a missing beneficiary or ask for probate property assistance October 17, 2022 | Sponsored If you’re dealing with matters surrounding wills and probate, Fraser and Fraser might be able to help. One of the UK’s largest firms of professional genealogists and international probate researchers, and a corporate member of APR (Association of Probate Researchers), the company offers specialist research and estate administration support services such as locating missing beneficiaries, [...]
Lloyds and Aon team up to build customer resilience to Ukraine conflict October 13, 2022 The insurance industry must help customers build resiliencethe Russian invasion Ukraine, according to new research from Lloyd’s and Aon.
Recruiter Hays reports record fees amid tight labour market October 13, 2022 Recruitment specialist Hays said it was confident it could navigate economic volatility ahead today as it reported a record quarter with fees up 15 per cent.
Criminal barristers vote to end strike, but warns justice system ‘remains chronically underfunded’ October 10, 2022 Criminal barristers in England and Wales have voted to end their strike action over pay today after the government tabled a 15 per cent pay rise.