Close Brothers restarts motor finance lending following landmark ruling Banking Close Brothers has restarted its motor finance lending practice a month after a landmark court ruling over the legality of its business. On 25 October, a court ruled that a broker could not lawfully receive a commission from the lender without obtaining the customer’s fully informed consent to the payment, sending the entire motor finance [...]
Tesco loses Supreme Court ‘hire and fire’ appeal after three-year battle Legal Tesco has lost its ‘hire and fire’ appeal after the Supreme Court ruled it cannot terminate its employees’ contracts for the purpose of depriving them of retained payment. The judge said that employees’ contracts contained a clause barring the supermarket giant from removing their right to retained pay. The ‘landmark’ legal battle was initially brought [...]
Asda: Huge equal pay court case starts amid demonstrations Retail A court case over equal pay involving more than 60,000 Asda workers has started amid demonstrations being staged in Brighton and Manchester. The GMB union, which has said the case is the biggest ever in the private sector, is arguing that the predominantly female retail workforce is paid up to £3.74 an hour less than [...]
London City Airport granted five-year ban for Just Stop Oil July 11, 2024 The injunction comes in response to Just Stop Oil's plans to cause disruption during one of the busiest summers in decades.
Love Island ‘finfluencers’ deny part in unauthorised Instagram trading scheme July 3, 2024 Three former Love Island stars who became social media “finfluencers” have pleaded not guilty to plugging an unauthorised investment scheme.
Moscow: Court cancels seizure of JP Morgan funds in VTB dispute May 24, 2024 A Russian court has cancelled the seizure of part of JP Morgan's assets in an ongoing dispute with a Russian bank over sanctioned money
Disgraced Wimbledon star Boris Becker is no longer bankrupt May 1, 2024 Former world number one tennis player, Boris Becker, is no longer in bankruptcy in the UK after a court lifted the suspension on Wednesday