New Look will close 60 UK stores and cut 1,000 jobs after creditors approved a restructuring plan for the retailer. The stores will close within 12 months and some staff may be redeployed. The plan will cut the chain’s rents by between 15% to 55% across its remaining 393 stores. New Look says it was…
Consumer goods giant Unilever, maker of Marmite, Pot Noodle and Ben & Jerry’s ice cream, has chosen Rotterdam over London for its headquarters. It would also be reorganising its business into three divisions: beauty and personal care, home care, and foods and refreshment. The first two divisions will have their headquarters in London, while the…
Chelsea Football Club can start work on a new £1bn stadium at Stamford Bridge after settling a dispute with a neighbour who objected to the construction. The Crosthwaite family took out an injunction in May 2017, saying the expansion to 60,000 seats would block light into their home. In January, Hammersmith and Fulham Council passed…
Ken Dodd married his partner of 40 years Anne Jones on the 9th March 2018, two days before he passed away. As a result no Inheritance Tax would be payable on any of his estate left to Anne. His fortune is rumoured to be worth in the region of £7.2 million. This move came after…
Dyson is seeking an extra 300 engineers in a push to build its first electric car by 2020. Dyson already has a 400-strong team working on the project and has doubled the number of scientists working on its battery programmes over the past year. Dyson said the electric car team would shortly move to its…
The rise of cryptocurrency, and in particular Bitcoin, means divorcing couples may use the currency to hide their wealth from one another. While couples have a duty to provide full and frank disclosure during a divorce, they said it is not unheard of for some parties to attempt to hide their assets from their respective…
[vc_row][vc_column][vc_column_text]During March, we are working with Mahdlo to provide members of the public with an opportunity to access their Will preparation services, whilst at the same time raising funds to support them. The scheme is running from the 5th to the 9th March inclusive. If you arrange an appointment with us during this period we…
[vc_row][vc_column width=”1/1″][vc_column_text]A will is not just a way to say who you want to leave your assets to. It is an opportunity to appoint guardians for young children, to decide who will sort your affairs out when the time comes and make provisions for partners, friends and charities who would not inherit if you die…
In his 18th View from the President’s Chambers, Sir James Munby has set out his vision of what needs to be done in respect of the determination of financial remedies. He considers that procedural justice will be bettered by the appointment of specialist judges to the Financial Remedies Court (FRC) and by a process of…
TV presenter Noel Edmonds is suing the Lloyds Banking Group for £73m for what he claims was the destruction of his business empire together with public humiliation and damage to his reputation caused by the fraudulent activities of the bank’s HBOS Reading arm. He alleges that he “suffered immense economic loss as well as ‘distress…