Collaborators
New year, new deal: the buyout boom poised to take over City lawyers’ lives
Around-the-clock work will be commonplace to tackle an M&A surge fuelled by tax changes, activist investors … and the Trump factor Whether they’re on skis or a sunlounger, there is no beach, mountain or fireside that can spare lawyers from the urgent calls of zealous, dealmaking executives and private equity bosses. After a breathless 2024,…
Net neutrality is struck, ending a long battle to regulate ISPs like public utilities
Emma Bowman A federal appeals court struck down the Federal Communications Commission’s net neutrality rules, ending a 20-year push to regulate internet service providers like a public utility. A U.S. Court of Appeals for the Sixth Circuit in Cincinnati on Thursday ruled that the FCC did not have legal authority to reinstate the landmark net…
What are cold weather payments and who can get them?
Cold weather payments have been triggered for the start of 2025. Some people in England, Wales and Northern Ireland are entitled to the money when there is a prolonged period of below-zero temperatures. In Scotland, those on low incomes and benefits may receive a separate winter heating payment, which does not depend on how low…
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year. By Alan Rappeport Reporting from Washington President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday…
Trump will be sentenced Jan. 10 in New York case, days before his inauguration
Ximena Bustillo President-elect Donald Trump is scheduled to be sentenced Jan. 10 in New York, 10 days before he is sworn in to be president of the United States. In a decision Friday, New York Judge Juan Merchan noted that his inclination was to not impose a sentence of incarceration. In the filing, Merchan noted…
Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies
Russia-Ukraine War The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy. By Patricia Cohen Patricia Cohen, based in London, has been covering the sanctions on Russia since the country’s full-scale invasion of Ukraine in 2022. Thousands of far-reaching sanctions have been imposed…
House Speaker vote puts GOP unity to the test
Deirdre Walsh Republicans are taking the first steps Friday to usher in a new era of full GOP control in Washington as Congress comes into session. But the usually ceremonial process in the House is already bogged down in political infighting over who should be elected Speaker of the House. House Speaker Mike Johnson, R-La,…
Laura Ashley bought by US owner of Ben Sherman
British clothing and home furnishings brand sold by Gordon Brothers to Marquee Brands Laura Ashley has been acquired by New York-based Marquee Brands, the owner of 17 businesses including Ben Sherman and Martha Stewart. The clothing and home furnishings brand, best known for its floaty floral frocks, has been sold by Gordon Brothers. Gordon Brothers…
Badenoch’s department wrote to Treasury after Dyson lobbying over potential tax break
Business department raised issue of patent box benefit after meeting that took place last June, documents show Kemi Badenoch instructed her department to write to the Treasury about a potential tax break after an intervention from Dyson, documents have revealed. In the minutes of a meeting during her time as business secretary last June, seen…