Search Results for: Osborne
Cybersecurity to the top of the agenda for law firms
October 3rd, 2018
Defending against cyberattacks has overtaken artificial intelligence as the main technology issue for law firms, and over half of the top law firms are investing in systems changes over the next two years according to the report. Top priority ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Smirnoff owner Diageo to pay HMRC £107m in ‘Google tax’ crackdown
May 12th, 2017
Drinks company will challenge HMRC claim for tax and interest over ‘diverted profits’ Diageo, the drinks company behind Johnnie Walker, Smirnoff and Guinness, is to pay HMRC £107m under the “Google tax” crackdown aimed at multinationals. The FTSE 100 ...
Multinational law firm enters the China market
May 3rd, 2017
International legal practice Osborne Clarke enters the Mainland China market after admitting new Shanghai-based firm, Zhang Yu & Partners, to its international network. Entering Mainland China is a key part of Osborne Clarke’s Asian expansion plans, which have also ...
International law firm sues eight partners who quit
February 14th, 2017
Herbert Smith Freehills has sued eight of the 10 partners who quit last year to launch White & Case in Australia. The case, filed at the Supreme Court of New South Wales, named Melbourne partners Andrew Clark, Joanne Draper, ...
Sayōnara, Humans: Japanese Company Replaces Its Workers with AI
January 9th, 2017
34 workers at a Japanese insurance company are being laid off and replaced with an artificial intelligence (AI) system. Fukoku Mutual Life Insurance, seeking greater efficiency in calculating their payouts to policyholders, will soon replace many of its office ...
Pound US Dollar Exchange Rate Advances as UK Retail Sales Trigger Rush for Sterling
November 17th, 2016
Pound US Dollar Exchange Rate Climbs after Forecast-Beating Retail Sales Results The Pound has been able to rise by 0.4% against the US Dollar today, primarily on account of the October retail sales results. On the month and the ...
PwC’s legal arm posts 24% revenue jump
September 14th, 2016
Revenue at PwC Legal has soared this financial year, from £48.5m to £59.9m, an increase of 25%. Led by senior partner Shirley Brookes, the legal arm of the accounting giant has also posted net income of £11m. Of the total revenue, ...
HMRC sets rules for Worldwide Disclosure Facility on unreported offshore accounts
August 29th, 2016
The WDF will launch on 5 September 2016 and will be available to anyone who is disclosing a UK tax liability that relates wholly or in part to an offshore issue. This includes: income arising from a source outside ...