Law Update: Share shops

For the first time the Government has designated law firms as share shops for a privatisation. Cripps Harries Hall, based in Tunbridge Wells, is one of five firms of solicitors to be designated by the Government as a share shop for the forthcoming BT3 privatisation. The others are two East Sussex firms, Donne Mileham & Haddock and Adams & Remers, Lupton Fawcettof Leeds and Shakespearesof Birmingham.

David Lough, director of Cripps Harries Hall's finance and investment services division, says that applicants for BT3 shares do not have to be clients of the firm to use the service.