News

Outlook Billionaire Thomas Sandell is making it quite clear that it will take more than a couple of paracetamol to handle the headache he is causing for FirstGroup.

NatWest staff face sack over pounds 50m loss

National Westminster Bank is expected to take tough disciplinary action this week against individuals held responsible for pounds 50m of losses incurred by the options trading department at NatWest Capital Markets, in an attempt to head off action by the Bank of England.

Mrs Howard denies jail comment

The wife of Michael Howard, the Home Secretary, yesterday instructed her lawyer to write to Granada TV, two newspapers, the publisher Penguin, and former the Prison Service chief Derek Lewis, denying claims that she had urged her husband to cut the nutritional content of food served to Britain's prisoners.

Bids create pounds 300m fee bonanza for lawyers

City law firms reaped rich rewards from last year's boom in takeover activity by scooping a record pounds 300m in fees, a 50 per cent increase from 1995.

pounds 1m payout for Wickes directors

The new chief executive and finance director of Wickes, the do- it-yourself retailer whose former bosses are being investigated for fraud, have been awarded salary and options package valued at more than pounds 1m each.

Wickes poised for pounds 50m cash call

Wickes, the DIY retailer, is likely to call on shareholders for extra cash this week. Some City analysts believe this could trigger a takeover bid for the company, whose former senior managers are under investigation by the Serious Fraud Office.

Room at the top

Roger Trapp reports on changes at the College of Law

Lawyers' bonanza as US firm hikes pay

Recruiters predict `salary warfare' to attract the best young minds

Law Reports: Case Summaries; 11 November 1996

Law Reports

Tiger sharks

The real competition between US and English lawyers is happening in Asia, report Richard Marsland and Nigel Page

Wickes report won't tell all

Wickes, the troubled DIY chain, will face investors' fury this week, when it reveals with a long- awaited circular that legal problems prevent it from publishing in full a damning report on irregular accounting practices.

Whitewash worries at Wickes

Lawyers' report expected not to urge action against former chief over pounds 50m of overstated profits

Wickes' mystery continues

Wickes, the troubled DIY group, is set to miss its self-imposed deadline set last month when the board said it would write to shareholders in September explaining how it over-stated profits by pounds 50m. It is understood that the new chairman, Michael von Brentano, will not be able to communicate with shareholders until next month.

Lawyers' pay soars to go-go Eighties levels

Many corporate lawyers are earning more than pounds 400,000 a year, with privatisation work and an upsurge in mergers and acquisitions sending their pay to their highest levels since the go-go years of the 1980s, according to a survey published today.

The DIY boss and the private network he assembled himself

Henry Sweetbaum, the ex-chief of Wickes, was involved in a chain of potentially conflicting interests

Ailing Wickes secures pounds 18m from banks

Wickes, the troubled DIY retailer laid low by the recent discovery of serious accounting irregularities, yesterday said it had secured the support of its syndicate of 11 banks to provide new lending facilities.
Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
The long walk west: they fled war in Syria, only to get held up in Hungary – now hundreds of refugees have set off on foot for Austria

They fled war in Syria...

...only to get stuck and sidetracked in Hungary
From The Prisoner to Mad Men, elaborate title sequences are one of the keys to a great TV series

Title sequences: From The Prisoner to Mad Men

Elaborate title sequences are one of the keys to a great TV series. But why does the art form have such a chequered history?
Giorgio Armani Beauty's fabric-inspired foundations: Get back to basics this autumn

Giorgio Armani Beauty's foundations

Sumptuous fabrics meet luscious cosmetics for this elegant look
From stowaways to Operation Stack: Life in a transcontinental lorry cab

Life from the inside of a trucker's cab

From stowaways to Operation Stack, it's a challenging time to be a trucker heading to and from the Continent
Kelis interview: The songwriter and sauce-maker on cooking for Pharrell and crying over potatoes

Kelis interview

The singer and sauce-maker on cooking for Pharrell
Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea