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The Chancellor’s Increase to NI: The Devil Is in the Detail

7th November 2018
There was much fanfare last week when the Chancellor announced he would honour the Conservative manifesto pledge to raise the income tax threshold – bringing the lower rate to £12,500, and the higher rate to £50,000 – and he would actually bring this forward a year to be effective from April 2019. However, as is […]
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Justice Funding Slashed By 27% Over 10 Years

6th November 2018
New research commissioned by the Bar Council reveals the full scale of a decade of dis-investment in justice and argues that decisions to make wholesale budget cuts cannot be blamed on austerity measures alone. Produced by Professor Martin Chalkley for Justice Week, the research shows that a 27% real term cut to Ministry of Justice […]
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Facebook’s Disappointing Q3 Results & Regulatory Challenges Ahead

6th November 2018
Following on from recent news regarding facebook’s poor Q318 results, Jon Tipple, Chief Strategy Officer, Worldwide at FutureBrand, discusses further bad news for the firm. Facebook’s disappointing Q3 results – despite strong earnings, the social media giant failed to reach analysts’ estimates on revenue, daily active users and monthly active users – reflect some difficult […]
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Separating Morality from Legality, and Why Yachting Has the Moral High Ground

5th November 2018
Following the disclosure of the ‘Paradise Papers’ in 2017, an onslaught of misguided moral righteousness resulted, villainising the wealthy for using perfectly legal means of investing their wealth in offshore corporations in order to achieve tax efficiency. In the process, many august journals blurred the lines between entirely legal tax avoidance and illegal tax evasion. […]
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Understanding of Forensic Science Is Poor in UK Criminal Justice System

2nd November 2018
The level of understating of forensic science among lawyers, judges, and juries is poor, according to evidence submitted to parliament by a group of researchers from Queen Mary University of London. The researchers suggest that forensic science is contributing to injustices because of misunderstandings about matching trace evidence to a particular person. The group have […]
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#copyrightdirective and the #deathofmemes

1st November 2018
From exploiting Spongebob Squarepants to Kermit the Frog and making Grumpy Cat one of the richest cats after she earned $100 million in around two years, memes have taken the internet by a storm. By being “an element of a culture or system of behaviour passed from one individual to another by imitation or other […]
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The Law Commission: E-Signatures Are Equal to Handwritten Ones

1st November 2018
 When the Statute of Frauds 1677 stipulated that contracts must exist in writing and also bear a signature, the practice soon became commonplace. But the traditional written signature may soon become a thing of the past: The Law Commission has decided that, for many legal documents, it can be replaced with an electronic signature ('e-signature') […]
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Kika/Leiner property assets in Austria acquired by the Signa Group

31st October 2018
The SIGNA Group has submitted a purchase offer for the furniture chain kika/Leiner to the Steinhoff Group. This bid includes both the operational commercial business, with its some 5,500 employees, as well as the approximately 70 real estate locations in Austria and CEE, and means an Austrian solution for the company. Steinhoff has accepted the […]
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Migros Ticaret A.S. merges with Kipa Ticaret A.S.

31st October 2018
Migros Ticaret A.Ş. ("Migros"), which has previously acquired shares of Kipa Ticaret A.Ş. ("Kipa") from Tesco Overseas Investments Limited on 1 March 2017, has now merged Kipa under Migros as of 31 August 2018, upon approval of the Capital Markets Board on 19 July 2018. Paksoy is pleased to announce that Sera Somay (Partner), Ökkeş […]
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IFC grants credit to Agrotec

31st October 2018
The International Finance Corporation (IFC), an entity of the World Bank, granted a loan of USD 25 million to Agrotec SA, to help support the Paraguayan agricultural services company. Agrotec is one of Paraguay’s leading agronomy services and is a subsidiary of the Agrihold Group, which was established in 1969 and today operates at both […]
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