The London Interbank Offered Rate (LIBOR) is scheduled to be phased out by the end of 2021, and there is uncertainty about what impact this will have on LIBOR-referenced contracts that extend beyond this date. In this article, Elaina Bales examines the litigation risks that will arise due to the LIBOR changes and what steps business should …
Continue reading “Will the end of LIBOR lead to a surge in litigation? – Lexology”
Article content continued Anova has turned away more than 2,550 amid COVID-19 because of a full shelter, and because people are staying longer than a month because of a lack of housing in London. Megan Walker, head of the London Abused Women’s Centre, said she was seeing girls as young as 12 who had been …
Continue reading “Resources scarce as violence against women rises in London, councillors told”
Redundancies surged to a record high of 370,000 in the third quarter of the year with young workers hit hardest, official figures show. The number of UK employees on payrolls dropped slightly last month and has fallen by 819,000 between February and November due to the impact of the coronavirus pandemic, the Office for National …
Continue reading “Redundancies hit record high of 370,000 between August and October”
As the hospitality sector begins to count the cost of the latest Tier 3 lockdown, we spoke to one industry figure who says his company will lose £400,000. Stuart Procter, COO of Mayfair hotel and restaurant The Stafford, said the latest blow has left his company reeling in a year he’s already had to make …
Continue reading “‘We will lose £400k’: The cost of Tier 3 for the hospitality sector”
