Upward extensions of buildings will be allowed without full planning permission in controversial new rules revealed by the government. Chancellor Philip Hammond announced the new regulations in the Spring Statement alongside other planning moves which will allow shops to convert…read more
New regulator to oversee UK auditors after corporate failures. Published May 2019
The government is set to introduce a new UK audit regulator with greater powers in response to a string of high-profile audit scandals. The Audit, Reporting and Governance Authority will replace the Financial Reporting Council (FRC), which is to be…read more
Record damages awarded for audit failings. Published April 2019
Grant Thornton has been hit with the UK’s largest damages payment for negligent audit work. Fire and emergency services provider AssetCo has been awarded over £20 million as a result of negligent audits in 2009 and 2010. AssetCo was a…read more
Fixed recoverable costs regime to be extended to more civil cases. Published May 2019
The government is planning to introduce fixed costs into more civil court cases to prevent the risk of people facing ‘ruinous costs’ if they lose. It is consulting on a plan to introduce fixed recoverable costs to more ‘fast track’…read more
Expert slammed for ‘lamentable failings’ in preparing evidence. Published April 2019
Claimants in a multi-million Euro claim have been refused permission to present crucial evidence at a trial after their expert’s ‘lamentable failure’ to follow the correct procedure. Businessman Alexander Mayr was bringing a breach of duty claim against law firm…read more
The Supreme Court rejects miner’s ‘loss of chance’ compensation claim. Published April 2019
A retired coal miner who claimed he lost the chance of securing additional compensation due to his solicitor’s negligence has had his case denied by the Supreme Court. Mr Perry was one of many coal miners who had developed Vibration…read more
The Law Society slams new regulation proposals. Published March 2019
The Legal Services Board’s (LSB) attempts to enhance regulatory independence in the legal profession have come under fire from the Law Society. The LSB is a ‘super regulator’ responsible for oversight of the legal professions’ approved regulators. These include the…read more
