Barclays, RBS and other banks face £1bn forex rigging lawsuit

JP Morgan, Citigroup and UBS also named in US-style class actionBarclays, Royal Bank of Scotland and three other banks are being sued by investors for at least £1bn over rigging of the foreign exchange market in a test case for US-style class actions i…

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Andrea Orcel’s €100m compensation claim from Santander is absurd

When the bank declined to appoint him chief, did his lawyer say: ‘Think of a number and multiply it by 10’?Think of a large round number and multiply it by 10. This, one must assume, was the legal advice offered to Andrea Orcel as he pondered how much …

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Gig economy in Britain doubles, accounting for 4.7 million workers

TUC finds worker rights fading as gig platforms proliferate to employ one in 10 adultsBritain’s booming gig economy has more than doubled in size over the past three years and now accounts for 4.7 million workers, according to a report laying bare the …

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Adidas loses three-stripe trademark battle in European court

Logo first registered on a football boot in 1949 was not ‘distinctive’ enough, says courtAdidas has been unsuccessful in an attempt to expand its trademark three-stripe design in the EU after a court ruled it was not “distinctive” enough.The company di…

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