Friday, 19 July 2019

Friday Rundown

Written by 
Friday Rundown

The rundown of this week’s top news stories.

1. Facebook scam-busting service goes live [via BBC News]
2. Uber ties some executive pay to diversity goals [via BBC News]
3. Police trials of facial recognition backed by home secretary [via The Guardian]
4. Financial pressures force closure of London law centre [via The Law Society Gazette]
5. Some challenges: Tarvers ups NQ pay range following 11% revenue growth and subdued PEP
6. Change was necessary: Ashurst joins the war for talent with 9% NQ pay rise
7. Slaughter and May and Clifford Chance confirm high autumn retention rates
8. Fraudsters try to cash in on the good name of British legal companies [via The Telegraph]
9. Trains should be run by a ‘Fat Controller’ not the Government, says man tasked with reviewing railways [via The Telegraph]
10. Seriously-injured victims face cuts in compensation pay-outs [via The Telegraph]
11. The Insta king trying to dominate UK cannabis [via BBC News] 
12. Facebook’s Libra cryptocurrency attacked at Senate hearing [via BBC News]
13. Freshfields pushes lawyers to connect with female barristers [via The Law Society Gazette]
14. City pay war continues with Simmons & Simmons and Taylor Wessing raising NQ salary
15. UK inflation rate holds at BoE target of 2% in June [via Financial Times]
16. Pound hovers around $1.24 on growing concern over chaotic Brexit [Financial Times]
17. Activist investor Elliott takes stake in Saga [via City AM]  
18. PayPal launches international money transfer service Xoom across Europe [via euronews]
19. Baker McKenzie steps up to associate pay war with 20% NQ salary uplift