Co-op Legal Services: revenue increase driven by probate and estate planning
Co-op Legal Services, the UK’s largest regulated provider of wills, estate planning and probate services, has reported a strong year of growth in its annual results with overall revenues having increased by 3% compared to the previous year (2021: £39m, 2020: £38m) and profits up by 28%. The strong performance has largely been driven by […]
Bank of England raises interest rates to a 13-year high
The monetary policy committee of the Bank of England voted 6-3 to increase its base rate of interest by 0.25 percentage points to 1% on Thursday. This fourth consecutive interest rate rise means rates are now at their highest level since February 2009 in the aftermath of the 2008 global financial crisis. The move will […]
Firm cuts remote workers’ pay by 20%
London law firm Stephenson Harwood has offered staff the option to work from home permanently – but remote workers will see their pay cut by 20%. According to the BBC, the firm recruited workers from outside London during the pandemic who worked remotely but were paid less. The firm is now offering this remote working […]