Levels of reported fraud in financial services fell last year but rose in the public sector, according to the latest BDO FraudTrack analysis. In financial services, reported fraud fell in value more than 62%, from £567m in 2015 to £215m in 2016, and from 70 cases to just 58. Some 150 cases worth £1.4bn happened in the public sector, compared to £450.9m in 114 cases reported in 2015. However, the rise is largely due to a single £1bn VAT “carousel” fraud involving a woman from York.
19 January 2017
FraudTrack report
MOVERS & SHAKERS
NLJ Career Profile: Nikki Bowker, Devonshires
Nikki Bowker, head of litigation and dispute resolution at Devonshires, on career resilience, diversity in law and channelling Elle Woods when the pressure is on
Ellisons—Sarah Osborne
Leasehold enfranchisement specialist joins residential property team
DWF—Chris Air
Firm strengthens commercial team in Manchester with partner appointment
NEWS
Contract damages are usually assessed at the date of breach—but not always. Writing in NLJ this week, Ian Gascoigne, knowledge lawyer at LexisNexis, examines the growing body of cases where courts have allowed later events to reshape compensation
The Supreme Court has restored ‘doctrinal coherence’ to unfair prejudice litigation, writes Natalie Quinlivan, partner at Fieldfisher LLP, in this week' NLJ
The High Court’s refusal to recognise a prolific sperm donor as a child’s legal parent has highlighted the risks of informal conception arrangements, according to Liam Hurren, associate at Kingsley Napley, in NLJ this week
The Court of Appeal’s decision in Mazur may have settled questions around litigation supervision, but the profession should not simply ‘move on’, argues Jennifer Coupland, CEO of CILEX, in this week's NLJ
A simple phrase like ‘subject to references’ may not protect employers as much as they think. Writing in NLJ this week, Ian Smith, barrister and emeritus professor of employment law at UEA, analyses recent employment cases showing how conditional job offers can still create binding contracts
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