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City calls for new investment to speed litigation

first_imgThe government should invest in cutting the cost and increasing the speed of litigation in the UK to safeguard the country’s 10% share in the global legal services market, an influential City body recommends today. In its report UK Legal Services 2016 TheCityUK also recommends that the government collaborate with the judiciary to better understand users of the Commercial Court to ensure that future investment ‘reflects their needs and responds to the challenges set by competitor jurisdictions’.The report emphasises the importance of legal services to the UK economy, with a trade surplus amounting to £3.6bn in 2014 – 11% up on the previous year.Solicitor firms’ share of this market was 23% up, with gross overseas billings estimated at £4.3bn in 2014. The UK accounts for around 10% of the global market for legal services by fee revenue, and is by far the largest market in Europe. Chris Cummings, chief executive of TheCityUK said: ‘There will be challenges ahead, but the UK remains the leading global centre for the provision of international legal services and dispute resolution. The fundamental strengths of the sector, including the choice of English law, are key contributors to what makes us globally competitive.’Meanwhile the Law Society said today that England and Wales’ position as the most attractive jurisdiction when it comes to international commercial contracts has not changed because of the decision to leave the EU.The Society’s president, Robert Bourns, said: ‘We have the best law firms in the world. Their expertise and experience has been built up over many years and they set the global standard. English courts also have a world reputation for independence and expertise.‘Our judges are held in high esteem internationally for their commercial nous and for the reliability of their decisions.’The Society stressed that English contract law is largely unaffected by EU law because it derives largely from common law.‘The bottom line is that English and Welsh solicitors, our law firms, and our judges can be relied on and are the best. English contract law is used across the world because it offers certainty, stability and predictability,’ Bourns said. ‘None of this changes because of Brexit.’last_img read more

Grenade attack in a bar in Burundi leaves 3 dead

first_imgThree people were killed in a grenade attack on a bar in the Burundian capital Bujumbura late on Monday, police said.Burundi sank into a crisis last year after President Pierre Nkurunziza ran for a third term of office, which he secured in a disputed vote.U.N. officials say the crisis has brought the nation to the brink of a new civil war, after it emerged from a 12-year, ethnically fueled conflict just a decade ago.Pierre Nkurukiye, the police spokesman, said a senior police officer, a lawyer and a civil servant were killed in the attack that took place in the Bwiza neighborhood.Witnesses said the attackers used a motorbike to get to the scene and to flee after the explosion. Police arrested several youths in the area after the attack on the bar that is popular with Nkurunziza’s supporters, the witnesses added.last_img read more

Ramsey wants QPR job – and defends SWP

first_imgSee also:Thrashing at City confirms QPR’s relegationMan City v QPR player ratings Chris Ramsey defended Shaun Wright-Phillips in the aftermath of a 6-0 defeat at Manchester City that confirmed QPR’s relegation. Wright-Phillips, returning to his former club, received rapturous applause from the City fans when he was brought on towards the end of the game – but was booed by the travelling Rangers fans.Asked if Wright-Phillips was one of the “bad eggs” recently referred to QPR midfielder Joey Barton, head coach Ramsey: “I wouldn’t say Shaun particularly, because Shaun’s been on the bench most of the time.AdChoices广告“I’ve used him when I’ve seen it was the right time to use him. There’s obviously other players who could’ve helped us, (but) Shaun has trained fantastically and he’s been on the bench.Wright-Phillips has been a flop since being signed from Man City“Players had tired legs and I thought it would have been an injustice to bring on a youngster who would’ve probably damaged his confidence more than it would have for a senior pro coming on the pitch.”Ramsey added: “I think Joey’s comment about the bad eggs, if you go to any club there’s going to be bad eggs.“What Joey probably alluded to was that there are people who could’ve helped us but haven’t helped us, and I don’t want to expand on that.”Ramsey reiterated his desire to continue at the helm despite the heavy defeat and just two wins since taking charge in early February.He said: “I know that generally people look for heads when there’s a heavy defeat.“I’m hoping they make a positive decision towards me and I’m at the helm to help them in their long-term plans.”Charlie Austin’s goals were not enough to keep QPR upRamsey blamed Rangers’ humiliating loss at the Etihad Stadium on their defensive mistakes – particularly in the build-up to City’s third goal.He said: “We talked about certain things before the game and one or two switched off and didn’t do it. Then all of a sudden you’ve got a mountain to climb“When you have individual mistakes that we have coming into the second half, that killed us really. Yhe third goal was just an individual mistake.“Then it’s very difficult when you’re out there in front of that crowd when they’re popping the ball about.“I don’t think they gave up, I just think that on the day our quality was nowhere near what it should be for a Premiership team.” Follow West London Sport on TwitterFind us on Facebooklast_img read more