While longstanding tensions between Britain and Spain over Gibraltar have reached breaking point in recent weeks, another stand-off is developing between the UK Government and the territory's economically vital betting and gaming industry. In a move described by Peter Howitt, founder of law firm Ramparts and chief executive of the Gibraltar Betting and Gaming Association (GBGA), as an "attack" on the territory, the UK is pushing through new rules and penalties to target offshore gambling operators with large numbers of British customers.
While the offshore world considers its response to a new British tax-grab on the gaming industry, Gibraltar has gathered industry figures together for a possible legal challenge given the potentially dramatic...
Firm's London office posts rise in turnover after 11% dip last year as top earner pockets over £1m
£1,000 an hour - time for a little perspective?
Firm's operating profit year-on-year is flat while average partner pay dips to £410,000
German carmaker embroiled in emissions scandal brings in magic circle lawyer as it battles with lawsuits
Simmons, Burges Salmon, Clifford Chance and Linklaters pick up mandates as Ministry of Defence appoints weapons companies for 17-year contracts