Fully listed financial services group City of London (CIN) has lost a court case against former employees, the details of which are hilarious and make City’s bosses look like utter clowns. Oddly it has yet to fess up with any details. I wonder why?
The former employees are Michael Padley and Gary Middleton of Lothbury PR who decided to leave City’s PR outfit and set up on their own. City took them to count on 94 counts including the alleged theft of the office kettle and the alleged theft of two Guinness beer glasses. And City lost to the highly respected PR men on every single count.
The costs for City (of which well over one hundred thousand pounds remain unpaid) are thought to be in the region of £750,000. How embarrassing. Perhaps
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