It’s Thursday, which means business as usual; we’re bringing you the top trending commercial news. 

The UK economy continued to grow over the second quarter of 2024 and train strikes may end soon as Aslef and the Department for Transport reach a pay deal. Meanwhile, unemployment decreases despite wage growth slowing, and A-level students receive the best results since 2010. Read on to find out more.

‘Commercial awareness’ might sound like a daunting term to begin with but once you’ve got to grips with what it actually means – understanding the environment in which law firms and their clients operate (in short) – it’s all about being consistent. 

From President Donald Trump’s inauguration earlier this week, Prince Harry’s long-running battle with the Sun newspaper, TikTok updates in the US and UK and Thatchers’ successful appeal in its case with Aldi, there’s a lot to get to grips with in this week’s commercial news round-up. 

Several legal organisations have spoken out against the US government’s campaign targeting diversity and inclusion policies, and Ben & Jerry’s has accused its parent company of firing its CEO due to his progressive views. 

Identifying the lasting effects of changes occurring within the business and legal worlds is crucial to demonstrating good commercial acumen. Think about the impact that such changes might have on a particular industry, your target firm’s clients and the firm itself. Read this week’s commercial news round-up for insight into some of the news stories from the past week.

In this week’s commercial news round-up, we take a look at Deloitte’s recent layoffs; Alton Entertainment’s lawsuit against Tesla, Elon Musk and Warner Bros Discovery; the new ban on the sale of single-use vapes; and the planned introduction of the Football Governance Bill and what it means for the Premier League. 

It’s a big week for LawCareers.Net as we head off to Manchester for LawCareersNetLIVE. As we’re fully immersing ourselves in event organisation mode, this week’s round-up is a short one. But don’t worry, we’re still covering all the top stories.  

What’s on your radar? We’ve picked out four stories from the past week, including the risks AI and deepfakes pose to lawyers and the potential banning of TikTok in the US, and summarised them in this round-up. 

From cyberattacks on UK law firms to news on the BT Tower being made into a hotel, this week’s round-up offers a lot to think about. Read on for summaries of five news stories that we think should be on your radar as aspiring lawyers. 

Application season is over and we are all now gathering around the TV to watch the summer Olympics! So far, we’ve seen McKeown go viral for dropping the F-bomb, Simone Biles return for Bronze and even caught Tom Daley knitting. But what else has been going on besides the Tokyo games?

There are lots of interesting updates to dig your teeth into in this week’s round-up, including action from the Competition and Markets Authority, million-pound acquisitions, advertising compliance issues and more. 

As well as keeping up with news within the legal profession itself, to demonstrate sound commercial awareness you must also stay up to date with other commercial news. Read this week’s round-up for our choice of some of the week’s commercial stories.  

As the cost-of-living crisis continues to sweep through the country, there’s so much to stay on top of with every person and industry likely to be impacted in one way or another. We take a look at some of the issues arising as a result in this week’s round-up.

With covid-19 restrictions lifted today, as aspiring lawyers you should consider the impact that this will have on businesses and the economy. Will the cost of Brexit outweigh that of covid-19? 

With the government’s roadmap slowly easing us out of lockdown and back to normal life, it’s a good time as ever to sharpen your commercial awareness – in this week’s commercial news round-up find out who is bidding over Morrisons, read about the significance of compliance with the Solicitors Regulation Authority (SRA) and consider what Vauxhall’s announcement could mean for the UK’s battery-powered future.

Developing your commercial awareness is all about being consistent. Here’s your weekly reminder to set some time aside to develop yours so you’re ready to ace future applications and interviews. 

In this week’s round-up, we take a look at the COP28 summit (which began today), train strikes, controversy surrounding Nigel Farage and Spotify wrapped. Find out more in the round-up.

With only 10 days until V-day, are you still feeling the love for our commercial news round-ups? We sure hope so!

The Co-op has revealed an £80 million profit hit following a major cyberattack, while YouTube creators are being hailed as "trailblazers” after contributing £2.2 billion to the UK economy last year. Meanwhile, Ticketmaster is under pressure to amend its pricing practices after Oasis fans backlash, and Labubu dolls are flooding UK borders and sparking serious safety concerns. Read on for this week’s top commercial stories making headlines!