Another mixed bag of business news this week – some up, most down. Guess that’s to be expected in this time of unprecedented economic uncertainty. Even if you’re in the final throes of training contract application fever, read on for our hand-picked selection of stories.

We know it’s exam time, but how about taking five minutes to glance up and think about what’s swirling around in the commercial world - it may come in handy when you get to interview time. 

Scottish law firm Biggart Baillie has been tasked with advising administrators from Duff & Phelps regarding the case of Glasgow Rangers Football Club, which went into administration on 14 February.

Following HFW's lead, more firms reveal their financial results for the year ending 2010-11.

The Community Justice Fund has given out more than £11.5 million to 178 legal advice organisations across the UK to support them through the pandemic and help them deal with the rise in demand from local communities.

New alternative business structure entrants to the legal profession are winning a lot of business through major affinity and partnership deals with non-legal companies, a report has revealed.

The Legal Services Board (LSB) has announced plans to “step up” its oversight of legal regulators and implement formal action against those it deems to be underperforming.

Brexit has this week been interwoven with the appointment of a new prime minister and a major cabinet reshuffle, including a new chancellor of the exchequer. 

Top of the list in terms of business news this week was the collapse of BHS - the biggest and most visible loss to the high street since Woolworths went under in 2008.

Devonshires has maintained 100% of its newly qualified solicitors for the fourth consecutive year, across its offices in London and Leeds.

Bond Dickinson LLP has won the ‘Newcomer Large Employer of the Year’ award at the National Apprenticeship Awards for its ground-breaking efforts in the legal apprenticeship space.

In all the apocalyptic, post-Brexit scenarios, no one was likely to have predicted the worst outcome of all – a lack of Marmite in some parts of the United Kingdom.

The legal sector is ranked as the 13th industry most exposed to ransomware attacks, according to data collected by file encryption service NordLocker. 

Top regional firms Coffin Mew and Charles Lucas & Marshall have announced their impending merger. 

The four-day weekend looms and while it’s hard to imagine doing anything much other than gorging on chocolate and hot cross buns, it’s also an opportunity to catch up on some light reading. 

Here we are on another Super Thursday (ie, when several key economic announcements are made on the same day) and everyone is watching the Bank of England nervously to see if it will drop interest rates – the first time since 2009.

The backlog in Crown court cases has started to stabilise at 58,000 cases.

International legal business DWF Group Plc has opened its fourth office in Germany through the recruitment of the entire Düsseldorf office of Marccus Partners.