Ashurst commissars recently sent out a firm-wide diktat banning academic qualifications from the email signatures of its partners. The Diary is not entirely sure what prompted the e-decree, but your correspondent could hear the unmistakable whinnying of City blue-bloods irked that the £60 they shelled out to upgrade their BA Cantab to an MA Cantab was not money well spent after all.

However, outright rebellion almost resulted in Germany, where the firm’s partners were apparently very reluctant indeed to surrender their hard-earned doctorates in email correspondence.