Top Stories

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  'Architect' Of £5B Chinese Bitcoin Fraud Jailed For 11 Years

  By Christopher Crosby

  A London judge sentenced a Chinese woman to more than 11 years in prison on Tuesday for buying bitcoin now worth...(read more)

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  Trump Threatens To Sue BBC For $1B Over Speech Editing

  By Joanne Faulkner

  Donald Trump's legal team threatened Monday to sue the BBC for $1 billion unless the broadcaster makes a "full a...(read more)

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• Freeths Accused Of Negligence By Scottish Car Dealership

  By Jamie Lennox

  Freeths is facing a negligence claim in a London court from a Scottish car dealership that it previously represented in litigation against a Renault-owned financing company.

• FRC Guides Asset Managers On Easier Stewardship Reporting

  By Alex Davidson

  Britain's accounting watchdog released guidance on Tuesday for asset managers and others on compliance with the updated Stewardship Code, which will reduce the reporting burden.

• Mitie Settles MoD Claim Over £1.3B Falklands Contract Award

  By Eddie Beaver

  Mitie has settled its claim against the Ministry of Defence over the department allegedly carrying out a flawed procurement process and wrongly denying the outsourcing company a contract worth up to £1.3 billion ($1.7 billion) to provide services to the armed forces.

• Louis Theroux's Co. Sued For Using 'Alien Autopsy' Footage

  By Hanna Vioque

  A film director has sued journalist Louis Theroux's production company, claiming that Mindhouse Productions' upcoming Sky-produced documentary examining his hoax film Alien Autopsy was pushing a false narrative, just weeks after suing the Daily Mail's owner. 

• Housing Co. Says Contractor Had No Right To Exit £7.2M Deal

  By Lucia Osborne-Crowley

  A housing company urged the U.K.'s top court on Monday to rule that a contractor had no right to end a £7.2 million ($9.5 million) deal after the housing business failed to pay interim bills on time, saying its late payments did not amount to repeated defaults on the agreement.

• Ex-PrivatBank Owners To Pay $3B For Fraud Case Loss

  By Eddie Beaver

  A London court ordered the former owners of PrivatBank on Monday to pay the Ukrainian lender almost $3 billion in compensation for orchestrating an elaborate money-siphoning scheme involving sham loans linked to fictitious commodity trades.

• BoE Proposes New Type Of Stablecoin Regime For Payments

  By Alex Davidson

  The Bank of England set out on Monday its planned regulatory regime for use of a new type of digital money known as systemic stablecoins to make retail payments and wholesale settlements.

• FCA Warns Credit Builder Products Often Fail To Deliver

  By Tom Fish

  The Financial Conduct Authority said Monday that many products claiming to build financial credit fail to deliver meaningful improvements to U.K. consumers' scores and may even expose financially vulnerable users to harm.

• 'Name And Shame' Test Case Ruling Could Embolden FCA

  By Alex Davidson

  Financial services companies should be ready to engage with consumers when faced with enforcement action, in a lesson from a test case of the reasoning behind a Financial Conduct Authority decision to "name and shame" a company that could encourage bolder naming actions, lawyers said.

• McDonald's Told To Do More To Stop Sexual Harassment

  By Adele Redmond

  The U.K.'s equality watchdog said Friday it has asked McDonald's to do more to protect its staff from sexual harassment after "serious allegations" emerged following an initial deal with the fast food giant.

• Ex-Commerzbank Analyst Jailed For Fake Harassment Claims

  By Ronan Barnard

  A former Commerzbank analyst was sentenced to more than a year in prison by a London judge Friday for making false allegations of discrimination and sexual harassment in an employment tribunal against his former colleague.

• UK Open To Fixes In Greencore's £1.2B Bakkavor Deal

  By Najiyya Budaly

  The Competition and Markets Authority said Friday that it is likely to accept proposals by Greencore to sell its manufacturing plant for chilled sauces to get its £1.2 billion ($1.6 billion) deal for rival Bakkavor over the line.