Top Stories

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  PPI Ruling Could Expose Hidden Liabilities In Contracts

  By Martin Croucher

  The Court of Appeal's decision to wipe out a £677 million ($905 million) payment protection insurance bill for S...(read more)

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  Nuveen Wins Regulatory Backing To Buy Schroders For £10B

  By Irene Madongo

  Asset manager Nuveen said Tuesday that it has received regulatory approval for its planned £9.9 billion ($13 bil...(read more)

• UK Legal Services Exports Surge To Record £11B In 2025

  By Ashish Sareen

  The Law Society said Tuesday that exports of U.K. legal services have grown to a record total of around £11 billion ($14.7 billion) in 2025 amid sustained international demand, but warned that further government investment is needed as international rivals look to close the gap.

• UK To Expand Right To Leave For Bereavement, Miscarriages

  By Max Austin

  Workers who lose a close family member or experience pregnancy loss before 24 weeks will be entitled to two weeks' unpaid leave from April 2027, the U.K. government announced Tuesday.

• Kuwait Loses Bid To Extradite Former Pension Chief's Widow

  By Christopher Crosby

  Kuwait can't extradite the widow of its former pension chief from the U.K. to serve a lifetime prison sentence for allegedly stealing $73.8 million after a London judge ruled that prosecutors failed to formally notify her about her criminal trial.

• Bahamas Water Co. Can't Claim Squatters' Rights Over Land

  By Isabel Jackson

  The Bahamas' Water and Sewerage Corp. cannot claim squatters' rights over a section of land in the Caribbean country on the grounds that it has constructed water tanks there, the top appeals court for U.K. overseas territories has ruled.

• Honeywell Halts Ex-Licensee's Conveyor Belt Sales At UPC

  By Jamie Lennox

  Honeywell has persuaded the Unified Patent Court to stop a former licensee from selling certain conveyor belts in several European nations, defeating its opponent's argument that the agreement is still in place.

• FCA Wrongly Applies Time Limit To Redress Complaint

  By Tom Fish

  The Financial Conduct Authority has accepted a recommendation to investigate a complaint over its handling of a redress scheme for customers of a group of lenders, after the Complaints Commissioner found the regulator had wrongly rejected the case as out of time.

• Trafigura To List Tanker Arm In Oslo In 1st For Logistics Giant

  By Irene Madongo

  Logistics and commodities giant Trafigura said Monday it plans to take its newly formed Volare Shipping Ltd. unit public in Oslo after a private share placement seeking to raise the Norwegian kroner equivalent of about $500 million.

• FCA Enlists Industry To Close Protection Insurance Gap

  By Joel Poultney

  Britain's finance watchdog said Monday it plans to encourage consumers to take out protection insurance through awareness campaigns, as well as planning work to help insurers deliver the smoother sale of policies.

• Charity Worker Denied Time Off For Festival Loses Bias Claim

  By Jamie Lennox

  A charity has convinced a tribunal it did not discriminate against a now-former worker by declining her request for time off to attend a music festival, arguing that she does not hold a protected belief linked to attending the event.

• Quinn Emanuel Brings London Office Founder Into BHP Case

  By Marialuisa Taddia

  Quinn Emanuel Urquhart & Sullivan LLP said the founding and senior partner of its London office has joined the team acting alongside Pogust Goodhead in the £36 billion ($48.1 billion) litigation against BHP over Brazil's Mariana dam collapse.

• EU IP Valuation Plan Spurs Patent Expertise Concerns

  By Alex Baldwin

  The European Commission wants to foster technical innovation across the European Union by standardizing the framework for valuing intellectual property assets, but experts wonder whether the EU Intellectual Property Office is capable of effectively valuing patent portfolios.

• UK's New AML Plans May Drive Surge In Financial Crime Work

  By Christopher Crosby

  Government plans to throw more officers, money and agencies at cracking down on money laundering could be "transformational," leading to a surge in investigations and, City lawyers say, work for defense teams.