Top Stories

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  Four Arrested Over Cyberattacks On M&S, Co-Op and Harrods

  By Eddie Beaver

  The National Crime Agency arrested four people on Thursday for their suspected involvement in cyberattacks that ...(read more)

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  FCA Plans Investor Rule Overhaul To Boost Capital Markets

  By Najiyya Budaly

  The Financial Conduct Authority said Thursday that it will amend its client categorization rules in a bid to enc...(read more)

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• UK Watchdog Investigating Deloitte, Azets Over Stenn Audits

  By Alex Davidson

  The U.K. accounting watchdog said Thursday it has started investigations into accounting firms Azets Audit Services Ltd. and Deloitte LLP over their audit of U.K. invoice financing firm Stenn Assets, which collapsed in 2024 after a lender found suspicious transactions.

• Bird & Bird's Revenues Hit £580M As Tech Growth Continues

  By Ashish Sareen

  Bird & Bird LLP said Thursday that it has continued to grow despite facing challenging economic conditions as its revenue increased to approximately £580 million ($787 million) and profits rose in its latest financial results — though partner profits were flat.

• Ship Buyers Fight $5M Deposit Debt Ruling At UK Top Court

  By William Janes

  Buyers in a collapsed tanker deal fought on Wednesday to escape an almost $5 million debt for failing to facilitate a deposit payment, telling Britain's top court that the correct remedy is damages, and they should pay nothing because there was no loss.

• Mastercard Unit Fined £12M Over Compliance Failures

  By Martin Croucher

  The Bank of England said Wednesday that it has slapped an £11.9 million ($16.2 million) fine on Mastercard's U.K. payment systems operator Vocalink, in what the central bank called a first for a financial infrastructure company.

• Post Office Blamed For Adversarial Stance To Scandal Claims

  By Eddie Beaver

  The Post Office and its advisers adopted an "unnecessarily adversarial attitude" to those seeking financial redress for the Horizon IT scandal, according to the first findings published Tuesday by the public inquiry into what has been labeled the worst miscarriage of justice in U.K. modern history.

• Oil Co. Says Nigeria Shouldn't Profit From £44M Legal Bill

  By Ronan Barnard

  An oil and gas company at the center of a fraud scandal arising from an $11 billion arbitration award issued against Nigeria urged the U.K.'s highest court Tuesday to change the currency for Nigeria's legal costs, arguing that the country would unjustly benefit from the depreciation of its own currency.

• Wimbledon's £200M Expansion Plan Faces Legal Challenge

  By Sophia Dourou

  Campaigners challenging a £200 million ($271 million) plan to expand the Wimbledon tennis ground told a court Tuesday that the London local authority unlawfully approved the 38-court expansion project.

• UK To Offer Miscarriage Leave After Late Addition To Bill

  By Tabitha Burbidge

  Workers who suffer pregnancy loss before 24 weeks will be granted new rights to time off under a long-anticipated amendment to the Employment Rights Bill, the U.K. government announced Monday, in a move some lawyers say doesn't address major gaps.

• IBM Rival Can't Appeal Reverse-Engineering Defeat

  By Jamie Lennox

  A London appeals court has blocked a tech company's "kitchen sink" appeal against a ruling that it unlawfully reverse engineered IBM's software to help develop a competing product.

• Capgemini To Buy Tech Biz WNS For $3.3B In AI Expansion

  By Najiyya Budaly

  French consultancy Capgemini SE said Monday that it will buy technology outsourcing specialist WNS for $3.3 billion in cash to boost its artificial intelligence services.

• Sheikh Must Pay Brothers $240M Each In Inheritance Fight

  By William Janes

  The son of an Emirati royal accused of embezzling more than $1 billion from his dead father must give two of his brothers approximately $240 million each for their shares in their father's estate, a London court ruled on Friday.

• Ex-Jones Day Partner Faces SDT Over Evidence Destruction

  By Ashish Sareen

  A former private equity partner at Jones Day has been referred to a disciplinary tribunal after a London court held him in contempt of court for instructing an IT manager to delete a secure messaging app, the Solicitors Regulation Authority has said.