Top Stories

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  FCA Sets Rules For Early Car Finance Compensation Offers

  By Tom Fish

  Lenders offering early compensation to customers affected by potentially mis-sold car finance must provide clear...(read more)

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  Anthropic Taps RetailBook For UK Shares Offer As Part Of IPO

  By Najiyya Budaly

  Claude developer Anthropic said Tuesday that it has appointed investment platform RetailBook to reach investors ...(read more)

• UK Regulators Moot More Risk-Sensitive Credit Union Rules

  By Tom Fish

  The U.K.'s financial authorities said Tuesday they want to relax regulatory requirements for smaller credit unions and introduce more risk-sensitive capital rules for larger institutions to support growth, competition and innovation in the sector.

• Crest Nicholson Faces Appeal Over Land Purchase Rights

  By William Janes

  A family urged the Court of Appeal on Tuesday to overturn a ruling that preserves Crest Nicholson's right to buy development land, arguing that the developer's purchase option had expired despite legislation removing restrictions on how long such rights can last.

• Engineer Says JV Partner Can't Block £24M Hinkley Award

  By Eddie Beaver

  Darchem urged an appeals court on Tuesday to overturn a ruling that barred it from enforcing an adjudication award of £24 million ($32.2 million) against the contractors building Hinkley Point C, arguing it could do so without its joint venture partner.

• Former Ecclestone Family Lawyer Denies Tax Fraud Charge

  By Christopher Crosby

  A former solicitor and adviser to Bernie Ecclestone, the ex-chief executive of Formula One, pleaded not guilty to tax fraud in London on Tuesday over allegations that he lied to HM Revenue and Customs about his ability to pay back taxes.

• UK Probes Boston Consulting's Partner Pay After Court Ruling

  By Kevin Pinner

  HM Revenue & Customs is investigating how Boston Consulting Group's U.K. arm treats partners for income tax purposes, the company disclosed after a U.K. Supreme Court ruling allowing a hedge fund's managers to be taxed as employees.

• Lawyers Left Guessing On AI Influence In Witness Statements

  By Joanne Faulkner

  Uncertainty over what counts as artificial intelligence "influencing" witness evidence could complicate proposed safeguards on its use in court documents, lawyers say, as even routine preparation and research could potentially fall within the guidance.

• Google Inks Deal With Prospect Union Under New UK Rules

  By Irene Madongo

  British trade union Prospect said Monday it has secured an agreement with Google giving it the right to speak to the tech giant's staff in the U.K., just days after new rules empowering employee bodies to access workplaces kicked in.

• Amersi Denies Kazakh Payment Was Corrupt In BBC Trial

  By Ronan Barnard

  A prominent business executive and political donor denied Monday making a corrupt payment to a Kazakh woman connected to the country's ruling politicians in the early stages of the London trial of his libel claim against the BBC.

• AI Law Firm Eyes PE Deal As It Bids For Weil Tech, Talent

  By Marialuisa Taddia

  AI-focused Scissero Law Ltd. said Monday that it is discussing a majority investment with around half a dozen midsized private equity firms and is also speaking with partners and other lawyers from Weil Gotshal & Manges LLP about joining the firm.

• Spain Blocks Investors' €29M ICSID Award Assignment

  By Sophia Dourou

  The Court of Appeal has blocked the transfer of a €29.3 million ($32.8 million) arbitration award against Spain, ruling Monday that the investors who won the award cannot transfer its enforcement to another party.

• EHRC Says Nonemployees Can Claim Workplace Harassment

  By Adele Redmond

  A new duty on employers to take "all reasonable steps" to prevent sexual harassment of staff members can apply to contract workers, consultants and those working illegally, according to the watchdog charged with enforcing the change in the law.

• Insurers Face Climate Change Risks With New AI Data Centers

  By Martin Croucher

  Data centers concentrated in areas prone to environmental catastrophes could expose insurers to growing legal risks, experts have warned.