Top Stories

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  Gatwick Set For £2.2B Expansion As Legal Challenge Fails

  By Eddie Beaver

  Gatwick Airport can go ahead with its £2.2 billion ($3 billion) expansion after an appeals court refused on Tues...(read more)

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  Lender MFS Sues Barclays Over Fallout From £1B Insolvency

  By Eddie Beaver

  The administrators of Market Financial Solutions have sued Barclays at a London court after the mortgage lender ...(read more)

• Hendrix Bandmates' Estates To Appeal Sony's Royalties Win

  By Jamie Lennox

  The estates of Jimi Hendrix's former bandmates are set to appeal against a London court ruling that Sony does not owe them any royalties from its streaming of the band's back catalog in the U.K.

• Academic's Anti-Zionist Protected Beliefs Upheld On Appeal

  By Hanna Vioque

  The University of Bristol failed Tuesday to overturn a finding that it unfairly sacked a professor for saying that Zionism is a racist ideology, as an appellate tribunal confirmed that his views are protected beliefs. 

• Apple Files Fresh Legal Challenge To UK Encryption Demands

  By Christopher Crosby

  Apple has filed a fresh claim contesting the British government's latest demand for a back door to gain access to encrypted customer data in a new legal challenge at the Investigatory Powers Tribunal, the technology giant confirmed Tuesday. 

• REIT Segro Accepts £14B Linklaters-Backed Prologis Offer

  By Najiyya Budaly

  The board of U.K. REIT Segro said Tuesday it has agreed to a £14 billion ($18.8 billion) share offer from U.S. rival Prologis, with a partial cash alternative, in a deal that will list the enlarged group in London.

• UK Can Withhold Special Forces Intel In Kuwait Hostage Claim

  By Eddie Beaver

  The government can keep sensitive documents secret from passengers and crew suing over allegations that it used a British Airways flight to insert intelligence operatives into Kuwait before Iraq invaded its neighbor in 1990, a London court has ruled.

• FCA Sets Rules To Cut Transaction Reporting Costs By £108M

  By Alex Davidson

  The Financial Conduct Authority said Monday that it has finalized simpler rules on transaction reporting that will save the investment industry £108 million ($145 million) a year and boost Britain's competitiveness.

• Banco BPM Drops Merger Talks With Monte Paschi

  By Najiyya Budaly

  Italian lender Banco BPM has said that it has abandoned talks for a merger with Monte dei Paschi di Siena, paving the way for the country's largest lender, Intesa Sanpaolo, to move ahead with its €30.6 billion ($35.3 billion) takeover.

• Why Law Firms Still Back LLPs After BlueCrest Tax Ruling

  By Marialuisa Taddia

  Limited liability partnerships are still the structure of choice for law firms trying to keep pace with a London lateral market that shows little sign of slowing, even after a recent ruling by the U.K. Supreme Court raised fresh questions about tax and governance for those using the model.

• Advanz Limits Takeda Patent Team's Access To Biosimilar Info

  By Jamie Lennox

  A London judge restricted the activities of two in-house lawyers at Takeda on Friday to ensure they don't use Advanz's confidential information for purposes that fall outside their ongoing bowel disease drug patent clash.

• BlackBerry Can Pursue $6M Fee Claim Despite 4-Year Delay

  By Eddie Beaver

  BlackBerry Ltd. can pursue its $6 million claim against a telecoms company over allegedly unpaid licensing fees after an appeals court ruled Friday that the case should not be struck out, despite the software company leaving it dormant for almost four years.

• Motor Boss Wins Claim PE Biz Ousted Him From £200M Biz

  By Joanne Faulkner

  Private equity firm Freshstream "saved up" misconduct allegations against Big Motoring World founder Peter Waddell as part of a "pre-conceived and orchestrated plan" to remove him and take control of his multimillion-pound business, a London court ruled Friday.

• BP Preparing Sale Of North Sea Business In Strategy Revamp

  By Najiyya Budaly

  BP PLC said Friday it has put its North Sea business up for sale after six decades of operations, as industry groups urged the new prime minister to provide "certainty, stability and a policy framework" to prevent an exodus of employers from the region.