Top Stories

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  Afghan Nationals Prepare To Sue MoD Over Data Breach

  By Joanne Faulkner

  Barings Law is preparing to bring a mass data-breach claim against the Ministry of Defence after the names of Af...(read more)

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  UK To Ease Senior Manager Rules Amid Regulatory Overhaul

  By Alex Davidson

  The government unveiled a raft of reforms to financial services regulation on Tuesday as it seeks to encourage i...(read more)

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• Trainline Accuses Gov't Of Unlawfully Awarding £32M Contract

  By Eddie Beaver

  Trainline.com Ltd. has sued the government for allegedly deciding to award a competitor an overpriced £32 million ($42.9 million) contract relating to an online rail ticketing platform in breach of "the most basic and fundamental standards of transparency" for procurement processes.

• Insurers Keen On UK Captive Regime But Fear 'Gold-Plating'

  By Martin Croucher

  The government has proposed new rules that it hopes will transform the U.K. into a global hub for captive insurance — but experts say that with formal regulation still to come they fear that "the devil will be in the detail."

• Taylor Wessing Revenue Tops €600M Amid Growth Push

  By Ashish Sareen

  Taylor Wessing said Tuesday that its global revenue has hit an all-time high of more than €600 million ($700 million) in its latest financial results, as it sets its sights on becoming a €1 billion firm within the next few years.

• SRA Flags Concerns Over High-Volume Litigation Practices

  By Marialuisa Taddia

  The Solicitors Regulation Authority has raised "serious" concerns about law firms engaged in high-volume litigation, disclosing more than 80 ongoing investigations into cases involving financial products, housing disrepair and cavity wall insulation.

• DCC To Sell £100M Tech Biz To Eversheds-Led PE Firm

  By Dawood Fakhir

  Irish conglomerate DCC PLC said Monday that it has agreed to sell Exertis, its technology distribution business in Britain and Ireland, to private equity firm Aurelius for approximately £100 million ($135 million) in a deal guided by Eversheds Sutherland.

• Supermarket Investor Buys Tesco Store For £54.1M

  By Dawood Fakhir

  Supermarket Income REIT PLC said Monday that it has acquired a Tesco supermarket in southeastern England for £54.1 million ($73 million) in its first transaction since it formed a strategic joint venture with U.S. asset management firm Blue Owl.

• HSBC Becomes Latest Bank To Quit Net Zero Finance Group

  By Alex Davidson

  HSBC has become the latest bank to quit a global banking coalition focused on mitigating climate change in alignment with the Paris Agreement, following multiple recent departures by lenders.

• Crédit Agricole Seeks ECB Approval To Buy 20% BPM Stake

  By Najiyya Budaly

  French lender Crédit Agricole said Monday that it is seeking approval from the European Central Bank to increase its stake in Italian rival Banco BPM to more than 20%.

• Moderna Fights Pfizer's 'Impossible' MRNA Patent Attack

  By Alex Baldwin

  Moderna on Friday lambasted Pfizer and BioNTech's argument that a patent claim underpinning its mRNA technology was obvious, arguing that its rivals were asking an appeal court to undertake an essentially "impossible" task of upending the entirety of a lower court's reasoning on the matter.

• UK Trials Sick Note Reform To Boost Workforce Participation

  By Tabitha Burbidge

  The government announced a new pilot program on Friday aimed at overhauling the way workers are signed off sick as part of wider efforts to support people with health conditions back into work.

• Ex-Insurance CEO's Wife Can't Ax £15M Asset Freeze

  By Eddie Beaver

  A London appeals court upheld a £15 million ($20.3 million) asset freeze on Friday against the wife of a former insurance company executive who is accused of cashing in on money her husband siphoned off from the business.

• 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.