Top Stories

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  Ex-PrivatBank Owners To Pay $3B For Fraud Case Loss

  By Eddie Beaver

  A London court ordered the former owners of PrivatBank on Monday to pay the Ukrainian lender almost $3 billion i...(read more)

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  BoE Proposes New Type Of Stablecoin Regime For Payments

  By Alex Davidson

  The Bank of England set out on Monday its planned regulatory regime for use of a new type of digital money known...(read more)

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• Louis Theroux's Co. Sued For Using 'Alien Autopsy' Footage

  By Hanna Vioque

  A film director has sued journalist Louis Theroux's production company, claiming that Mindhouse Productions' upcoming Sky-produced documentary examining his hoax film Alien Autopsy was pushing a false narrative, just weeks after suing the Daily Mail's owner. 

• Housing Co. Says Contractor Had No Right To Exit £7.2M Deal

  By Lucia Osborne-Crowley

  A housing company urged the U.K.'s top court on Monday to rule that a contractor had no right to end a £7.2 million ($9.5 million) deal after the housing business failed to pay interim bills on time, saying its late payments did not amount to repeated defaults on the agreement.

• FCA Warns Credit Builder Products Often Fail To Deliver

  By Tom Fish

  The Financial Conduct Authority said Monday that many products claiming to build financial credit fail to deliver meaningful improvements to U.K. consumers' scores and may even expose financially vulnerable users to harm.

• 'Name And Shame' Test Case Ruling Could Embolden FCA

  By Alex Davidson

  Financial services companies should be ready to engage with consumers when faced with enforcement action, in a lesson from a test case of the reasoning behind a Financial Conduct Authority decision to "name and shame" a company that could encourage bolder naming actions, lawyers said.

• McDonald's Told To Do More To Stop Sexual Harassment

  By Adele Redmond

  The U.K.'s equality watchdog said Friday it has asked McDonald's to do more to protect its staff from sexual harassment after "serious allegations" emerged following an initial deal with the fast food giant.

• Ex-Commerzbank Analyst Jailed For Fake Harassment Claims

  By Ronan Barnard

  A former Commerzbank analyst was sentenced to more than a year in prison by a London judge Friday for making false allegations of discrimination and sexual harassment in an employment tribunal against his former colleague.

• UK Open To Fixes In Greencore's £1.2B Bakkavor Deal

  By Najiyya Budaly

  The Competition and Markets Authority said Friday that it is likely to accept proposals by Greencore to sell its manufacturing plant for chilled sauces to get its £1.2 billion ($1.6 billion) deal for rival Bakkavor over the line.

• AI Platform Legora Launches Portal To Ease Firm-Client Work

  By Marialuisa Taddia

  Swedish legal AI platform Legora said Friday it is developing a document portal that lets lawyers and clients work together in a secure workspace that avoids "inefficient" email chains with a roll-out date expected in early 2026.

• England Ex-Captain Wins Redo Of Head Injury Claim

  By Adele Redmond

  Former England soccer team captain David Watson has won his appeal to redo his claim for compensation for brain injuries he claims were caused during his professional career, in a ruling that his supporters said will help to gain legal recognition for athletes injured in their line of work.

• FRC Fines BDO £5.9M Over Audit Misconduct Admissions

  By Alex Davidson

  The accounting watchdog said Thursday it has fined BDO £5.85 million ($7.7 million) and fined its former audit engagement partners John Everingham and Kevin Cook separate amounts for misconduct relating to the supervision of a dishonest former senior manager.

• Irish Central Bank Fines Coinbase €21M For AML Breaches

  By Christopher Crosby

  Ireland's central bank fined cryptocurrency exchange Coinbase €21.4 million ($24.7 million) on Thursday for breaking anti-money laundering rules after it failed to adequately screen transactions worth billions of euros, some of which it later tied to organized crime, fraud and scams.

• Tottenham Hotspur FC Settles £11M Ineos Sponsorship Claim

  By Eddie Beaver

  Tottenham Hotspur FC has settled its £11.2 million ($14.7 million) claim against Ineos Automotive Ltd. over the carmaker allegedly dropping out of a five-year sponsorship deal part way through.