The government's growing use of sanctions to disrupt criminals targeting Britain is creating more work for white-collar lawyers, even if they object that the heavy-handed foreign policy tool flouts the rule of law.
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Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
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The decision by a British bank to voluntarily pay £31.7 million ($42 million) to consumers and avoid a full investigation by the finance watchdog is part of a growing strategy to resolve cases of market misconduct more quickly, lawyers say.
Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
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The government's growing use of sanctions to disrupt criminals targeting Britain is creating more work for white-collar lawyers, even if they object that the heavy-handed foreign policy tool flouts the rule of law.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
The decision by a British bank to voluntarily pay £31.7 million ($42 million) to consumers and avoid a full investigation by the finance watchdog is part of a growing strategy to resolve cases of market misconduct more quickly, lawyers say.
Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
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July 09, 2026
The City regulator said in its latest annual report on Thursday that it led an international crackdown on illegal financial promotions over the past year, making three arrests, requesting 650 social media takedowns and intensifying its fight against financial crime.
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July 09, 2026
Outsourcing giant Capita warned Thursday that problems administering the U.K. Civil Service Pension Scheme will cut its 2026 profit by up to £40 million ($54 million) and delay its return to surplus cash generation.
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July 09, 2026
Britain's accounting watchdog said Thursday that 191 organizations meet the conditions to be signed up to its revised UK Stewardship Code, announcing that 290 businesses are now signatories to the framework.
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July 09, 2026
Workplace pension scheme Nest plans to invest up to £1 billion ($1.3 billion) in growing private companies via a dedicated venture capital portfolio managed by Schroders Capital, to boost long-term returns and increase backing for British startups.
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July 09, 2026
Around 85% of personal, workplace and state pension records are now connected to the retirement savings dashboard system, the government has said, highlighting that the delayed program is on track to meet its Oct. 31 deadline.
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July 09, 2026
Economic uncertainty and a shortage of willing sellers have driven merger and acquisition activity in the U.K. insurance distribution sector to its weakest first-half level in nearly a decade, according to a consultancy.
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July 08, 2026
Citadel Securities has agreed to drop its New York trade secrets lawsuit targeting a Swiss cryptocurrency trading firm launched by two ex-employees in order to focus on enforcing a roughly £6 million ($8 million) judgment it's already won in the dispute, according to documents filed Wednesday.
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July 08, 2026
British American Tobacco PLC faces a second group claim in London this year after more than 100 shareholders alleged it had failed to disclose information about its North Korean activities, which ultimately led to the company paying hundreds of millions in penalties.
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July 08, 2026
The government said Wednesday it will pursue service provider Capita for reimbursement on a taxpayer-funded fix for the ongoing Civil Service Pensions Scheme debacle.
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July 08, 2026
The U.K. government must reform workplace pensions as the current system still cannot provide adequate retirement incomes for many workers, a trade body warned on Wednesday.
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July 08, 2026
Real estate developer Urbas has admitted to defaulting on loan agreements but argued that a €189 million ($215 million) claim brought by a Luxembourg credit provider for repayment must be recalculated because PwC allegedly undervalued the shares appropriated by the lender as collateral.
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July 08, 2026
Metals tycoon Prateek Gupta told the Court of Appeal on Wednesday that a U.K. commodities trader cannot bring a fraud claim worth almost $7 million against him in England because the alleged loss occurred abroad.
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July 08, 2026
The audit watchdog said Wednesday that the use of artificial intelligence tools in corporate reporting is still cautious and uneven across the market, despite many businesses considering adopting the technology over the coming year.
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July 08, 2026
The Financial Conduct Authority said Wednesday in its latest enforcement watch newsletter that it is conducting 11 investigations into potential breaches of the Consumer Duty.
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July 08, 2026
Italian lender UniCredit said Wednesday that it holds 49.65% of the voting rights in Commerzbank AG of Germany despite resistance from the German state about the approach.
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July 07, 2026
The European Parliament moved toward ending financial services' blanket exemption from value-added taxes by voting Tuesday to adopt a report recommending such a shift.
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July 07, 2026
European financial authorities warned Tuesday that the latest generation of artificial intelligence poses "a paradigm shift for cybersecurity" as the technology could enable bad actors to launch faster, cheaper and more sophisticated attacks on the financial market.
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July 07, 2026
Dozens of major companies pledged on Tuesday to strengthen their cyberdefenses amid a surge in AI-enabled attacks by foreign states and criminal groups that cost the U.K. economy an estimated £14.7 billion ($19.7 billion) annually.
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July 07, 2026
The Financial Conduct Authority has warned companies trading shares on the London Stock Exchange that many are failing to disclose information on total voting rights as required to the market.
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July 07, 2026
The government has said it accidentally overtaxed millions of Britons for their state pension income over four years, but that the tax ministry is working to ensure the error will not be repeated.
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July 07, 2026
The Bank of England said Tuesday that it plans to ease a critical capital requirement for major financial institutions in the U.K. to make it "simpler and more effective" for them to continue lending during times of financial stress.
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July 07, 2026
Thousands of Chinese investors defrauded by a money launderer argued Tuesday that their claims seeking to recover their share of billions of pounds of seized cryptocurrency should be governed by English law.
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July 07, 2026
Capita PLC said Tuesday that its handling of the Civil Service Pension Scheme was "not good enough" after the government withheld £9.9 million ($13.2 million) in payments under its contract to administer the program, citing missed performance targets and service failures.
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July 06, 2026
The finance watchdog said on Tuesday that it had found widespread failings that left many vulnerable people unaware of essential banking services or unable to get access to them, adding that Britain's biggest lenders have agreed to improve access to basic bank accounts.
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July 06, 2026
The U.K. has hit several Russian state scientific institutions and researchers involved in the development and production of the deadly toxins used in the murder of Alexei Navalny and the Salisbury poisonings.