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.
New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.
Legal challenges to the Financial Conduct Authority's motor finance redress scheme fired off this week to the Upper Tribunal will lead to long delays, with some legal experts already doubting whether the cases can be argued successfully.
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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.
New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.
Legal challenges to the Financial Conduct Authority's motor finance redress scheme fired off this week to the Upper Tribunal will lead to long delays, with some legal experts already doubting whether the cases can be argued successfully.
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June 24, 2026
The Labour government is planning a 22% charge on interest gained on stocks and shares in individual savings accounts as part of overhauling rules for these tax-free saving options widely used to save for buying homes, Britain's tax authority said.
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June 24, 2026
PayPoint PLC said Wednesday that it has completed its acquisition of AperiData following an earlier £1 million ($1.3 million) investment in the credit reference agency and open banking platform.
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June 24, 2026
UK Finance has called for greater regulatory equivalence as part of a stronger financial services partnership between the U.K. and European Union ahead of their annual leaders' summit in Brussels on July 22.
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June 24, 2026
The Financial Reporting Council said on Wednesday that it had revised auditing standards to shorten auditors' reports after concerns that they had become unnecessarily lengthy in recent years.
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June 24, 2026
The finance watchdog has urged insurers to strengthen key financial crime controls after it found weaknesses across the sector, including in risk assessments, customer due diligence, transaction monitoring and oversight of outsourced activities.
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June 24, 2026
Real estate investment trust Segro said Wednesday that it has rebuffed an unsolicited £12.6 billion ($16.6 billion) bid from Prologis, saying the approach was "opportunistically timed" as the U.S. company seeks access to the U.K. rival's data center business.
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June 23, 2026
Baltic Exchange has rejected Mercuria Energy Group's claim that it failed to factor the effective closure of the Strait of Hormuz into an oil trading benchmark, saying it used the same methodology as during earlier U.S.-Iran war disruptions.
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June 23, 2026
A former Barclays community banker won leave Tuesday to appeal against a tribunal's findings that she was not discriminated against in disputes over her place of work, as she claimed the judge in the case called her "delusional."
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June 23, 2026
The U.K. accounting watchdog said Tuesday that it has fined and banned a tiny accounting firm, finding "widespread deficiencies" in its audit work on the accounts of several companies in Sanjeev Gupta's metals empire.
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June 23, 2026
A London judge has approved a request by the Crown Prosecution Service to waive new public access requirements for court documents in a claim against gambling group Entain, in the first decision to set out the criteria for a filing modification order.
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June 23, 2026
The European Parliament's economic and monetary affairs committee said Tuesday it has voted by a large majority for a digital euro backed by the European Central Bank, with a pilot rollout likely in 2027.
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June 23, 2026
The next prime minister should reconsider the long-term viability of the state pension triple lock, an insurer warned Tuesday.
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June 23, 2026
Lloyds Banking Group said it has launched fraud detection agents powered by artificial intelligence that analyze payments in real time to help stop scams.
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June 23, 2026
IP Group PLC said Tuesday that it has rejected a takeover approach worth approximately £615.8 million ($814 million) from the trustee of a U.K. retirement savings plan for railway staff.
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June 23, 2026
Almost nine in 10 trustees of defined benefit pension schemes in the U.K. have not assessed how new and evolving health treatments for weight loss will affect the liabilities of their plans, Standard Life said Tuesday.
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June 23, 2026
Europe's insurance industry urged policymakers on Tuesday to sharpen the focus of the Savings and Investments Union, saying the sector should do more to channel household savings into the long-term investments needed to strengthen Europe's economy.
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June 22, 2026
The Financial Conduct Authority proposed tighter rules for self-invested personal pensions on Monday in order to prevent fraudulent investments and keep client money safe.
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June 22, 2026
A property developer's directors will give up their phones to be examined for messages possibly relevant to the company's long-running claim worth more than £180 million ($238 million) against French hospitality giant Accor, a London judge has ordered.
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June 22, 2026
Lawyers will face fresh "fit and proper" tests when the Financial Conduct Authority takes over control of anti-money laundering regulation from the Solicitors Regulation Authority, the government has confirmed.
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June 22, 2026
U.S. investment giant Ares has rejected claims it tried to profit from a London real estate business' success by using the "Marq Logistics" trademark, arguing that the U.K. company operates under a different logo.
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June 22, 2026
The Bank of England set out on Monday what it called a "milestone" regime for U.K. issuers of stablecoins in a policy paper that relaxes its original proposals.
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June 22, 2026
The Treasury has updated its list of countries at high risk for money laundering and terrorist financing, telling companies to enhance due diligence for transactions involving Iraq and Bosnia and Herzegovina while removing Algeria and Namibia from the list.
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June 22, 2026
The strong funding position of defined benefit pension plans is likely to give rise to more innovation in the future, Britain's retirement savings watchdog has said, as it urged any plans considering novel ideas to consult with the regulator.
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June 22, 2026
U.K. car hire company NRG said Monday that it has agreed to acquire Paragon Banking Group's specialist vehicle and fleet subsidiary for £85.6 million ($113.3 million) as it seeks to expand the business.
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June 19, 2026
A fake financial adviser imprisoned more than a decade ago for swindling British expats in Indonesia must repay an additional £491,000 ($650,000) after investigators found new properties, luxury cars and several bank accounts, the Serious Fraud Office said Friday.