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 30, 2026
Binance has been hit with a £150 million ($199 million) group action claim by investors who accuse the cryptocurrency trading platform of illegally selling them high-risk derivatives products, the investors' lawyers said Tuesday.
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June 30, 2026
Thousands of motorists can pursue claims against car finance providers as a group, a London appellate court affirmed Tuesday, saying that it was not an "irrelevant waste of time" to try lead cases to determine common issues between them.
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June 30, 2026
The Bank of England and the Financial Conduct Authority set out proposals Tuesday on how they will jointly regulate systemic stablecoin issuers in the U.K.
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June 30, 2026
The government should consider reforms to allow Britons to use pension wealth to get on the property ladder, a consultancy said Tuesday, warning that those living in rented accommodation are more likely to face poverty in retirement.
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June 30, 2026
The government has helped drive a decade of progress in increasing female representation in senior leadership positions across the financial services sector, but achieving complete gender parity is still decades away, a review by HM Treasury indicated on Tuesday.
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June 30, 2026
The U.K.'s pension compensation fund has rolled out changes that will mean that people suffering from a terminal illness receive benefits sooner.
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June 29, 2026
The Financial Conduct Authority has slashed potential capital requirements for issuing stablecoins in its landmark crypto-assets regime that was finalized Tuesday, the biggest expansion of its regulatory power in over a decade.
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June 29, 2026
Collyer Bristow denies it cost a storage business £73.4 million ($97.3 million) by failing to explain that settling a swaps dispute with Barclays would block future claims against Clyde & Co. and others, telling a London court that its advice was sound.
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June 29, 2026
The U.K. finance regulator's £7.5 billion ($9.9 billion) redress schemes for motor finance customers will be partly suspended after the first hearing at a London tribunal Monday of a series of legal claims challenging them.
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June 29, 2026
U.S. investment firm Sixth Street said Monday that it will buy a majority stake in Monument Re to support the long-term growth of the reinsurer.
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June 29, 2026
A property developer failed Monday to revive his case that an English council unlawfully subsidized a rival by approving £140 million ($185 million) in loans for the construction of two tower blocks without doing due diligence.
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June 29, 2026
Private investment company Bridgepoint Group PLC said Monday that it will buy Kayne Anderson, an alternative real estate investor, for $1.4 billion in a deal steered by Simpson Thacher and Kirkland.
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June 26, 2026
Online payment company QuidPay urged a London judge Friday to order a digital bank to pay out funds worth more than $12 million withheld after suspending its accounts as a result of suspected fraudulent transactions, saying that it is facing "total destruction."
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June 26, 2026
Labour leadership contender Andy Burnham should not support wealth taxes, including a hike in the capital gains tax, because such measures don't raise a significant amount of money, one of his advisers said.
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June 26, 2026
The past week in London has seen Michelle Mone sued by PPE Medpro, Broadfield Law sued by the founders of an international aid company, and litigation funder Fortress bring a claim against Edwin Coe and businesses the law firm represented in a cartel claim.
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June 26, 2026
A Tether company failed on Friday to block a crypto trading company from pursuing litigation in England accusing it of stealing the crypto business' trade secrets in a bitter dispute over a failed bitcoin mining joint venture.
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June 26, 2026
The Financial Conduct Authority set out Friday its expectations on how stockbrokers, investment platforms and trading apps should engage with retail customers and enable them to vote.
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June 26, 2026
An influential retirement savings trade group said the minimum pension contribution level under automatic enrollment should rise from 8% to 12% to address growing concerns that Britons are not saving enough.
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June 26, 2026
Members of pension plans should receive billions of pounds in government tax relief only if more of their retirement savings are invested in U.K. companies to revive economic growth, a trade group has said.
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June 26, 2026
The Financial Conduct Authority proposed rule changes Friday for investment trusts listed on the London Stock Exchange that would manage conflicts of interest when a substantial shareholder tries to become a director with a financial interest.
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June 26, 2026
Jewelry magnate Nirav Modi has been ordered to repay the Bank of India $10.7 million for guaranteeing to cover loans to his diamond company after a court rejected his argument that the deal was unenforceable under Indian law.
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June 26, 2026
The European Union said Friday that the bloc's governments have agreed to reform its workplace pension rules, advancing plans aimed at improving retirement savings, encouraging cross-border pension activity and channeling more investment into its economy.
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June 26, 2026
London-listed XPS Pensions Group said Friday that it will buy U.K. actuarial consultancy Austin Professional Resourcing for up to £16.3 million ($22 million) in order to expand its business.
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June 26, 2026
The U.K. government has said it will develop a communications strategy to provide accessible and targeted information on the state pension age in response to a report that found it failed to properly set out legislative changes to women's state pension age.
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June 26, 2026
Amedeo Air Four Plus Ltd. said Friday it has ceased trading on the London Stock Exchange after a subsidiary of Lesha Bank LLC (Public) in Qatar completed its £190 million ($251 million) acquisition of the aircraft leasing investor.