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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A recent court ruling that expands legal advice privilege to cover some internal corporate communications gives companies greater scope for withholding sensitive material but is likely to prompt challenges over whether those documents meet the test for protection, lawyers say.
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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.
A recent court ruling that expands legal advice privilege to cover some internal corporate communications gives companies greater scope for withholding sensitive material but is likely to prompt challenges over whether those documents meet the test for protection, lawyers say.
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May 15, 2026
AmTrust persuaded a court Friday to allow it to challenge a decision capping its bid to hold an insurer of two defunct law firms liable for £15 million ($20 million) paid out under a failed litigation funding system.
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May 15, 2026
The number of people withdrawing their retirement savings in full has increased by almost a third over the past seven years, a pensions provider said Friday, raising concerns about the adequacy of long-term savings.
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May 15, 2026
A U.K. bank has beaten a former executive's claim that it penalized her for blowing the whistle on alleged regulatory failures, persuading a tribunal that its disciplinary probe into her hotel spending was not a sham.
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May 15, 2026
A European court has rejected Klarna's bid to obtain exclusive rights over a "K." trademark in the banking world, but allowed the fintech firm to keep its logo registered over a range of non-financial services despite a Spanish rival's attacks.
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May 15, 2026
Britain's Information Commissioner's Office has said all businesses must take "proactive steps" to address the evolving and growing threat of artificial intelligence-powered cyberattacks.
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May 15, 2026
BlackRock has launched a new fund aimed at giving defined contribution pension savers broader access to private market investments, amid building momentum in the U.K. to channel more retirement savings into so-called productive finance assets.
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May 14, 2026
Stellantis, the company behind Chrysler, Jeep and Dodge cars, has received Federal Deposit Insurance Corp. clearance to open a U.S. industrial bank, a move that will put all of Detroit's "Big Three" automakers on track to own federally insured lenders.
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May 14, 2026
A management consultancy has told a London court that a purported bond-market trader used a $9.4 million investment to buy a country home and other businesses instead of paying promised returns.
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May 14, 2026
A private equity shop's special purpose vehicle has settled its case against a French restaurant manager alleging that he lied about his previous work experience to secure a €9.3 million ($11 million) investment for a failed food business venture.
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May 14, 2026
A diamond and jewelry tycoon accused of swindling more than $1 billion from banks testified at trial in London on Thursday that he never attended board meetings and signed off on minutes years after the fact without ever seeing the contents.
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May 14, 2026
A former executive at investment holding company Jusan Technologies Ltd. won his whistleblowing case on Thursday after a tribunal found that the British company withheld money he was due after he raised concerns about embezzlement.
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May 14, 2026
Insurance giant Aviva PLC reported Thursday a steep decline in pension deals in the first quarter, owing to new competitive pressures in the market.
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May 14, 2026
The highest earners in the private sector will be hit the hardest by the U.K. government's decision to cap tax-free pension salary sacrifices at £2,000 ($2,700), the Institute for Fiscal Studies has said, with finance and insurance among the most affected industries.
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May 14, 2026
The Treasury said Thursday that it has commissioned an independent review to protect access to face-to-face banking across the U.K., which will inform new powers for the government to act where access to banking services is at risk.
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May 14, 2026
The government is facing a renewed legal challenge over its refusal to offer compensation to women affected by failures in state pension provision.
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May 14, 2026
Approximately 12.2 million people in the U.K. risk being unable to afford even a basic standard of living in retirement, according to pensions provider Scottish Widows.
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May 14, 2026
The government has appointed Joanne Segars to chair the Pension Protection Fund at a time when the compensation organization is facing calls for reform amid a £14 billion ($18.9 billion) surplus.
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May 13, 2026
Crispin Odey has settled sexual assault claims brought against him by several women, a month after he dropped his £79 million ($107 million) libel claim against the Financial Times over articles which brought the allegations to public attention.
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May 13, 2026
U.S.-based private markets fintech company Carta said Wednesday that it has acquired U.K. law firm Avantia Law Ltd. in a move that enables it to offer artificial intelligence-powered legal and compliance services to private equity and venture capital firms.
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May 13, 2026
A diamond and jewelry tycoon accused of swindling more than $1 billion from banks has denied controlling various businesses that carried out the Indian gold bullion fraud, as he testified on Wednesday at the trial brought by the liquidators of U.K. companies.
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May 13, 2026
The British government has launched a project designed to attract around £99 billion ($133.8 billion) of Australian pension fund investment over the next decade as part of its broader bid to direct retirements savings capital toward the U.K.
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May 13, 2026
The Financial Conduct Authority said on Wednesday that it has launched a review into investment firms to establish whether they are doing enough to support clients going through bereavement after a poll showed that fewer than half were given adequate support.
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May 13, 2026
The overall surplus of U.K. retirement saving programs fell by £5.3 billion ($7.2 billion) in April as continuing market volatility pushed down funding for the second month in a row, the Pension Protection Fund has said.
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May 12, 2026
The administrators of Market Financial Solutions have accused the collapsed lender's owner of systematically plundering £1.3 billion ($1.8 billion) in a "widescale" fraud to fund his "lavish lifestyle."
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May 12, 2026
Deutsche Bank can seek to force Monaco-based billionaire Alexander Vik to answer questions about his company's assets to help claw back debt exceeding $360 million, after a London appeals court ruled Tuesday it does have the power to issue such an order.