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 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 on Friday failed to block a crypto trading firm from pursuing litigation in England accusing it of stealing the crypto firm's 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.
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June 25, 2026
The Financial Conduct Authority said Thursday that it has censured asset servicing bank Caceis UK, which has agreed to make a £31.7 million ($41.9 million) voluntary payment to compensate clients of the now defunct WealthTek for losses after failing to act on financial crime risk.
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June 25, 2026
A payment services company fought to overturn the victory of victims of a £300,000 ($395,815) fraud in London appellate court Thursday, arguing that it should not be required to restore £160,000 to a company's account because it was also a victim of the fraudsters.
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June 25, 2026
The Pensions Regulator said Thursday that managers of workplace retirement savings plans should assess now whether they can comply with new measures due to be introduced in 2026.
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June 25, 2026
James Neill Pension Plan has penned a "landmark" capital-backed investment deal with Portunes Pension Capital, marking only the second such transaction in Britain's retirement savings market, legal advisers on the deal have said.
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June 25, 2026
A Bank of England official has said that a number of investigation subjects are engaging with the central bank earlier in a "sea change" in how some enforcement cases are being approached.
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June 25, 2026
The Bank of England set out proposals Thursday for the next-generation retail payments infrastructure, which would enable artificial intelligence agents to make payments decisions and complete transactions as well as police the system.
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June 25, 2026
The Council of the European Union has finalized its position on reforms designed to make the pan-European personal pension more accessible for savers and remove provisions that have affected wider adoption of the product since it was launched in 2019.
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June 24, 2026
Elton John and Beyoncé's former manager has beaten a multimillion-pound claim accusing him of improperly diverting a music catalog investment opportunity for his own benefit, with a London judge ruling he was entitled to pursue the idea behind the Hipgnosis music investment fund.
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June 24, 2026
A group of major U.K. banks fended off on Wednesday an attempt by the Financial Ombudsman Service to investigate customer complaints over historic lending, which they argued could have opened the floodgates to thousands of more claims.
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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.