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September 15, 2026
Santander does not have to pay the £677 million ($912 million) that AXA lost when it deals with claims for wrongly sold payment protection insurance, as an appeals court said on Tuesday that an agreement to accept liability was not retrospective.
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September 15, 2026
E-commerce merchants and apps can apply to participate in a year-long pilot of the digital euro, giving businesses an opportunity to test the proposed new payment system, the European Central Bank said Tuesday.
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September 15, 2026
A sanctioned person cannot move interest earned on a frozen bank account to a separate account, the government has clarified as it tightened the interpretation of rules governing restricted assets.
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September 14, 2026
The U.K. government will recruit 500 new officers to target money laundering and organized crime as part of a £500 million ($674 million) crackdown on criminal finances, the Home Office said Monday.
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September 14, 2026
The British government said Monday that it plans to nationalize Speciality Steel UK after a private deal for the steel manufacturer fell through during insolvency procedures stemming from the collapse of its primary lender, Greensill Capital.
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September 14, 2026
The Labour government shouldn't risk growth by raising taxes on financial and professional services at a time when the economy is fragile, the City of London Corp. said Monday.
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September 14, 2026
Visa and Mastercard are facing a new competition claim from a water company and two hotel companies over interchange fees the companies say inflated the cost of accepting commercial payment cards, the latest in a series of U.K. swipe-fees disputes against the payments giants.
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September 14, 2026
The architect of a scam involving water-bottling projects that defrauded investors out of £4 million ($5.4 million) told his victims he wasn't like "unscrupulous rogues" who run off with people's money, a prosecutor told the trial Monday.
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September 14, 2026
The Financial Conduct Authority said Monday it could exempt certain tokenized gold products from U.K. fund regulations, making it easier to trade digital versions of physical bullion and use it as collateral.
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September 14, 2026
Crispin Odey failed to overturn his ban from working in the financial services industry on Monday as a tribunal upheld misconduct findings that the former hedge fund boss had thwarted an internal probe into allegations of sexual harassment.
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September 14, 2026
A judge has ruled against savers seeking restitution for failed pension investments, finding that the Financial Services Compensation Scheme was right to reject their claims for allegedly lost returns on investments because they were filed too late.
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September 14, 2026
Financial technology company Chift API said Monday that it has raised €10.5 million ($12.7 million) in Series A funding to expand its software platform across Europe.
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September 11, 2026
The U.K. government said Sunday that it would change how student loans are presented to prospective students in a bid to "right a historical wrong," but stopped short of enacting all the recommendations set out in a scathing parliamentary report.
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September 11, 2026
The Law Commission said the government should simplify legislation for the insurance mutuals sector, saying the rules around friendly societies are too complicated.
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September 11, 2026
The U.K. accounting regulator said Friday that it is investigating KPMG, PKF Littlejohn and an accountant over audits of State Oil, part of collapsed oil business Prax Group.
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September 11, 2026
The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaster TV Azteca file commercial fraud claims against Barclays and Metro Bank.
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September 11, 2026
Airbnb has won a bid to invalidate a German company's "Abnbx" trademark after European officials found that the mark was deliberately chosen to "piggyback" on the holiday rental giant's reputation.
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September 11, 2026
The Premier League lost its bid to unfreeze over £10 million ($13.5 million) in accounts when a London judge ruled Friday that they should remain frozen until January, finding grounds to suspect the money could be criminal proceeds.
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September 11, 2026
The government said a new requirement for watchdogs to consider U.K. competitiveness when they develop regulations will boost the economy by £1.6 billion ($2.2 billion) over the next decade.
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September 11, 2026
The widow and daughter of a Russian tycoon have failed to prevent a representative for his estate from pursuing Ukrainian matrimonial asset arguments in the English court, the latest development in their long-running $3 billion inheritance dispute.
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September 11, 2026
A former Goodwin Procter lawyer pleaded not guilty to insider trading at a London court on Friday over allegations that he traded securities while working on a deal to take a British maternity-wear company private.
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September 11, 2026
Five men fleeced investors out of £4 million ($5.4 million) in an "elaborate" scam involving water bottling projects that failed to produce a single drop of liquid, prosecutors said at the start of a trial on Friday.
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September 10, 2026
An administrator for a unit of Market Financial Solutions voluntarily left his post on Thursday after creditors of the collapsed mortgage lender raised concerns about a potential conflict of interest.
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September 10, 2026
A shareholder in Touchstone Exploration Inc. pleaded guilty Thursday to fraud and forgery charges after creating a fake takeover approach for the AIM-listed energy company to artificially boost its share price, the Financial Conduct Authority said.
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September 10, 2026
OpenAI has failed to stop an AI blockchain platform from registering the trademark "ChainGPT" after U.K. officials said consumers wouldn't confuse the sign with ChatGPT because the name itself was too descriptive.