Candey Ltd. and a former partner breached money laundering regulations by not adequately checking the source of nearly £24 million ($30 million) of client funds earmarked for a property purchase, the Solicitors Regulation Authority told a tribunal Monday.

British miner Anglo American PLC said Monday that it has rejected a revised £34 billion ($42.7 billion) takeover bid by Australian heavyweight rival BHP Group Ltd., saying that the increased offer "significantly undervalues" the company.

Royal Mail has beaten a rival's claim for £2.8 million ($3.5 million) in legal costs that arose when it helped the communications watchdog uphold a £50 million fine against the postal delivery service.

Kanye West's record label settled a royalty spat with King Crimson on Monday after the progressive rock band sued in London, claiming that it had been underpaid for a sample used by the U.S. rapper in his 2010 hit "Power."

The U.K.'s Competition Appeal Tribunal has agreed to passenger rail operator Stagecoach's £25 million ($31 million) settlement with passengers who say they were overcharged for train tickets.

Ireland's decision to delay a constitutional referendum to officially join Europe's unitary patent system amid concerns about lack of public engagement could leave Dublin without a hand in shaping the burgeoning court if it doesn't reschedule the vote soon, patent lawyers warn.

A decision by the antitrust tribunal to certify a £790 million ($990 million) mass claim against major European power cable suppliers came with the caveat that it intends to take a tougher approach toward claimant lawyers' plans for getting awards into the pockets of consumers.

A London judge gave a former manager at a plastics company an 18-month suspended prison sentence on Friday for insider dealing in connection with the £261 million ($327 million) purchase of a rival company.

A business director was sentenced to 18 months in prison on Friday for providing a forged document to investigators in a fruitless attempt to prop up the defense of self-styled investment brokers now convicted of a £1.2 million ($1.5 million) boiler room fraud.

A former leading aide to the president of Madagascar and her French associate were sentenced on Friday to a total of more than five-and-a-half years in prison for soliciting bribes to secure mining rights in the southeast African country for a U.K. gem company.