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The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.
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Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
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.
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The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
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.
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July 13, 2026
The solicitors' regulator accused an associate at Ashurst LLP of making dishonest statements in support of an insurance claim for a stolen bicycle at a London disciplinary tribunal Monday.
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July 13, 2026
British insurers urged the government's retirement savings inquiry on Monday to produce a clear road map to lift automatic enrollment pension contributions from 8% to 12% by the end of the 2030s, warning that millions of savers are unprepared for retirement.
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July 13, 2026
The Pension Protection Fund has said it has begun to prepare a package worth £1.4 billion ($1.8 billion) for older retirees who were denied years of inflation-linked increases in benefits.
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July 13, 2026
The U.K. pension plan of global engineering consultancy Stantec has completed a full insurance buy-in, securing the retirement benefits of all 680 members, a financial adviser said on Monday.
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July 13, 2026
Members of the U.K.'s largest pension plans will be able to access the first value-for-money reports in two years' time, the government said Monday, as part of what it described as the biggest shake-up of the sector in a generation.
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July 13, 2026
Two marine insurers in merger talks said Monday that 89% of shareholders in Thomas Miller Holdings have accepted their joint takeover offer, with the acquisition of the holding company expected to close in the fourth quarter of 2026.
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July 10, 2026
Housebuilder Willmott Dixon has hit back at a housing association's attempt to pass on liability for a £113 million ($152 million) claim over allegedly uninhabitable housing, telling a London court that it is not responsible for the remediation bill.
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July 10, 2026
The past week in London has seen lawyer Ian Rosenblatt launch legal action against music mogul Simon Cowell, Boohoo face a fresh investor claim after previously facing allegations that it feigned ignorance of labor abuses in its supply chain, and an ex-Tory MP and his chief of staff sued by their former employer. Here, Law360 looks at these and other new claims in the U.K.
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July 10, 2026
The government said Friday it will bring cloud computing giants under direct financial regulatory oversight as it seeks to strengthen the resilience of the country's financial system and reduce the risk that widespread service disruption could affect banks, insurers and consumers.
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July 10, 2026
The Financial Conduct Authority said Friday that it has found failings in how financial services businesses designed, monitored or distributed products under its consumer duty requirement.
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July 09, 2026
The European Union's top court ruled Thursday against an Austrian law that provided a value-added tax exemption for certain transactions in the banking and insurance sectors, holding that the tax break functioned as illegal state aid under EU law.
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July 09, 2026
Compensation payments for people who were wrongly advised to transfer out of valuable final-salary pensions are expected to drop to a record low from July to October, an actuarial consultancy has said.
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July 09, 2026
The City regulator said in its latest annual report on Thursday that it led an international crackdown on illegal financial promotions over the past year, making three arrests, requesting 650 social media takedowns and intensifying its fight against financial crime.
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July 09, 2026
The administrators of SSB Law have sued the collapsed firm's insurer for £19.5 million ($26 million), seeking to recover premiums the firm paid for insurance that covered its clients' cavity wall insulation claims.
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July 09, 2026
Outsourcing giant Capita warned Thursday that problems administering the U.K. Civil Service Pension Scheme will cut its 2026 profit by up to £40 million ($54 million) and delay its return to surplus cash generation.
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July 09, 2026
Britain's accounting watchdog said Thursday that 191 organizations meet the conditions to be signed up to its revised UK Stewardship Code, announcing that 290 businesses are now signatories to the framework.
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July 09, 2026
Workplace pension scheme Nest plans to invest up to £1 billion ($1.3 billion) in growing private companies via a dedicated venture capital portfolio managed by Schroders Capital, to boost long-term returns and increase backing for British startups.
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July 09, 2026
Around 85% of personal, workplace and state pension records are now connected to the retirement savings dashboard system, the government has said, highlighting that the delayed program is on track to meet its Oct. 31 deadline.
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July 09, 2026
Economic uncertainty and a shortage of willing sellers have driven merger and acquisition activity in the U.K. insurance distribution sector to its weakest first-half level in nearly a decade, according to a consultancy.
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July 08, 2026
A California federal judge has declined to reopen an asbestos suit by an insurance exchange for the trucking industry against a group of reinsurers as the parties battle whether to remove a supposedly "side-switching" arbitrator, saying the arbitration is proceeding in New York.
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July 08, 2026
British American Tobacco PLC faces a second group claim in London this year after more than 100 shareholders alleged it had failed to disclose information about its North Korean activities, which ultimately led to the company paying hundreds of millions in penalties.
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July 08, 2026
Insurance giant Aviva said Wednesday it has launched a new Lloyd's of London consortium with Axis to support renewable energy projects, in what the companies called the first agreement between specialist insurers to focus on onshore clean energy.
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July 08, 2026
The government said Wednesday it will pursue service provider Capita for reimbursement on a taxpayer-funded fix for the ongoing Civil Service Pensions Scheme debacle.
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July 08, 2026
The U.K. government must reform workplace pensions as the current system still cannot provide adequate retirement incomes for many workers, a trade body warned on Wednesday.
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July 08, 2026
Insurance giant Aviva said Wednesday it has successfully completed its £350 million ($468 million) stock repurchase plan, which is expected to lower the company's share capital.