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.
A ruling by Britain's highest court that allows insurers to cut payouts for claims based on COVID-19 furlough payments could affect how other types of government financial support will work in the future, lawyers say.
An approaching deadline for new claims for COVID-19 business interruption has prompted a series of last-minute court filings, but lawyers say that any fresh disputes will be narrow and likely to focus on complex questions not resolved by earlier test cases.
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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.
A ruling by Britain's highest court that allows insurers to cut payouts for claims based on COVID-19 furlough payments could affect how other types of government financial support will work in the future, lawyers say.
An approaching deadline for new claims for COVID-19 business interruption has prompted a series of last-minute court filings, but lawyers say that any fresh disputes will be narrow and likely to focus on complex questions not resolved by earlier test cases.
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June 01, 2026
A private investment company has sued an insurance company for more than £40 million ($53.8 million), alleging that it is entitled to payouts under thousands of after-the-event insurance policies linked to unsuccessful cavity wall insulation claims.
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June 01, 2026
South Korean insurer DB Insurance has completed the $1.65 billion cash acquisition of U.S. insurance company the Fortegra Group from Tiptree Inc. and private equity firm Warburg Pincus LLC after receiving all the required approvals from regulators and shareholders.
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June 01, 2026
Regulation may be the biggest factor holding back greater use of agentic artificial intelligence at financial technology companies such as digital-only banks, according to a report on the global financial technology sector published Monday.
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June 01, 2026
An insurance company has accused Clarion Housing Association Ltd. of claiming payouts of more than £2.9 million ($3.9 million) under bonds that the insurer said it issued because of false misrepresentations.
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June 01, 2026
The number of claims management companies has plummeted by almost a half in the seven years since the Financial Conduct Authority took over supervision of the sector, official figures revealed Monday.
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June 01, 2026
A unit of insurance broker Howden Group has bought Dublin-based financial adviser Opes Private Clients Ltd.
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June 01, 2026
The number of fires involving electronic cigarettes and their chargers or batteries continues to rise, even though the U.K. government banned the sale of disposable products a year ago, Zurich said Monday.
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June 01, 2026
Almost three million workers are expected to cut back on pension contributions because of the government's plan to cap tax-free salary-sacrifice arrangements, official figures revealed on Monday.
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May 29, 2026
The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against three subsidiaries of dissolved private equity giant Abraaj Group for commercial fraud; and the property and investment vehicle of the State of Kuwait be targeted by four real estate figures who filed a miscellaneous claim. Here, Law360 looks at these and other new claims in the U.K.
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May 29, 2026
Weil Gotshal & Manges LLP was recently hacked and had a "limited number" of client documents uploaded to an external cloud storage site, Law360 Pulse confirmed Friday.
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May 29, 2026
The rapid adoption of artificial intelligence across the U.K.'s financial services is creating a new set of systemic risks that regulators and companies struggle to contain, two professional bodies have warned in a new report.
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May 29, 2026
Insurance Europe has called for more harmonized regulation between European Union member states to persuade insurers to invest more money in risky venture capital, which would help make capital markets more competitive.
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May 29, 2026
Insurers paid out $105 million in 2025 on claims linked to corporate mergers and acquisitions, a broker has revealed, marking a steep rise from previous years.
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May 29, 2026
The conflict in the Middle East has put multiple insurance lines under pressure, a broker has warned, with an estimated $3 billion of losses so far.
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May 29, 2026
The Church of Scotland has completed a £220 million ($296 million) pension buy-in transaction with Just Group PLC, securing the retirement benefits of around 3,500 members, the financial services company said Friday.
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May 29, 2026
A driver and her insurer have hit back against a £493,000 ($661,000) claim brought by a machinery business, disputing that the company suffered a loss of profits when the driver crashed her car onto its premises.
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May 28, 2026
The U.K.'s insurance standards body has launched a probe into the use of "black box" recorders in cars after a coroner called on the industry to bolster safety standards for younger drivers.
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May 28, 2026
U.K. employer contribution rates for the public sector retirement savings plan have dropped by around 22%, amid an improvement in financing levels, an industry body has said.
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May 28, 2026
Almost two-fifths of those aged between 18 and 29 in Britain do not believe that protection insurance is necessary for people aged 35 and under, research from a health insurance company shows.
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May 28, 2026
Half of the U.K.'s largest pension funds with assets of more than £1 billion are considering running on rather than striking an insurance deal, a broker said on Thursday.
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May 28, 2026
The growing threat posed by cybercriminals must be met with urgency by Britain's pension plans to ensure the sector is resilient and alive to wide-ranging legal and financial risks, the Pensions Management Institute said Thursday.
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May 27, 2026
The total value of pension surpluses released under new reforms could be much lower than the £160 billion ($215 billion) figure originally touted by the government, a think tank said Wednesday.
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May 27, 2026
The Financial Conduct Authority warned Wednesday that some companies are failing in their responsibilities by approving adverts that are released by non-FCA regulated businesses.
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May 27, 2026
The Insurance Fraud Bureau said on Wednesday that the east London borough of Barking and Dagenham has the highest level of fraudulent motor insurance claims in England, amid a continued year-on-year rise in scams in the U.K.
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May 27, 2026
Insurance giant Royal London said Wednesday that it has picked up £42 million ($56.5 million) in pension liabilities from jeweler F.Hinds, in a deal advised by Addleshaw Goddard LLP and Mayer Brown LLP.