The Financial Conduct Authority published rule changes for lenders on Monday that make it easier to discuss mortgages with clients and to reduce the repayment period or remortgage.
The Financial Conduct Authority published rule changes for lenders on Monday that make it easier to discuss mortgages with clients and to reduce the repayment period or remortgage.
A finance company urged the U.K.'s top court Monday to partly override a judgment that found it liable for botched property investments worth approximately £1.7 million ($2.3 million), arguing that its liability to investors should have been limited.
The government launched a once-in-a-generation review of retirement savings on Monday, but experts warned that the new Pension Commission is a missed opportunity to take a no-holds-barred approach to tackle the savings crisis.
A former Deutsche Bank trader convicted of tricking market competitors through a "spoofing" scheme has sued the bank in a London court, alleging it trained him to use an illegal trading strategy and then "scapegoated" him when he faced prosecution.
Two former directors of a telecom technology company are suing their successors for over £8 million ($10.7 million), alleging they were tricked into selling their shares at a fraction of their true value.
The trustees of family trusts accused a U.K. accounting firm of giving them negligent advice that led to unexpected inheritance taxes and penalties owed to HM Revenue & Customs, according to a claim filed in a London court.
The British Standards Institution on Monday unveiled what it called the world's first standard for companies independently auditing artificial intelligence systems amid concern over a potential "wild west" of unchecked providers.
The government said on Monday that it will restore the Tony Blair-era Pensions Commission to probe why future retirees are likely to be poorer than today's pensioners, amid growing fears that millions of Britons will not have saved enough money for later life.
Most investors are ready to invest in hard-to-sell assets including private equity through long-term asset funds after the government said they will be included in tax-free individual savings accounts from 2026, a trade body said Monday.
Britain's accounting watchdog has published a finalized set of actuarial rules for the retirement savings sector in light of recently introduced changes to pension funding and plans to use surplus money tied up in savings schemes.
Foreign exchange provider IFX Payments said Monday that it might end its interest in the acquisition of Argentex Group PLC after the troubled currency risk manager disclosed that it intends to appoint administrators.
Investment firm Petershill Partners PLC has sold its entire stake in private equity firm Harvest Partners for $561 million after seven years of collaboration, continuing its pattern of exiting investments in investment firms.
