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.
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.
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.
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.
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.
The Financial Conduct Authority said Wednesday in its latest enforcement watch newsletter that it is conducting 11 investigations into potential breaches of the Consumer Duty.
The audit watchdog said Wednesday that the use of artificial intelligence tools in corporate reporting is still cautious and uneven across the market, despite many businesses considering adopting the technology over the coming year.
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.
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.
