Top Stories

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  Gov't Scraps Long-Awaited UK Audit Sector Reforms

  By Joel Poultney

  The government said on Tuesday that it would not push ahead with long-awaited audit and governance reforms desig...(read more)

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  'Mortgage Prisoners' Fight To Revive Core Of £800M TSB Case

  By William Janes

  Hundreds of former customers of Northern Rock suing TSB for £800 million ($1.1 billion) challenged on Tuesday a ...(read more)

• Letby Avoids Further Criminal Charges Over Baby Deaths

  By Hanna Vioque

  British prosecutors said Tuesday that they would not be charging Lucy Letby with the murder and attempted murder of nine more infants because there was not enough evidence to pursue the case, as the former nurse serves out her whole-life prison sentence. 

• Brazil Dam Contempt Case Has No Legal Authority, BHP Says

  By Joanne Faulkner

  BHP urged the Court of Appeal Tuesday to grant it permission to appeal against an order allowing Brazilian municipalities bringing litigation over the collapse of a dam to continue criminal contempt proceedings because it raises issues of "general public importance."

• UK Regulators Sideline Probes Into Open Banking Fees

  By Alex Davidson

  U.K. finance watchdogs said Tuesday they will not prioritize competition law investigations into future bank fees on varying regular bill payments, opting to avoid uncertainty in open banking operations.

• Paddington Bear Owner Denies Claim For Digital Royalties

  By Eddie Beaver

  The owner of the rights to Paddington Bear told a London court Tuesday that its modern royalty distribution deal formalized a gentlemen's agreement struck by the bear's creator in the 1970s and doesn't entitle another company to claim income from online merchandising.

• A&O Shearman Steers GSK's $2.2B Rapt Therapeutics Deal

  By Tom Fish

  GSK PLC said Tuesday it has agreed to acquire U.S.-based Rapt Therapeutics Inc. in a deal valued at $2.2 billion, in a bid to strengthen the British drugmaker's portfolio of respiratory, immunology and inflammation medicines.

• Osborne Clarke Pro Overturns SDT's Zahawi SLAPP Ruling

  By Sophia Dourou

  An Osborne Clarke partner has overturned a disciplinary tribunal's finding of misconduct over his attempts to prevent a blogger from disclosing a defamation threat by former chancellor Nadhim Zahawi, as a London court found on Tuesday the decision lacked sufficient reasons and was "unfair."

• UK Unveils Major Revamp Of Merger Reviews To Spur Growth

  By Najiyya Budaly

  The government has proposed a radical shake-up of the Competition and Markets Authority's merger review process to promote competitiveness, including measures to ditch independent decision-making panels, limit jurisdiction over deals and allow companies more time to find fixes for antitrust concerns.

• Lax AI Policy In UK Finance Sector Risks Harm, MPs Warn

  By Najiyya Budaly

  The absence of clear guidance from the government and regulators on the use of artificial intelligence by finance companies could cause "serious harm" to consumers and the financial system, lawmakers warned on Tuesday as they set out the steps needed to erect guardrails.

• Samsung Says ZTE Hopes To Hike Patent Value In 5G Case

  By Alex Baldwin

  Samsung kicked off London court proceedings in a global patent spat with ZTE on Monday, claiming that the Chinese tech giant is overestimating the value of its 5G patent portfolio.

• Slaughter And May Guides Zurich's £7.7B Bid For Beazley

  By Najiyya Budaly

  Swiss insurance giant Zurich said Monday that it has made a £7.7 billion ($10 billion) proposed offer for London-listed Beazley PLC after the British rival rejected a lower offer earlier in January.

• Celebs Accuse Daily Mail Of 'Systematic' Privacy Intrusions

  By Ronan Barnard

  Prince Harry, Elton John and other public figures accused the publisher of the Daily Mail of having a "culture of unlawful information-gathering" at the start of the High Court trial over their blockbuster privacy claim on Monday.

• BHP To Pay £43M Over Mariana Dam Case As It Seeks Appeal

  By Eddie Beaver

  BHP will have to pay £43 million ($58 million) of costs on account after it was found liable for the deadly collapse of a Brazilian dam, a London court ruled Monday as it rejected the mining giant's request to appeal against the decision.