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By Christopher Crosby
The Serious Fraud Office has ruled out prosecuting any individuals after resolving its long-running bribery probe into defense contractor Ultra Electronics, according to court documents published on Wednesday.
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By Najiyya Budaly
Pharmaceutical giant Bayer AG said Wednesday that it will buy Perfuse Therapeutics, a U.S. biopharma company, fo...(read more)
By Sophia Dourou
A Tesco executive has denied that the supermarket chain abandoned plans to evaluate the roles of its staff to st...(read more)
By Alex Davidson
The Financial Conduct Authority said Wednesday that it is launching a review of the claims management market, following concerns that some companies and law firms are failing consumers.
By Josh White
An English soccer referee body won its decadelong dispute with the U.K.'s tax authority after a London tribunal ruled that referees' match-day engagements were contracts for services rather than employment, meaning the group isn't liable for the referees' taxes.
By Max Austin
Margate Dreamland's operator has sued Cripps LLP for £3.4 million ($4.6 million), alleging the law firm misread a key part of its catering deal that left it unable to exit the agreement after Live Nation bought the popular seaside venue.
By Eddie Beaver
HSBC Holdings PLC said Tuesday that its expected credit losses for the first quarter of 2026 were $400 million higher compared to a year ago, driven by a fraud-related exposure tied to a U.K. financial sponsor in its corporate and institutional banking division.
By William Janes
The Financial Conduct Authority told a tribunal on Tuesday that banned hedge fund manager Crispin Odey created a "false reality" that he was the victim amid disciplinary proceedings linked to allegations of sexual misconduct against staff.
Anthropic has launched a global services company with Blackstone, Goldman Sachs and Hellman & Friedman to help banks and other businesses, including in the U.K., invest in an artificial intelligence technology that Anthropic says has identified widespread cyber vulnerabilities.
By Jamie Lennox
Justice Colin Birss said Tuesday that he is improving his judgments by using artificial intelligence to check for clarity and consistency — but he hinted that having the tech write rulings from scratch would be a step too far.
By Tom Fish
Private equity group EQT said Tuesday it has raised its takeover bid for testing and inspection company Intertek to £58 ($78) per share in cash, intensifying pressure on the British company ahead of a looming regulatory deadline.
Vodafone Group PLC will buy out CK Hutchison Holdings Ltd. for £4.3 billion ($5.8 billion) to become the sole owner of their £13.85 billion VodafoneThree U.K. telecoms joint venture, the companies said Monday.
By Joanne Faulkner
Mercuria is suing the Baltic Exchange in London over losses it said are linked to an allegedly distorted key shipping benchmark that failed to reflect the effective closure of the Strait of Hormuz, marking the first major litigation in the U.K. to arise from the U.S.-Israeli war with Iran.
The Court of Appeal's recent decision that the Solicitors Regulation Authority must prove that Dentons' breach of money laundering legislation was "sufficiently serious" could complicate the watchdog's job of enforcing its rules, experts say.
Legal challenges to the Financial Conduct Authority's motor finance redress scheme fired off this week to the Upper Tribunal will lead to long delays, with some legal experts already doubting whether the cases can be argued successfully.