Top Stories

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  Rolls-Royce Unveils £9B Buyback Package

  By Irene Madongo

  Rolls-Royce Holdings PLC said it plans to return between £7 billion and £9 billion ($9.5 to $12 billion) to inve...(read more)

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  Law Society Fights To Uphold Mazur Litigation Rights Ruling

  By William Janes

  The professional body for solicitors told an appeals court on Wednesday that the law governing lawyers' practice...(read more)

• EU, UK To Share Info On 'Significant' Antitrust Probes

  By Bryan Koenig

  British and European Union officials signed a new agreement Wednesday promising to notify each other of major merger and antitrust probes and coordinate their efforts "when necessary," in what they called the first dedicated competition cooperation agreement following the United Kingdom's withdrawal from the EU.

• FCA To Launch Review Of AI Use By Insurance Industry

  By Martin Croucher

  The U.K.'s financial services watchdog plans to launch an investigation into the benefits and risks of insurers using artificial intelligence in their businesses in the coming months.

• Harrods Staff Fight For £1 Charge To Be Treated As Tip

  By Adele Redmond

  Staff at Harrods began their battle on Wednesday for a £1-per-person levy that the department store charges diners in its restaurant to be paid to them as tips, in what their union claims is the first legal challenge under a law passed in 2023.

• Microsoft Stops Finnish Tech Biz Reviving UPC Claim

  By Jamie Lennox

  Appellate judges at the Unified Patent Court have refused to reopen a Finnish tech company's failed patent infringement claim against Microsoft, ruling that the court made no obvious error in throwing out the case.

• SFO To Claw Back 'Mere Fraction' From £226M Ponzi Fraud

  By Christopher Crosby

  A judge ordered a property developer convicted of running a £226 million ($305.5 million) Ponzi scheme to pay back just £283,000 on Wednesday after concluding that the vast majority of the investors' money was lost or siphoned off as a family "money pot." 

• Google Wins Second Shot To Trim £14B Ad Tech Class Action

  By William Janes

  Google won a second shot on Wednesday at trimming a £13.6 billion ($18.4 billion) U.K. class action on behalf of website and application publishers who alleged that the U.S. tech giant abused its dominance in the advertising market.

• Bolt Wins Bid To Challenge Drivers' Worker Classification

  By Lucia Osborne-Crowley

  The Employment Appeal Tribunal granted Bolt permission to challenge its drivers' worker status on Wednesday, allowing the ride-hailing company to argue that a lower tribunal made legal errors when it assessed their degree of independence.

• Hut Group Investor Can Revive Unfair-Prejudice Share Dispute

  By Lucia Osborne-Crowley

  A shareholder in the Hut Group won its bid to revive its litigation against the major British online retailer over an allotment of bonus shares on Wednesday as the U.K. Supreme Court rejected its arguments that the claim is time-barred.

• Mishcon Denies It Was Negligent In Administration Row

  By Ashish Sareen

  Mishcon de Reya LLP has denied acting negligently when it advised two former directors of a brand development business to place the holding company and its U.K. arm into administration.

• Paul Hastings' Revenue In London Surges To $272M

  By Ashish Sareen

  Paul Hastings LLP said Tuesday that its office in London has seen its revenue soar by a quarter to more than $270 million against the backdrop of high partner turnover.

• Lords Slam Labour's 'Regressive' Salary Sacrifice Reforms

  By Jamie Lennox

  Conservative peers told the government on Tuesday that its planned £2,000 ($2,700) cap on salary sacrifice pension saving arrangements will unfairly harm lower-earning workers.

• Bouygues Sues Over £15B School Construction Contract Loss

  By Eddie Beaver

  A U.K. subsidiary of Bouygues has alleged that the Department for Education ran a flawed procurement process for an estimated £15.4 billion ($20.8 billion) construction project and wrongly excluded the engineering company from the scheme.