Top Stories

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  BT, TalkTalk Ordered To Pause Merger Amid CMA Probe

  By Irene Madongo

  The Competition and Markets Authority said Wednesday it has temporarily blocked BT from combining its operations...(read more)

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  Barclays Traders Overturn Rate-Rigging Convictions

  By Christopher Crosby

  Five former Barclays traders succeeded on Wednesday in overturning their convictions for rigging benchmark inter...(read more)

• OnlyFans Facing Group Claim Over 'Exploitation' Of Creators

  By Jamie Lennox

  OnlyFans is facing a group claim in England over "exploitative" arrangements involving third-party managers who routinely deprive content creators of their earnings, the company leading the case said on Wednesday.

• VW Sets Aside £725M For UK Car Finance Redress Scheme

  By Tom Fish

  Volkswagen's U.K. motor finance arm has set aside £725 million ($958 million) to cover potential costs of a regulatory program to compensate customers affected by historical motor finance practices, according to accounts filed at Companies House.

• Reinsurers Say $4B Jets Row Seeks To 'Turn Lead Into Gold'

  By Sophia Dourou

  A group of reinsurers argued Wednesday that aircraft lessors are trying to "turn lead into gold" by seeking billions of dollars for planes stranded in Russia under reinsurance policies arranged by the airlines.

• Google Accused Of Restricting App Market At £1B Trial

  By Ronan Barnard

  Google faced a collective action claim alleging it abused its dominance in the Android app market and seeking over £1 billion in damages at the start of a London antitrust tribunal trial Tuesday.

• Private Capital Spurs London Real Estate Partner Hiring

  By Marialuisa Taddia

  Law firms are stepping up their recruitment of real estate partners in London as they seek to build private capital capabilities, even as recruiters say the underlying property market remains uneven and demand for construction laterals has shown little sign of similar growth.

• Libor Traders Seek To Void Convictions Over Judicial Errors

  By Christopher Crosby

  Six former City traders will seek to overturn their convictions in an appeal on Wednesday following a ruling by the U.K. Supreme Court ruling that exposed judicial errors in the Serious Fraud Office's prosecutions and cast doubt on the safety of their verdicts.

• Justices To Test Damages Threshold In Data Privacy Claims

  By Joanne Faulkner

  The U.K. Supreme Court will consider on Wednesday whether modest distress caused by a data breach can justify compensation, in a case lawyers say could reopen the door to mass data protection claims.

• Blasket Says Spain Can't Block €29M Arbitral Award Transfer

  By Sophia Dourou

  Blasket Renewable Investments LLC told an appeals court Tuesday it should be permitted to enforce a €29.3 million ($33 million) arbitral award against Spain, arguing the energy investors that won the award were entitled to transfer their enforcement rights.

• Italian PM Meloni Wants Voice TM Amid AI Deepfake Risk

  By Jamie Lennox

  Italian Prime Minister Giorgia Meloni has filed for a European Union trademark over her voice in a move potentially designed to combat the risk of artificial intelligence deepfakes.

• Pogust Is 'Shell' Of Former Self, Brazil Dam Claimants Say

  By Joanne Faulkner

  A committee that represents victims of Brazil's Mariana dam disaster told the High Court Tuesday that Pogust Goodhead is a "shell of its former self" as it defends the decision to replace the firm in a £36 billion ($47.7 billion) claim against BHP.

• SRA Takes Carter-Ruck Privilege Fight To Top UK Court

  By Marialuisa Taddia

  The Solicitors Regulation Authority said Tuesday that it plans to seek permission to appeal directly to the U.K. Supreme Court against a ruling which could significantly limit its ability to investigate alleged misconduct.

• MPs Call For Whistleblower-Handling Probe As AGM Hijacked

  By Adele Redmond

  A group of MPs called for an independent investigation on Tuesday into how the Financial Conduct Authority handles whistleblowers following the death of a former Wall Street broker, as the watchdog's annual general meeting was hijacked by complainants criticizing its approach.