Top Stories

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  Gov't Reforms Needed To Unlock FCA's Targeted Support Plan

  By Alex Davidson

  The financial watchdog's planned "targeted support" program for consumers requires government legislation or gui...(read more)

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  Partners Group Leads €6.7B Buyout Of Germany's Techem

  By Najiyya Budaly

  Swiss private equity company Partners Group said Monday that its infrastructure business will lead a consortium ...(read more)

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• DCC To Sell £100M Tech Biz To Eversheds-Led PE Firm

  By Dawood Fakhir

  Irish conglomerate DCC PLC said Monday that it has agreed to sell Exertis, its technology distribution business in Britain and Ireland, to private equity firm Aurelius for approximately £100 million ($135 million) in a deal guided by Eversheds Sutherland.

• Supermarket Investor Buys Tesco Store For £54.1M

  By Dawood Fakhir

  Supermarket Income REIT PLC said Monday that it has acquired a Tesco supermarket in southeastern England for £54.1 million ($73 million) in its first transaction since it formed a strategic joint venture with U.S. asset management firm Blue Owl.

• HSBC Becomes Latest Bank To Quit Net Zero Finance Group

  By Alex Davidson

  HSBC has become the latest bank to quit a global banking coalition focused on mitigating climate change in alignment with the Paris Agreement, following multiple recent departures by lenders.

• Crédit Agricole Seeks ECB Approval To Buy 20% BPM Stake

  By Najiyya Budaly

  French lender Crédit Agricole said Monday that it is seeking approval from the European Central Bank to increase its stake in Italian rival Banco BPM to more than 20%.

• Moderna Fights Pfizer's 'Impossible' MRNA Patent Attack

  By Alex Baldwin

  Moderna on Friday lambasted Pfizer and BioNTech's argument that a patent claim underpinning its mRNA technology was obvious, arguing that its rivals were asking an appeal court to undertake an essentially "impossible" task of upending the entirety of a lower court's reasoning on the matter.

• UK Trials Sick Note Reform To Boost Workforce Participation

  By Tabitha Burbidge

  The government announced a new pilot program on Friday aimed at overhauling the way workers are signed off sick as part of wider efforts to support people with health conditions back into work.

• Ex-Insurance CEO's Wife Can't Ax £15M Asset Freeze

  By Eddie Beaver

  A London appeals court upheld a £15 million ($20.3 million) asset freeze on Friday against the wife of a former insurance company executive who is accused of cashing in on money her husband siphoned off from the business.

• UK Watchdog Investigating Deloitte, Azets Over Stenn Audits

  By Alex Davidson

  The U.K. accounting watchdog said Thursday it has started investigations into accounting firms Azets Audit Services Ltd. and Deloitte LLP over their audit of U.K. invoice financing firm Stenn Assets, which collapsed in 2024 after a lender found suspicious transactions.

• Bird & Bird's Revenues Hit £580M As Tech Growth Continues

  By Ashish Sareen

  Bird & Bird LLP said Thursday that it has continued to grow despite facing challenging economic conditions as its revenue increased to approximately £580 million ($787 million) and profits rose in its latest financial results — though partner profits were flat.

• Ship Buyers Fight $5M Deposit Debt Ruling At UK Top Court

  By William Janes

  Buyers in a collapsed tanker deal fought on Wednesday to escape an almost $5 million debt for failing to facilitate a deposit payment, telling Britain's top court that the correct remedy is damages, and they should pay nothing because there was no loss.

• Mastercard Unit Fined £12M Over Compliance Failures

  By Martin Croucher

  The Bank of England said Wednesday that it has slapped an £11.9 million ($16.2 million) fine on Mastercard's U.K. payment systems operator Vocalink, in what the central bank called a first for a financial infrastructure company.

• Post Office Blamed For Adversarial Stance To Scandal Claims

  By Eddie Beaver

  The Post Office and its advisers adopted an "unnecessarily adversarial attitude" to those seeking financial redress for the Horizon IT scandal, according to the first findings published Tuesday by the public inquiry into what has been labeled the worst miscarriage of justice in U.K. modern history.