Top Stories

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  COVID-19 Jab Injury Claimants Seek Compensation Reforms

  By William Janes

  A group of claimants suing AstraZeneca over death and injury allegedly caused by side effects of a COVID-19 vacc...(read more)

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  UK Extends Deadlines For Unions' Workplace Access Right

  By Adele Redmond

  The government has said that it would give employers more time to negotiate with trade unions seeking to establi...(read more)

• Slovenian Bank Makes Rival €566M Bid For Austria's Addiko

  By Najiyya Budaly

  Slovenian lender NLB Group has begun a bidding war for Addiko, an Austrian banking group, after proposing a €566 million ($663 million) takeover bid a day after a rival €449 million approach from Austria's Raiffeisen Bank.

• PwC Faces Probe Over Audit Of Troubled Investment Firm

  By Eddie Beaver

  The accounting watchdog said Thursday that it has opened an investigation into PwC's audit of the 2023 consolidated financial statements of investment company Digital 9 Infrastructure.

• FCA Finds Customer ID Gaps At Banks, Asset Managers

  By Alex Davidson

  The Financial Conduct Authority has found in a review that banks, asset managers and other financial institutions are failing to make proper background checks on customers to prevent crime.

• DWF-Led Builder Strabag To Buy Engineer Van Elle For £59M

  By Tom Fish

  The U.K. subsidiary of European construction group Strabag SE has agreed to acquire Van Elle in a cash transaction that values the ground engineering specialist at £58.8 million ($78.8 million), the companies said on Thursday.

• Dyson Can't Stretch UPC Hair Curler Sales Ban To UK

  By Jamie Lennox

  The Unified Patent Court has refused to halt a retailer's U.K. sales of hair-curling products that possibly infringe Dyson's patent, ruling that the English company's ties to Northern Ireland do not justify an injunction outside the unitary system.

• BDO Denies Negligence Caused Collapse In £80M Audit Fight

  By Ronan Barnard

  BDO has rejected an £80 million ($107 million) claim for negligence from a collapsed construction company which alleged that it had bungled an audit, saying the business would still have failed even if £43 million in losses had been uncovered earlier.

• ENRC Battles SFO Investigator Over £1.8M Legal Costs

  By Joanne Faulkner

  A London judge ordered Serious Fraud Office investigator Antony Puddick on Wednesday to disclose details of his solicitors' retainer agreement in a £1.8 million ($2.4 million) costs dispute with Eurasian Natural Resources Corp. following the end of their legal fight. 

• Libyan Wealth Fund's UK Arm Must Pay Ex-Manager £498K

  By Jamie Lennox

  A tribunal has told a U.K. subsidiary of Libya's sovereign wealth fund to pay a former manager £497,500 ($670,000) after it short-changed his holiday entitlement for decades and unfairly sacked him out of the blue.

• Mayer Brown Guides Acceler8 In £600M Investment Co. Buy

  By Dawood Fakhir

  Acquisition company Acceler8 Ventures said Wednesday that it has agreed to buy British investment company Intuitive Investments Group PLC for approximately £600 million ($807 million) in a reverse takeover transaction.

• Warehouse Co. Sues Israeli Biz Over Oct. 7 Attack Disruption

  By William Janes

  A warehouse technology company has sued an Israeli logistics business for almost €1.6 million ($1.85 million), alleging that the Middle Eastern company delayed the installation of machinery and failed to mitigate disruption caused by the Oct. 7 Hamas attack.

• Iran War Could Revive 'Grip Of Peril' Insurance Rule

  By Martin Croucher

  Insurers are likely to run again into the thorny question of whether aircraft grounded amid airport closures in the Middle East are already within the "grip of the peril" if leasing companies make claims for damages on canceled policies, lawyers said.

• Fair Work Agency Can Issue Fines For Unpaid Tribunal Awards

  By Adele Redmond

  The new Fair Work Agency will be able to fine employers 50% of the value of unpaid awards from the employment tribunal, according to official documents published as the regulator was launched Tuesday.