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      FCA slashes banks’ motor finance payouts as redress scheme finalised

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Competition Appeal Tribunal (CAT)

  • Merricks v Mastercard: Low funder payout risks future UK class action

    Opinion

    Litigation funders take on great risk in class action cases. The CAT's intervention on the payout in Merricks v Mastercard will ultimately cost consumers.

    Mastercard subsidiary Vocalink has been fined by the Bank of England.
  • Indian billionaire mulls expanding BT stake

    Business

    Indian telecoms billionaire Sunil Bharti Mittal is reportedly considering boosting his stake in BT, according to a report in the Financial Times.  Mittal already holds a 24.5 per cent stake in BT, which he bought from Luxembourg-based telecoms giant Altice – previously owned by Patrick Drahi.  The expanded stake would continue to be held through [...]

    Mittal already holds a 24.5 per cent stake in BT. (Photo by Henry Nicholls - WPA Pool/Getty Images)
  • Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech

    Legal

    Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?

    The decision to elevate cyberflashing within the Online Safety Act reflects growing pressure on both government and industry to address online sexual offences.
  • Thames among British water and sewerage firms slapped with new class action

    January 14, 2025

    Water companies, including Thames Water, are set to be hit with a new class action after law firm RPC issued a formal letter notifying of the legal proceedings

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  • FTSE 100 Live: Dollar dips amid Trump oil threats; motor finance decision expected

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