FCA revokes ban on Libor traders after court overturns rate-rigging convictions Banking The financial watchdog has revoked bans it had placed on four City traders convicted of rigging Libor and Euribor interest rates after the Court of Appeal overturned their convictions. The Financial Conduct Authority (FCA) said on Friday it “has reviewed its regulatory action against individuals whose convictions have recently been overturned by the Court of [...]
Meta challenges Ofcom in court for ‘acting irrationally’ in fine and fee pricing Legal Meta has challenged the UK regulator in court over how it calculates fees and fines under the UK’s online safety law, as it argued the methods are disproportionate and unlawful. The tech giant has questioned the media regulator, Ofcom, over its definition of ‘qualifying worldwide revenue’, which it uses to calculate financial penalties and fees [...]
Businesses could face flood of ‘trivial’ compensation claims over GDPR worries Legal Businesses could face a “raft” of “trivial” data protection claims if the Supreme Court rules compensation can be won for emotional distress or anxiety caused by data breaches without needing to prove any harm actually occurred, in a hearing set to conclude on Thursday. The case was originally brought by 432 current and former police [...]
Winkworth launches board review as family feud rocks London estate agent September 30, 2026 London estate agent Winkworth has launched an independent review of its board as it battles to contain the fallout of a boardroom family feud involving the firm’s its chief executive and his father, the chair. The AIM-listed firm, which is one of the UK’s oldest estate agents and specialises in properties in the City in [...]
South West Water hit with £7.8m fine for ‘horrendous’ pollution offences September 29, 2026 The Environment Agency has fined South West Water £7.8m over a string of pollution-related offences across Devon and Cornwall. The water company pleaded guilty to 24 environmental charges after the Environment Agency investigated incidents that took place between January 2015 and July 2021 in Bodmin, Harlyn, Polperro, Plymouth, and Playing Place. Of the charges, 17 [...]
Court fast-tracks Victoria’s Secret PINK brand clash with London shirtmaker September 25, 2026 Lingerie giant Victoria’s Secret has secured a fast-tracked trial in the High Court in London in October to determine whether a London-based shirtmaker breached a legal contract with the lingerie seller over its ‘PINK’ trademark. The case stems from a High Court settlement between the two retail firms in 2015, in which the court ruled [...]
London rakes in record fees from overseas demand for legal services September 22, 2026 London is leading the charge of the British legal sector’s overseas exports which surged by 60 per cent over the past five years, hitting a record of almost £11bn, new data has revealed. According to data from the Law Society, the professional body for 178,000 practising solicitors in England and Wales, London “remains an international [...]
Fast fashion copyright battle continues as Shein granted appeal against Temu September 21, 2026 Fast fashion retailer Shein has been granted permission to appeal against rival Temu in a first-of-its-kind copyright battle in the UK. A judge confirmed in a hearing on Monday that Shein can challenge a judgement handed down last month in the Court of Appeal. The judge said there were “compelling reasons” for the court to [...]
Clio hires legal tech veteran to overhaul backlogged courts August 25, 2026 Legal tech firm Clio has appointed Casetext’s co-founder to lead an initiative integrating AI directly into the court system. Clio, which currently offers its tech to lawyers and law firms, will create a “dedicated product line” of legal AI software “designed around the distinct needs of courts and judges”. Lawyer Pablo Arredondo was appointed to [...]
Watchdog takes aim at lawyers blaming juniors for AI blunders August 17, 2026 The legal watchdog has called out lawyers responsible for supervising junior staff when false AI-generated citations are put forward to the courts, as senior lawyers “remain accountable” for juniors. The Solicitors Regulation Authority, the legal regulator for over 200,000 English and Welsh solicitors, said in a warning notice issued on Monday that those in charge [...]