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      Threats to financial system ‘on steroids’ after AI boom, FCA chief warns

      Nikhil Rathi, chief executive of the FCA.

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High Court

  • Uber beats London cabbies in £340m court battle

    Tech

    Uber has defeated a £340m legal claim brought by 13,000 London black cab drivers after the High Court ruled they had waited too long to sue the ride-hailing giant. The ruling, handed down on Monday, throws out two linked lawsuits brought by thousands of cabbies and two former private hire operators, Kabbee and Iride, over [...]

    Shares in Uber tumbled more than five per cent in pre-market trading as earnings missed analyst expectations.
  • Lloyd’s underwriters seek to halt £45m legal cover for Petrofac bribery defendants

    Insurance

    A group of Lloyd’s syndicates have sought to block £45m in defence funding for two former Petrofac executives facing a criminal bribery trial. The group of syndicates provided directors’ and officers’ (D&O) insurance coverage to Petrofac’s former chief operating officer, Marwan Chedid, and former chief operations officer George Salibi. Chedid and Salibi rely on Petrofac’s [...]

    Beazley underwrites insurance at Lloyd's of London
  • American Airlines sues London travel consortium

    Lawsuit

    Aviation titan American Airlines and one of its special purpose vehicles have filed a lawsuit against a group of British travel agents at the London High Court. The US airline and its subsidiary, AAdvantage Loyalty IP, filed a claim against against Advantage Travel Centres on Tuesday, according to filings in the High Court’s Intellectual Property [...]

    American Airlines passenger jet, a Boeing 787, in flight against a blue sky with clouds, landing gear down.
  • Meta challenges Ofcom in court for ‘acting irrationally’ in fine and fee pricing

    October 13, 2026

    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

    October 8, 2026

    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 [...]

  • Meta court battle will not delay Instagram probe, Ofcom says

    October 6, 2026

    Meta’s legal challenge against Ofcom has not delayed the regulator’s separate investigation into Instagram, Ofcom has told City AM. The watchdog said the ongoing English High Court proceedings had “not impacted the timing” of its decision to investigate whether Meta broke UK online safety rules when it launched Instagram Instants. The comments come as Meta, [...]

  • 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 [...]

  • Claimant law firms seek appeal in Diesel emissions legal battle

    September 28, 2026

    A group of car manufacturing giants may be forced back to the High Court to defend allegations that they installed devices to curb diesel emissions tests. In the case nicknamed ‘Dieselgate’, the High Court handed down a judgment in July ruling in favour of the carmakers, but claimants, over a million motorists, a law firm [...]

  • 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 [...]

  • 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 [...]

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