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      Stop burying us in swollen corporate reports, says audit watchdog boss

      Richard Moriarty, FRC unveils new stewardship code reducing reporting burdens

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      Why the Loire Valley is about so much more than fairytale castles

      Château de Villandry in the Loire Valley, France, with its famous ornamental gardens and pink roses in bloom.

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Supreme Court

  • Luton Airport expansion set for take-off after environmental challenge dismissed

    Transport & Infrastructure

    London Luton Airport’s growth plan has received judicial approval after a campaign group’s legal challenge was rejected by the UK’s top court. The Supreme Court has given the plans the green light after dismissing a challenge from Luton and District Association for the Control of Aircraft Noise (LADACAN), which had argued the decision was unlawful [...]

    Luton Airport aerial view with planes, runways, and terminal buildings, highlighting busy travel hub operations
  • ‘I thought this would be drama-free’: Games Workshop pockets tariff reprieve

    Retail

    Games Workshop pocketed a £7.8 refund from the US administration after the Supreme Court rules Donald Trump’s ‘liberation day’ tariffs to be illegal, the company has said in another positive trading update. The Warhammer maker told investors it had initially paid US customs £12m to continue trading across the Atlantic, a considerable hit to the [...]

    Games Workshop joined the FTSE 100 at the end of last year.
  • Triumph for Tesla as top court rules 5G licensing case should be heard in UK

    Lawsuit

    The UK’s highest court has given the green light for Tesla to revive a lawsuit over 5G licensing in its electric cars, after the case was previously dismissed by a panel of judges three years ago. Elon Musk’s carmaker, one of the largest global manufacturers of electric vehicles, sued Avanci, a Texan company that supplies [...]

    Tech billionaire Elon Musk has been asked to serve in Donald Trump’s cabinet. (Photo by Apu Gomes/Getty Images)
  • City watchdog suspends parts of £9bn motor finance scheme after industry backlash

    July 2, 2026

    The UK’s financial watchdog has suspended parts of its under-fire £9bn motor finance redress scheme amid fierce backlash from industry and consumer groups. In a statement on Thursday, the Financial Conduct Authority (FCA) said the suspension will require firms to continue preparations for its scheme but avoid work that “may need to be repeated” if [...]

  • Thin end of the wedge? LLPs brace for major tax overhaul

    July 2, 2026

    The maths genius behind trading firm XTX, Alex Gerko, stands high in the rankings of Britain’s top taxpayers, having paid more than £330m to HMRC last year. For good measure, he also handed out more than £150m to charities and good causes in 2025, focusing on education and supporting talented math graduates to pursue PhDs [...]

  • LLPs remain under watchful eye – especially from the taxman

    June 18, 2026

    Despite dodging Budget day taxes, the UK’s limited liability partnership (LLP) model is still facing intense scrutiny, this time from HMRC, which just had a good result from the top court this week, writes Maria Ward-Brennan. The LLP model, used by professional services such as law firms and accountancy firms, came into force 25 years [...]

  • Shakira’s taxes don’t lie as singer wins £48m tax row

    May 18, 2026

    A Spanish court has ordered the country’s tax authority to repay Colombian singer Shakira £48m after ruling that it had improperly collected the money in a dispute over her tax payments.  In a statement published today, Madrid’s National Court said it has upheld Shakira’s appeal against the fine she was hit with five years ago, after [...]

  • Energy giant clashes with HMRC at UK’s highest court over £28m penalty

    May 18, 2026

    Scottish Power is to face the tax authority at the UK’s highest court over a tax deduction on a £28m penalty to settle a probe with the regulator. The legal case stems from a probe by the energy regulator Ofgem into Scottish Power between 2013 and 2016 regarding mis-selling, poor complaints handling, and a lack [...]

  • Motor finance trade body gears up for legal challenge to £9bn redress

    April 24, 2026

    The motor finance industry’s trade body is mulling lodging a legal battle against the UK financial watchdog‘s £9bn redress scheme. The Finance and Leasing Association (FLA), which counts Santander and the financial arms of BMW and Volkswagen among its members, is reported to be leaning towards challenging the City regulator’s scheme. Members of the body [...]

  • End of the runway for Gatwick as top court kicks out insurance lifeline 

    April 22, 2026

    Gatwick Investment’s appeal against insurance giant Liberty Mutual has been struck down over whether insurers can deduct government furlough payments from business claims.  The Supreme Court ruled that insurers do not have to pay an estimated £1bn to the hospitality and leisure companies involved in the case that suffered financial losses during the pandemic because [...]

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