Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.
A ruling by Britain's highest court that allows insurers to cut payouts for claims based on COVID-19 furlough payments could affect how other types of government financial support will work in the future, lawyers say.
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Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.
A ruling by Britain's highest court that allows insurers to cut payouts for claims based on COVID-19 furlough payments could affect how other types of government financial support will work in the future, lawyers say.
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July 01, 2026
The U.K. retirement savings watchdog said Tuesday that the number of workplace pension funds declined by 15% in 2025 and that it expects further consolidation in the market this year.
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July 01, 2026
The U.K. pension sector needs to prepare for potentially severe financial risks from climate change, a trade body has warned.
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July 01, 2026
U.K. pension providers have entered a "critical period" where they must ensure their systems, data and customer support functions are ready for public use, amid a looming deadline for the government-backed pensions dashboard, insurtech firm Lumera warned Wednesday.
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July 01, 2026
A group of businesses, including hotels and spas in the U.K. and Europe, cannot rectify an insurance contract agreed with Generali that would ultimately help them recover approximately €160 million ($182 million) in business interruption losses from the COVID-19 pandemic, a court has ruled.
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July 01, 2026
The Associated Board of the Royal Schools of Music has completed a £35 million ($46.4 million) full buy-in to secure the retirement benefits of all 253 members of its U.K. retirement savings plan, Pension Insurance Corp. PLC said Wednesday.
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June 30, 2026
Thousands of motorists can pursue claims against car finance providers as a group, a London appellate court affirmed Tuesday, saying that it was not an "irrelevant waste of time" to try lead cases to determine common issues between them.
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June 30, 2026
The Bank of England and the Financial Conduct Authority set out proposals Tuesday on how they will jointly regulate systemic stablecoin issuers in the U.K.
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June 30, 2026
The government should consider reforms to allow Britons to use pension wealth to get on the property ladder, a consultancy said Tuesday, warning that those living in rented accommodation are more likely to face poverty in retirement.
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June 30, 2026
The government has helped drive a decade of progress in increasing female representation in senior leadership positions across the financial services sector, but achieving complete gender parity is still decades away, a review by HM Treasury indicated on Tuesday.
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June 30, 2026
The U.K.'s pension compensation fund has rolled out changes that will mean that people suffering from a terminal illness receive benefits sooner.
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June 30, 2026
Global insurance intermediary ANV Group Holdings has agreed to acquire Assured Underwriting Group, a U.K. specialist managing general agent for the travel industry, to expand its European presence.
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June 29, 2026
The Financial Conduct Authority has slashed potential capital requirements for issuing stablecoins in its landmark crypto-assets regime that was finalized Tuesday, the biggest expansion of its regulatory power in over a decade.
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June 29, 2026
Insurance companies paid out £7.8 billion ($10.3 billion) in claims to individuals and companies in 2025, down from the £8 billion released in 2024, new figures from the Association of British Insurers and Group Risk Development published Monday show.
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June 29, 2026
Insurers could be hit with a jump in natural catastrophe losses over the next six years linked to warmer temperatures linked to El Niño, a ratings agency warned Monday.
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June 29, 2026
U.S. investment firm Sixth Street said Monday that it will buy a majority stake in Monument Re to support the long-term growth of the reinsurer.
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June 29, 2026
The City watchdog said on Monday that it will strip back consumer protection rules for cross-border insurance business written in London.
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June 26, 2026
The past week in London has seen Michelle Mone sued by PPE Medpro, Broadfield Law sued by the founders of an international aid company, and litigation funder Fortress bring a claim against Edwin Coe and businesses the law firm represented in a cartel claim.
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June 26, 2026
The Financial Conduct Authority set out Friday its expectations on how stockbrokers, investment platforms and trading apps should engage with retail customers and enable them to vote.
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June 26, 2026
An influential retirement savings trade group said the minimum pension contribution level under automatic enrollment should rise from 8% to 12% to address growing concerns that Britons are not saving enough.
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June 26, 2026
Members of pension plans should receive billions of pounds in government tax relief only if more of their retirement savings are invested in U.K. companies to revive economic growth, a trade group has said.
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June 26, 2026
The European Union said Friday that the bloc's governments have agreed to reform its workplace pension rules, advancing plans aimed at improving retirement savings, encouraging cross-border pension activity and channeling more investment into its economy.
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June 26, 2026
London-listed XPS Pensions Group said Friday that it will buy U.K. actuarial consultancy Austin Professional Resourcing for up to £16.3 million ($22 million) in order to expand its business.
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June 26, 2026
The U.K. government has said it will develop a communications strategy to provide accessible and targeted information on the state pension age in response to a report that found it failed to properly set out legislative changes to women's state pension age.
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June 25, 2026
The Pensions Regulator said Thursday that managers of workplace retirement savings plans should assess now whether they can comply with new measures due to be introduced in 2026.
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June 25, 2026
James Neill Pension Plan has penned a "landmark" capital-backed investment deal with Portunes Pension Capital, marking only the second such transaction in Britain's retirement savings market, legal advisers on the deal have said.