Politics
FCA decides to ban father and son following fraud and misuse of client money
The FCA has decided to ban a father and son from UK financial services after the High Court found that they had engaged in fraud and misused client money.
Politics
Politics
ECB reveals shortlisted designs for new banknotes and launches public survey
The European Central Bank (ECB) today unveiled the shortlisted design proposals for the next series of euro banknotes and launched a public survey inviting people across Europe to provide their feedback. These design pr…
Politics
Dubai offers £600 rewards to residents who lure friends to visit as tourist numbers plummet
Residents eligible for dining and hotel packages if they can persuade family and friends to city spurned by visitors amid Iran war
Politics
EU fines Google €890m for competition breaches over search and apps
Google has been fined a total of €890m (£760m) by the EU for breaches of online competition laws by its search and app store services.
Politics
Andy Burnham to cut tax for pubs, clubs and live music in England and make vape shops pay more – business live
Pubs and restaurants company Mitchells & Butlers had other things on its plate this summer: the British heatwaves hit its sales .
Politics
Monetary policy decisions
The Governing Council today decided to keep the three key ECB interest rates unchanged. The outlook for energy prices, while highly volatile, currently stands close to the baseline of the June Eurosystem staff projectio…
Politics
Managing conflicts of interest in insurance
Having just joined as the FCA’s new insurance director, it’s been great getting to know the team and see the variety of work they’re doing – whether that’s working with the industry to improve claims experiences for cus…
Politics
EasyJet profits plunge 70% as fuel costs soar amid Iran war
The low-cost airline easyJet has revealed a 70% slide in profits because of soaring fuel costs and later bookings as a result of the conflict in Iran , only weeks after it agreed to a £5.7bn takeover.
Politics
Carmakers lobbied UK to revoke ban on petrol and diesel cars after 2035
Major carmakers privately lobbied the UK government to revoke a ban on new petrol and diesel cars after 2035, according to documents that reveal for the first time the efforts to overturn a key decarbonisation policy.
Politics
Business rates to be cut by 20% for pubs, clubs and music venues in England
Burnham says relief for vape shops and other ‘non-positive’ businesses to be reviewed as part of £100m plan to fund cut
Politics
Google reports 12th consecutive quarter of strong revenue gains
Google’s parent company, Alphabet, reported double-digit revenue growth for its second-quarter earnings on Wednesday. This is the tech giant’s 12th consecutive quarter of massive revenue gains.
Politics
Tesla’s profits slide despite growing revenue as it pivots to robotics and AI
Tesla reported its second-quarter earnings on Wednesday, disclosing far lower profits than expected. The company’s already beleaguered stock, which had fallen about 14% this year to date, dipped further following the ea…
Politics
Paramount’s £80bn takeover of Warner Brothers a step closer after EU approval
European Commission says Paramount Skydance’s decision to end Universal venture addresses merger concerns
Politics
SEC Announces Departure of Principal Deputy Director of Enforcement Sam Waldon
In this issue of our monthly Securities Enforcement Roundup, we highlight top securities enforcement developments from March 2026.
Politics
Food price fears after Europe’s heatwave destroys estimated €2bn of crops
The heatwave that swept across Europe in June is estimated to have cost the continent’s grain farmers €2bn (£1.7bn) in lost revenue and destroyed 9m tonnes of crops, sparking concern about the impact on the price of foo…
Politics
Segro board U-turns on £14bn takeover bid by US rival Prologis
UK warehouse landlord says board unanimous in recommendation to accept ‘best and final offer’
Politics
Former Southern Water employees to face trial over alleged cover-up in wastewater testing
Britain’s Environment Agency (EA) is bringing a fraud case against four former Southern Water employees, including the former chief executive Matthew Wright, over allegations they manipulated wastewater testing…
Politics
Streeting says Burnham government will prioritise military over other spending
Defence secretary says he will give arms industry ‘clarity and confidence’ in contrast to row preceding Starmer’s exit
Politics
Lloyd’s of London says ex-boss’s ‘close relationship’ breached compliance rules
Lloyd’s of London has ruled that its former boss John Neal breached compliance rules by failing to disclose a “close relationship” with a female colleague that risked triggering conflict of interest concerns at the insu…
Politics
Oil price rises above $95 mark as Middle East conflict escalates
The price of oil has breached the $95 a barrel mark for the first time in six weeks as the escalating Middle East conflict threatens further disruption to global supplies.
Politics
PRA consults on updated guidance for friendly society amalgamations and transfers
Financial mutuals play an important role in the UK financial services sector, and the PRA is committed to supporting their long-term, sustainable growth and ability to compete effectively alongside other firms. In the P…
Politics
Arrests and searches made as part of a fraud and money laundering investigation
Four people have been arrested and search warrants executed in Hackney, Beckenham and Slough as part of a FCA and police investigation into fraud and money laundering.
Politics
Wetherspoon’s issues fourth profit warning in seven months
JD Wetherspoon has issued its fourth profit warning in seven months, with the pub chain blaming worse-than-expected sales, despite the World Cup, as it struggled with rising costs for food, workers, energy and property …
Politics
Anthropic to support FCA’s Supercharged Sandbox
Anthropic will support the second group of firms in the FCA's Supercharged Sandbox.