Edition:
United Kingdom

Kirstin Ridley

Barclays, Staveley spar in final lap of London trial

16 Oct 2020

LONDON A bitter High Court clash between Barclays and British businesswoman Amanda Staveley, over whether she was deceived while negotiating a financial lifeline for the bank at the height of the credit crisis, draws to a close on Friday.

UK group action against Clydesdale, Australia's NAB heads to High Court

15 Oct 2020

LONDON Almost 370 businesses have joined a group action suing Clydesdale Bank and its former owner National Australia Bank in a dispute over small business loans that is set for its first day in London's High Court in December.

UK group action against Clydesdale, Australia's NAB heads to High Court

15 Oct 2020

LONDON, Oct 15 Almost 370 businesses have joined a group action suing Clydesdale Bank and its former owner National Australia Bank in a dispute over small business loans that is set for its first day in London's High Court in December.

UK watchdog fines fund ARCM over Premier Oil short selling breaches

14 Oct 2020

LONDON Britain's markets watchdog fined hedge fund Asia Research and Capital Management (ARCM) on Wednesday for a lack of transparency over a short position in Premier Oil , the first such penalty for a breach of short-selling rules.

Former Unaoil executive sentenced over $1.7 billion Iraq bribery plot

08 Oct 2020

LONDON A former executive at Monaco-based oil and gas consultancy Unaoil was on Thursday sentenced in London to three years and four months in jail for bribing Iraqi public officials to clinch $1.7 billion worth of oil projects in post-occupation Iraq.

Former Unaoil executive sentenced over $1.7 billion Iraq bribery plot

08 Oct 2020

LONDON A former executive at oil and gas consultancy Unaoil was on Thursday sentenced in London to three years and four months in jail for paying multi-million dollar bribes to clinch $1.7 billion worth of oil projects in post-occupation Iraq.

FCA insurance test case appeal heads to Supreme Court

02 Oct 2020

LONDON A test case brought by Britain's markets regulator against some of the world's biggest insurers will jump straight to the Supreme Court after London's High Court agreed to a fast-track appeal on Friday.

National Crime Agency warns bounce back loan scheme exploited by criminals

02 Oct 2020

LONDON Britain's National Crime Agency warned on Friday that it would investigate serious and organised crime linked to a bounce back loan scheme, aimed at helping businesses survive the coronavirus pandemic, after intelligence suggested it was being exploited.

UK regulator, insurers, brace for Supreme Court battle over COVID-19 case

30 Sep 2020

LONDON Britain's markets regulator said on Wednesday it had failed to strike a deal with major insurers over prompt payouts to small businesses battered by the coronavirus pandemic, dashing hopes that a Supreme Court appeal could be easily avoided.

Restoration after 2015 Brazil dam burst behind schedule: U.N. expert

17 Sep 2020

LONDON All 42 restoration projects following the deadly collapse of a Brazilian dam in 2015 are behind schedule, according to a U.N. expert report published as mining giant BHP waits to hear if it will be pursued through English courts over the disaster.

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