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New UK rules will bring BNPL under formal credit law, forcing a strategic reset for fintech lenders and investors.
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British pension funds should not be forced to invest in UK assets, the boss of one of London’s biggest insurance firms has said, in a rebuke of the government’s pension reforms plans. The Treasury this week helped seal a voluntary, non-binding agreement by pension funds, dubbed the Mansion House Accord, will see increased investment into…
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Fifa has welcomed the qualified backing of its plan to cap football agents’ fees from a top judge at the European Court of Justice following legal challenges. The opinion issued by AG Nicholas Emiliou is not binding but offers an indication of the verdict that the ECJ may ultimately reach in a case with profound…
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HMRC has issued its first-ever tax avoidance Stop Notices to an individual, targeting Paul Baxendale-Walker for promoting schemes using offshore trusts to avoid tax. Read more: HMRC issues first individual tax avoidance Stop Notices to former solicitor Paul Baxendale-Walker
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Rugby league team Salford City Reds was hit with formal legal action by HMRC over unpaid bills
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Treasury officials met with Monzo, Revolut, and other fintech leaders to encourage London listings and enhance consumer access to innovative financial services.
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Rolly van Rappard, co-founder of private equity firm CVC Capital Partners, is reportedly contemplating relocating from London to Milan in response to recent UK tax changes.
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Japanese climate technology firm Asuene has announced its acquisition of US-based carbon management and accounting platform nZero, marking a strategic expansion into the North American greentech and corporate sustainability space. Founded in Tokyo in 2019, Asuene provides tools and consultancy services to support corporations in achieving their net zero targets. These include greenhouse gas (GHG)…
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Cambridge-based battery innovator Nyobolt has raised $30 million, with aims to expand into sectors like autonomous warehouse robots, heavy-duty vehicles, and mainstream electric vehicles.
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Regulator issues fresh penalty for audit breaches as scrutiny intensifies over Big Four compliance and governance.