Five former Barclays traders had Libor and Euribor convictions quashed by the Court of Appeal after the Serious Fraud Office chose not to oppose. The SFO still says its evidence was ample, so it now defends the investigations while giving up the verdicts they produced.
Volkswagen Financial Services UK set aside £725m for the FCA's car finance redress scheme, turning a £110.3m profit into a £352.9m loss for 2025. The charge rests on rules the lender is contesting in court, so its final size and timing are not yet settled.
Car lenders including Volkswagen's finance arm say in court filings that the FCA won't share the data and code behind its £9.1bn redress scheme. Consumer Voice is attacking the same calibration from the other side, demanding the FCA's Treasury correspondence.
Employment lawyers warn Jonathan Reynolds's bogus self-employment crackdown may fall short of the 100,000 workers he said could gain pay rights. With no plan to change tax status, self-employment stays the cheaper classification for employers going into this month's consultation.
Oatly's mark is invalid on oat-based food and drink because "milk" counted as a designation. Negation, asterisks and droplet symbols do not create a safe harbour.