The former boss of London Capital & Finance PLC was hit with a six-month prison sentence Thursday for breaching an order imposed by the Serious Fraud Office during an investigation into the £237 million ($317.9 million) collapse of the company.
The former boss of London Capital & Finance PLC was hit with a six-month prison sentence Thursday for breaching an order imposed by the Serious Fraud Office during an investigation into the £237 million ($317.9 million) collapse of the company.
Two businesses urged Britain's highest court on Thursday to rule that whistleblowers suing over unfair dismissal cannot also pursue separate claims for detriment arising from the same dismissal in a case that could reshape the scope of protection under the Employment Rights Act.
An English appeals court ruled Thursday that the Solicitors Regulation Authority might have to pay Dentons more than £515,000 ($690,000) over the watchdog's failed attempt to prosecute the firm for breaching the U.K.'s money laundering rules.
The Information Commissioner's Office said Thursday it had secured a confiscation order of more than £355,000 ($476,000) against a former motor insurance worker convicted of unlawfully accessing and selling personal data for financial gain.
The European Union's top court issued a series of judgments on Thursday reinforcing the bloc's ability to look past trusts to identify assets that individuals benefit from in order to enforce sanctions.
The Bank of England said Thursday that it will loosen rules to make it easier for foreign insurers to operate in the U.K. as part of an effort to boost the national economy.
U.K. Chancellor of the Exchequer Rachel Reeves announced plans Thursday to restrict offshore tax planning by energy multinationals as part of a series of fiscal measures, including cuts to fuel duty and value-added tax.
