Defendants charged with economic crimes who are facing trial by a sole judge should be allowed to appeal for their case to be heard by a jury, British lawmakers said Wednesday in a pushback against the government's landmark criminal justice reforms.
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TOP NEWS

MPs Want Appeals Route For Judge-Only Complex Cases

By Christopher Crosby

Defendants charged with economic crimes who are facing trial by a sole judge should be allowed to appeal for their case to be heard by a jury, British lawmakers said Wednesday in a pushback against the government's landmark criminal justice reforms.

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PwC Probed By Accounting Watchdog Over WH Smith Audit

By Christopher Crosby

The U.K.'s accounting watchdog opened a probe into PricewaterhouseCoopers on Tuesday over its audit of WH Smith, amid growing pressure on the travel retailer for overstating its profits.

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Duo Can't Halt Extradition To US Over $22M Phishing Fraud

By William Janes

Two people accused of participating in a $22 million fraud scheme that allegedly used phishing attacks lost a bid Tuesday to block their extradition to the U.S., with a court rejecting claims they faced inhumane conditions in the country's jails.

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INVESTIGATIONS

ICC Prosecutor Suspended Amid Misconduct Allegations

By Ashish Sareen

The top prosecutor at the International Criminal Court has been suspended from duty with immediate effect amid reports of alleged sexual misconduct involving a female staffer.

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EU Orders Meta To Give Rival Chatbots Free WhatsApp Access

By Matthew Perlman

European enforcers ordered Meta Platforms to give rival artificial intelligence chatbots free access to WhatsApp amid an antitrust investigation into the messaging service, despite Meta taking steps to provide access for a fee after previously blocking rival assistants.

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LITIGATION

Barclays Wins Bid To Appeal Denial Of £800M Tax Deduction

By Josh White

A lower tribunal made errors and must reconsider its ruling against Barclays Bank and in favor of Britain's tax authority regarding an £800 million ($1.1 billion) corporate tax deduction dating back to a deal during the 2008 financial crisis, a London tribunal found.

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Malawi Flood Victims Push For Faster Trial Of ABF Claims

By Joanne Faulkner

More than 1,700 villagers from Malawi who blame Associated British Foods PLC for devastating floodwaters told the High Court on Tuesday during a hearing to decide how their claims should advance that they now rely on humanitarian aid to survive.

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POLICY & REGULATION

Gov't Targets Loophole In New Pension Scam Crackdown

By Martin Croucher

The government floated new plans on Tuesday to block workers from transferring long-term savings to bogus pension plans, in a new bid to crack down on retirement scams.

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EXPERT ANALYSIS

Easing Of UK Stablecoin Rules Will Encourage Crypto Growth

The Bank of England’s recent decision to relax parts of its proposed framework for sterling-backed stablecoins balances innovation with financial stability, and will help the U.K. remain competitive with crypto markets across the globe, says Thomas Cattee at Gherson.

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LAW FIRMS IN TODAY'S NEWS

Bindmans LLP

Blackstone Chambers

Carter-Ruck

Freshfields

HSF Kramer

Leigh Day

Matrix Chambers

COMPANIES IN TODAY'S NEWS

Associated British Foods PLC

Barclays PLC

Deloitte Touche Tohmatsu Ltd.

Illovo Sugar Ltd.

Instagram Inc.

Meta Platforms Inc.

OpenAI OpCo LLC

PricewaterhouseCoopers LLP

The Associated Press

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bank of England

Department for Work & Pensions

European Commission

European Union

Financial Conduct Authority

HM Revenue & Customs

Prudential Regulation Authority

Serious Fraud Office

U.S. Department of the Treasury

UK First-tier Tribunal

UK High Court

UK Upper Tribunal

United Nations