Latest in Visa and Mastercard face UK regulatory action over lack of competition
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Visa and Mastercard face UK regulatory action over lack of competition
Payments regulator says card duopoly’s sharp fee increases are costing businesses £170mn extra a yearFinancial Times - 6h -
Trump adds ‘gold card’ to global cash-for-visas competition
Rivals to $5mn scheme have drawn Chinese, Russian and other wealthy investors, but raised concerns about money launderingFinancial Times - Feb. 26 -
Arteta admits Arsenal ‘lacked spark’ but face wait for Saka and Martinelli return
‘We have to generate more shots on target’ Martinelli has a ‘chance’ to return before Saka Mikel Arteta admitted Arsenal “lacked that spark” in the goalless draw at Nottingham Forest that has ...The Guardian - Feb. 26 -
UK competition watchdog drops Microsoft-OpenAI probe
Digital rights campaigners say it shows the regulator has given into Big Tech and been "defanged."BBC News - 1d -
Public nuisance lawsuits over plastics recycling lack legal foundation
Public nuisance is regularly being claimed as an unlimited vessel to load a wish list of policy preferences through litigation that have not and likely could not be achieved through legislation or ...The Hill - Feb. 26 -
UK competition regulator will review fewer global deals, says boss
CMA head also warns it will not be ‘open season’ for takeovers harmful to consumersFinancial Times - Feb. 27 -
UK watchdog drops competition review of Microsoft's OpenAI deal
Britain’s competition watchdog says it has dropped its review of Microsoft’s partnership with OpenAIABC News - 1d -
Visa grants to live in UK drop while asylum applications hit record high
Home Office data comes as government weighs options for further policy changes to cut net immigrationFinancial Times - Feb. 27 -
Apple takes legal action in UK data privacy row
The tech giant is appealing a government order for access to customers' private data, the BBC understands.BBC News - 2d -
Ex-archbishop Carey among clergy facing possible disciplinary action
The report into prolific abuser John Smyth accuses several members of the Church of safeguarding failures.BBC News - Feb. 25 -
Colts GM says Anthony Richardson will face 'open competition' for starting QB job next season
Richardson got both hurt and benched last season. Can he turn his career around in Year 3?Yahoo Sports - Feb. 25 -
Ofgem demands action from energy firms over back billing
The energy regulator is demanding to know how many people have been sent back bills.BBC News - Feb. 22 -
Waspi women threaten legal action over pensions row
It comes after the government rejected compensation for women hit by changes to the state pension age.BBC News - Feb. 24 -
Drake settles legal action against iHeartMedia in dispute over 'Not Like Us'
HOUSTON — Drake has reached a settlement with Texas-based iHeartMedia in his ongoing legal dispute over Kendrick Lamar’s diss track “Not Like Us,” according to court records.NBC News - 4d -
Apple removes advanced data protection tool in face of UK government request
Apple says removal of tool after government asked for right to see data will make iCloud users more vulnerable. Business live – latest updates Apple has taken the unprecedented step of ...The Guardian - Feb. 21 -
Trade-promoting UK departments face ‘up to 40%’ staff cuts
Restructuring plans come as Britain seeks to boost inward investmentFinancial Times - Feb. 23 -
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UK's Robinson needs wrist surgery; season over
Kentucky guard Jaxson Robinson, the team's second-leading scorer, will undergo surgery on his wrist and miss the rest of the season, coach Mark Pope said Saturday.ESPN - 4d -
Trump Faces Blowback Over Plans for Crypto Reserve
Digital assets like Bitcoin rallied on the president’s backing for a strategic holding, but even some conservatives and industry backers disapproved.The New York Times - 2d -
Four banks fined by UK regulator over gilt information sharing
Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to pay over £100mnFinancial Times - Feb. 21 -
BMW delays £600m electric Mini factory upgrade in UK over 'uncertainty'
The vehicle manufacturer says "multiple uncertainties" in the industry led to its decision.BBC News - Feb. 22 -
UK suspends aid to Rwanda over eastern DR Congo conflict
Keir Starmer’s government warns of further sanctions unless Kigali withdraws troops from its east African neighbourFinancial Times - Feb. 25 -
UK suspends aid to Rwanda over support for DRC rebels
The UK government will cease attending events hosted by Rwanda, as well as pausing aid to all but the ‘poorest and most vulnerable’. The UK government has announced it will cease attending events ...The Guardian - Feb. 25 -
UK watchdog probes private asset managers over conflicts of interest
Financial Conduct Authority says some investors may be losing out as industry rapidly expandsFinancial Times - Feb. 26 -
Microsoft criticises CMA over ‘fundamental mistake’ in UK cloud probe
Tech group says antitrust regulator has ignored how AI is reshaping the tech industryFinancial Times - 6d -
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Vance denies disrespecting UK over ‘random country’ peacekeeping remarks
The US vice-president faces criticism after saying troops from "some random country" will not deter Russia.BBC News - 2d -
Minister sacked over WhatsApp messages faces standards probe
Andrew Gwynne is investigated over "actions causing significant damage to the reputation of the House".BBC News - Feb. 21 -
Keir Starmer faces backbench rebellion over ‘shortsighted’ cuts to aid budget
MPs ask ‘what will be left of Labour programme?’ amid calls for rethink and plan to speak out against decision. Labour MP Emily Darlington: ‘International aid is as vital as defence spending – ...The Guardian - 4d -
Dubs' Butler faces suit over unpaid rent, damages
Jimmy Butler has been sued for allegedly failing to pay $260,000 in rent and leaving behind more than $127,000 in damages related to a luxury home he leased in Miami.ESPN - 4d -
White House faces growing backlash over cuts to federal workforce
The White House is facing growing backlash to the Trump administration's cuts to the federal workforce, including demonstrations at national parks, along with a legal setback that could eventually ...NBC News - 3d -
Greenpeace Faces Tough Start in Trial Over Dakota Access Pipeline Protests
The environmental group, battling a multimillion-dollar lawsuit over protests against the Dakota Access Pipeline, told the North Dakota Supreme Court it can’t get a fair trial.The New York Times - 2d -
FDA Nominee Marty Makary to Face Grilling Over Cutbacks and Policy Shifts
Dr. Marty Makary will testify before the Senate health committee on Thursday. Lawmakers may press him over staff reductions and changes in agency direction on issues like vaccines.The New York Times - 4h -
UK steelmakers face £150mn annual bill from carbon charges, industry warns
Decision to wind down free emission allowances is an ‘earthquake moment’ for producersFinancial Times - Feb. 23 -
Macron ‘turning point’ on Ukraine lacks Trump commitments
French president to be followed by British PM in seeking support for US ‘backstop’ in postwar UkraineFinancial Times - Feb. 25 -
UK justice secretary to over-rule new sentencing advice over ‘double standards’
Shabana Mahmood will recommend reversing guidelines that appear to favour offenders from ethnic minoritiesFinancial Times - 1d -
The Death of Competition in American Elections
A vast majority of 2024 races for Congress and state legislatures were decided by low-turnout or meaningless primaries. The trend is making politics more polarized and eroding public trust.The New York Times - Feb. 23 -
FCA looks for policies to scrap as it slows ‘pace of regulatory change’
UK financial watchdog’s moves come as Keir Starmer urges regulators to consider impact of their measures on growthFinancial Times - Feb. 27 -
BaFin fines Deutsche Bank €23mn for string of regulatory lapses
German financial watchdog metes out second highest fine in its historyFinancial Times - 2d -
'Review' time: Congress looks to its own regulatory veto process
Congress has a process called the Congressional Review Act (CRA) that allows it to disapprove proposed federal regulations, and while it has been used once prior to 2017, it was only utilized once ...The Hill - 10h
