Daily Briefing Podcast

Disputes

High Court Orders Government to Pay Indemnity Costs After Ministry Repeatedly Missed Litigation Deadlines in Afghan Relocation Test Cases

Indemnity costs against the government remind all litigants that resource pressure is not a procedural excuse.

Regulation

SRA Launches Consultation on SQE1 Syllabus Changes as July Pass Rate Drops to 42%, Its Second Lowest Ever

A 42% pass rate means SQE1 is now failing most candidates in its summer sitting, two years running.

AI & Law

Incoming Master of the Rolls Backs 'Cautious But Positive' Judiciary Approach to AI as Co-op Legal Services Defends AI Call Monitoring

Courts and law firms are now navigating AI in real time, not theory.

Energy & Tech

Off-Grid UK Households Face Heating Oil Bills Double Last Year's Level as Unregulated Market Hits 111p Per Litre

Heating oil's unregulated status means 1.5 million UK households bear full commodity price risk with no legal backstop.

Regulation

PRA Launches Autopilot Indexation Consultation to Remove Manual Updates to Regulatory Thresholds

Autopilot indexation stops thresholds quietly tightening as inflation does the regulator's work.

Banking & Finance

Private Credit Assets Under Management Surpass $2 Trillion as Product Range and Investor Base Expand, Mayer Brown Analysis Finds

Private credit's $2 trillion scale means direct lending now rivals syndicated bank loans for mid-market borrowers.

Disputes

Panoro Energy Subsidiary Argues BP Cannot Enforce Crude Oil Marketing Agreement After Switch to Trafigura

Crude oil marketing agreement disputes turn on whether termination was effective before a competing commitment was made.

Regulation

EU's ESMA Weighs Whether Tokenised Assets Can Serve as Collateral in Central Clearing

Tokenised collateral in central clearing would restructure how margin operates at the core of EU financial markets.