FCA faces four lawsuits over £9.1bn compensation scheme for car loan victims | Motor finance

The UK financial watchdog is facing four legal challenges against its £9.1bn compensation scheme for victims of the motor finance scandal. The Financial Conduct Authority (FCA) said that it will defend the scheme “robustly” as the “fastest, simplest route for consumers and the most efficient way for firms to put things right”. The FCA confirmed…

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What is the Kardashev scale, and can we climb it?

As a long-time lover of science fiction, I’m very familiar with the old trope of a galaxy-spanning human civilization, thousands or even millions of planets strong. Watching Star Trek, Star Wars and Stargate made such a dizzying future seem almost inevitable. Humans are destined for the stars—right? We’ve certainly made our first steps in that…

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Microsoft wants lawyers to trust its new AI agent in Word documents

Microsoft is launching a new AI agent inside Word that’s specifically designed for legal teams. Legal Agent handles document edits, negotiation history, and complex documents to help legal teams handle tasks like reviewing contracts. “Instead of relying on general AI models to interpret commands, the agent follows structured workflows shaped by real legal practice, managing…

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