When it opened in 2020, business was booming at Chunks, a store serving dozens of portions each day of Britain’s best known takeout meal: battered and deep-fried cod with fries, or chips as they are known here. But even before the war in Ukraine further pushed up the shop’s bills for energy, fish and cooking oil, inflation had already forced the owners, Sayward and Michael Lewis, to raise their prices twice, the New York Times reported. Now, with another spike in prices driving away customers, Chunks is on the brink of failing.

German tennis great Boris Becker was on Friday found guilty of four charges, including failing to disclose, concealing and removing significant assets, under the Insolvency Act 1986 following his bankruptcy trial in London, Reuters reported. The 54-year-old six-times Grand Slam champion, who was on trial at Southwark Crown Court, was facing 24 counts under the act relating to the period from May to October 2017.

Britain has frozen the assets of Russia’s biggest bank, banned outward investment to the country and promised to end imports of Russian oil and coal by the end of this year, the Irish Times reported. The measures are part of a new package of sanctions in response to alleged war crimes by Russian forces which Boris Johnson described as coming close to genocide. The move against Sberbank was coordinated with the United States, which also announced on Wednesday that it was freezing the bank’s assets.

Credit Suisse said on Monday that litigation related to Greensill supply chain finance funds (SCFF) could take around five years and warned that some investors would not be able to recover their money, Reuters reported. Credit Suisse racked up a 1.6 billion Swiss franc ($1.73 billion) loss last year when it was hit by the implosion of investment fund Archegos and the collapse of $10 billion in SCFFs linked to insolvent British financier Greensill.

A U.K. financial adviser who owed more than £350,000 to clients for services he never provided has been served with a nine-year restriction by the Insolvency Service, the Financial Times reported. Marc Jones worked as a self-employed adviser in Cardiff from January 2012 until October 2018, after which he worked on behalf of a financial institution selling various financial products for a year. The regulator said when Jones worked for himself, he “failed” to supply his customers with services they had paid for.

Britain’s insolvency service has started formal criminal and civil investigations into P&O Ferries to look into the company’s decision to fire hundreds of workers without notice last month, business minister Kwasi Kwarteng said on Friday, Reuters reported reported. The probe comes after P&O Ferries admitted to breaking the law in the manner in which it terminated about 800 staff last month to hire cheaper agency workers, a move that has since caused major backlash from politicians and workers.

A proposed multi-billion pound claim brought by thousands of asset managers, pension funds and financial institutions against major banks over alleged foreign exchange (forex) rigging has been blocked by a London court, Reuters reported. London's Competition Appeal Tribunal (CAT), which had been considering the case against JPMorgan, Citigroup, Barclays, UBS and NatWest since last July, ruled on Thursday the case was not suitable to proceed as a U.S.-style, opt-out class action.

The president of Britain’s Supreme Court said Wednesday that he and a colleague were stepping down from their roles on Hong Kong’s highest court because the administration of the Chinese territory had “departed from values of political freedom and freedom of expression,” the New York Times reported. Their resignations will heighten scrutiny of Hong Kong’s British-style legal system, which the former British colony kept even after it returned to Chinese control in 1997.

Lending to consumers in Britain rose last month by the most in nearly five years, driven by a record rise in credit card borrowing, according to data that analysts said could be a sign of the growing cost-of-living squeeze, Reuters reported. Figures from the Bank of England on Tuesday showed consumer credit rose by a net 1.876 billion pounds ($2.46 billion) in February, about 1 billion pounds more than expected in a Reuters poll of economists and the biggest increase since March 2017.

The head of the UK Serious Fraud Office (SFO) was on Tuesday accused of "very, very basic errors in litigation" and hiding behind a review into the agency's failings in a tetchy grilling by lawmakers, Reuters reported. Lisa Osofsky said she was duty bound to wait for the recommendations of former High Court judge David Calvert-Smith before being drawn on how two convictions in the high-profile Unaoil bribery prosecution were quashed by the Court of Appeal.