July 13, 2023
The European Union’s drug regulator expanded its investigation into a possible risk of suicidal thoughts associated with a new class of weight-loss medicines and a separate analysis found that most patients stopped taking the medications after a year. The European …
June 16, 2020
Trade talks between the EU and UK have struggled in recent weeks, increasing the prospect that Britain departs the bloc without a deal and that businesses face an extreme shock when the divorce takes effect. It’s a scenario that would …
August 10, 2018
The UK should drop its net migration target after Brexit and introduce a system for arrivals from the European Union that better meets employers’ needs, Britain’s biggest business lobby group said. The recommendations published Friday by the Confederation of British …
July 9, 2018
Just as Prime Minister Theresa May softened her plan for leaving the European Union — a move that companies welcomed — the resignation of the U.K.’s top Brexit officials and foreign secretary creates new uncertainty for business. Carolyn Fairbairn, the …
April 17, 2018
The plot to reverse Brexit is missing a key ally: U.K. business. Companies have been among the most outspoken critics of the split from the European Union, and many have much to lose from the divorce. But as a group …
March 22, 2018
Europol Executive Director Rob Wainwright is leaving the EU intelligence agency he’s led for almost a decade to help run Deloitte LLP’s cyber-security practice, as companies wake up to the growing “systemic” threat of cyber crime. The 50-year-old MI5 veteran …
February 7, 2018
UK Plc issued an “urgent appeal” to Prime Minister Theresa May to get off the fence on Brexit or risk serious damage to business. The British Chambers of Commerce warned in an open letter that there is “no room for …
December 7, 2017
UK banks still aren’t telling regulators about all the cyber attacks on the financial services industry despite a ten-fold increase in reports to the Financial Conduct Authority over the last four years. “Our suspicion is that there’s currently a material …
October 27, 2016
The U.K. Financial Conduct Authority opened a review of its regulatory “mission” as the agency looks to redefine itself under a new chief executive officer following a turbulent year. The regulator said Wednesday that it’s looking to create a “guiding …
January 26, 2016
Bank of England Deputy Governor Andrew Bailey will become the new chief executive officer of the U.K. Financial Conduct Authority, as the Chancellor George Osborne turned to a familiar face following a six-month search for the country’s top markets regulator. …