Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Brexit Uncertainty Takes a Toll on UK Businesses: Report
Apr 29 2019 // As talks on a Brexit deal fumble on, the uncertainty it has brought is hurting U.K. property firms and the financial services sector. The number of companies classed as being in “critical distress,” often a...
Lloyd’s Innovation Drive Faces Headwinds from Some Brokers, Underwriters
Apr 26 2019 // Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit...
Government, Businesses Must Work Together to Safeguard Internet: British Spy Chief
Apr 24 2019 // The head of Britain’s GCHQ spy agency on Wednesday will call on businesses and the finance sector to work with intelligence officials to help secure the internet and protect customers online. In extracts of a speech...
Everest Insurance Ireland Opens UK Branch
Apr 18 2019 // Everest Insurance Ireland, dac (EIID), a part of the Everest Insurance international platform, has opened a branch office in the United Kingdom. EIID was established in 2017 and is led by CEO Linda Ryan, who manages the...
Britain’s Financial Regulator to Review Its Rules for Post-Brexit Landscape
Apr 17 2019 // Britain’s markets watchdog will review its rules as the country readies to leave the European Union, the source of its financial regulation for decades. “Post-Brexit, we need to consider the future of...
IMF Officials Urge Governments to Limit Risks to Global Economy
Apr 15 2019 // The International Monetary Fund warned governments not to rock the boat with trade wars and other disruptions at a time when the global economy is already sailing through choppy waters. “We see downside risk and that...
London Continues to Lose Financial Sector Jobs Over Brexit
Apr 15 2019 // Job vacancies in London’s finance industry have halved in two years as uncertainty over Brexit knocks business confidence, a survey by recruiter Morgan McKinley has found. The number of jobs available in the...
British CFOs Fears of Long-Term Brexit Downturn Grow
Apr 15 2019 // An increasing number of chief financial officers expect Britain’s long-term business climate to worsen after the U.K. leaves the European Union, according to a Deloitte survey. More than 80 percent of 89 British...
EU Gives Britain 6-Month Brexit Extension, Despite French Resistance
Apr 11 2019 // European Union leaders gave Britain six more months to leave the bloc, more than Prime Minister Theresa May says she needs but less than many in the bloc wanted, thanks to fierce resistance from France. The summit deal in...
UK Joins Global Backlash Against Tech Firms that Fail to Control Harmful Content
Apr 9 2019 // The U.K. joined a growing global backlash against technology companies such as Facebook Inc. and Twitter Inc., proposing fines and bans if social-media platforms fail to curb illegal activity. The government outlined plans...
Prime Minister May Seeks Another Brexit Delay, Setting Up Battle With EU
Apr 5 2019 // Prime Minister Theresa May has asked the European Union to delay Brexit until June 30, setting up a battle with the bloc ahead of a key summit next week. May wants an extension to June 30 and aims to avoid holding European...
UK Parliament Votes to Block Damaging No-Deal Brexit as Deadlock Continues
Apr 4 2019 // Britain took a decisive step away from a damaging no-deal Brexit as members of Parliament and political leaders backed efforts to prevent a disorderly departure from the European Union. The House of Commons vote shortly...
UK Financial Services Business Flows to EU to Avert Possible Brexit Disruption: Report
Apr 3 2019 // Financial firms in Britain continue to shift business to new European Union hubs and won’t stop unless Brexit is canceled, a think tank told British lawmakers on Wednesday. William Wright, head of New Financial, said...
Root of Brexit Crisis Is that No Good Compromise Exists: Opinion
Apr 3 2019 // The root of the Brexit crisis is not, as you might think, the failure of the hard-Brexit Tories to compromise. Rather, it’s that no good compromise exists. For three years Britain’s politicians have refused to...
EU Financial Services Chief Warns of Market Disruption from No-Deal Brexit
Apr 2 2019 // A no-deal Brexit would cause disruption and might also have an impact on liquidity in financial markets, the European Union commissioner in charge of financial services said on Tuesday in a stark reminder of the risks...
Big 4 Accounting Firms Should Separate Auditing, Consulting Work: UK Lawmakers
Apr 2 2019 // The “Big Four” accounting firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a U.K. Parliament committee said...
Brexit Stalemate Continues as Senior UK Ministers Consider Delaying EU Divorce
Apr 2 2019 // Theresa May is expected to confront her most senior ministers with the potentially explosive option of delaying Brexit by months, as the U.K. struggles to find a plan for leaving the European Union. The British prime...
Hard Brexit Fears Rise as UK Parliament Again Rejects Prime Minister’s Deal
Mar 29 2019 // Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the very day it...
Brexit Political Impasse Deepens Even with Prime Minister’s Offer to Quit
Mar 28 2019 // Britain’s political standoff over Brexit escalated further, with even Theresa May’s announcement that she’ll quit as prime minister doing nothing to move closer to a resolution. It leaves the country...
UK Parliament Seizes Control of Brexit Process from Prime Minister May
Mar 26 2019 // The U.K. Parliament seized control of the Brexit process from Prime Minister Theresa May and will now seek to decide how Britain exits the European Union. In a vote late Monday, the House of Commons split 329 to 302 to...