Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
UK’s Eldon Insurance, Owned by Brexit Donor Banks, Fined for Data Misuse
Feb 1 2019 // The U.K.’s Information Commissioner’s Office fined Brexit supporting campaign Leave.EU and a linked insurance company 120,000 pounds ($156,000) for serious breaches of electronic marketing laws as it opens a...
AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty
Jan 31 2019 // It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out...
UK Financial Sector Wants Deeper EU Access After Brexit Than Non-EU Countries
Jan 31 2019 // Britain’s financial sector needs stability to secure its future, along with deeper access to the European Union market after Brexit than what non-EU countries normally get, a senior industry official said on...
UK Parliament Asks Prime Minister to Reopen Brexit Divorce Negotiations
Jan 30 2019 // British lawmakers on Tuesday instructed Prime Minister Theresa May to reopen a Brexit treaty with the European Union to replace a controversial Irish border arrangement – and promptly received a flat rejection from...
Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit
Jan 30 2019 // Travelers Europe announced it has been granted a license by the Central Bank of Ireland to form a wholly owned insurance subsidiary in the Republic of Ireland. Based in Dublin, Travelers Insurance Designated Activity Co....
UK Financial Services Minister Confident Brexit Deal Will Be Agreed
Jan 29 2019 // Britain is working hard for a Brexit deal but it would still be prudent to put in place contingency measures in case no agreement is reached, UK financial services minister John Glen said on Monday. Parliament will vote on...
Here Are Range of Brexit Options Being Proposed by U.K. Parliament
Jan 28 2019 // With U.K. Prime Minister Theresa May refusing to budge from her Brexit position, members of Parliament are proposing a range of amendments demanding a change of direction. Some overlap and some complement each other. The...
Support Grows for Delaying UK’s Exit from EU, as Brexit Deadline Looms
Jan 24 2019 // The risk of a no-deal Brexit appears to be receding after calls for a delay to the U.K.’s exit from the European Union won powerful backing in London and other EU capitals. The pound rose. Senior figures in the...
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap
Jan 24 2019 // The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the flood insurance market...
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes
Jan 24 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
Drone Travel Chaos at Gatwick Airport Cost EasyJet Nearly $20 Million
Jan 22 2019 // EasyJet lost 15 million pounds ($19 million) during 36 hours of travel chaos sparked by drones flying into London’s Gatwick Airport in December, the budget airline said on Tuesday, adding it should serve as a...
PM May Refuses to Rule Out No-Deal Brexit, but Seeks Further EU Concessions
Jan 22 2019 // British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish...
AXA XL Transfers XL Insurance from UK to Dublin as Post-Brexit HQ
Jan 18 2019 // AXA XL has completed the transfer of its European Union insurance company, XL Insurance Co. SE (XLICSE), from the UK to Dublin, Ireland. XLICSE is a wholly owned subsidiary within the AXA XL division of AXA Group,...
What’s Next for Brexit After UK Parliament Rejects May’s EU Divorce Deal?
Jan 18 2019 // Prime Minister Theresa May’s Brexit deal has been thrown out by Parliament. She’s now in talks with rival politicians to find a way forward before presenting a Plan B on Monday. If her plan isn’t...
Brexit Update: City of London Prepares for Worst, Hopes for Best
Jan 17 2019 // Dismay, confusion, relief — and hope. The City of London had a range of reactions to the U.K. Parliament’s overwhelming rejection Tuesday night of Prime Minister Theresa May’s blueprint for quitting the...
Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey
Jan 16 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
UK-EU Divorce in Disarray with Just 10 Weeks to Go Before Brexit Leave Date
Jan 16 2019 // Prime Minister Theresa May was trying to forge consensus in parliament on a Brexit divorce agreement on Wednesday after the crushing defeat of her own deal left Britain’s exit from the European Union in disarray 10...
May’s Brexit Deal Rejected by Parliament in Landslide Vote
Jan 15 2019 // Prime Minister Theresa May’s Brexit deal was rejected by Parliament in a humiliating defeat, her plan for leaving the European Union all but dead. She now faces a confidence vote in her government. The House of...
UK Prime Minister’s Brexit Deal Faces Crushing Parliamentary Defeat
Jan 15 2019 // Prime Minister Theresa May is set to see her Brexit deal rejected in the biggest Parliamentary defeat for a British government in 95 years after her last minute pleas for support appeared to fall on deaf ears. The battle...
Uncertainty over Brexit Takes Toll on UK Financial Services Sector: Survey
Jan 14 2019 // Uncertainty over Brexit and the economy have led demand for Britain’s financial services to shrink for the first time in five years, with no immediate sign of an improvement, a survey by business group CBI and PwC...
