Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
EU Lawmakers Seek to Beef Up Financial Services Protections Ahead of Brexit
Jan 10 2019 // The European Union moved a step closer on Thursday to beefing up its regulators to increase safeguards for consumers and create an EU capital market that reduces the bloc’s reliance on Britain’s financial...
If Brexit Deal Is Rejected, UK Would Enter Uncharted Territory: PM May
Jan 7 2019 // Prime Minister Theresa May said on Sunday [Jan. 6] that Britain would be in uncharted territory if her Brexit deal is rejected by parliament later this month, despite little sign that she has won over skeptical...
U.S. Signs Agreement with UK on Post-Brexit Insurance Regulation
Jan 7 2019 // The U.S. Treasury and U.S. Trade Representative have officially signed an agreement with the United Kingdom to provide insurance regulatory continuity after Britain exits the European Union. The agreement is similar to one...
UK Prime Minister’s Party Opposes Brexit Deal, as Uncertainty Hits Economy
Jan 4 2019 // British Prime Minister Theresa May’s bid to push her Brexit plans through parliament was dealt another blow on Friday when a survey showed most of her own party’s members oppose the agreement and would prefer...
Chubb European Group Completes Redomicile to France in Preparation for Brexit
Jan 2 2019 // Chubb European Group announced it has redomiciled its businesses from London to France, effective Jan. 1, consistent with its previously announced Brexit preparations. The move, which was approved by regulators in July...
3 Men Convicted in Britain of Murder During Insurance Fraud
Dec 31 2018 // Three men in Britain have been found guilty of murdering five people in an explosion as part of a plot to claim over 300,000 pounds ($380,000) from an insurance policy. Arkan Ali, Hawkar Hassan and Aram Kurd were convicted...
Obstacles to May’s Brexit Deal Can Be Overcome with EU Clarification: UK Minister
Dec 28 2018 // Prime Minister Theresa May’s Brexit deal can be passed by the British parliament if the European Union provides clarification that the Northern Irish “backstop” will be temporary, foreign minister Jeremy...
Uber Pledges to Fight UK Court Decision that Drivers Should Be Treated as Workers
Dec 27 2018 // Uber pledged [on Dec. 19] to challenge a U.K. Court of Appeal decision that drivers should be classed as workers rather than self-employed employees, a verdict that has potentially wide-ranging implications for the rapidly...
UK Business Confidence Sinks as Risk of No-Deal Brexit Grows: Report
Dec 27 2018 // Business leaders’ confidence in the British economy has sunk to its lowest level in more than 18 months as the risk of a no-deal Brexit in a little over three months grows, the Institute of Directors (IoD) said on...
U.S. Signs Agreement with UK Covering lnsurance Regulation Post-Brexit
Dec 21 2018 // As they previously announced they would do, the U.S. Treasury and U.S. Trade Representative have officially signed an agreement with the United Kingdom to provide insurance regulatory continuity after the country exits the...
London’s Gatwick Airport Reopens After Drones Cause 36 Hours of Travel Chaos
Dec 21 2018 // London’s Gatwick Airport reopened on Friday after a saboteur wrought 36 hours of travel chaos for over a hundred thousand Christmas travelers by using drones to play cat-and-mouse with police snipers and the...
Most UK Insurers, Banks, Financial Firms Will Lose EU Access with No-Deal Brexit
Dec 20 2018 // Most banking, insurance and other financial firms in Britain would be cut off from the European Union if there is a no-deal Brexit, the bloc’s executive body said on Wednesday. Financial services are Britain’s...
London’s Gatwick Airport Suspends Flights on Multiple Drone Sightings
Dec 20 2018 // London’s Gatwick airport is closed to aircraft following multiple sightings of illegal drones, disrupting flights for as many as 115,000 people on one of the busiest travel days of the year. Lines of passengers...
Britain Begins to Ramp Up Planning for No-Deal Brexit
Dec 18 2018 // Britain will begin to put into place plans for an exit from the European Union without any deal in place, with the public and businesses told to prepare now for the eventuality, Prime Minister Theresa May’s spokesman...
Reports Call for Reducing Big 4 Accounting Firms’ Dominance in British Company Audits
Dec 18 2018 // Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ books, two government-requested reports said on...
UK Fintech Startup Revolut Gets EU Banking License in Lithuania
Dec 13 2018 // Revolut, the London-based financial technology startup, has obtained a European banking license as Brexit looms, with plans to launch checking and savings accounts as well as retail and business lending. The Bank of...
UK Prime Minister Survives Confidence Vote but Party Is Bitterly Divided
Dec 12 2018 // Prime Minister Theresa May survived a confidence vote from her Conservative party on Wednesday, but more than a third of her lawmakers said she was no longer the right leader to implement Britain’s exit from the...
Brexit to Cause Irreversible Damage to UK Financial Services, Say Industry Leaders
Dec 12 2018 // Life in London’s financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions of an exodus of high-flyers to rival centers like Paris, Frankfurt and...
Brexit Uncertainties Heighten as UK Prime Minister Faces Vote of No Confidence
Dec 12 2018 // Theresa May will fight for her job as British prime minister after being told she will face a vote of no confidence in her leadership, throwing the U.K. into fresh turmoil and Brexit into disarray. “I will contest...
U.S. Intends to Sign Post-Brexit Insurance Pact with Britain
Dec 11 2018 // The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and continuity...
