Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
UK Government Chaos Sparks Fears in City of London of More Post-Brexit Limbo
Jul 7 2022 // City of London executives have expressed anxiety that the turmoil rocking the UK government may delay or derail post-Brexit reforms aimed at boosting competition and growth. The resignations of Chancellor Rishi Sunak and...
Parliament Cautions Regulators: UK Finance, Insurance Yet to Feel Full Brexit Impact
Jun 24 2022 // Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance...
UK Should Avoid Hasty Financial Services Reforms Following Brexit: Lawmakers
Jun 23 2022 // Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance...
UK Lawmakers Warn About Watering Down Post-Brexit Financial Regulation
Jun 16 2022 // Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules to boost London’s competitiveness, or stray from global standards, a UK parliamentary...
Britain Aims to Bolster Competitiveness in Financial Services With Nimbler Regulation
May 10 2022 // Britain said on Tuesday it will require its regulators to help the City of London remain a globally competitive financial center after being largely cut off from the European Union due to Brexit. The government outlined...
Britain Proposes Post-Brexit Relaxation of Solvency II Capital Rules for Insurers
Apr 28 2022 // Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government said would increase investments in long-term infrastructure. Britain inherited rules...
Britain to Write Rules Forcing Companies to Publish Plans for Net Zero Transition
Apr 25 2022 // Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from next year for transitioning to a net zero economy by 2050. Last November at the COP26 UN Climate...
Britain Unveils New Aviation Sanctions Against Russia
Mar 9 2022 // Britain unveiled new aviation sanctions on Wednesday which give the power to detain any Russian aircraft and banning exports of aviation or space-related goods to Russia, saying it had already impounded one plane. The...
IMF Warns Britain About Relaxing High Regulatory Standards for Insurers, Banks
Feb 23 2022 // A push to make London more attractive as a global financial center after Brexit must not threaten high standards of solvency and behavior at banks, insurers and markets, the International Monetary Fund said on...
UK to Ease Solvency II Insurance Capital Rules to Unlock ‘Billions of Pounds’
Feb 22 2022 // Britain will unlock “tens of billions of pounds” of insurance sector capital that should boost the economy through infrastructure investment, financial services minister John Glen said on Monday. The...
Storm Eunice Batters Britain and Ireland With Record Winds Hitting 122 Mph
Feb 18 2022 // An Atlantic storm battered Britain and Ireland on Friday with record winds of up to 122 miles per hour, killing at least one person, knocking out power for tens of thousands and shredding the roof of London’s O2...
UK Braces for ‘Storm Eunice’ and Hurricane-Strength Gusts on Friday
Feb 17 2022 // Britain’s Met Office issued a rare red weather warning for parts of the UK, saying hurricane-strength gusts of 90 miles (145 kilometers) an hour are set to hit the country on Friday. The weather service said the most...
Gangs Now Arbitrate Payment Disputes as Ransomware Growth Continues
Feb 14 2022 // Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new report by the United...
Banks Warned to Prepare for Possible Russian-Sponsored Cyber Attack
Feb 9 2022 // FRANKFURT/LONDON – The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the...
Britain Names Lloyd as Interim Chair of Financial Conduct Authority at ‘Pivotal Time’
Feb 7 2022 // Britain’s finance ministry said on Friday that Richard Lloyd had been appointed interim chair of the Financial Conduct Authority from June at a “pivotal” time for the watchdog as it faces internal and...
Why Post-Brexit Britain Is Economically Isolated, Vulnerable and Running on Fumes
Oct 4 2021 // Lines of cars snake from gasoline stations. Fights break out among angry motorists trying to get fuel. Grocery staples are out of stock on store shelves. A charity warns that doubling heating bills will force a million...
Britain Looks to Revisit Data Privacy Regulations
Sep 10 2021 // Britain said it would overhaul its data protection regulator to help strengthen economic growth and better protect the public, giving authorities scope to impose tougher penalties and fines for nuisance calls and text...
Analysis: A Divided London? City Tackles Brexit With Twin-Track Finance Revamp
Sep 3 2021 // High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. The City, as London’s traditional financial...
Britain Launches $1 Billion Reinsurance Scheme to Cover Music Festivals
Aug 6 2021 // Britain launched a government-backed reinsurance scheme totaling more than 750 million pounds ($1 billion) on Thursday to cover live events against cancellation risk due to the COVID-19 pandemic, after intense industry...
Chronic Scarcity of UK Workers Blamed on COVID and, of Course, Brexit
Aug 3 2021 // On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion. There are two large banners pinned to the perimeter fence with a mobile phone number: “Bricklayers...