Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
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...
Britain’s Largest Pub Group Launches Billion-Dollar Suit over COVID-Related BI Claim
Jul 20 2021 // Britain’s largest pub group, Stonegate Pub Group Co., sued three insurers for 846 million pounds ($1.2 billion) over losses it suffered after being forced to shut during the coronavirus pandemic. Owned by TDR...
Update: Britain Unveils Blueprint to ‘Sharpen’ London’s Post-Brexit Competitive Edge
Jul 1 2021 // Britain’s finance minister pledged on Thursday to “sharpen” the competitive advantage of the UK financial services sector as he set out his vision for its future after the City of London lost business to...
Google Vows to Target Online Financial Scams in Britain
Jun 30 2021 // Google will clamp down on financial fraud on its platform in Britain, saying on Wednesday that all financial services will need to be verified by the regulator before they can advertise. Britain’s financial watchdog...
Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism
Jun 16 2021 // Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on Tuesday urged the bloc to avoid protectionism. Britain left the EU in December, largely...
West Virginia Governor Hit by U.K. Lender Bankruptcy
Jun 3 2021 // West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by his coal companies from a lender in the United Kingdom that went bankrupt. The Republican governor took...
Britain’s Financial Services Sector ‘Not Optimistic’ About Getting Access to EU Markets
May 14 2021 // Britain’s financial services sector won’t get access to the European Union’s markets for the foreseeable future following Brexit, industry officials said on Thursday as a row with France simmers. Britain...
Britain’s Financial Regulator Opens Investigation Into Greensill Collapse
May 11 2021 // Britain’s Financial Conduct Authority said on Tuesday it was formally investigating the UK operations of collapsed supply chain finance company Greensill as part of global probes. “We are also cooperating with...
Block Britain From Cross-Border Court Pact, Says EU
May 5 2021 // Britain should not join a cross-border accord for recognizing courts and their rulings, the European Commission recommended on Tuesday, in a move which British business leaders fear could rachet up costs for smaller...
Impact of Brexit on City of London Is Worse than Expected: Study
Apr 16 2021 // LONDON – Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in assets to hubs in the European Union due to Brexit, with more pain to come, a study from New...
Confidence Among UK CFOs Hits Record High, Helped by Vaccinations, Brexit Hopes
Apr 12 2021 // Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country’s coronavirus vaccinations and hopes for less Brexit disruption, a survey of chief finance...
Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier
Mar 30 2021 // LONDON – Britain should not be “short-sighted” and copy European Union rules just to keep financial activity in London, Bank of England executive director for financial stability Alex Brazier said on...
What Has Changed After Brexit for London’s Financial Center?
Mar 29 2021 // LONDON — Britain and the European Union agreed a new post-Brexit financial services pact on Friday that will allow them to cooperate on regulation but does little to improve the City of London’s access to the...
Britain Proposes Requiring Large Firms to Disclose Climate Financial Risks by 2022
Mar 24 2021 // Britain launched a public consultation on Wednesday on proposals to require large companies as soon as 2022 to disclose the financial risks they face from climate change. The business ministry said disclosures should be in...
Britain Says Financial Services Agreement With EU Should Come Soon
Mar 18 2021 // Britain expects to seal a financial services cooperation pact with the European Union shortly, a senior finance ministry official told a conference on challenges from market fragmentation. The City of London’s ties...
EU Threatens to Ban COVID Vaccine Exports to Britain
Mar 18 2021 // BRUSSELS – The European Union threatened on Wednesday to ban exports of COVID-19 vaccines to Britain to safeguard scarce doses for its own citizens facing a third wave of the pandemic that would jeopardize plans to...
Britain Targets Big 4 Auditors, Company Directors With Reform Proposals
Mar 18 2021 // Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud after the collapses of retailer BHS and builder Carillion. Directors...
Britain Must Think ‘Creatively’ About Keeping London Competitive for Financial Services
Mar 3 2021 // Brexit starts a new chapter for Britain to think “creatively” about keeping the UK an attractive location for international financial services companies, Britain’s finance minister Rishi Sunak told the...
Post-Brexit Exodus of Staff and Assets from London to EU Slows
Mar 2 2021 // LONDON – The shift in financial staff and assets from the City of London to the European Union because of Brexit has eased after Britain completed its full departure from the bloc, a tracker from consultants EY showed on...
Britain Reviews Rulebooks to Keep Financial Services Sector Competitive After Brexit
Feb 25 2021 // Britain is conducting a review of its financial rulebooks and policies to see how it can keep its 130 billion pound ($184 billion) finance sector competitive after Brexit left it largely cut off from the European...
