Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Britain’s Financial Regulators Need ‘Ambitious Mindset’, Carnegie-Brown Says
Feb 9 2024 // British regulators need an “ambitious growth mindset” to implement post-Brexit financial sector reforms faster and stop business going elsewhere, an industry body said on Thursday. Britain’s...
Brexit Has Cost UK More Than $178 Billion so far: London Mayor
Jan 12 2024 // Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual cost of 140 billion pounds ($178 billion) – London mayor Sadiq Khan said on Thursday, with the...
How Brexit Hobbled Britain’s Race to Space
Jan 2 2024 // Britain’s push to become a “space superpower” is being undermined by political disarray and weak domestic investment, while showing how the nation needs international partners more than ever...
UK Signs Swiss Financial Services Deal, Easing Post-Brexit Access for Insurers, Brokers
Dec 22 2023 // The UK and Switzerland signed an agreement to recognize each other’s laws and regulations in financial services, easing post-Brexit market access for firms including banks, insurers and asset managers. Chancellor of...
UK to Sign Deal Boosting City of London’s Post-Brexit Ties to Switzerland
Dec 20 2023 // The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between their respective financial centers. Chancellor of the Exchequer Jeremy Hunt will visit Bern...
Britain’s National Grid Drops China-Based Supplier Over Cyber Security Fears: FT
Dec 18 2023 // Britain’s National Grid has started removing components supplied by a unit of China-backed Nari Technology from the electricity transmission network over cyber security fears, the Financial Times reported on...
Britain’s Financial Conduct Authority Must Act Faster: National Auditor Report
Dec 8 2023 // Britain’s Financial Conduct Authority (FCA) can take too long to act and a sweeping post-Brexit internal revamp to make it nimbler will take years to complete, the National Audit Office (NAO) said in a report on...
Brexit Backer and Inventor James Dyson Loses Libel Lawsuit Against UK Newspaper
Dec 1 2023 // James Dyson, the billionaire inventor of the bagless vacuum cleaner, lost a libel lawsuit on Friday against a British newspaper publisher over a column that branded him a hypocrite who had “screwed”...
US, Britain, Other Countries Ink Agreement to Make AI ‘Secure by Design’
Nov 28 2023 // The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue...
Fewer Than 10% of CEOs in Britain’s Largest Companies Are Women
Nov 27 2023 // Even as Britain’s largest companies are hiring women in executive leadership roles at the fastest pace in five years, there’s a big hurdle to cross: they are still unlikely to be in influential roles overseeing...
Britain Proposes Diversity and Misconduct Rules for Financial Services Firms
Sep 25 2023 // Britain’s financial regulators proposed guidance on Monday for financial firms to tackle sexual harassment and bullying, along with new requirements for large banks and insurers to set targets to improve diversity...
Britain Must Not Damage Financial Services Sector Resilience: BoE’s Woods
Sep 19 2023 // Easing rules to boost the post-Brexit global competitiveness of Britain’s financial sector can only be done while maintaining a resilient financial system, Bank of England Deputy Governor Sam Woods said on...
City of London Calls for ‘Big Moves’ to Boost Post-Brexit Finance
Sep 7 2023 // The City of London called in a report on Thursday for a new council which would allow Britain’s financial sector to drive through “big moves” needed to boost the economy by 225 billion pounds ($281...
Britain to Create New Regime to Deal With Big Insurance Company Failures
Aug 7 2023 // Britain said on Wednesday [Aug. 2] it would start work on setting up new rules specially designed to prevent a big insurance company collapse from crashing the financial system. Regulators have already introduced rules to...
UK Support to Rejoin EU Passes 50% for 1st Time Since Brexit
Jul 21 2023 // More than half of Britons would vote to rejoin the European Union for the first time since the nation opted to leave the bloc seven years ago, YouGov polling showed. Some 51% of Britons told the polling company that they...
UK’s Post-Brexit Access to EU Financial Markets Still Unclear, EU Official Says
Jul 19 2023 // It is too early to tell if Britain’s financial rules post-Brexit will diverge too far from European Union norms to consider giving it access to the bloc’s markets, a senior EU official said on Tuesday. Paulina...
UK Pension Funds Back Next Phase of Post-Brexit Shakeup in City of London
Jul 11 2023 // Aviva, Legal & General and seven other pension firms intend to invest 50 billion pounds ($64 billion) in unlisted companies by 2030 to help the City of London remain a competitive global finance center after Brexit,...
UK Regulators Urged to Help Keep London Competitive, Using New Post-Brexit Remit
Jun 30 2023 // Britain’s regulators must push ahead with applying their new post-Brexit remit to help keep the country’s financial sector globally competitive, industry officials said on Thursday. After Britain’s...
Britain and EU Sign Post-Brexit Cooperation Pact in Financial Services
Jun 29 2023 // Britain and the European Union signed a long-delayed post-Brexit cooperation pact in financial services on Tuesday, but the rapprochement is unlikely to restore EU access for the City of London anytime soon. The memorandum...
UK’s Labour Vows to Make Britain a Clean Energy Superpower by 2030
Jun 19 2023 // Britain’s main opposition Labour Party on Monday pledged to turn the country into a clean energy superpower by 2030, saying it would overturn a ban on new onshore wind farms while respecting any oil and gas licenses...
