UK’s Solvency II Reforms Could Open Door to Share-Buyback Bonanza for Insurers August 5, 2022 By Alex Morales and William Shaw Insurers would potentially be able to use billions of pounds of expected gains from a relaxation of capital rules for...
Banks, Asset Managers, Representing 40% of World’s Assets, Vow to Meet Climate Goals November 3, 2021 By Tom Metcalf and Alex Morales Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out...
As UK Eases COVID Rules, Businesses Concerned About Legal Liability July 6, 2021 By Alex Morales Businesses have been been clamoring for the government to finally reopen the UK economy. Now that face masks and social...
UK Pushes G-7 Countries to Adopt Mandatory Climate Reporting for Big Companies May 20, 2021 By Alex Morales, Alessandra Migliaccio and Alberto Nardelli UK Chancellor of the Exchequer Rishi Sunak is pushing the Group of Seven (G-7) economies to impose mandatory reporting of...
UK to Set Up Green Finance Hubs to Encourage Banks, Insurers to Invest in Renewables February 19, 2021 By Alex Morales The UK will set up green finance hubs in Leeds and London as part of efforts to encourage lenders and...
UK Chancellor Sunak Seeks Deeper UK Insurance, Banking Ties with Switzerland January 28, 2021 By Alex Morales UK Chancellor of the Exchequer Rishi Sunak will hold talks with his Swiss counterpart on Wednesday as the two countries...
UK Plans to Spend $6.6 Billion on Building Flood Defenses Through 2027 July 14, 2020 By Alex Morales Prime Minister Boris Johnson proposed 5.2 billion pounds ($6.6 billion) of spending on flood defenses through 2027 as his government...
A Divided Britain Must Now Seek New Identity Outside European Union January 31, 2020 By Olivia Konotey-Ahulu, Alex Morales and Thomas Penny At 10 a.m. inside Aux Merveilleux de Fred, a patisserie in the heart of London’s French quarter, the air is...
Brexit Talks Stall as EU Leaders Cast Doubt on Reaching Deal by Oct. 31 October 7, 2019 By Alex Morales Prospects of a Brexit deal faded after talks between the two sides stalled and European leaders cast doubt on reaching...
UK Business Executives Grow Increasingly Angry at Brexit Deadlock June 17, 2019 By Alex Morales and Joe Mayes There are only so many ways U.K. business chiefs can express their dismay at the Brexit deadlock engulfing the country....