Articles by Alex Morales, Alessandra Migliaccio and Alberto Nardelli

UK Pushes G-7 Countries to Adopt Mandatory Climate Reporting for Big Companies

UK Chancellor of the Exchequer Rishi Sunak is pushing the Group of Seven (G-7) economies to impose mandatory reporting of environmental risks on their big companies, people familiar with the matter said. Under the proposals, the biggest companies would report …

UK to Set Up Green Finance Hubs to Encourage Banks, Insurers to Invest in Renewables

The UK will set up green finance hubs in Leeds and London as part of efforts to encourage lenders and insurers to invest in renewable energy and sustainable agriculture. The two cities will host the new UK Centre for Greening …

UK Chancellor Sunak Seeks Deeper UK Insurance, Banking Ties with Switzerland

UK Chancellor of the Exchequer Rishi Sunak will hold talks with his Swiss counterpart on Wednesday as the two countries seek to deepen financial services ties in the wake of Brexit. The virtual discussions with Federal Councilor Ueli Maurer will …

UK Plans to Spend $6.6 Billion on Building Flood Defenses Through 2027

Prime Minister Boris Johnson proposed 5.2 billion pounds ($6.6 billion) of spending on flood defenses through 2027 as his government seeks to protect hundreds of thousands of British homes. Under the plan, billed as “the most comprehensive in a decade,” …

A Divided Britain Must Now Seek New Identity Outside European Union

At 10 a.m. inside Aux Merveilleux de Fred, a patisserie in the heart of London’s French quarter, the air is thick with the aroma of butter. Aicha Boubakri, 30, is arranging neat rows of pastel-colored cream pastries in front of …

Brexit Talks Stall as EU Leaders Cast Doubt on Reaching Deal by Oct. 31

Prospects of a Brexit deal faded after talks between the two sides stalled and European leaders cast doubt on reaching an agreement in time for Oct. 31. French President Emmanuel Macron and Irish Prime Minister Leo Varadkar both signaled they …

UK Business Executives Grow Increasingly Angry at Brexit Deadlock

There are only so many ways U.K. business chiefs can express their dismay at the Brexit deadlock engulfing the country. Frustration at politicians has morphed into outright anger in the three years since the referendum on leaving the European Union …

Threat of No-Deal Brexit Isn’t Likely to Win EU Concessions: UK Business Chief

Threatening to leave the European Union without a deal isn’t likely to win Britain concessions from the bloc, the country’s biggest business group said in a warning to candidates jostling to succeed Prime Minister Theresa May. “I’ve never felt it …

Here’s How 11 Tory Contenders for UK Prime Minister Plan to Fix Brexit

Eleven Conservatives are in the running to succeed Theresa May as U.K. prime minister. Each has their own vision of how to fix Brexit, and their views are so divergent that whoever wins will struggle to unite the party around …

UK Business Group Warns Next Tory Party Leader to Avoid No-Deal Brexit

Prime Minister Theresa May’s successor must avoid a no-deal Brexit or risk losing the Conservatives’ moniker as the party of commerce, the U.K.’s biggest business lobby group said. The task facing the next prime minister is to “restore the U.K.’s …