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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...

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