The UK government is rushing to outline a proposed power to overrule the City of London’s financial regulators, as it...
Bank of England News

Turning the City – London’s financial district – into a “Wild West“ to attract more business after Brexit would be...

The Bank of England said on Thursday it had fined insurer MS Amlin Underwriting Ltd (MSAUL) 9.695 million pounds ($10.84...

A plan to give the British government power to override watchogs would raise “serious concerns” about the ability of regulators...

Reforming European Union insurance rules to release billions of pounds of capital is a key part of the UK government’s...

Britain’s new Prime Minister Liz Truss promised to “unshackle” the City of London to fuel growth, but crashing the bond...

The Bank of England’s new objective of helping the financial sector remain globally competitive should not encourage risky bets on...

After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the...

Liz Truss, the front-runner to become Britain’s next prime minister, wants to examine the roles of the country’s three financial...

Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England...