City of London Chief Says Brexit ‘Disaster’ Cost 40,000 Finance Jobs October 16, 2024 By John O'Donnell, Elisa Martinuzzi and Andy Bruce Britain’s departure from the European Union cost London’s financial center about 40,000 jobs, the Lord Mayor of the City of...
Fresh Appetite for Risk Can Help Arrest Britain’s Downward Spiral, Think Tank Says October 11, 2024 By Kirstin Ridley Britain’s decade-long economic downward spiral could be reversed with a fresh appetite for risk that might help boost annual investment...
UK’s Post-Brexit Access to EU Financial Markets Still Unclear, EU Official Says July 19, 2023 By Huw Jones It is too early to tell if Britain’s financial rules post-Brexit will diverge too far from European Union norms to...
UK Pension Funds Back Next Phase of Post-Brexit Shakeup in City of London July 11, 2023 By Huw Jones Aviva, Legal & General and seven other pension firms intend to invest 50 billion pounds ($64 billion) in unlisted companies...
Insurer Capital Rule Changes in UK to Start by End of 2023, Finance Ministry Says June 22, 2023 By Huw Jones Britain’s finance ministry said on Thursday that the first batch of post-Brexit reforms to “Solvency II” capital rules for insurers,...
UK ‘Just Getting Started’ on Post-Brexit Boost to London’s Competitiveness: Minister December 1, 2022 By Huw Jones Britain is just at the beginning of post-Brexit efforts to keep London a top global financial center, but deregulation will...
Is Britain Starting to Have Second Thoughts About Brexit? November 23, 2022 By Ellen Milligan, Alex Wickham and Philip Aldrick Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. More than six...
IMF Warns Britain About Relaxing High Regulatory Standards for Insurers, Banks February 23, 2022 By Huw Jones A push to make London more attractive as a global financial center after Brexit must not threaten high standards of...
Chronic Scarcity of UK Workers Blamed on COVID and, of Course, Brexit August 3, 2021 By Jack Sidders, Deirdre Hipwell, Joe Mayes and Libby Cherry On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion....
Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism June 16, 2021 By Huw Jones Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on...