LONDON — British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd’s of London insured many of those vessels, the people chained below deck sometimes categorized as “perishable goods”, alongside cattle, by the market’s underwriters. Lloyd’s …
LONDON — There’s no free lunch in finance – except when banks are wooing workers back to the office. London’s financial sector, keen to return to a semblance of normality after the worst of the pandemic, is leading the charge …
London will remain a leading global financial center despite uncertainty over regulation due to Brexit, Lloyds Bank’s annual sentiment survey of financial firms showed on Monday. Britain fully left the European Union, its biggest single export customer, in December last …
High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. The City, as London’s traditional financial heartland is known, has retained little …
LONDON — Shortly after Britain left the European Union, finance minister Rishi Sunak pledged a series of measures he dubbed “Big Bang 2.0” to ensure the City of London remained one of the world’s top financial centers. Four months on, …
Amsterdam has displaced London as Europe’s biggest share trading center after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday. Stock exchanges in the …
New York once again has bragging rights as the world’s leading financial center, having reclaimed the title from London where Brexit continues to cast a shadow of uncertainty over the UK economy. However, the Big Apple ought to be worried …
New York has replaced London as the world’s top financial center as Brexit saps the confidence of U.K. industry professionals, according to a survey. Britain’s capital fell to second place in the Global Financial Centres Index published Wednesday by research …
Financial services will remain a “guiding light” for Britain’s economy after Brexit and there is no intention to “rip up the rulebook” to compete better as a top financial center, a government minister said on Tuesday. “My priority is to …
If the UK exits the European Union, it could wreck London’s position as the only financial center to rival New York and isolate the country’s economy, research ordered by a lobby group for banks and money managers concluded. Prime Minister …
