Rishi Sunak News

Investors Put UK Election Winner Labour on Credibility Watch

Big investors are warming to Britain after a landslide election win for its new Labour government but remain wary of placing long term bets until Prime Minister Keir Starmer can convince them his economic growth plans are credible. Sterling GBP=D3, …

Financial Services Executives Toast City of London’s Prospects Under PM Sunak

When senior figures from the City of London gathered for a dinner in July at the historic Mansion House, they broke into applause for someone who was not there. John Glen had just resigned as the government’s City minister, citing …

Bankers Call for More ‘Bang’ to Boost London’s Competitiveness

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, …

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 …