Bank of England Chief Questions Government Plan for Post-Brexit Financial Rules November 17, 2022 Bank of England Governor Andrew Bailey took the British government to task on Wednesday over its plan to give itself...
UK Government in Advanced Talks With Regulators on Insurance Capital Reforms November 16, 2022 By Katherine Griffiths The UK government is close to an agreement with regulators over insurance capital reforms intended to release billions of pounds...
UK Government Rushes to Outline Proposed Power to Overrule Financial Regulators November 14, 2022 By Katherine Griffiths The UK government is rushing to outline a proposed power to overrule the City of London’s financial regulators, as it...
Financial Services Executives Toast City of London’s Prospects Under PM Sunak October 31, 2022 By Katherine Griffiths and Joe Mayes When senior figures from the City of London gathered for a dinner in July at the historic Mansion House, they...
Bank of England and City of London Square Off Over Financial Services’ Reforms October 19, 2022 By Huw Jones A plan to give the British government power to override watchogs would raise “serious concerns” about the ability of regulators...
UK Market Turmoil Threatens Plans for Post-Brexit Reforms for Insurers October 6, 2022 By Katherine Griffiths Reforming European Union insurance rules to release billions of pounds of capital is a key part of the UK government’s...
UK Bond Market Crash Takes Shine Off Plans to ‘Unshackle’ City of London October 4, 2022 By Huw Jones Britain’s new Prime Minister Liz Truss promised to “unshackle” the City of London to fuel growth, but crashing the bond...
Bank of England Won’t Take ‘Risky Bets’ to Boost City of London’s Competitiveness September 27, 2022 By Huw Jones The Bank of England’s new objective of helping the financial sector remain globally competitive should not encourage risky bets on...
UK Government to Pursue ‘Big Bang 2’ Reforms for City of London: New Chancellor September 8, 2022 By Katherine Griffiths Kwasi Kwarteng, the UK’s new chancellor of the exchequer, said the government will pursue sweeping financial reforms to unleash growth...
London’s Financial Services Firms See Potential in Liz Truss’ ‘Radical’ Policies September 1, 2022 By Katherine Griffiths After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the...