UK’s Reeves to Meet Key Financial Services Sectors January 21, 2025 British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking...
Reeves’ Pressure on UK Watchdogs Spooks Financial Crisis Veterans January 16, 2025 By Laura Noonan and Upmanyu Trivedi The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s...
One in Four UK Firms Cut Jobs After Reeves Budget, PMI Shows January 6, 2025 By Tom Rees Almost one in four British businesses cut jobs in December amid widespread pessimism over the squeeze on their finances from...
Identities of Shadow Banks That Use New BOE Tool to Remain Secret December 9, 2024 By Philip Aldrick and Greg Ritchie The Bank of England will hide the identities of any pension funds, insurers or hedge funds bailed out under a...
Accused of Going Too Far, UK Finance Regulator Plots Where to Go Next November 20, 2024 The UK’s top financial regulator has spent much of its eleven-year history in combat with the industry it oversees, a...
Crisis-Era Regulation Has ‘Gone Too Far,’ Reeves Tells Finance Sector November 15, 2024 By Sinead Cruise Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain’s “crown jewel” financial industry which she said...
UK Business Group Says Tax Clarity Needed at Budget to Support Investment October 8, 2024 By David Milliken British finance minister Rachel Reeves needs to strike a positive tone at her first budget on Oct. 30 in order...
UK Insurers Call for Rule Change to Establish Captive Insurance Regime August 19, 2024 By Katherine Griffiths Senior figures in the insurance industry are calling on the UK to restart work on a potential new market worth...
Banks, Asset Managers Warned of ‘Huge’ Fallout From UK’s New Greenwashing Law May 31, 2024 By Greg Ritchie and Frances Schwartzkopff Banks and asset managers in the UK woke up to a new reality on Friday, as the country enforces some...
Britain’s Financial Regulators Need ‘Ambitious Mindset’, Carnegie-Brown Says February 9, 2024 By Huw Jones British regulators need an “ambitious growth mindset” to implement post-Brexit financial sector reforms faster and stop business going elsewhere, an...