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...
Making London’s Financial Center a ‘Wild West’ Would Be Self-Defeating: BoE’s Woods October 28, 2022 By Huw Jones Turning the City – London’s financial district – into a “Wild West“ to attract more business after Brexit would be...
Britain’s Financial Services Execs Hope Sunak Can Steady the Ship After Market Chaos October 26, 2022 By Iain Withers, Lawrence White and Huw Jones After seven weeks in which Britain’s reputation for financial credibility has been rocked by political missteps, senior finance executives have...
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...
UK Insurers, Banks Told to Do More to Help Customers Struggling With Cost of Living September 29, 2022 By Huw Jones Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more to help customers struggling with a...