UK Non-Bank Institutions (Such as Insurers) Face 1st Stress Test After Pensions Turmoil December 13, 2022 By Huw Jones and David Milliken Investment funds and other non-bank financial institutions face their first “stress test” next year to apply lessons from the near-meltdown...
UK’s Post-Brexit Financial Services Reforms Fall Short of Promised ‘Big Bang’ December 12, 2022 The UK set out a package of financial services reforms that cuts across dozens of areas but fell short of...
Record UK Bird Flu Outbreak Wipes Out Half of Free-Range Turkeys December 2, 2022 A record bird flu outbreak in the UK has resulted in culling of almost half of the nation’s free-range turkeys...
UK ‘Just Getting Started’ on Post-Brexit Boost to London’s Competitiveness: Minister December 1, 2022 By Huw Jones Britain is just at the beginning of post-Brexit efforts to keep London a top global financial center, but deregulation will...
Surfers Accuse UK Water Companies of Illegally Dumping Raw Sewage November 29, 2022 By Irina Anghel Water companies illegally dumped raw sewage into the UK’s rivers at least 146 times this year, a campaign group called...
Is Britain Starting to Have Second Thoughts About Brexit? November 23, 2022 By Ellen Milligan, Alex Wickham and Philip Aldrick Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. More than six...
Cyber Risk Modeler DeNexus Opens UK Office November 22, 2022 DeNexus Inc., the Sausalito, Calif.-based provider of cyber risk modeling, has opened an office in London as part of its...
UK Government Pushes Forward With Long-Awaited Insurer Reforms November 18, 2022 By Katherine Griffiths and William Shaw After years of fraught debate between regulators, insurers and the Treasury, Jeremy Hunt confirmed Thursday that the government would push...
UK Insurers Provide Test Case for Post-Brexit ‘Unshackling’ From EU Capital Rules November 17, 2022 By Huw Jones and Carolyn Cohn The British government and the Bank of England are reforming insurers’ capital rules, seen as a post-Brexit test of UK...
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...