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...
Half a Million UK Workers Drop Out of Workforce Citing Long-Term Illness, Mental Health Problems November 14, 2022 By Suban Abdulla The number of people who have dropped out of Britain’s job market since 2019 and who now cite a long-term...
Tech Update: Canopius to Launch Tech and Data Hub in UK November 3, 2022 Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK....
Road Accidents Jump 22% During Week After Clocks Go Back November 1, 2022 Claims for road accidents in the UK jumped by over a fifth (22%) in the week after the clocks went...
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...
Brexit Results in ‘Substantial Negative Impact’ on Trade Between UK and EU: Report October 19, 2022 By Morwenna Coniam Brexit resulted in a “substantial negative impact” for trade in both directions between the European Union and the UK, according...