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...
Cyber MGA Coalition Launches in UK Insurance Market September 6, 2022 Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a...
New UK Prime Minister Promises to ‘Unshackle’ City of London September 6, 2022 By Huw Jones Liz Truss becomes Britain’s prime minister on Tuesday after a campaign in which she promised to “really unshackle” the City...
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...
Front Runner to Be Next UK PM Wants to Review Financial Watchdogs’ Roles: Source August 18, 2022 By Elizabeth Piper and Huw Jones Liz Truss, the front-runner to become Britain’s next prime minister, wants to examine the roles of the country’s three financial...
Weakening UK Regulators Would Undermine Financial Services, Bank of England Warns August 12, 2022 Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England...
Britain’s Proposed Post-Brexit Financial Reform Explained August 12, 2022 By Huw Jones Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules...
UK’s Aviva Gives Lower-Paid Staff £1,000 to Help Pay Soaring Energy Bills August 11, 2022 By Will Louch and Dani Burger UK insurer Aviva Plc is the latest financial firm to give some of its staff a one-time payment to help...
Litigation Funders Are Fueling a Rise in UK Class Actions August 10, 2022 By Katharine Gemmell Financiers are helping to fuel a rise in U.S.-style class-action lawsuits in the UK courts, lured by the promise of...
UK Financial Services Firms Suffer From Record Skills Shortage August 10, 2022 By Olivia Fletcher UK finance firms are struggling with its worst job vacancy rates on record, underlining the skills shortage caused by digitization...