UK’s Solvency II Reforms Could Open Door to Share-Buyback Bonanza for Insurers August 5, 2022 By Alex Morales and William Shaw Insurers would potentially be able to use billions of pounds of expected gains from a relaxation of capital rules for...
UK Motor Insurer Direct Line to Raise Premiums After H1 Profit Hit August 2, 2022 By Carolyn Cohn British motor insurer Direct Line is raising premiums after higher claims hit its first-half profits, as the company feels the...
London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain July 25, 2022 By Swetha Gopinath and Katherine Griffiths London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game...
Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry July 21, 2022 By Huw Jones and Sinead Cruise Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as...
Britain Initiates Post-Brexit ‘Transformation’ of Financial Services July 20, 2022 By Huw Jones British financial regulators will have to promote the global competitiveness of the country’s financial sector, though a plan for more...
UK Regulator Pushes Insurers to Cut Premiums for Fire-Risk Apartments July 19, 2022 By Katherine Griffiths and Jack Sidders Thousands of people living in high-rise apartments in Britain are set to get better deals on their property insurance following...
New UK Finance Minister Targets Flexibility of Post-Brexit Financial Regs, Solvency II July 19, 2022 By David Milliken Britain’s government must focus on sound public finances and avoid further fueling inflation by pumping up demand, new finance minister...
UK Regulator May Lack Bandwidth to Push Post-Brexit Competitiveness: Policymaker July 19, 2022 The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive...
Nearly Half of UK Black Professionals Plan to Leave Their Jobs July 18, 2022 By Olivia Konotey-Ahulu Almost half of Black employees are planning to leave their jobs in the near future, resenting the lack of fairness...
UK Government Chaos Sparks Fears in City of London of More Post-Brexit Limbo July 7, 2022 By Katherine Griffiths, William Shaw and Harry Wilson City of London executives have expressed anxiety that the turmoil rocking the UK government may delay or derail post-Brexit reforms...