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...
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...