UK Struggles to Adapt to Impact of Climate Change June 18, 2021 By Jessica Shankleman The UK is struggling to put in place adequate measures to deal with rising sea levels and warmer temperatures caused...
Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism June 16, 2021 By Huw Jones Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on...
Bank of England Launches Climate Change Stress Test for Insurers, Banks June 8, 2021 By Huw Jones The Bank of England on Tuesday set out its first comprehensive stress test of the ability of the British financial...
Insurer Aviva Will Close 3 UK Property Funds Hit by Pandemic Economic Turmoil May 20, 2021 Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year...
London’s ‘Golden Age’ as Europe’s Financial Center Has Ended: NatWest Chair May 20, 2021 By Huw Jones The City of London’s ‘Golden Age’ as Europe’s financial capital is over following Brexit, but it will remain a major...
Britain’s Financial Services Sector ‘Not Optimistic’ About Getting Access to EU Markets May 14, 2021 By Huw Jones Britain’s financial services sector won’t get access to the European Union’s markets for the foreseeable future following Brexit, industry officials...
Insurers Warn that Drivers May Not Understand Limits of ‘Automated’ Car Technology April 21, 2021 By Nick Carey, Paul Lienert and Tina Bellon LONDON – Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell...
UK Car Insurance Premiums Drop to Lowest Level Since 2015: WTW Survey April 20, 2021 The cost of a comprehensive car insurance policy in Britain slumped 14% in the first quarter of 2021, to their...
Impact of Brexit on City of London Is Worse than Expected: Study April 16, 2021 By Huw Jones LONDON – Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in...
UK Space Industry Aims to Remove Dangerous Space Junk from Orbit April 16, 2021 By Thomas Pfeiffer and Thomas Seal A defunct satellite spent early April hurtling through space toward the body of an old rocket, threatening a collision that...