Insurer Fortegra Launches Subsidiary in UK December 4, 2024 The Fortegra Group Inc., the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received regulatory approval...
UK Business Activity Set to Shrink in Wake of Budget, CBI Says December 3, 2024 Business activity in the UK is on course to shrink for the first time in more than two years as...
Bank of England Finds Non-Bank Financial Firms Pose Wider Risks in Crisis Periods December 2, 2024 Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able...
UK Employers Warn Tax Rise Will Hit Investment and Pay November 25, 2024 By David Milliken British employers have been caught off guard by a 25 billion-pound ($31 billion) tax rise at last month’s budget and...
Crisis-Era Regulation Has ‘Gone Too Far,’ Reeves Tells Finance Sector November 15, 2024 By Sinead Cruise Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain’s “crown jewel” financial industry which she said...
London Protesters Demand Water Companies Clean Up Sewage-Tainted Rivers November 5, 2024 Holding signs with slogans including “stop the plop” and “species not feces,” thousands of people marched in London on Sunday...
UK’s Reeves Raises Employers’ National Insurance Contributions October 30, 2024 By David Milliken and Elizabeth Piper Finance minister Rachel Reeves said on Wednesday she would raise employers’ social security contributions to 15% from April, a major...
Markets/Coverages: Coalition Launches UK Clawback Service to Recover Money Stolen in Cyber Attacks October 18, 2024 Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, has become the first cyber insurance provider in the...
City of London Chief Says Brexit ‘Disaster’ Cost 40,000 Finance Jobs October 16, 2024 By John O'Donnell, Elisa Martinuzzi and Andy Bruce Britain’s departure from the European Union cost London’s financial center about 40,000 jobs, the Lord Mayor of the City of...
Economic Challenges, Cyber, and People Risks Top UK Businesses’ Concerns: Marsh October 11, 2024 Economic and financial challenges (43%), cyber threats (39%) and people-related risks (38%) are the top three concerns facing UK businesses...