Latest Brexit Headlines
All the headlines from our Brexit Topic Page, ordered by recency.
UK ‘Just Getting Started’ on Post-Brexit Boost to London’s Competitiveness: Minister
Dec 1 2022 // Britain is just at the beginning of post-Brexit efforts to keep London a top global financial center, but deregulation will be selective to ensure high standards are kept, financial services minister Andrew Griffith said...
Is Britain Starting to Have Second Thoughts About Brexit?
Nov 23 2022 // Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. More than six years after voting to leave the European Union, the UK is facing a prolonged recession, a deep cost-of-living...
Zurich Insurance Plc Plans to Redomicile From Ireland to Germany in Post-Brexit Move
Nov 22 2022 // Zurich Insurance Plc (ZIP), the Dublin-based wholly owned subsidiary of Zurich Insurance Group, plans to relocate to Germany as a result of the UK’s exit from the European Union. Since the Irish unit includes the...
UK Insurers Provide Test Case for Post-Brexit ‘Unshackling’ From EU Capital Rules
Nov 17 2022 // The British government and the Bank of England are reforming insurers’ capital rules, seen as a post-Brexit test of UK willingness to “unshackle” the City of London after leaving the European...
Bank of England Chief Questions Government Plan for Post-Brexit Financial Rules
Nov 17 2022 // Bank of England Governor Andrew Bailey took the British government to task on Wednesday over its plan to give itself veto powers over post-Brexit financial rules written by independent regulators, including the central...
Brexit Results in ‘Substantial Negative Impact’ on Trade Between UK and EU: Report
Oct 19 2022 // Brexit resulted in a “substantial negative impact” for trade in both directions between the European Union and the UK, according to Ireland’s Economic and Social Research Institute. Trade from UK to the...
UK Market Turmoil Threatens Plans for Post-Brexit Reforms for Insurers
Oct 6 2022 // Reforming European Union insurance rules to release billions of pounds of capital is a key part of the UK government’s program to boost the economy. The market turmoil unleashed by the mini-budget may make such...
Britain’s Proposed Post-Brexit Financial Reform Explained
Aug 12 2022 // Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules since leaving the European Union. Approval of what is the biggest...
London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain
Jul 25 2022 // London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game — that is the warning from Mark Austin, the latest person charged with sprucing up the...
Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry
Jul 21 2022 // Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as it sidesteps calls to cut taxes on banks or ease curbs on hiring foreign staff...
Britain Initiates Post-Brexit ‘Transformation’ of Financial Services
Jul 20 2022 // British financial regulators will have to promote the global competitiveness of the country’s financial sector, though a plan for more government oversight of their work has been put on hold for now, finance minister...
New UK Finance Minister Targets Flexibility of Post-Brexit Financial Regs, Solvency II
Jul 19 2022 // Britain’s government must focus on sound public finances and avoid further fueling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to say in his first major speech on Tuesday. Zahawi will...
UK Regulator May Lack Bandwidth to Push Post-Brexit Competitiveness: Policymaker
Jul 19 2022 // The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive global financial center, a policymaker designate said on Monday. Britain’s government is due...
UK Government Chaos Sparks Fears in City of London of More Post-Brexit Limbo
Jul 7 2022 // City of London executives have expressed anxiety that the turmoil rocking the UK government may delay or derail post-Brexit reforms aimed at boosting competition and growth. The resignations of Chancellor Rishi Sunak and...
Parliament Cautions Regulators: UK Finance, Insurance Yet to Feel Full Brexit Impact
Jun 24 2022 // Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance...
UK Should Avoid Hasty Financial Services Reforms Following Brexit: Lawmakers
Jun 23 2022 // Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance...
UK Lawmakers Warn About Watering Down Post-Brexit Financial Regulation
Jun 16 2022 // Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules to boost London’s competitiveness, or stray from global standards, a UK parliamentary...
Britain Proposes Post-Brexit Relaxation of Solvency II Capital Rules for Insurers
Apr 28 2022 // Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government said would increase investments in long-term infrastructure. Britain inherited rules...
Why Post-Brexit Britain Is Economically Isolated, Vulnerable and Running on Fumes
Oct 4 2021 // Lines of cars snake from gasoline stations. Fights break out among angry motorists trying to get fuel. Grocery staples are out of stock on store shelves. A charity warns that doubling heating bills will force a million...
Analysis: A Divided London? City Tackles Brexit With Twin-Track Finance Revamp
Sep 3 2021 // High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. The City, as London’s traditional financial...
