Latest Uk Headlines

All the headlines from our Uk Topic Page, ordered by recency.

Willis Paints COVID-19 Insurance Loss Big Picture: It’s a Wash or Historic Catastrophe

May 7 2020 // If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole may be pretty much a wash. It not, the industry may be on the verge of an historic...

Forced Payouts of Pandemic Claims Risk Insurers’ Financial Stability: Regulators

May 7 2020 // Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators said. Disputes over cover for businesses...

Two Law Firms Seek British Businesses to Join Biz Interruption Lawsuit Against Allianz

May 6 2020 // Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer Allianz for rejecting business interruption claims during the coronavirus pandemic. Edwin Coe and...

Brexit Trade Talks Back on Agenda After COVID-19 Hiatus, Facing Tight Timetable

May 1 2020 // Banks are dusting off their no-deal Brexit plans as concerns deepen that Britain and the European Union won’t agree a trade deal by December as the COVID-19 pandemic compounds fundamental disagreements over future...

Conspiracy Theorists Set Fire to Europe’s 5G Network Towers, Claiming Link to COVID-19

Apr 22 2020 // The CCTV footage from a Dutch business park shows a man in a black cap pouring the contents of a white container at the base of a cellular radio tower. Flames burst out as the man jogs back to his Toyota to flee into the...

UK Insurers, Banks Are Weathering Effects on Capital of COVID-19 Crisis: BoE’s Woods

Apr 16 2020 // Britain’s banks have enough funds to keep lending to the economy even under the deep recession scenario outlined by a government watchdog, Bank of England Deputy Governor Sam Woods said on Wednesday. The BoE has...

Coronavirus Pandemic Reveals the Science of Risk That Shapes Our Lives

Mar 31 2020 // Hours after the results of a risk model reached the public, U.K. Prime Minister Boris Johnson and U.S. President Donald Trump asked nearly 400 million people to upend their lives. A group of epidemiologists at Imperial...

Coronavirus Strikes Post-Brexit Trade Talks with Top Negotiators in Isolation

Mar 20 2020 // The coronavirus has struck at the heart of the post-Brexit trade talks between Britain and the European Union, with both sides’ top negotiators now in isolation. David Frost, the UK’s chief negotiator, is...

Not All Workers Have Same Options for Avoiding Virus

Mar 13 2020 // A barber in Beijing is supporting his wife and child by charging food and other expenses to a credit card while he waits for his employer’s shop to reopen. A waiter at a barbecue restaurant in Kansas City, Missouri,...

UK to Spend £2.5B on Road Repairs; Potholes Cause 90% of Auto Insurance Claims

Mar 11 2020 // Britain will spend an extra 2.5 billion pounds ($3.2 billion) repairing 50 million potholes in roads over the next five years, the government said ahead of new finance minister Rishi Sunak’s first budget on...

FACTBOX: Latest News on Coronavirus’ Health, Economic Impact

Mar 9 2020 // The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage. DEATHS/INFECTIONS * More than 110,000 people have been infected by the...

Smart Cameras, Baby Monitors at Risk from Hackers: UK Cyber Security Agency

Mar 6 2020 // Baby monitors and wireless cameras risk being hacked by cyber criminals unless people take security measures to protect themselves, British security experts warned on Tuesday [March 3]. Internet-connected cameras used in...

UK Financial Services Could Fare Less Well in U.S. Trade Deal than Energy, Cars

Mar 3 2020 // Britain’s financial services industry could fare less well than energy, autos and other sectors under a free trade deal with the United States, the government said on Monday. Britain said in its negotiating mandate...

UK Threatens to Walk Away from EU Trade Talks if Quick Progress Isn’t Made

Feb 28 2020 // Britain published its opening demands for trade talks with the European Union on Thursday, delivering a blunt threat to walk away from the table if there is no progress within four months. The two sides appear headed for a...

UK Financial Services Sector Could Take a Back Seat to Fishing in EU Trade Talks

Feb 27 2020 // Britain will likely secure only temporary access to the European Union financial market under a broader trade deal in which finance may take a back seat to sectors such as fishing, financial industry officials said on...

Bank of England’s Carney Warns Investors to Get Serious About Climate Change

Feb 27 2020 // In a world facing a climate crisis, investors need to start taking account of carbon emissions and rising temperatures in their decisions, according to Bank of England Governor Mark Carney. The shift in thinking will be...

Britain’s Financial Conduct Regulator Admits Data Breach

Feb 25 2020 // Britain’s Financial Conduct Authority (FCA) has admitted an accidental leak of confidential information, including the names and some contact details of people who had made complaints against the watchdog in 2018 and...

Update: UK Issues Severe Flood Warnings as Rivers Peak After Storm Dennis

Feb 19 2020 // Residents in central England and Wales piled up sandbags, readied water pumps and hoped for the best Tuesday as rivers peaked after a weekend storm brought up to 6 inches (150 mm) of rain to an already waterlogged...

Storm Sabine (AKA Ciara) Cost Insurers $731M in Germany: GDV

Feb 18 2020 // Storm Sabine caused insured losses of 675 million euros ($731 million) in Germany this month, the GDV Insurance Association said on Tuesday, making it the sixth most costly storm in Europe’s largest economy since...

Facebook, Twitter, Other Internet Firms to Be Responsible for Content Under UK Plan

Feb 12 2020 // Britain said it would force social media companies such as Facebook, Twitter and Snap to do more to block or remove harmful content on their platforms. Following a consultation, the UK government said on Wednesday it...