Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
UK Businesses Confused About No-Deal Brexit Import Tariffs as Deadline Looms
Mar 8 2019 // Confusion around which goods will be subjected to U.K. import tariffs in a no-deal Brexit is exasperating companies as they seek to finalize preparations for the split. The government will reveal details of the plan only...
Update – EU, UK Officials Pessimistic About Chances of Brexit Breakthrough: Sources
Mar 7 2019 // European and UK officials are pessimistic about the chances of a breakthrough in Brexit talks, with Britain accusing the bloc of intransigence and European negotiators worried that whatever they offer won’t be enough...
AM Best Opens Office in Amsterdam as Part of Brexit Planning
Mar 6 2019 // Credit rating agency AM Best will this week formally open its second European office, located in the city of Amsterdam. AM Best, which rates more than 3,500 companies in over 90 countries, currently has regional offices in...
Companies Still Learning About Fire Risks Around Robots
Mar 6 2019 // The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a...
Berkshire Hathaway Insurance Group Forms Irish Subsidiary in Preparation for Brexit
Mar 5 2019 // Berkshire Hathaway Insurance Group announced that Berkshire Hathaway European Insurance DAC (BHEI) has been granted a license to operate as an insurer in the Republic of Ireland and the European Economic Area (EEA). Based...
UK Online Grocer Ocado Learns Lessons About Robotic Warehouses After Massive Fire
Mar 4 2019 // The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a...
Irish Drivers Will Need Special Insurance to Enter Northern Ireland After Hard Brexit
Mar 1 2019 // Irish drivers have been warned they will need a special insurance document to cross the currently invisible border to Northern Ireland after next month if the U.K. leaves the European Union without a deal. The Motor...
UK Insurers, Banks to Get Regulatory Transition Period in Event of Hard Brexit
Mar 1 2019 // British regulators will give banks, asset managers, insurers and brokers until mid-2020 to fully comply with rules that replace European Union law in the event of a no-deal Brexit. The Bank of England and Britain’s...
U.K. Cyber-Security Startup Tessian Raises $40M to Support U.S. Expansion
Feb 28 2019 // Sequoia Capital has backed a London-based cyber-security startup founded by a trio of former banking analysts, who were surprised how often documents such as deal-term sheets were accidentally emailed to the wrong...
UK Financial Markets at Risk of Disruption with Hard Brexit: Regulator
Feb 28 2019 // Financial markets are still at risk of disruption if there is a no-deal Brexit, Britain’s Financial Conduct Authority said on Wednesday. FCA Chief Executive Andrew Bailey told a House of Lords committee that despite...
Britain Adopting EU Laws So Financial Firms Ready for ‘Any’ Brexit Outcome, Says Minister
Feb 26 2019 // Britain’s financial sector will continue to function properly whatever form Brexit takes, a junior minister said on Tuesday, though the head of an industry body said it would back proposals to avert Britain leaving...
Unpicking the Complicated Finances of UK Insurance Exec, Pro-Brexit Donor Banks
Feb 25 2019 // Ever since Brexit supporter Arron Banks made the largest political donation in British history he’s been dogged by questions about where he got the money. For a man who told the Financial Times he was worth 100...
UK Prime Minister to Be Forced to Request 3-Month Brexit Delay: EU Sources
Feb 22 2019 // The European Union expects U.K. Prime Minister Theresa May to be forced to request a three-month delay to Brexit, two EU officials said. Discussions between the two sides suggest May will ask for an extension to the...
Aviva Gets Court Approval to Move Assets to Ireland as Part of Wider Brexit Wave
Feb 20 2019 // England’s High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around 9 billion pounds ($11.69 billion) in assets to a new Irish company just before the starting gun is fired...
UK Probe of Wholesale Brokers Finds No Evidence of Anti-Competitive Behavior
Feb 20 2019 // Britain’s wholesale insurance brokers got a clean bill of health from the markets watchdog on Wednesday, providing some relief for an industry already spending millions of pounds on Brexit. London’s insurance...
UK-EU Negotiators Work to Find Brexit Deal Compromise with Time Running Out
Feb 19 2019 // U.K. and European officials are working on a new legal text for the most contentious part of the Brexit deal, but time is running out for Prime Minister Theresa May to persuade a fracturing Parliament to unite behind her...
What’s Next for Brexit? Options Include Disorderly, Delayed or No Brexit
Feb 15 2019 // Britain’s parliament last month demanded Prime Minister Theresa May renegotiate a Brexit divorce deal that the other members of the European Union say they will not reopen. With just six weeks until the United...
Insurer Lancashire to Use Lloyd’s EU Hub in Brussels After Brexit
Feb 15 2019 // Property and casualty insurer Lancashire Holdings Ltd will use insurance market Lloyd’s of London’s European Union hub in Brussels after Britain leaves the European Union, its top boss told Reuters. “We...
UK PM May Scrambles to Find Brexit Compromise as Clock Ticks Down
Feb 15 2019 // British Prime Minister Theresa May is preparing to compromise with the European Union over the future of Ireland’s border, with just two weeks left to save her Brexit deal. Brexit Secretary Stephen Barclay privately...
UK Insurer Aviva Prepares for ‘Hard Brexit’ by Transferring Assets from UK
Feb 14 2019 // Aviva Plc asked a London court to approve the transfer of assets totaling 9 billion euros ($10.2 billion), saying the uncertainty from Brexit was “intensifying” as it joined other insurers and banks triggering...
