Latest Uk Headlines

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

EU Markets Regulator Seeks Rapid Response Powers for Post-Brexit Problems

Feb 14 2019 // The European Union’s markets regulator urged lawmakers on Wednesday to give it “rapid” response powers to deal with problems that may arise after Brexit. The European Parliament has proposed that the...

Brexit Takes a Heavy Toll on UK Economy: Office for National Statistics

Feb 12 2019 // Mounting uncertainty over Brexit is weighing heavily on the British economy, which slowed last year to its weakest growth rate since the aftermath of the global financial crisis, official figures showed Monday. The Office...

Brexit Uncertainties Create Potential Legal Nightmare for UK Exporters

Feb 11 2019 // Business is brisk at Nim’s Fruit Crisps. Pineapples are imported from Costa Rica, kiwis from Italy and oranges and lemons from Spain. They’re then turned into healthy snacks for export to Israel, South Africa,...

Uber Faces $1.3B Tax Suit in UK from Lawyer Who Won Major Brexit Ruling

Feb 7 2019 // The lawyer who spearheaded a landmark court case — which ended with the European Union’s top court ruling that the U.K. can unilaterally reverse Brexit — appeared in court Wednesday for a fresh battle,...

UK’s Financial Services Industry Still Unscathed from Brexit Uncertainty: Reuters

Feb 5 2019 // Britain’s financial services industry has emerged largely unscathed so far from the build-up to Brexit, with about 2,000 roles expected to have moved or been created overseas even as the risk of a disorderly exit...

UK Corporates Readying for ‘Hardest of Brexits’: Deloitte Survey

Feb 4 2019 // Major British businesses’ appetite to take on financial risk has fallen to its lowest level in nearly a decade due to fears of “the hardest of Brexits” and rising U.S. protectionism, a survey by...

Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes

Feb 4 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...

UK’s Eldon Insurance, Owned by Brexit Donor Banks, Fined for Data Misuse

Feb 1 2019 // The U.K.’s Information Commissioner’s Office fined Brexit supporting campaign Leave.EU and a linked insurance company 120,000 pounds ($156,000) for serious breaches of electronic marketing laws as it opens a...

AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty

Jan 31 2019 // It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out...

UK Financial Sector Wants Deeper EU Access After Brexit Than Non-EU Countries

Jan 31 2019 // Britain’s financial sector needs stability to secure its future, along with deeper access to the European Union market after Brexit than what non-EU countries normally get, a senior industry official said on...

UK Parliament Asks Prime Minister to Reopen Brexit Divorce Negotiations

Jan 30 2019 // British lawmakers on Tuesday instructed Prime Minister Theresa May to reopen a Brexit treaty with the European Union to replace a controversial Irish border arrangement – and promptly received a flat rejection from...

Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit

Jan 30 2019 // Travelers Europe announced it has been granted a license by the Central Bank of Ireland to form a wholly owned insurance subsidiary in the Republic of Ireland. Based in Dublin, Travelers Insurance Designated Activity Co....

UK Financial Services Minister Confident Brexit Deal Will Be Agreed

Jan 29 2019 // Britain is working hard for a Brexit deal but it would still be prudent to put in place contingency measures in case no agreement is reached, UK financial services minister John Glen said on Monday. Parliament will vote on...

Here Are Range of Brexit Options Being Proposed by U.K. Parliament

Jan 28 2019 // With U.K. Prime Minister Theresa May refusing to budge from her Brexit position, members of Parliament are proposing a range of amendments demanding a change of direction. Some overlap and some complement each other. The...

Support Grows for Delaying UK’s Exit from EU, as Brexit Deadline Looms

Jan 24 2019 // The risk of a no-deal Brexit appears to be receding after calls for a delay to the U.K.’s exit from the European Union won powerful backing in London and other EU capitals. The pound rose. Senior figures in the...

Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap

Jan 24 2019 // The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the flood insurance market...

Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes

Jan 24 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...

Drone Travel Chaos at Gatwick Airport Cost EasyJet Nearly $20 Million

Jan 22 2019 // EasyJet lost 15 million pounds ($19 million) during 36 hours of travel chaos sparked by drones flying into London’s Gatwick Airport in December, the budget airline said on Tuesday, adding it should serve as a...

PM May Refuses to Rule Out No-Deal Brexit, but Seeks Further EU Concessions

Jan 22 2019 // British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish...

AXA XL Transfers XL Insurance from UK to Dublin as Post-Brexit HQ

Jan 18 2019 // AXA XL has completed the transfer of its European Union insurance company, XL Insurance Co. SE (XLICSE), from the UK to Dublin, Ireland. XLICSE is a wholly owned subsidiary within the AXA XL division of AXA Group,...