Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Britain’s Beaches Face Growing Problem With Sewage Discharges
Aug 29 2022 // Raw sewage has been spilling into seawater in some parts of England and Wales over the past week after heavy rains overwhelmed sewer systems. The contaminated flows triggered new pollution risk warnings and advice against...
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...
Admiral Sees Cost of Motor Claims Running High in Britain and U.S.
Aug 10 2022 // The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said on Wednesday, after the company posted a 48% fall in pretax profit due to a “more...
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 Aims to Bolster Competitiveness in Financial Services With Nimbler Regulation
May 10 2022 // Britain said on Tuesday it will require its regulators to help the City of London remain a globally competitive financial center after being largely cut off from the European Union due to Brexit. The government outlined...
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...
Britain to Write Rules Forcing Companies to Publish Plans for Net Zero Transition
Apr 25 2022 // Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from next year for transitioning to a net zero economy by 2050. Last November at the COP26 UN Climate...
Britain Unveils New Aviation Sanctions Against Russia
Mar 9 2022 // Britain unveiled new aviation sanctions on Wednesday which give the power to detain any Russian aircraft and banning exports of aviation or space-related goods to Russia, saying it had already impounded one plane. The...
IMF Warns Britain About Relaxing High Regulatory Standards for Insurers, Banks
Feb 23 2022 // A push to make London more attractive as a global financial center after Brexit must not threaten high standards of solvency and behavior at banks, insurers and markets, the International Monetary Fund said on...
UK to Ease Solvency II Insurance Capital Rules to Unlock ‘Billions of Pounds’
Feb 22 2022 // Britain will unlock “tens of billions of pounds” of insurance sector capital that should boost the economy through infrastructure investment, financial services minister John Glen said on Monday. The...
Storm Eunice Batters Britain and Ireland With Record Winds Hitting 122 Mph
Feb 18 2022 // An Atlantic storm battered Britain and Ireland on Friday with record winds of up to 122 miles per hour, killing at least one person, knocking out power for tens of thousands and shredding the roof of London’s O2...
UK Braces for ‘Storm Eunice’ and Hurricane-Strength Gusts on Friday
Feb 17 2022 // Britain’s Met Office issued a rare red weather warning for parts of the UK, saying hurricane-strength gusts of 90 miles (145 kilometers) an hour are set to hit the country on Friday. The weather service said the most...
