Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
EU Should Support ‘Reasonable’ Brexit Deal for London: German Minister
Feb 6 2017 // The City of London offers financial services that benefit Europe as a whole and the European Union should recognize that in a “reasonable” Brexit deal with Britain, German Finance Minister Wolfgang Schaeuble...
New Head of Allianz’ PIMCO Takes on $2 Trillion Challenge with Gusto
Jan 31 2017 // Walk down a side alley in Munich, beneath apartments with net curtains in the windows, past figures of female superheroes on a cafe storefront, and you come to the unprepossessing headquarters of a $2 trillion asset...
UK Regulator Calls for New Regime Providing Open Access to Global Markets
Jan 26 2017 // Banks, insurers and traders that comply with reinforced global financial sector rules should be allowed to operate unhindered across the world to spur economic growth and trade, a top British regulator said on...
Parliament’s Approval Required to Trigger Brexit Talks: UK Supreme Court
Jan 24 2017 // The UK Supreme Court ruled on Tuesday that Prime Minister Theresa May must get parliament’s approval before she begins Britain’s formal exit from the European Union. The UK’s highest judicial body...
Top Global Corporate Risks: Business Interruption, Market Developments, Cyber, Current Events and More
Jan 23 2017 // Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and the new U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a...
Brexit Cost Implications to Weigh on UK Re/Insurers: A.M. Best Report
Jan 20 2017 // The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers, as will any resultant economic downturn. However, A.M. Best does not anticipate taking any rating...
UK’s Legal & General Plans to Disclose CEO-to-Employee Pay Ratio: Source
Jan 18 2017 // Insurer Legal & General Group Plc plans to disclose how much more its chief executive earns than rank-and-file employees, becoming one of the first big U.K. companies to respond to growing concern about wage inequality...
Lloyd’s Moves Closer to Forming EU Subsidiary to Prepare for Brexit
Jan 18 2017 // Lloyd’s of London will make an announcement on its new European subsidiary by the middle of April at the latest, its Chairman John Nelson said on Tuesday, as it prepares for Britain’s exit from the European...
Britain to Seek ‘Hard Brexit’: UK Prime Minister May
Jan 17 2017 // Britain will leave the EU’s single market when it exits the European Union, Prime Minister Theresa May said on Tuesday, putting an end to speculation that London might try to seek a “soft Brexit.” In a...
UK Financial Services Sector Drops Demand for Post-Brexit Passporting
Jan 12 2017 // Britain’s finance industry has reluctantly given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially exclude some financial...
Business Interruption Remains Top Corporate Concern in 2017: Allianz
Jan 12 2017 // Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and incoming U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a...
Social Polarization, Inequality Raise Potential for Risk, Disruption: WEF
Jan 12 2017 // Rising inequality and social polarization are set to shape world developments for the next decade after contributing to Britain’s decision to leave the European Union and the ballot-box success of U.S....
Aon Launches Solution to Help Firms Manage Brexit Risks, Opportunities
Jan 10 2017 // Aon plc has launched “Brexit Navigator,” a tailor-made solution designed to help organizations quantify the impact of Brexit risk exposures, and redesign their risk management and risk financing...
Unfettered EU Access Must Be Priority of Brexit Talks: Report
Jan 10 2017 // Britain’s financial services sector must keep its unfettered access to the European Union’s single market after Brexit given that available alternatives don’t provide a sustainable long-term solution, an...
UK Legal Action Launched Against Volkswagen over Emissions Scandal
Jan 9 2017 // A British law firm has launched legal action against Volkswagen, seeking thousands of pounds of compensation each for UK drivers affected by the carmaker’s emissions scandal. The German company is involved in...
Brexit Threatens 10% of London’s Financial Jobs: City of London Corp. Official
Dec 22 2016 // Up to 10 percent of jobs in London’s financial district may be lost if Britain fails to secure adequate access to European Union markets after Brexit, a City of London official said on Wednesday. Bankers first called...
Brexit Opportunities, More M&A: Clyde & Co.’s 2017 Predictions, Part 1
Dec 19 2016 // M&A and Brexit will be major factors for the global re/insurance industry over the coming year, according to predictions from the insurance team at the international law firm Clyde & Co. Andrew Holderness, a...
More UK Insurers Consider Move to Ireland for Europe HQs: Central Bank
Dec 15 2016 // A growing number of global insurers are considering moving to Ireland and some may choose to locate European headquarters there rather than Britain following that country’s vote to leave the European Union,...
Berkley Downplays Effects of Trump, Brexit Elections; Remains Optimistic for Insurance
Dec 8 2016 // There could be more political surprises coming after the U.S. election of Donald Trump and Britain’s vote to exit from the European Union but one leading insurance executive isn’t too worried. “I...
UK Gov’t Promises Insurers & Banks London Will Stay Top Finance Center – After Brexit
Dec 6 2016 // The U.K. government promised to make sure London keeps its place as the leading financial center after Brexit, following top-level talks between global bank chiefs and senior ministers. U.K. Chancellor of the Exchequer...
