Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
UK Financial Services Industry Will Emerge Stronger from Brexit: Gov’t Ministers
May 21 2019 // Britain’s finance industry will emerge stronger from Brexit, remaining one of the world’s top financial centers, ministers in Prime Minister Theresa May’s government forecast on Monday. Since Britain...
UK Risk Managers List Brand Damage, Brexit, Cyber Attacks as Top 3 Business Risks
May 20 2019 // The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33...
UK Companies Fed Up with Politicians as Cost of Brexit Uncertainty Mounts
May 20 2019 // As the cost of the Brexit turmoil mounts for British companies, business leaders are fed up with the U.K.’s political class. And with Prime Minister Theresa May’s tenure coming to an end, they worry about the...
Bank of England Warns Against Weakening Rules for Insurers, Banks After Brexit
May 17 2019 // Weakening rules for banks and insurers after Brexit would be “anathema,” but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said on...
Berkshire’s Buffett Wants to Do More Business in UK and Europe, Regardless of Brexit
May 6 2019 // Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out. The Berkshire Hathaway Inc. chairman and chief executive officer said he would “love to put...
Will UK Insurers and Banks Be EU Rule Takers or Rule Makers, After Brexit?
May 1 2019 // A group of banks are directly feeding the British government ideas for a Brexit financial services trade deal, bypassing the industry’s major lobby groups after their blueprint for a future relationship with the EU...
UK Climate Change Adviser to Recommend Target of Zero Emissions by 2050: Sources
Apr 30 2019 // The U.K. government’s official adviser on climate change is set to recommend the country adopt a target to drive net fossil fuel emissions to zero by 2050, according to people familiar with the plan. If adopted, the...
Brexit Uncertainty Takes a Toll on UK Businesses: Report
Apr 29 2019 // As talks on a Brexit deal fumble on, the uncertainty it has brought is hurting U.K. property firms and the financial services sector. The number of companies classed as being in “critical distress,” often a...
Lloyd’s Innovation Drive Faces Headwinds from Some Brokers, Underwriters
Apr 26 2019 // Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit...
Government, Businesses Must Work Together to Safeguard Internet: British Spy Chief
Apr 24 2019 // The head of Britain’s GCHQ spy agency on Wednesday will call on businesses and the finance sector to work with intelligence officials to help secure the internet and protect customers online. In extracts of a speech...
Everest Insurance Ireland Opens UK Branch
Apr 18 2019 // Everest Insurance Ireland, dac (EIID), a part of the Everest Insurance international platform, has opened a branch office in the United Kingdom. EIID was established in 2017 and is led by CEO Linda Ryan, who manages the...
Britain’s Financial Regulator to Review Its Rules for Post-Brexit Landscape
Apr 17 2019 // Britain’s markets watchdog will review its rules as the country readies to leave the European Union, the source of its financial regulation for decades. “Post-Brexit, we need to consider the future of...
IMF Officials Urge Governments to Limit Risks to Global Economy
Apr 15 2019 // The International Monetary Fund warned governments not to rock the boat with trade wars and other disruptions at a time when the global economy is already sailing through choppy waters. “We see downside risk and that...
London Continues to Lose Financial Sector Jobs Over Brexit
Apr 15 2019 // Job vacancies in London’s finance industry have halved in two years as uncertainty over Brexit knocks business confidence, a survey by recruiter Morgan McKinley has found. The number of jobs available in the...
British CFOs Fears of Long-Term Brexit Downturn Grow
Apr 15 2019 // An increasing number of chief financial officers expect Britain’s long-term business climate to worsen after the U.K. leaves the European Union, according to a Deloitte survey. More than 80 percent of 89 British...
EU Gives Britain 6-Month Brexit Extension, Despite French Resistance
Apr 11 2019 // European Union leaders gave Britain six more months to leave the bloc, more than Prime Minister Theresa May says she needs but less than many in the bloc wanted, thanks to fierce resistance from France. The summit deal in...
UK Joins Global Backlash Against Tech Firms that Fail to Control Harmful Content
Apr 9 2019 // The U.K. joined a growing global backlash against technology companies such as Facebook Inc. and Twitter Inc., proposing fines and bans if social-media platforms fail to curb illegal activity. The government outlined plans...
Prime Minister May Seeks Another Brexit Delay, Setting Up Battle With EU
Apr 5 2019 // Prime Minister Theresa May has asked the European Union to delay Brexit until June 30, setting up a battle with the bloc ahead of a key summit next week. May wants an extension to June 30 and aims to avoid holding European...
UK Parliament Votes to Block Damaging No-Deal Brexit as Deadlock Continues
Apr 4 2019 // Britain took a decisive step away from a damaging no-deal Brexit as members of Parliament and political leaders backed efforts to prevent a disorderly departure from the European Union. The House of Commons vote shortly...
UK Financial Services Business Flows to EU to Avert Possible Brexit Disruption: Report
Apr 3 2019 // Financial firms in Britain continue to shift business to new European Union hubs and won’t stop unless Brexit is canceled, a think tank told British lawmakers on Wednesday. William Wright, head of New Financial, said...
