Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Britain Begins to Ramp Up Planning for No-Deal Brexit
Dec 18 2018 // Britain will begin to put into place plans for an exit from the European Union without any deal in place, with the public and businesses told to prepare now for the eventuality, Prime Minister Theresa May’s spokesman...
Reports Call for Reducing Big 4 Accounting Firms’ Dominance in British Company Audits
Dec 18 2018 // Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ books, two government-requested reports said on...
UK Fintech Startup Revolut Gets EU Banking License in Lithuania
Dec 13 2018 // Revolut, the London-based financial technology startup, has obtained a European banking license as Brexit looms, with plans to launch checking and savings accounts as well as retail and business lending. The Bank of...
UK Prime Minister Survives Confidence Vote but Party Is Bitterly Divided
Dec 12 2018 // Prime Minister Theresa May survived a confidence vote from her Conservative party on Wednesday, but more than a third of her lawmakers said she was no longer the right leader to implement Britain’s exit from the...
Brexit to Cause Irreversible Damage to UK Financial Services, Say Industry Leaders
Dec 12 2018 // Life in London’s financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions of an exodus of high-flyers to rival centers like Paris, Frankfurt and...
Brexit Uncertainties Heighten as UK Prime Minister Faces Vote of No Confidence
Dec 12 2018 // Theresa May will fight for her job as British prime minister after being told she will face a vote of no confidence in her leadership, throwing the U.K. into fresh turmoil and Brexit into disarray. “I will contest...
U.S. Intends to Sign Post-Brexit Insurance Pact with Britain
Dec 11 2018 // The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and continuity...
UK Prime Minister Defers Brexit Vote, Raising Risk of No Deal
Dec 10 2018 // Theresa May is playing for time. Faced with a humiliating defeat on her Brexit deal, the embattled U.K. prime minister announced to the House of Commons she would defer a vote and return to Brussels to seek...
UK Can Reverse Brexit Process, Rules Top EU Court
Dec 10 2018 // The U.K. can unilaterally reverse the Brexit process, the European Union’s top court said in a landmark ruling that will fuel the campaign to thwart the divorce on the eve of a possible make or break vote in the...
Emails Released in U.K. Probe Show How Facebook Wielded Users’ Data
Dec 7 2018 // Facebook Inc. wielded user data like a bargaining chip, providing access when that sharing might encourage people to spend more time on the social network — and imposing strict limits on partners in cases where it...
Post-Brexit Free Trade Would Still See U.K. Insurance Services Exports Fall 19%: Think Tank
Dec 7 2018 // U.K. financial-services exports to the European Union could be 59 percent lower after Brexit, even if Prime Minister Theresa May secures a free-trade agreement, according to the Centre for European Reform. “Any...
EU Court Ruling on U.K. Right to Reverse Brexit Expected Dec. 10
Dec 6 2018 // The European Union’s highest court will on Dec. 10 tell the U.K. whether it should be allowed to unilaterally reverse Brexit, in a landmark ruling that could offer hope to those who want their country to call off the...
U.K. Food Delivery Service Riders Lose Employment Rights Bid
Dec 5 2018 // A trade union lost a U.K. court bid for the right to lobby Deliveroo over pay and conditions on behalf of the food-delivery service’s riders, in a rare setback for workers in the so-called gig economy. The...
How Nations Rank for Climate Risk Measures
Dec 5 2018 // Denmark and Britain are the top countries when it comes to implementing measures to fight climate change, although Britain has lagged in phasing out fossil fuel subsidies, a report published by academics said on...
EU Court’s Non-Binding Ruling Says U.K. Can Reverse Brexit
Dec 4 2018 // The U.K. should be allowed to reverse Brexit, according to an advisory opinion from the European Union’s top court that will fuel the campaign to thwart the divorce. The opinion, which isn’t binding, comes at a...
UK’s EU Draft Divorce Deal Preferable to No-Deal Brexit, Says FCA
Nov 30 2018 // Britain’s draft divorce settlement with the European Union is preferable to a no-deal Brexit even though this would leave it without a say over EU financial rules, its finance industry watchdog said on Thursday. The...
No-Deal Brexit Could Be Worse for UK Economy than 2008 Financial Crisis: BoE
Nov 29 2018 // Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months’ time, the Bank of England...
UK Economy Could Take 10.7% Economic Hit with No-Deal Brexit: Gov’t Report
Nov 28 2018 // The U.K. will suffer a major economic hit if Parliament rejects Theresa May’s Brexit deal and the country crashes out of the European Union with no new trade arrangements in place, according to official analysis. A...
Brexit Deal Could Reduce UK Economy by 4% by 2030: Think Tank
Nov 27 2018 // The British government’s Brexit deal with Brussels is likely to mean Britain’s economy will be 3.9 percent smaller by 2030 than if it were to stay in the European Union, a leading think tank said on Monday. The...
EU Leaders Approve Brexit Treaty, Which Faces Rejection in UK Parliament
Nov 26 2018 // European Union leaders finally sealed a Brexit deal on Sunday, saying the package agreed with Prime Minister Theresa May was the best Britain will get in a warning to the British parliament not to reject it. “Those...
