Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Gangs Now Arbitrate Payment Disputes as Ransomware Growth Continues
Feb 14 2022 // Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new report by the United...
Banks Warned to Prepare for Possible Russian-Sponsored Cyber Attack
Feb 9 2022 // FRANKFURT/LONDON – The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the...
Britain Names Lloyd as Interim Chair of Financial Conduct Authority at ‘Pivotal Time’
Feb 7 2022 // Britain’s finance ministry said on Friday that Richard Lloyd had been appointed interim chair of the Financial Conduct Authority from June at a “pivotal” time for the watchdog as it faces internal and...
Why Post-Brexit Britain Is Economically Isolated, Vulnerable and Running on Fumes
Oct 4 2021 // Lines of cars snake from gasoline stations. Fights break out among angry motorists trying to get fuel. Grocery staples are out of stock on store shelves. A charity warns that doubling heating bills will force a million...
Britain Looks to Revisit Data Privacy Regulations
Sep 10 2021 // Britain said it would overhaul its data protection regulator to help strengthen economic growth and better protect the public, giving authorities scope to impose tougher penalties and fines for nuisance calls and text...
Analysis: A Divided London? City Tackles Brexit With Twin-Track Finance Revamp
Sep 3 2021 // High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. The City, as London’s traditional financial...
Britain Launches $1 Billion Reinsurance Scheme to Cover Music Festivals
Aug 6 2021 // Britain launched a government-backed reinsurance scheme totaling more than 750 million pounds ($1 billion) on Thursday to cover live events against cancellation risk due to the COVID-19 pandemic, after intense industry...
Chronic Scarcity of UK Workers Blamed on COVID and, of Course, Brexit
Aug 3 2021 // On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion. There are two large banners pinned to the perimeter fence with a mobile phone number: “Bricklayers...
Britain’s Largest Pub Group Launches Billion-Dollar Suit over COVID-Related BI Claim
Jul 20 2021 // Britain’s largest pub group, Stonegate Pub Group Co., sued three insurers for 846 million pounds ($1.2 billion) over losses it suffered after being forced to shut during the coronavirus pandemic. Owned by TDR...
Update: Britain Unveils Blueprint to ‘Sharpen’ London’s Post-Brexit Competitive Edge
Jul 1 2021 // Britain’s finance minister pledged on Thursday to “sharpen” the competitive advantage of the UK financial services sector as he set out his vision for its future after the City of London lost business to...
Google Vows to Target Online Financial Scams in Britain
Jun 30 2021 // Google will clamp down on financial fraud on its platform in Britain, saying on Wednesday that all financial services will need to be verified by the regulator before they can advertise. Britain’s financial watchdog...
Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism
Jun 16 2021 // Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on Tuesday urged the bloc to avoid protectionism. Britain left the EU in December, largely...
West Virginia Governor Hit by U.K. Lender Bankruptcy
Jun 3 2021 // West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by his coal companies from a lender in the United Kingdom that went bankrupt. The Republican governor took...
Britain’s Financial Services Sector ‘Not Optimistic’ About Getting Access to EU Markets
May 14 2021 // Britain’s financial services sector won’t get access to the European Union’s markets for the foreseeable future following Brexit, industry officials said on Thursday as a row with France simmers. Britain...
Britain’s Financial Regulator Opens Investigation Into Greensill Collapse
May 11 2021 // Britain’s Financial Conduct Authority said on Tuesday it was formally investigating the UK operations of collapsed supply chain finance company Greensill as part of global probes. “We are also cooperating with...
Block Britain From Cross-Border Court Pact, Says EU
May 5 2021 // Britain should not join a cross-border accord for recognizing courts and their rulings, the European Commission recommended on Tuesday, in a move which British business leaders fear could rachet up costs for smaller...
Impact of Brexit on City of London Is Worse than Expected: Study
Apr 16 2021 // LONDON – Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in assets to hubs in the European Union due to Brexit, with more pain to come, a study from New...
Confidence Among UK CFOs Hits Record High, Helped by Vaccinations, Brexit Hopes
Apr 12 2021 // Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country’s coronavirus vaccinations and hopes for less Brexit disruption, a survey of chief finance...
Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier
Mar 30 2021 // LONDON – Britain should not be “short-sighted” and copy European Union rules just to keep financial activity in London, Bank of England executive director for financial stability Alex Brazier said on...
What Has Changed After Brexit for London’s Financial Center?
Mar 29 2021 // LONDON — Britain and the European Union agreed a new post-Brexit financial services pact on Friday that will allow them to cooperate on regulation but does little to improve the City of London’s access to the...
