Insurers Must Be Better Prepared for Impact of Climate Change: BoE June 8, 2022 By Carolyn Cohn and Huw Jones Insurers need to plug data gaps to be better prepared for the impact of climate change on their operations and...
Insurers, Banks Must Take Climate Action or Face Profit Hit, Higher Capital Charges: BOE May 24, 2022 By Huw Jones and Andy Bruce LONDON – Banks and insurers that fail to manage climate risks as a “first-order” issue could face a 10% to...
Rise of Remote Work to Define Future of City of London May 18, 2022 By Tom Metcalf More than 85% of UK finance workers no longer view the office as their main place of work, highlighting the...
Britain Aims to Bolster Competitiveness in Financial Services With Nimbler Regulation May 10, 2022 By Huw Jones Britain said on Tuesday it will require its regulators to help the City of London remain a globally competitive financial...
Pay for UK Financial Services Workers Surges at Double National Rate May 4, 2022 By Reed Landberg Pay for financial services workers in the UK has surged at double the pace for the rest of the economy...
Staff at UK Financial Conduct Authority Vote to Strike Over ‘Unacceptable’ Pay Reforms April 14, 2022 By William Shaw Staff at the UK Financial Conduct Authority have voted to go on strike for the first time in a dispute...
IMF Warns Britain About Relaxing High Regulatory Standards for Insurers, Banks February 23, 2022 By Huw Jones A push to make London more attractive as a global financial center after Brexit must not threaten high standards of...
UK to Ease Solvency II Insurance Capital Rules to Unlock ‘Billions of Pounds’ February 22, 2022 By Huw Jones Britain will unlock “tens of billions of pounds” of insurance sector capital that should boost the economy through infrastructure investment,...
UK Gender Pay Gap Widens for Insurers, While Banks Make a Slight Dent October 5, 2021 By Carolyn Cohn and Iain Withers Major banks in Britain made a slight dent in their gender pay gaps last year, according to a Reuters analysis,...
UK Financial Services Sector Calls for Eased Visa Requirements to Keep Competitiveness September 30, 2021 By Huw Jones LONDON — Britain’s financial sector has called on the government to ease visa requirements on overseas staff who want to...