London’s Financial Services Firms See Potential in Liz Truss’ ‘Radical’ Policies September 1, 2022 By Katherine Griffiths After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the...
Front Runner to Be Next UK PM Wants to Review Financial Watchdogs’ Roles: Source August 18, 2022 By Elizabeth Piper and Huw Jones Liz Truss, the front-runner to become Britain’s next prime minister, wants to examine the roles of the country’s three financial...
Weakening UK Regulators Would Undermine Financial Services, Bank of England Warns August 12, 2022 Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England...
Britain’s Proposed Post-Brexit Financial Reform Explained August 12, 2022 By Huw Jones Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules...
UK’s Aviva Gives Lower-Paid Staff £1,000 to Help Pay Soaring Energy Bills August 11, 2022 By Will Louch and Dani Burger UK insurer Aviva Plc is the latest financial firm to give some of its staff a one-time payment to help...
Litigation Funders Are Fueling a Rise in UK Class Actions August 10, 2022 By Katharine Gemmell Financiers are helping to fuel a rise in U.S.-style class-action lawsuits in the UK courts, lured by the promise of...
UK Financial Services Firms Suffer From Record Skills Shortage August 10, 2022 By Olivia Fletcher UK finance firms are struggling with its worst job vacancy rates on record, underlining the skills shortage caused by digitization...
UK’s Solvency II Reforms Could Open Door to Share-Buyback Bonanza for Insurers August 5, 2022 By Alex Morales and William Shaw Insurers would potentially be able to use billions of pounds of expected gains from a relaxation of capital rules for...
UK Motor Insurer Direct Line to Raise Premiums After H1 Profit Hit August 2, 2022 By Carolyn Cohn British motor insurer Direct Line is raising premiums after higher claims hit its first-half profits, as the company feels the...
London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain July 25, 2022 By Swetha Gopinath and Katherine Griffiths London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game...