Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the Financial Conduct Authority’s Head of Insurance Matt Brewis as saying premium finance was a “poor product”. At 1258 GMT, Direct …
Britain’s push to become a “space superpower” is being undermined by political disarray and weak domestic investment, while showing how the nation needs international partners more than ever post-Brexit. In a case study of UK industrial strategy after leaving the …
Self-driving cars could be on some British roads by 2026, the country’s transport minister Mark Harper said on Wednesday. Cars with full self-driving technology are not currently permitted on Britain’s roads but the government’s Automated Vehicles (AV) legislation is going …
The UK and Switzerland signed an agreement to recognize each other’s laws and regulations in financial services, easing post-Brexit market access for firms including banks, insurers and asset managers. Chancellor of the Exchequer Jeremy Hunt and his Swiss counterpart Karin …
The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between their respective financial centers. Chancellor of the Exchequer Jeremy Hunt will visit Bern to sign it, according to people familiar …
As firms across the City of London consider clamping down on working from home, Schroders Plc is sticking to its policy of letting workers decide how much time they spend in the office. “Flexible working provides a strong link to …
Tim Coen, a property investor, loved his Range Rover Sport but decided it was time to go green. He wanted to trade in the gas-guzzling sport utility vehicle for an electric Porsche. There was a snag, however. A string of …
Britain’s Financial Conduct Authority (FCA) can take too long to act and a sweeping post-Brexit internal revamp to make it nimbler will take years to complete, the National Audit Office (NAO) said in a report on Friday. The FCA regulates …
Britain’s data protection watchdog warned companies to consider people’s privacy rights whenever they use artificial intelligence (AI) or face not just fines but losing the public’s trust in the technology. The country’s Information Commissioner, John Edwards, said at a speech …
The Clear Group, the London-based independent broker, announced it has acquired the entire general insurance book of regional broker P W White & Partners Ltd. Financial details of the deal were not disclosed. The transaction does not include the financial …
