Latest Uk Headlines

All the headlines from our Uk Topic Page, ordered by recency.

Climate Scientists Warn that Australia’s Bushfires Could Become the New Normal

Jan 14 2020 // Bushfires ravaging Australia have provided a foretaste of the kinds of conditions that could become normal unless the world moves rapidly to curb emissions of the greenhouse gases driving global warming, scientists have...

U.K. Lawmakers Approve EU Exit at End of January with 11 Months of Trade Talks Ahead

Jan 9 2020 // Lawmakers approved legislation on Thursday which will allow Britain to leave the European Union on Jan. 31 with an exit deal, ending more than three years of tumult over the terms of the unprecedented divorce.They voted...

‘Impossible’ to Agree to Full EU-U.K. Brexit Trade Deal by Year End: EU Head

Jan 9 2020 // Britain will find it “basically impossible” to negotiate all aspects of its future relationship with the European Union by the end of this year, the head of the European Commission said on Wednesday, adding...

Update: U.K.-Based Foreign Exchange Firm, Travelex, Crippled by Ransomware Attack

Jan 8 2020 // Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency...

U.K. Financial Services Firms Pay Record Taxes with Future Prospects Clouded by Brexit

Jan 7 2020 // Britain’s financial industry paid a record near-$100 billion in taxes in the year to March, reaffirming its central role in funding the state at a time when its future prospects have been clouded by Brexit.The 75.5...

BHSI Taps AIG’s Browne as Ireland Country Manager, Head of Casualty, U.K. & Europe

Jan 7 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Hilary Browne to the dual role of country manager for Ireland and head of Casualty for U.K. and Europe.Browne comes to BHSI with nearly 20 years of...

Pool Re Takes Steps to Make Terrorism Cover More Accessible to U.K. Businesses

Jan 6 2020 // Pool Re, Britain’s leading terrorism reinsurer, announced it is taking steps to help reduce costs and improve the accessibility of terrorism insurance for businesses in the U.K., in part by expanding the definition...

U.K. Endures Record High Temperatures During 2010s

Jan 3 2020 // The U.K. endured more high-temperature records during the 2010s than any decade over the last century, according to the nation’s weather service, attributing the trend to climate change.Four of the eight...

U.K. MGA Optio Buys Political Violence and Terrorism MGA, Newbridge Risk Partners

Jan 3 2020 // Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel...

Notre Dame Fire Reveals Global Safety Lapse Over Dangers of Lead Dust

Dec 23 2019 // PARIS (AP) — It took a blaze that nearly destroyed Paris’ most famous cathedral to reveal a gap in global safety regulations for lead, a toxic building material found across many historic cities.After the Notre...

City of London’s Unity Begins Cracking over Brexit Trade Deal: Opinion

Dec 23 2019 // Boris Johnson’s triumphant U.K. election victory makes Brexit a near certainty next month. For the City of London, Britain’s split from its biggest trading partner is a huge leap into the unknown; one that will...

Canada Pension Fund OMERS to Buy Stake in Fairfax Run-off Unit, RiverStone UK

Dec 20 2019 // Fairfax Financial Holdings Ltd. and OMERS, the pension plan for Ontario’s municipal employees, announced they have entered into an agreement where OMERS will acquire a 40% interest in Fairfax’s UK run-off...

U.K. Business Executives, Economists, Politicians React to New BoE Boss Bailey

Dec 20 2019 // Britain’s new government named Andrew Bailey as the next Bank of England boss on Friday.Following is reaction to his appointment. “In terms of Mr Bailey’s position on the dove-hawk spectrum, it is very...

U.K. Names Bailey as Bank of England Chief, Succeeding Carney

Dec 20 2019 // Andrew Bailey will be the next head of the Bank of England after the government chose to replace Mark Carney with the U.K.’s top financial regulator, just as Britain faces the next phase of Brexit.He’ll start...

MS Amlin to Exit U.K. P/C Classes as Part of Underwriting Review

Dec 19 2019 // MS Amlin, the London-based re/insurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P/C business with effect from Jan. 31, 2020.This announcement follows...

UK Financial Services Sector Remains Resilient Ahead of Brexit: Research

Dec 18 2019 // Britain’s exports of financial and related services rose to 83 billion pounds ($106.5 billion) last year, with the European Union still the biggest customer, underscoring the importance of retaining market access to...

Big Victory for Johnson and Brexit. Now What?

Dec 13 2019 // Prime Minister Boris Johnson won a sweeping election victory on a promise to “Get Brexit done,” but a reality check awaits for voters hoping that the messy divorce is finally over.It’s just the beginning....

Big Victory for Johnson and Conservatives Clears Way for Quick Brexit

Dec 13 2019 // Britain was speeding towards Brexit on Friday after Prime Minister Boris Johnson won a crushing election victory, ending three years of uncertainty since the country decided to leave the bloc.Exiting the European Union, a...

What’s At Stake for Britain’s Economy as Voters Go to Polls Today?

Dec 12 2019 // The two main parties in Britain’s election on Thursday offer contrasting plans on spending, tax, the role of the state, trade unions and Brexit.Below is a summary of the main economic policies of Prime Minister Boris...

U.K. Investment Firm Centricus Forms Insurance Venture with Ex-Goldman Partner

Dec 6 2019 // Centricus, the U.K. investment firm that helped SoftBank Group Corp. raise its $100 billion Vision Fund, is entering the insurance industry by forming a joint venture with former Goldman Sachs Group Inc. partner Chris...