Latest Uk Headlines

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

UK Business Group Warns Next Tory Party Leader to Avoid No-Deal Brexit

Jun 3 2019 // Prime Minister Theresa May’s successor must avoid a no-deal Brexit or risk losing the Conservatives’ moniker as the party of commerce, the U.K.’s biggest business lobby group said.The task facing the next...

Allianz Expansion Plan Includes $1 Billion for UK Insurers

May 31 2019 // Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country.The Munich-headquartered company agreed...

Debt Insurance Staging a Comeback with Investors As Distressed Situations Increase

May 30 2019 // Corporate debt insurance that fell out of favor after the financial crisis is returning to vogue as default rates rise and a series of high-profile failures pay off for short sellers.Credit-default swaps trading increased...

European Business Leaders’ Confidence Drops Over Brexit

May 30 2019 // Uncertainty over Britain’s departure from the European Union has triggered a sharp drop in business confidence in Europe over the past six months, a survey showed on Thursday.Only 50% of European business leaders...

UK Prime Minister to Resign on June 7, Paving Way for Possible No-Deal Brexit

May 24 2019 // Fighting back tears, Theresa May said on Friday she would quit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European Union.May’s departure deepens the...

UK Financial Services Industry Will Emerge Stronger from Brexit: Gov’t Ministers

May 21 2019 // Britain’s finance industry will emerge stronger from Brexit, remaining one of the world’s top financial centers, ministers in Prime Minister Theresa May’s government forecast on Monday.Since Britain voted...

UK Risk Managers List Brand Damage, Brexit, Cyber Attacks as Top 3 Business Risks

May 20 2019 // The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33...

UK Companies Fed Up with Politicians as Cost of Brexit Uncertainty Mounts

May 20 2019 // As the cost of the Brexit turmoil mounts for British companies, business leaders are fed up with the U.K.’s political class. And with Prime Minister Theresa May’s tenure coming to an end, they worry about the...

Bank of England Warns Against Weakening Rules for Insurers, Banks After Brexit

May 17 2019 // Weakening rules for banks and insurers after Brexit would be “anathema,” but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said on...

Berkshire’s Buffett Wants to Do More Business in UK and Europe, Regardless of Brexit

May 6 2019 // Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out.The Berkshire Hathaway Inc. chairman and chief executive officer said he would “love to put...

Will UK Insurers and Banks Be EU Rule Takers or Rule Makers, After Brexit?

May 1 2019 // A group of banks are directly feeding the British government ideas for a Brexit financial services trade deal, bypassing the industry’s major lobby groups after their blueprint for a future relationship with the EU...

UK Climate Change Adviser to Recommend Target of Zero Emissions by 2050: Sources

Apr 30 2019 // The U.K. government’s official adviser on climate change is set to recommend the country adopt a target to drive net fossil fuel emissions to zero by 2050, according to people familiar with the plan.If adopted, the...

Brexit Uncertainty Takes a Toll on UK Businesses: Report

Apr 29 2019 // As talks on a Brexit deal fumble on, the uncertainty it has brought is hurting U.K. property firms and the financial services sector.The number of companies classed as being in “critical distress,” often a...

Lloyd’s Innovation Drive Faces Headwinds from Some Brokers, Underwriters

Apr 26 2019 // Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm.Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit are...

Government, Businesses Must Work Together to Safeguard Internet: British Spy Chief

Apr 24 2019 // The head of Britain’s GCHQ spy agency on Wednesday will call on businesses and the finance sector to work with intelligence officials to help secure the internet and protect customers online.In extracts of a speech...

Everest Insurance Ireland Opens UK Branch

Apr 18 2019 // Everest Insurance Ireland, dac (EIID), a part of the Everest Insurance international platform, has opened a branch office in the United Kingdom.EIID was established in 2017 and is led by CEO Linda Ryan, who manages the...

Britain’s Financial Regulator to Review Its Rules for Post-Brexit Landscape

Apr 17 2019 // Britain’s markets watchdog will review its rules as the country readies to leave the European Union, the source of its financial regulation for decades.“Post-Brexit, we need to consider the future of regulation...

IMF Officials Urge Governments to Limit Risks to Global Economy

Apr 15 2019 // The International Monetary Fund warned governments not to rock the boat with trade wars and other disruptions at a time when the global economy is already sailing through choppy waters.“We see downside risk and that...

London Continues to Lose Financial Sector Jobs Over Brexit

Apr 15 2019 // Job vacancies in London’s finance industry have halved in two years as uncertainty over Brexit knocks business confidence, a survey by recruiter Morgan McKinley has found.The number of jobs available in the...

British CFOs Fears of Long-Term Brexit Downturn Grow

Apr 15 2019 // An increasing number of chief financial officers expect Britain’s long-term business climate to worsen after the U.K. leaves the European Union, according to a Deloitte survey.More than 80 percent of 89 British...