All the headlines from our Uk Topic Page, ordered by recency.
Aug 10 2018 // The UK should drop its net migration target after Brexit and introduce a system for arrivals from the European Union that better meets employers’ needs, Britain’s biggest business lobby group said.The...
Aug 9 2018 // Ping An Insurance (Group) Co. is considering buying Prudential Plc’s Asia business, people familiar with the matter said, a deal that would reshape Asia’s booming insurance industry and mark the biggest-ever...
Aug 8 2018 // Britain must avoid tying Brussels up in red tape or antagonizing its soon to be former European Union partners and the United States if it is to maintain access to the bloc’s financial services market after Brexit.At...
Aug 7 2018 // Is a no-deal Brexit becoming more likely? U.K. Trade Secretary Liam Fox puts the chances at 60 percent. And while Theresa May sees that as an overestimate, her office has been careful not to dispute Fox’s argument...
Aug 6 2018 // Prime Minister Theresa May’s ministers are ratcheting up warnings that Brexit talks risk ending in failure, with International Trade Secretary Liam Fox on Sunday predicting a messy split from the European...
Aug 3 2018 // Mark Carney threw himself back into the thick of the Brexit debate on Friday, saying the chance of the U.K. dropping out of the European Union without a deal is “uncomfortably high.”The intervention suggests...
Aug 2 2018 // Icy roads and frozen pipes due to bad weather in Canada and Britain hit insurer RSA’s first-half operating profit on Thursday, though results were in line with analyst forecasts.General insurer RSA, best known in...
Aug 1 2018 // Britain’s exports of financial services to the European Union hit a record high last year, highlighting the need for the City to preserve access to the bloc after Brexit, industry officials said on Tuesday.Exports...
Jul 31 2018 // Lloyd’s of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU,...
Jul 27 2018 // Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France.This provides Chubb’s customers “with continuous, uninterrupted...
Jul 27 2018 // Markel Corp. announced that its newly licensed German insurance company, Markel Insurance SE (MISE), has been given an “A” financial strength rating by A.M. Best.MISE has been established to meet the insurance...
Jul 27 2018 // A second Brexit contract continuity clause has been published by the International Underwriting Association (IUA).The association in June issued a policy clause to help companies manage insurance contracts as the UK leaves...
Jul 26 2018 // The Bank of England is war-gaming with lenders and insurers for potential market turmoil on Brexit day.Sam Woods, the central bank’s top supervisor, said contingency planning for Britain’s withdrawal from the...
Jul 26 2018 // Brexit is the greatest structural challenge facing the London company market, said the chairman of the International Underwriting Association, Malcolm Newman.The UK’s break from the EU is affecting insurers, brokers...
Jul 25 2018 // Britain’s banking industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top two financial centers for the foreseeable future, Barclays’ Chairman John McFarlane...
Jul 25 2018 // Fewer than 5,000 financial jobs might move out of Britain by “Day One” of Brexit and future relocations will depend on new trading terms with the European Union, Bank of England Deputy Governor Sam Woods said...
Jul 24 2018 // The U.K. is facing a grim future after Brexit because of the failure of the its politicians to govern responsibly, the former chairman of insurance market Lloyd’s of London wrote in a letter to the Financial...
Jul 23 2018 // British Foreign Secretary Jeremy Hunt said the U.K. will not “blink” in Brexit negotiations, as he warned the European Union it risks forcing the country to crash out of the bloc with no deal.On his first trip...
Jul 23 2018 // British businessman Arron Banks has denied an allegation made by a former business partner that he approached Russians about investing in his diamond mines, and that the money raised went instead to his campaign to leave...
Jul 20 2018 // Technical and supply-chain issues with equipment made by Chinese firm Huawei have exposed Britain’s telecom networks to new security risks, a government report said on Thursday.The assessment, made in a report signed...