Latest Uk Headlines

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

Brexit Should Preserve Free Trade for Financial Services: FCA’s Bailey

Jul 7 2017 // Finance firms should not be forced by regulators to change location after Britain leaves the European Union in 2019, Andrew Bailey, chief executive of the UK’s Financial Conduct Authority told a Reuters Newsmaker...

UK Risks Losing Status as Europe’s Top Finance Center After Brexit: Report

Jul 6 2017 // Britain will lose its status as Europe’s top financial center unless it keeps borders open to specialist staff, improves infrastructure and expands links with emerging economies, TheCityUK said in a report published...

Grenfell Tower Fire Puts Cloud over Energy Efficiency Industry’s Building Materials

Jun 30 2017 // The fire that killed at least 79 people in a residential tower in London earlier this month has delivered a blow to an often overlooked section of the green industry that’s crucial to delivering energy...

MS Amlin to Re-Domicile its Post-Brexit European Headquarters to Belgium

Jun 28 2017 // MS Amlin, the specialist global re/insurer, plans to re-domicile its European business, Amlin Insurance Societas Europaea (AISE), to Belgium in response to Brexit.MS Amlin said it will keep its global headquarters in...

Existing EU Contracts Must Be ‘Grandfathered’ After Brexit to Avoid Complexity: Lloyd’s CEO Beale

Jun 26 2017 // Existing European Union insurance policies should stay in place after Britain leaves the bloc because the process of dividing them into British and EU contracts would be too complex, Lloyd’s of London Chief Executive...

Brexit Critics Now Emboldened to Block Prime Minister’s Plans for ‘Hard Brexit’

Jun 23 2017 // When she called a snap election in April, Theresa May said she needed voters’ backing to silence rivals in Parliament who were trying to frustrate her plans for Brexit.Instead, the British prime minister’s...

UK Plans $1B-Plus Investment in Driverless & Electric Vehicle Technology

Jun 22 2017 // The UK government plans to invest more than 800 million pounds ($1 billion) in new driverless and zero-emission vehicle technology as it seeks to boost its economy while leaving the European Union.Investment in research...

UK, EU Insurers & Banks Need ‘New System’ for Their Post-Brexit Business

Jun 20 2017 // British and European Union banks need a new system to let them do business with each other after Brexit to avoid splitting markets, Britain’s finance minister Philip Hammond said on Tuesday.Britain, the EU’s...

‘Complicated’ Brexit Talks Begin with Questions Over What Britain Wants

Jun 19 2017 // Almost a year since Britons voted to leave the European Union, Brexit talks finally began on Monday amid confusion over what exactly the U.K. government wants from the divorce.What U.K. Brexit Secretary David Davis...

Update: U.K. Voters Reject Prime Minister May’s Vision of ‘Hard Brexit’

Jun 9 2017 // Prime Minister Theresa May will plow ahead with her plan to withdraw Britain from the European Union even as her electoral defeat raised questions over whether she will have to soften her approach or even if she will last...

FM Global Gets License in Luxembourg to Launch Post-Brexit EU Hub

May 31 2017 // U.S. commercial property insurer FM Global has been approved to run a European hub in Luxembourg, a move allowing it to issue policies in the European Union and other countries following Britain’s decision to leave...

Greece Aims to Attract U.K. Shipowners, Insurers & Brokers Seeking Brexit HQs

May 31 2017 // The Greek government wants to persuade shipowners and shipping-insurance companies based in London to move their European Union headquarters to Greece as the U.K. prepares to exit the bloc.“We’re in contact...

UK’s Legal & General Chooses Dublin as Post-Brexit Base for Some Operations

May 26 2017 // British insurer Legal & General said it will move some of its investment management operations to Ireland to ensure it can continue to serve its customers after Brexit.In a win for Dublin’s campaign to attract...

Report: Climate Change to Increase Insured Losses from Windstorms in the U.K.

May 25 2017 // Climate change will drive up wind losses in the U.K. in coming years, according to a recent report from the Association of British Insurers, the Met Office, and Boston, Mass.-based catastrophe modeler AIR Worldwide.The...

U.K. Security Services Warn of Imminent Terrorist Attack; U.S. Leaks Criticized

May 24 2017 // Soldiers are to patrol British landmarks and sporting events in their biggest homeland deployment in decades, as security services warned that another attack by terrorists who killed 22 people at a pop concert on Monday...

Islamic State Claims Responsibility for UK Terror Attack – Worst Since 2005

May 23 2017 // Prime Minister Theresa May vowed to combat the “ideology” behind Britain’s worst terrorist attack in 12 years after a suicide bombing killed 22 people at a pop concert. Islamic State claimed...

UK Firms Choosing Luxembourg as Brexit HQ May Find Lifestyle Differences

May 22 2017 // Little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union, from JPMorgan Chase & Co. to insurance giant American International Group Inc.While many find the Grand Duchy a...

Markel to Set Up Munich-Based Subsidiary in Preparation for Brexit

May 18 2017 // Markel Corp. announced it plans to apply for regulatory approval to establish an insurance company in Germany to ensure that whatever the outcome of the Brexit negotiations it will be able to meet the insurance needs of...

Global Cyber Attack Temporarily Disabled by Security Specialist

May 13 2017 // The cyber attack that spread rapidly around the globe was stifled when a security researcher disabled a key mechanism used by the worm to spread, but experts said the hackers were likely to return as many computers remain...

Insurance Hub Gibraltar Plans for End of EU Passporting After Brexit

May 9 2017 // Gibraltar is preparing for a post-Brexit setup in which its firms will have no longer access to the European Union market but will maintain a preferential relationship with Britain, a top Gibraltar financial official said...