Latest Uk Headlines

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

Brexit Results in ‘Substantial Negative Impact’ on Trade Between UK and EU: Report

Oct 19 2022 // Brexit resulted in a “substantial negative impact” for trade in both directions between the European Union and the UK, according to Ireland’s Economic and Social Research Institute.Trade from UK to the EU...

UK Market Turmoil Threatens Plans for Post-Brexit Reforms for Insurers

Oct 6 2022 // Reforming European Union insurance rules to release billions of pounds of capital is a key part of the UK government’s program to boost the economy. The market turmoil unleashed by the mini-budget may make such...

Britain Lifts Ban on Gas Fracking in England in Push for Energy Independence

Sep 22 2022 // Britain on Thursday formally lifted a moratorium on fracking for shale gas in England that has been in place since 2019, saying strengthening the country’s energy supply was an “absolute priority.”Energy...

Britain Proposes Reforms for Insuring Apartment Blocks After Deadly Grenfell Tower Fire

Sep 21 2022 // Britain’s financial watchdog has proposed reforming how apartment blocks are insured after the deaths of 72 people in the Grenfell Tower fire in London led to rocketing premiums on policies.The Financial Conduct...

Britain’s Haleon Rejects Potential Zantac Liabilities in U.S.

Sep 21 2022 // Haleon believes it is not liable for any claims that may arise from U.S. litigation over the heartburn drug Zantac, the London-listed company’s CEO Brian McNamara told Reuters on Tuesday.More than 2,000 legal cases...

Britain’s Beaches Face Growing Problem With Sewage Discharges

Aug 29 2022 // Raw sewage has been spilling into seawater in some parts of England and Wales over the past week after heavy rains overwhelmed sewer systems. The contaminated flows triggered new pollution risk warnings and advice against...

Britain’s Proposed Post-Brexit Financial Reform Explained

Aug 12 2022 // Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules since leaving the European Union.Approval of what is the biggest...

Admiral Sees Cost of Motor Claims Running High in Britain and U.S.

Aug 10 2022 // The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said on Wednesday, after the company posted a 48% fall in pretax profit due to a “more...

London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain

Jul 25 2022 // London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game — that is the warning from Mark Austin, the latest person charged with sprucing up the...

Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry

Jul 21 2022 // Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as it sidesteps calls to cut taxes on banks or ease curbs on hiring foreign staff...

Britain Initiates Post-Brexit ‘Transformation’ of Financial Services

Jul 20 2022 // British financial regulators will have to promote the global competitiveness of the country’s financial sector, though a plan for more government oversight of their work has been put on hold for now, finance minister...

New UK Finance Minister Targets Flexibility of Post-Brexit Financial Regs, Solvency II

Jul 19 2022 // Britain’s government must focus on sound public finances and avoid further fueling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to say in his first major speech on Tuesday.Zahawi will...

UK Regulator May Lack Bandwidth to Push Post-Brexit Competitiveness: Policymaker

Jul 19 2022 // The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive global financial center, a policymaker designate said on Monday.Britain’s government is due...

UK Government Chaos Sparks Fears in City of London of More Post-Brexit Limbo

Jul 7 2022 // City of London executives have expressed anxiety that the turmoil rocking the UK government may delay or derail post-Brexit reforms aimed at boosting competition and growth.The resignations of Chancellor Rishi Sunak and...

Parliament Cautions Regulators: UK Finance, Insurance Yet to Feel Full Brexit Impact

Jun 24 2022 // Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday.The finance...

UK Should Avoid Hasty Financial Services Reforms Following Brexit: Lawmakers

Jun 23 2022 // Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday.The finance...

UK Lawmakers Warn About Watering Down Post-Brexit Financial Regulation

Jun 16 2022 // Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules to boost London’s competitiveness, or stray from global standards, a UK parliamentary...

Britain Aims to Bolster Competitiveness in Financial Services With Nimbler Regulation

May 10 2022 // Britain said on Tuesday it will require its regulators to help the City of London remain a globally competitive financial center after being largely cut off from the European Union due to Brexit.The government outlined...

Britain Proposes Post-Brexit Relaxation of Solvency II Capital Rules for Insurers

Apr 28 2022 // Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government said would increase investments in long-term infrastructure.Britain inherited rules...

Britain to Write Rules Forcing Companies to Publish Plans for Net Zero Transition

Apr 25 2022 // Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from next year for transitioning to a net zero economy by 2050.Last November at the COP26 UN Climate...