Latest Uk Headlines

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

Britain Unveils New Aviation Sanctions Against Russia

Mar 9 2022 // Britain unveiled new aviation sanctions on Wednesday which give the power to detain any Russian aircraft and banning exports of aviation or space-related goods to Russia, saying it had already impounded one plane.The...

IMF Warns Britain About Relaxing High Regulatory Standards for Insurers, Banks

Feb 23 2022 // A push to make London more attractive as a global financial center after Brexit must not threaten high standards of solvency and behavior at banks, insurers and markets, the International Monetary Fund said on...

UK to Ease Solvency II Insurance Capital Rules to Unlock ‘Billions of Pounds’

Feb 22 2022 // Britain will unlock “tens of billions of pounds” of insurance sector capital that should boost the economy through infrastructure investment, financial services minister John Glen said on Monday.The...

Storm Eunice Batters Britain and Ireland With Record Winds Hitting 122 Mph

Feb 18 2022 // An Atlantic storm battered Britain and Ireland on Friday with record winds of up to 122 miles per hour, killing at least one person, knocking out power for tens of thousands and shredding the roof of London’s O2...

UK Braces for ‘Storm Eunice’ and Hurricane-Strength Gusts on Friday

Feb 17 2022 // Britain’s Met Office issued a rare red weather warning for parts of the UK, saying hurricane-strength gusts of 90 miles (145 kilometers) an hour are set to hit the country on Friday.The weather service said the most...

Gangs Now Arbitrate Payment Disputes as Ransomware Growth Continues

Feb 14 2022 // Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new report by the United...

Banks Warned to Prepare for Possible Russian-Sponsored Cyber Attack

Feb 9 2022 // FRANKFURT/LONDON – The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the...

Britain Names Lloyd as Interim Chair of Financial Conduct Authority at ‘Pivotal Time’

Feb 7 2022 // Britain’s finance ministry said on Friday that Richard Lloyd had been appointed interim chair of the Financial Conduct Authority from June at a “pivotal” time for the watchdog as it faces internal and...

Why Post-Brexit Britain Is Economically Isolated, Vulnerable and Running on Fumes

Oct 4 2021 // Lines of cars snake from gasoline stations. Fights break out among angry motorists trying to get fuel. Grocery staples are out of stock on store shelves. A charity warns that doubling heating bills will force a million...

Britain Looks to Revisit Data Privacy Regulations

Sep 10 2021 // Britain said it would overhaul its data protection regulator to help strengthen economic growth and better protect the public, giving authorities scope to impose tougher penalties and fines for nuisance calls and text...

Analysis: A Divided London? City Tackles Brexit With Twin-Track Finance Revamp

Sep 3 2021 // High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York.The City, as London’s traditional financial...

Britain Launches $1 Billion Reinsurance Scheme to Cover Music Festivals

Aug 6 2021 // Britain launched a government-backed reinsurance scheme totaling more than 750 million pounds ($1 billion) on Thursday to cover live events against cancellation risk due to the COVID-19 pandemic, after intense industry...

Chronic Scarcity of UK Workers Blamed on COVID and, of Course, Brexit

Aug 3 2021 // On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion. There are two large banners pinned to the perimeter fence with a mobile phone number: “Bricklayers...

Britain’s Largest Pub Group Launches Billion-Dollar Suit over COVID-Related BI Claim

Jul 20 2021 // Britain’s largest pub group, Stonegate Pub Group Co., sued three insurers for 846 million pounds ($1.2 billion) over losses it suffered after being forced to shut during the coronavirus pandemic.Owned by TDR Capital,...

Update: Britain Unveils Blueprint to ‘Sharpen’ London’s Post-Brexit Competitive Edge

Jul 1 2021 // Britain’s finance minister pledged on Thursday to “sharpen” the competitive advantage of the UK financial services sector as he set out his vision for its future after the City of London lost business to...

Google Vows to Target Online Financial Scams in Britain

Jun 30 2021 // Google will clamp down on financial fraud on its platform in Britain, saying on Wednesday that all financial services will need to be verified by the regulator before they can advertise.Britain’s financial watchdog...

Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism

Jun 16 2021 // Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on Tuesday urged the bloc to avoid protectionism.Britain left the EU in December, largely...

West Virginia Governor Hit by U.K. Lender Bankruptcy

Jun 3 2021 // West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by his coal companies from a lender in the United Kingdom that went bankrupt.The Republican governor took...

Britain’s Financial Services Sector ‘Not Optimistic’ About Getting Access to EU Markets

May 14 2021 // Britain’s financial services sector won’t get access to the European Union’s markets for the foreseeable future following Brexit, industry officials said on Thursday as a row with France simmers.Britain...

Britain’s Financial Regulator Opens Investigation Into Greensill Collapse

May 11 2021 // Britain’s Financial Conduct Authority said on Tuesday it was formally investigating the UK operations of collapsed supply chain finance company Greensill as part of global probes.“We are also cooperating with...