All the headlines from our Uk Topic Page, ordered by recency.
Sep 8 2014 // BP Plc got support from the U.K. government in its U.S. court fight over the level of compensation required under a settlement of lawsuits stemming from the 2010 Gulf of Mexico oil spill.The U.K. told U.S. Supreme Court...
Sep 5 2014 // For the banks, insurers and fund managers that thrived and survived in Edinburgh through war and recession for two centuries, a whole new challenge is looming.Royal Bank of Scotland Group Plc and Standard Life Plc might...
Aug 18 2014 // National Australia Bank Ltd., the nation’s largest lender by assets, will set aside more than £245 million ($410 million) in its full-year result for compensation related to U.K. insurance and hedging products.The...
Aug 13 2014 // AXA SA’s property unit agreed to buy a 50 percent stake in a shopping mall and other assets in the English city of Bristol from Land Securities Group Plc for £267.8 million ($450 million).The purchase of Cabot...
Jun 23 2014 // AA Ltd., the U.K. roadside- assistance provider and auto insurer, fell in its first day of trading after a 1.4 billion pound ($2.4 billion) initial public offering that resulted in the exit of its private-equity owners.AA,...
Jun 12 2014 // U.K. insurers should have a cap placed on the cost of replacement cars for drivers at fault for accidents to help reduce insurance premiums, the country’s Competition and Markets Authority said in a draft opinion...
Jun 11 2014 // With hackers stealing tens of millions of customer details in recent months, firms across the globe are ratcheting up IT security and nervously wondering which of them is next.The reality, cyber security experts say, is...
May 13 2014 // JPMorgan Chase & Co., the world’s biggest securities firm by revenue, named Piers Davison head of U.K. investment banking for the financial institutions group amid a shake-up of its advisory team for banks and...
Apr 29 2014 // If the UK exits the European Union, it could wreck London’s position as the only financial center to rival New York and isolate the country’s economy, research ordered by a lobby group for banks and money...
Apr 16 2014 // RSA Insurance Group Plc said the head of its U.K. and Western Europe business will leave the company, marking the first resignation of a senior manager since Stephen Hester was hired to revamp the British insurer. Adrian...
Apr 3 2014 // The U.K.’s top financial conduct watchdog’s first birthday today was marred by complaints from the government and lawmakers about its handling of a leak that sent shares in insurance companies tumbling last...
Mar 17 2014 // New York replaced London as the world’s leading financial center for the first time, after the U.K. capital was rocked by a series of scandals and questions over the U.K.’s place in the European Union.New York...
Feb 26 2014 // Direct Line Insurance Group Plc, seen as one of the insurers most vulnerable to losses from the recent U.K. storms, said weather claims may cost as much £110 million ($183.6 million) as full-year profit jumped.Pretax...
Feb 24 2014 // Aviva Plc, RSA Insurance Group Plc, and Direct Line Group Plc are poised to bear the brunt of losses from flooding in Britain that is estimated to cost the industry as much as £1 billion ($1.667 billion).Aviva, the...
Feb 19 2014 // London’s financial services center would lose access to the wider European Union should Britain quit the bloc, the EU’s justice chief said on Monday, warning that such a move would reduce its status to that of...
Feb 19 2014 // Homeowners in some of Britain’s wealthiest districts face a drop in property values and the prospect their homes may be uninsurable as record floods blight towns along the River Thames.About 5,800 homes have been...
Feb 17 2014 // The U.S. is freezing and the U.K. is flooded. Clearly, Indonesia is at fault. That, in any case, is my layman’s interpretation of a report this week from the U.K.’s meteorological agency, the Met Office. It...
Feb 11 2014 // Waterlogged towns on the River Thames west of London braced for more floods as rains persisted across southern England and Deloitte LLP said the storms may cost insurers £1 billion ($1.6 billion) by April.The Environment...
Feb 10 2014 // Severe flooding and landslips cut off rail links to large parts of southwest England for more than 24 hours at the weekend as the government came under pressure for its handling of storms battering Britain.Some areas have...
Feb 6 2014 // Hundreds of homes in western England and Wales remained without power today after storms cut lines and damaged railway tracks.About 280 households had electricity cuts as of 8:30 a.m. U.K. time, said Western Power...