Latest Uk Headlines

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

Block Britain From Cross-Border Court Pact, Says EU

May 5 2021 // Britain should not join a cross-border accord for recognizing courts and their rulings, the European Commission recommended on Tuesday, in a move which British business leaders fear could rachet up costs for smaller...

Impact of Brexit on City of London Is Worse than Expected: Study

Apr 16 2021 // LONDON – Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in assets to hubs in the European Union due to Brexit, with more pain to come, a study from New...

Confidence Among UK CFOs Hits Record High, Helped by Vaccinations, Brexit Hopes

Apr 12 2021 // Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country’s coronavirus vaccinations and hopes for less Brexit disruption, a survey of chief finance...

Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier

Mar 30 2021 // LONDON – Britain should not be “short-sighted” and copy European Union rules just to keep financial activity in London, Bank of England executive director for financial stability Alex Brazier said on...

What Has Changed After Brexit for London’s Financial Center?

Mar 29 2021 // LONDON — Britain and the European Union agreed a new post-Brexit financial services pact on Friday that will allow them to cooperate on regulation but does little to improve the City of London’s access to the...

Britain Proposes Requiring Large Firms to Disclose Climate Financial Risks by 2022

Mar 24 2021 // Britain launched a public consultation on Wednesday on proposals to require large companies as soon as 2022 to disclose the financial risks they face from climate change.The business ministry said disclosures should be in...

Britain Says Financial Services Agreement With EU Should Come Soon

Mar 18 2021 // Britain expects to seal a financial services cooperation pact with the European Union shortly, a senior finance ministry official told a conference on challenges from market fragmentation.The City of London’s ties...

EU Threatens to Ban COVID Vaccine Exports to Britain

Mar 18 2021 // BRUSSELS – The European Union threatened on Wednesday to ban exports of COVID-19 vaccines to Britain to safeguard scarce doses for its own citizens facing a third wave of the pandemic that would jeopardize plans to...

Britain Targets Big 4 Auditors, Company Directors With Reform Proposals

Mar 18 2021 // Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud after the collapses of retailer BHS and builder Carillion.Directors...

Britain Must Think ‘Creatively’ About Keeping London Competitive for Financial Services

Mar 3 2021 // Brexit starts a new chapter for Britain to think “creatively” about keeping the UK an attractive location for international financial services companies, Britain’s finance minister Rishi Sunak told the...

Post-Brexit Exodus of Staff and Assets from London to EU Slows

Mar 2 2021 // LONDON – The shift in financial staff and assets from the City of London to the European Union because of Brexit has eased after Britain completed its full departure from the bloc, a tracker from consultants EY showed on...

Britain Reviews Rulebooks to Keep Financial Services Sector Competitive After Brexit

Feb 25 2021 // Britain is conducting a review of its financial rulebooks and policies to see how it can keep its 130 billion pound ($184 billion) finance sector competitive after Brexit left it largely cut off from the European Union.The...

About 1,000 EU Finance Firms, Such as Insurers, Eye Post-Brexit Outposts in UK

Feb 22 2021 // Around 1,000 European Union finance firms are expected to open their first offices in the UK after losing their passporting rights because of Brexit.Roughly two-thirds of the 1,500 money managers, payment firms and...

Brexit Boosts Amsterdam Ahead of London as Europe’s Top Stock Trading Center

Feb 11 2021 // Amsterdam has displaced London as Europe’s biggest share trading center after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data...

UK Insurers Not Likely to See Cuts in Capital Requirements After Brexit: Bank of England

Feb 10 2021 // The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding that more capital could be “part of the answer” to meeting a 1.7 billion pound bill...

Many UK Companies Report Difficulties with Post-Brexit Trade Arrangements: HSBC

Feb 5 2021 // LONDON – Around 40% of British companies that import and export said the shift to a new trading arrangement with the European Union had made trade more cumbersome last month, a survey showed on Thursday.The report from...

UK Businesses Are Being Hit with Post-Brexit Delays, Bureaucracy – And Higher Costs

Feb 1 2021 // Truckloads of British pig meat waiting to be shipped to Germany and stuffed into bratwursts perished at UK ports this month while stuck in line for customs clearance.It’s a story that barely made a ripple in the UK,...

UK Businesses Face Miles of Red Tape with New Brexit Border Rules

Jan 12 2021 // While the mile-long lines of trucks have dissipated at ports, UK businesses are waking up to less visible forms of friction at the border with the European Union that may cause more enduring damage.From health certificates...

Brexit Ends Britons’ Right to Live and Work in EU – And Travel Insurance Is Essential

Dec 30 2020 // LONDON (AP) – So far, the large majority of British and EU citizens have not felt the realities of Brexit. Though the UK left the European Union on Jan. 31, it follows the bloc’s rules until the end of this year as...

European Freight Forwarders Reject UK Deliveries on Fears of Post-Brexit Border Chaos

Dec 30 2020 // European freight forwarders are rejecting contracts to take loads into the UK due to fears the chaos at Dover could be repeated post-Brexit.Transporeon, a German software company that monitors real-time data on freight...