Britain News
Britain Predicts Financial Services Pact With EU by Month’s End
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 ...
British Officials Claim They Had to Bear Liability in Exchange for Vaccine Deals
Britain had no choice but to agree to bear liability if claims were made against vaccine makers as part of supply deals, officials said on Monday, adding that approval for three of the candidates ...
Post-Brexit Negotiations Between Britain, EU Hit Stalemate
Britain and the European Union made scant progress towards a deal on future ties in talks last week, and their chief negotiators blamed each other for the stalemate as time ticks down to an ...
British Insurers Pursue Government Trade Credit Backstop
British insurers are talking to the government about a backstop for trade credit insurance to support business supply chains hit by the coronavirus pandemic, an industry trade body said. States such ...
Industry Body Warns Most British Companies Not Covered for Coronavirus Closures
Most companies in Britain don't have insurance cover for closures caused by the coronavirus outbreak, the Association of British Insurers said on Tuesday. The government recommended on Monday that ...
Brexit Update: Future BoE Head Urges UK and EU to Avoid Finance ‘Punch-Up’
Britain and the European Union must find a way to settle future differences over how Britain's huge finance industry can do business in the bloc without resorting to a "metaphorical punch-up," the ...
British Regulator Explores Data Sharing Expansion Into Insurance, Other Industries
Britain's Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings, insurance, mortgages, investments, pensions and ...
Brexit Uncertainty Leads to Shrinking Demand for Britain’s Financial Sector
Uncertainty over Brexit and the economy have led demand for Britain's financial services to shrink for the first time in five years, with no immediate sign of an improvement, a survey by business ...