London market News
No-Deal Brexit Could Produce ‘Massive Crisis,’ German Industry Warns
German industry warned that Europe risks sinking into chaos and trade will collapse if U.K. and European Union leaders fail to resolve their differences on the future of Britain's relationship with ...
One Target Area for the London Market to Grow: Driverless Ships
Autonomous ships could offer significant growth potential for the London market, according to the findings of a survey conducted by the International Underwriting Association (IUA). Indeed, 25 ...
About That Expected Brexit Breakthrough …
The U.K. hinted that a breakthrough in Brexit talks may not be that imminent, as it insisted the European Union must make the next move on what Britain's future ties with the bloc will look like. ...
Don’t Worry? EU, UK Regulators Will Cooperate to Aid Smooth Brexit
European Union regulators have recognized the need to cooperate with their UK counterparts to avoid disorderly markets if no agreement is reached on the terms of the UK's departure from the EU, ...
UK’s Boris Johnson Blasts PM’s Brexit Plan as ‘Not Democracy’
Boris Johnson won cheers at the U.K. Conservative Party's annual conference with an attack on Theresa May's Brexit plan, but stopped short of calling for her to be removed as prime minister. While ...
Brexit Drama: UK PM May Vows Not to Flinch in Negotiations Impasse
Prime Minister Theresa May said Britain would not flinch in an impasse with the European Union about its departure from the bloc, as French and German ministers suggested the next move in the ...
Lloyd’s Returns to a Profit in H1, But Investment Income Drives Down Pre-Tax Profits
Lloyd's reported a return to profits during the first half, in a welcome recovery after its big losses of 2017. Pre-tax profits during the half were £600 million ($793.1 million), compared to £1.2 ...
UK PM May Appeals to EU for Brexit Goodwill
Prime Minister Theresa May will call on the European Union to show "goodwill and determination" to avoid a disorderly Brexit, urging them to get behind Britain's offer of a "fair arrangement," a ...