London market News
Conservative UK Lawmaker Pushes for Harder Brexit, Threatens May’s Leadership
It was appropriate that Jacob Rees-Mogg should have found himself in the middle of another fight. The British Conservative lawmaker has been in the middle of all the important fights lately. ...
Industry Needs to Join InsurTech Wave to Digitize Insurance: AFL’s Esser
There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all lines of business, not just specialty classes. Of course, we ...
UK Official: Britain Wants a Brexit With No Changes
The U.K. has revealed for the first time what kind of trade deal it wants businesses to have with the European Union after Brexit -- and in British eyes, nothing will change. Brexit Secretary David ...
Most UK Lawmakers See Staying in EU Market as Honoring Brexit
A majority of U.K. lawmakers think that remaining in the European Union's single market is compatible with honoring the Brexit referendum result, according to a survey of members of parliament. The ...
Did Russia Meddle in Brexit? Facebook Widens Probe to Find Out
Facebook said on Wednesday it would conduct a new, comprehensive search of its records for possible propaganda that Russian operatives may have spread during the run-up to Britain's 2016 referendum ...
Spain and Netherlands Will Push for Soft Brexit Deal to Keep UK Close
Spanish and Dutch finance ministers have agreed to push for a Brexit deal that keeps Britain as close to the European Union as possible, according to a person familiar with the situation. Spanish ...
London Officials Say Brexit-Related Financial Job Losses May Be Less Than Feared
British banking, insurance and asset management job losses to the European Union due to Brexit might not be as heavy as initially feared, the City of London financial district said on Monday. Jeremy ...
UK Official Warns EU Can’t ‘Cherry Pick’ Post-Brexit Trade Deal
The European Union can't pick and choose which bits of its economic relationship with Britain it maintains and which it eliminates in any future trade deal, U.K. Brexit Secretary David Davis said, ...