City finance jobs shrink as Budget fears add to cautious mood October 12, 2026 Finance jobs in London shrunk in September as employers weighed up the raft of economic pressures and uncertainty around the forthcoming Budget. City vacancies tumbled 30 per cent to 1,200 by the end of the third quarter, compared with 1,719 in July at the start of the three-month window according to recruiter Morgan McKinley. Jobs [...]
Britain ‘becoming incubator nation’ of firms that flee London October 11, 2026 The UK is at risk of becoming an “incubator nation” which creates promising start-ups before losing them to rival markets, John Healey has been warned. The Chancellor has been told to take immediate action to revive the London stock market, as City leaders warned that the exodus of British start-ups is “not business as usual”. [...]
Verdant Rock Receives A (low) Financial Strength Rating from Morningstar DBRS, Adding a Second International Investment-Grade Assessment October 9, 2026 Verdant Rock now holds Financial Strength Ratings from both Fitch Ratings and Morningstar DBRS, providing counterparties with dual-agency confirmation and reinforcing the security architecture behind each financial guarantee
BILTIR’s Largest Ever Conference Showcases Bermuda’s Role as a Global (Re)Insurance Leader October 9, 2026 Industry leaders and regulators from around the world convened in Bermuda for discussions on investment, technology, and evolving global markets
Healey is chasing away City professionals for very short-term gains October 9, 2026 Retaining the individuals who fund business expansion should be considered a national priority, but Healey looks more likely to drive them away.
Businesses could face flood of ‘trivial’ compensation claims over GDPR worries October 8, 2026 Businesses could face a “raft” of “trivial” data protection claims if the Supreme Court rules compensation can be won for emotional distress or anxiety caused by data breaches without needing to prove any harm actually occurred, in a hearing set to conclude on Thursday. The case was originally brought by 432 current and former police [...]
Sam Altman-Backed Meanwhile Raises $37.5M as Families Across Asia, Europe and the Middle East Turn to Bitcoin Life Insurance October 8, 2026 Existing investors, led by Bain Capital Crypto, back the first licensed Bitcoin life insurer after its single-premium policy for international clients drives a record year
Minister denies Labour’s tax hikes behind youth unemployment October 8, 2026 The Labour government’s £25bn hike in taxes paid by employers is not the main driver behind rising youth unemployment, a government minister told City AM. Baroness Jacqui Smith, the skills minister, said that changes in NICs and minimum wages have not been the main drivers behind a rise in unemployment rates for people under the [...]
The Brooke Law Group Wins Court of Appeal Victory for Crypto Exchange Kyrrex October 8, 2026 Kyrrex wins Court of Appeal in Jones v Persons Unknown
‘Sick at the desk’ workforce crisis costs UK economy billions every year October 8, 2026 Britain’s workforce health crisis isn’t happening on sick leave; it’s happening at the desk, as employees are working through illness and stress. Poor workforce health is estimated to cost the UK economy £241bn in lost productivity annually, according to claims in a new report by healthcare insurer Vitality, with mental ill-health being the single largest [...]