Why pension trustees need to embrace a ‘win-win’ and back British firms May 16, 2024 Pension trustees must embrace a “win-win” and begin backing Britain’s homegrown tech companies if younger Brits are to retire with comfortable pension pots, the founding chief of the British Business Bank has warned.
City minister: Pension funds need to start pumping cash into London’s stock market May 15, 2024 UK pension funds need to start pumping cash into London’s stock market “fast”, the City minister will say today, in another warning shot at the sector as government tries to channel a wave of cash into the City.
Inside Westminster’s war with the FCA May 9, 2024 The relationship between the Financial Conduct Authority and the government has been fractious in recent years. Charlie Conchie takes a look at why Westminster went to war with the regulator
City group calls for scrutiny of UK regulators’ impact on competitiveness against international peers April 18, 2024 Greater comparison of the UK's financial regulators to their international counterparts is needed to better evaluate their secondary objective for competitiveness and growth, a top City body has argued.
We need a government to match the private sector’s energy and radicalism April 16, 2024 One thing the government was not light on yesterday at the Innovate Finance Global Summit was advice. Everyone has it. That’s a good thing. Panel discussions were loaded with genuinely interesting ideas about strengthening London’s competitive advantage in fintech. Those that had “made it” were offering advice on corporate governance to those still in the [...]
UK proposes new laws to crack down on push payment fraud March 12, 2024 New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today.
City minister: Debanking trend is a ‘great business opportunity’ for newer lenders February 28, 2024 City minister Bim Afolami has told MPs that big banks closing high numbers of small firms' accounts offers "great business opportunities" for newer lenders with different risk appetites.
Treasury slams City reform critics as ‘inconsistent’ despite lack of progress February 21, 2024 The Treasury has hit back at suggestions its landmark package of City reform is a “damp squib” today, describing the claims as “inconsistent” and claiming it is moving as fast as it can.
City minister sets out plan to ‘simplify accountability for regulators’ and boost competition November 28, 2023 Speaking at the Financial Times' Global Banking Summit on Tuesday, Afolami said his priorities were "threefold".