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financial services

  • UK has ‘done little to diverge’ from Europe since Brexit

    Regulation

    The UK has “done little to diverge” with the European Union on regulation since Brexit, a new report suggests, but that has not stopped the bloc’s own legislation increasing divergence between the two jurisdictions.   Across a swathe of issues, analysts at UK in a Changing Europe (UKICE) said the UK had cleaved much closer to [...]

    LONDON, ENGLAND - JUNE 11: EU and Union Jack flags are waved as anti-Brexit demonstrators gather outside the Houses of Parliament on June 11, 2018 in London, England. The EU withdrawal bill returns to the House of Commons tomorrow for the first of two sessions in which MP's will consider amendments imposed by the Lords, and another set of fresh amendments. (Photo by Dan Kitwood/Getty Images)
  • HBO’s Industry shows finance is sexy again

    Opinion

    HBO's finance romp Industry didn't make an impact in 2020. Is its 2026 rise a recession indicator? Matt Kenyon muses.

    Industry Season 4 promotional poster featuring the main cast against a corporate backdrop, highlighting business drama the...
  • Financial services set for hiring spree for AI experts in 2026

    Tech

    British banks and finance firms are hunting for behavioural science and psychology experts for ethical AI jobs, as worries about misusing the technology build, experts have said. A desire to accelerate recruitment in 2026 comes after one of the worst years for hiring in the financial services sector since the 2008 financial crisis. Some 55 [...]

    Getty Images logo against a vibrant backdrop, symbolizing media and photography industry presence in digital content.
  • Reeves told City at ‘critical juncture’ after claims of golden age

    January 25, 2026

    Rachel Reeves has been handed a firm warning that Britain’s financial ecosystem is facing a “critical juncture” even after the Chancellor touted a “golden age” of opportunity for the City. The Chancellor faces a call to action following a report from lobby group TheCityUK and Big Four consultancy giant PwC revealing the “hard truth” that [...]

  • Climate minister: We can’t tackle the climate crisis without the City

    January 23, 2026

    As climate minister, I want to work with people who can actually deliver real change, which is why I need the City, writes Katie White.

  • Financial services are not prepared for AI risks

    January 20, 2026

    The Bank of England, the FCA and the Treasury must be proactive in protecting the system against this rapidly developing technology’s potential worst-case scenarios. If not, they are exposing the stability of the UK’s financial system to significant risks, says Meg Hillier It feels like discussion and debates about the AI revolution have reached fever [...]

  • Prudential names HSBC veteran Douglas Flint as new chair

    January 14, 2026

    Prudential has tapped the former chairman of banking juggernaut HSBC Douglas Flint as its new chair. The London-listed financial services giant said on Tuesday Flint would succeed retiring Shriti Vadera, who has been in the post since January 2021. Flint served as HSBC’s chair from 2010 to 2017, following a stint as group finance director [...]

  • The City has moved on from Brexit

    January 14, 2026

    Whisper it, but Brexit is slowly inserting itself back into our national conversation. We remain, thankfully, a long way from the frenzied tribalism of the referendum campaign or the energy-sapping parliamentary drama that followed, but while these days Nigel Farage may be more interested in small boats than backstops, the issues is being discussed – [...]

  • From Brexit to Berne: Financial services enter a new era of global cooperation

    January 12, 2026

    2026 will be a year for collaborating with international partners to tackle shared challenges, reduce cross-border financing barriers, and promote investment, says Dame Susan Langley Henry Ford once said that “coming together is a beginning, keeping together is progress, but working together is success”. As global ambassador for the UK’s financial and professional services sector, my goal for 2026 is [...]

  • City pushes back against closer ties with EU

    January 9, 2026

    Keir Starmer’s plan to foster closer economic ties with the European Union is likely to exclude financial services after senior City figures pushed back against the reintroduction of EU regulations. The prime minister has called for “closer ties” with the EU in a bid to boost economic growth, with senior cabinet members including justice secretary [...]

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