What does the Brexit legacy mean for the Conservatives? January 31, 2024 The reality of Brexit, for good and ill, is being felt by businesses across the country. But the most fundamental impact of the vote remains the one it had on the Tory party.
Labour: We’ll ‘unashamedly champion’ financial services as party plots rulebook reform January 31, 2024 Labour have promised to reform the City's rulebook to give financial services the support it needs to be competitive on the global stage
Payments watchdog mulling greater powers as Visa and Mastercard ‘run rings’ with fee hikes January 30, 2024 The UK payments watchdog has mulled whether it should have more powers to take firms to court if they refuse to provide information as it faces criticism for not doing enough to clamp down on post-Brexit credit and debit card fees.
UK Finance boss: City’s post-Brexit ‘challenger’ role takes ‘some getting used to’ January 30, 2024 Postings noted that in the Brexit debates "there was probably more debates around fishing quotas than there was around financial services".
Bunq mulls London IPO as European neobank plots Monzo and Revolut UK challenge January 30, 2024 European fintech and neobank Bunq has applied for a UK electronic money institution (EMI) licence as it looks to capture market share from the likes of Revolut and Monzo ahead of a potential IPO.
FTSE: Analysts most bullish on UK stocks since before Brexit as London ‘potentially undervalued’ January 29, 2024 Analysts are the most bullish on UK stocks in at least eight years, according to new analysis, as the market’s recent underperformance has made shares cheaper.
London is a top global financial centre – but let’s not get complacent January 29, 2024 London may currently hold the top position in global finance hub ratings, but solid policy and reforms are urgently required, writes Chris Hayward
Government could launch Natwest public share sale this summer January 28, 2024 The government is preparing to start selling its shares in Natwest to retail investors as soon as the middle of this year, City A.M. understands.
UK and Canada suspend Brexit trade negations in row over beef and cheese January 26, 2024 The agreement collapsed after Canada had been urging Britain to row back a ban on hormone-treated beef, which had been a thorn in the side of negotiators. The result would be less favourable terms of trade for UK farmers.
Hinkley Point C faces additional four-year multi-billion pound delay January 24, 2024 Completion of the Hinkley Point C nuclear power plant has been delayed by up to four more years at the cost of billions of pounds, according to its manufacturers. France’s state energy company EDF, which operates all of the UK’s five active nuclear power stations, said the project’s launch date has been pushed from June [...]