UK economy: Does Labour’s economic hotchpotchism matter? January 21, 2025 Although gilt jitters have eased, the embattled Chancellor now faces a new and far more serious criticism.
FCA chair: Our growth push will test UK’s risk appetite January 20, 2025 The Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City will test the UK’s appetite for risk, its chair has warned, accepting that two of its new proposals could open the door to more fraud and mortgage defaults. Writing in City AM today, Ashley Alder said the FCA will [...]
FCA: Going for growth means taking risks January 20, 2025 Ashley Alder, chair of the Financial Conduct Authority, says the financial services sector has long recognised that effective regulation can be a powerful enabler of growth. The question now is not should we embrace risk, but how much? January is a time to reflect, re-balance and re-focus. And this year, the relationship between regulation and [...]
Lessons from Trump to make Britain great again January 20, 2025 While American entrepreneurs feel the winds of optimism, British businesses remain trapped by regulation that is slowly strangling our economic potential. Donald Trump has shown it doesn’t have to be this way, says Simon Dolan The world is bracing itself for a disruptive era of change, as Donald Trump prepares to take the reins of [...]
Labour’s appeal to regulators is about blame-shifting, not growth January 20, 2025 Labour has appealed to the regulators for ideas to boost the economy, but Britain can’t regulate its way to growth, writes Eliot Wilson After six months of a Labour government, it would be hard to argue the economy is healthy. The economy flatlined in July, August and September, the hike in employers’ National Insurance contributions [...]
The UK is at risk of missing out on the crypto revolution January 19, 2025 Crypto is not a curiosity or a fad, it’s set to transform financial services – and as with any true innovation we must be prepared to experiment and sometimes fail, says Lord Ranger The soaring office towers of Canary Wharf stand as testimony to Britain’s golden era of smart regulation and financial ingenuity, cementing London’s [...]
Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech January 16, 2025 Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?
Reeves ramps up pressure on regulators in bid for growth January 16, 2025 Chancellor Rachel Reeves and business secretary Jonathan Reynolds are set to meet with a group of watchdogs today as they kickstart plans to cut red tape from the economy and drive growth through regulation. The chiefs of various regulatory agencies, including Competition and Markets Authority, Ofcom and Ofwat, have been summoned to Downing Street. Officials [...]
Mark Kleinman: Regulators’ D-Day is crucial for Starmer agenda January 16, 2025 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he looks at D-Day for regulators, Ebury’s IPO knife-edge and Badenoch’s Reform nightmare Regulators’ D-Day is crucial for Starmer agenda It’s D-Day for Britain’s regulators. Barely three weeks after a dozen economic watchdogs were [...]
Can Italy’s challenger European rugby project win them a World Cup? January 14, 2025 Rugby authorities in Italy have reportedly submitted plans for a new European rugby competition. But can it be viable, and is the World Cup the end goal? The new president of Italy’s rugby federation, Andrea Duodo, caused a little bit of a stir recently when he confirmed that new proposals for a European club rugby [...]