FinanceThe naysayers are wrong – the UK is still a world leader in financial servicesJune 10, 202341Telegraph readers need no reminder about the importance of financial services to the success of this great nation.In 2022-23 the...
FundsLondon is heading for a Brexit showdown – financial reforms won’t stop it crashing outJune 4, 202336Mr Rolet warned that Brussels’ plan to onshore clearing activity poses a “systemic risk” to the European Union.He said: “The...
FundsLabour warned off meddling in the retirement funds of millionsMay 29, 202330Private DB schemes currently oversee assets of about £1.5 trillion. They have divested significantly away from UK equities in recent...
BankingTech analysts quit en masse amid turmoil at City investment bankMay 21, 202344Other smaller investment banks, including Numis, Peel Hunt, and finnCap, have also shrunk over the last year by cutting jobs...
EconomyBank of England to water down rules for lenders to boost Britain’s competitivenessMay 14, 202346The Bank of England is preparing to water down changes to its post-crisis rulebook after lenders warned plans to raise...
CryptocurrencyKemi Badenoch seeks meeting with Revolut amid fears it may leave UKMay 7, 202339Revolut’s chief executive launched a further torrent of criticism on Sunday when he criticised the Financial Conduct Authority’s (FCA) delays...
MortgagesCity of London reforms risk repeat of Equitable Life savings scandal, warns Bank of EnglandJanuary 16, 202337Brexit freedoms in the City of London risk triggering an Equitable Life-style scandal that could leave policyholders nursing huge losses,...
BankingWall Street giants step up their challenge against British banksDecember 25, 202236When Goldman launched Marcus, its direct-to-customers retail bank, in the UK in 2018 and JPMorgan followed suit with Chase last...
BankingBank of England is ‘dragging its feet’ on cutting EU red tapeNovember 13, 202245The PRA last week launched its latest consultation on reducing the burden around reporting and administrative requirements for Solvency 2. ...