U.k Regulator Issues

U.K. Regulator Starts Review Into Motor and Home Insurance Market

The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

Business - The Wall Street Journal - October 16

Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue

Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.

Business - CNBC - October 28

Trump Accuses U.K. Labour Party of Election Meddling

Donald Trump’s campaign said Britain’s governing Labour Party had engaged in “blatant foreign interference.” Other British politicians have previously acted in support of Mr. Trump.

World - The New York Times - October 24

U.K. Plans Disposable Vape Ban in England

The measure, which echoes plans in Scotland and Wales, aims to protect young people’s health and reduce environmental damage.

World - The New York Times - October 24

U.K. Budget Makes a Big Bet on Spending for Growth

The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.

Business - The New York Times - October 31

U.K. government cuts NatWest stake by £1 billion

The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.

Business - MarketWatch - Yesterday

Swiss regulator orders UBS to bolster emergency plans

Finma suspends annual approval of bank’s ‘living will’ in light of added risk from Credit Suisse takeover

Business - Financial Times - October 15

Bradley Tusk Gets Real About Tech Regulations

Tusk made his name helping Uber plow through regulatory roadblocks. We asked him to forecast the future of regulation for AI, social media, and crypto.

Business - Inc. - October 15

‘We’ve got a real problem’: Starmer takes on the regulators

Solution may lie in new pandemic-inspired unit

Business - Financial Times - October 16

German regulators approve construction of nationwide hydrogen network

World - Yahoo News - October 22

Water regulator signals further increase to bills in England

Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investment

Business - Financial Times - October 22

California leads the way on regulation of food additives

Food companies exploit a loophole in the FDA’s rules that let them self-determine an additive’s safety, yielding obvious conflicts of interest.

Politics - The Hill - October 22

Carbon Removal Companies Seek More Regulation

As federal dollars flood the sector, these emissions fighters want official standards and regulations to boost transparency and confidence in their work.

Business - Inc. - October 23

UK competition regulator to probe investment barriers

CMA also warns that price ‘mark-ups’ have risen over past 25 years

Business - Financial Times - October 23

Trans charity Mermaids was mismanaged, regulator says

Two-year probe says Mermaids struggled after rapid period of growth but did not break rules when offering services to children.

New football regulator to be given power to tackle controversial 'parachute payments'

"Strengthened" legislation to establish an independent football regulator for the elite men's game in England is set to be introduced to parliament by the government.

U.K. Gambling Stocks Fall on Reports of New Industry Taxes

Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.

Business - The Wall Street Journal - October 14

Eli Lilly to trial use of weight loss drugs to combat unemployment in U.K.

U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K.

Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives

U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...

Business - MarketWatch - October 16

The U.K. Will Debate Legalizing Assisted Dying. Here’s What to Know.

A bill introduced in the House of Commons could legalize assisted dying for the terminally ill, under strict conditions. A similar proposal was rejected in 2015.

World - The New York Times - October 17

David Lammy, U.K. Foreign Secretary, Visits China in Bid to Reset Relations

David Lammy is set to meet China’s foreign minister in Beijing on Friday, in a trip the British government said would acknowledge “areas of contention as well as areas for cooperation.”

World - The New York Times - October 18

Putin's Attempt To Recruit North Koreans In Ukraine War Is 'Desperate,' U.K. Warns

World - Yahoo News - October 22

HSBC to split U.K. and Hong Kong banking arms into two separate units

HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western markets divisions, new CEO Georges Elhedery said

Business - MarketWatch - October 22

Son of Singapore’s First Prime Minister Says He Is Granted Asylum in the U.K.

Lee Hsien Yang accused his brother, a former prime minister, of persecuting him politically, inflaming the feud in Singapore’s first family.

World - The New York Times - October 23

Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient

The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...

Business - The Wall Street Journal - October 23

Tommy Robinson, U.K. Anti-immigrant Agitator, Jailed for Contempt of Court

The founder of the English Defence League was sentenced to 18 months for ignoring a court order to stop making false claims about a teenage Syrian refugee.

World - The New York Times - October 29

In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward

British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.

World - The New York Times - October 29

U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.

The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)

Business - MarketWatch - October 30

U.K. borrowing costs rise in volatile trade after budget delivered

U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...

Business - MarketWatch - October 30

Former U.K. Prime Minister Boris Johnson on new memoir and the U.S. election

Boris Johnson joins "CBS Mornings" to talk about his new memoir, his time as British Prime Minister, his role in Brexit and offers his views on the current U.S. presidential election.

U.K. Confirms New Cases of Clade Ib Type of Mpox

The authorities said the risk of a rapid spread remained low because the new cases had had household contact with the first infected person.

World - The New York Times - 6 days ago

Princess Kate attends U.K.'s annual Remembrance events

Catherine, Princess of Wales, attended her first major royal occasion since ending chemotherapy for her cancer treatment.

U.K. ambassador says "it's no say" for European leaders to discuss what Trump will do

Karen Pierce, Britain's ambassador to the U.S., tells "Face the Nation with Margaret Brennan," that amid the world reaction to President-elect Donald Trump's return to the White House, "it's for ...

Politics - CBS News - 2 days ago

Archbishop of Canterbury Resigns Over U.K. Church Abuse Scandal

Justin Welby, the leader of 85 million Anglicans worldwide, announced his resignation days after a report found he had taken insufficient action over claims of abuse.

World - The New York Times - 10 hours ago

U.K. Plans to Fine Tech Executives for Illegal Weapon Sales Online

In a bid to curb knife crime, the government would hold officials of tech companies personally liable for illicit sales on their platforms, a significant shift in internet regulation.

World - The New York Times - 1 hour ago

SpaceX sues California regulators over rejected launches, claiming political bias

SpaceX filed a lawsuit against a California commission Tuesday, accusing members of political bias after they rejected the aerospace company’s request to allow more rocket launches from an air base ...

Politics - The Hill - October 16

Nebraska regulators settle with one of communications companies involved in 911 outages

Nebraska regulators settle with one of the two communications companies involved in separate outages.

Sports - Yahoo Sports - October 16

Lawsuits aim to prevent ‘illegal’ hiding of toxic chemicals by US regulators

Companies often claim ‘confidential business information’ to not disclose key information about dangerous chemicals. Two lawsuits aim to stop US federal regulators and industry from “illegally” ...

World - The Guardian - October 17

UK regulator sets out plans for earlier banker bonuses

Prudential Regulation Authority chief says 8-year deferral period, introduced after financial crisis, could be cut to 5 years

Business - Financial Times - October 18

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