Bermuda to London: Hunt plots move to supercharge London insurance market November 29, 2023 The Chancellor, Jeremy Hunt, announced in his Autumn Statement that the Government plans to consult on a new framework to encourage the establishment of captive insurance companies in the UK.
Asset management industry ‘under pressure’ as costs rocket May 7, 2024 The global asset management industry is coming “under pressure” globally this year as costs rocket at nearly twenty times the rate of revenues, Boston Consulting Group has warned.
Bank of England makes ‘substantial amendments’ to proposed banking overhaul September 12, 2024 "The bottom line is that we have made substantial amendments to our proposals in response to consultation feedback and evidence," Phil Evans, director of prudential policy, said in a speech published on Thursday.
Boris Johnson set to ban on MPs acting as paid political consultants or lobbyists November 16, 2021 Boris Johnson is set to ban MPs from holding paid consultancy jobs that allow them to act as a “parliamentary strategist, adviser or consultant” in the wake of the Owen Paterson sleaze scandal. The Prime Minister wrote to House of Commons speaker Sir Lindsay Hoyle to say he wanted any outside job by MPs to [...]
Treasury mulls buy now pay later crackdown and launches consultation October 21, 2021 A regulatory crackdown on the booming buy now pay later (BNPL) sector is coming into sight after the Treasury launched a consultation on the policy options for the market today. Consumer rights charity Citizens Advice urged the government to swiftly translate the consultation into action, as it warned that BNPL borrowing can “be like quicksand [...]
XPS Pensions Group continues hot streak with record results June 20, 2024 Pensions consultancy XPS Pensions Group toasted another year of record growth with a set of full year results containing substantial gains in revenue, profit, and rise in its divided.
UK rushing through trade deals without thorough consultation, says independent audit December 8, 2021 The UK’s post-Brexit trade deals are not being utilised by businesses and the government has not engaged in enough consultation before signing them, according to an independent audit. A report from the National Audit Office, an independent parliamentary spending watchdog, said “the speed and intensity of the negotiations … compresses the time available for analysis [...]
Alastair Campbell’s PR agency holds back bonuses after Qatar’s late payment May 13, 2024 A top London PR agency that counts Alastair Campbell as a senior consultant was forced to delay its staff bonuses after the Qatari government was late paying millions of pounds of fees.
Kin and Carta shares soar 40 per cent after £203m takeover deal October 18, 2023 Shares in technology consultancy Kin and Carta rocketed over 40 per cent after it said a £230m cash offer is taking it private.
City mounts final push to topple FCA’s ‘name and shame’ plans April 30, 2024 Top City groups have rounded on the Financial Conduct Authority (FCA) again today as a consultation on its controversial plans to ‘name and shame’ firms under investigation comes to a close.