Joe Biden’s executive order smoothing a transition to open-banking should inspire UK competition and innovation July 16, 2021 President Biden won a lot of praise when he issued a slew of consumer-friendly executive orders last week. One of them could have an impact here, an ocean away from the US consumers who’ll feel the direct benefit. The order aims to make it easier for US customers to access and share their banking data. [...]
London Stock Exchange defends deregulation drive after pension group’s warning May 14, 2024 The London Stock Exchange has defended its deregulation drive today after a top pension group sounded the alarm over the lobbying activities of a City taskforce led by the exchange's chief executive Julia Hoggett.
The CMA sets out new regime for tech giants such as Google and Facebook December 8, 2020 The CMA sets out new regime for tech giants such as Google and Facebook
What makes King’s Cross London’s best train station? Competition July 2, 2024 Passengers on the East Coast mainline enjoy fierce fare competition and a choice of routes, so why isn’t this successful model replicated elsewhere on the network? Asks Tony Lodge What makes King’s Cross unique among London’s train stations? Why do passengers who use the station rate most of its train services the very best in [...]
It’ll take more than a big screen to revive the London Stock Exchange June 13, 2024 A live market screen in Paternoster Square is no substitute for the cultural and regulatory reforms we need to get companies listing in London, says Tim Focas In what seems like a desperate attempt to breathe new life into London’s equity market, London Stock Exchange Group (LSEG) CEO Julia Hoggett has proposed installing a live [...]
Regulator floats reversal of key part of Mifid II as current rules ‘restrict’ UK asset managers April 10, 2024 It said today that following a consultation, it will open up new doors by giving them more freedom and choice in how they pay, amid concerns it makes UK asset managers internationally uncompetitive.
Ebay and Adevinta sell British units to secure CMA approval March 2, 2021 Ebay and Adevinta have announced plans to divest three smaller British units, including Gumtree, in a bid to secure regulatory approval for their merger. The Competition and Markets Authority (CMA) last month said the two companies would have to resolve their concerns before proceeding with the $9.2bn tie-up. As a result the companies have set [...]
Axe the £4bn-a-year share tax holding back stock markets, government told August 29, 2023 CALLS are increasing for the UK’s £4 billion-a-year share trading tax to be reduced or scrapped in an effort to reinvigorate our capital markets.
FCA presses on with listings shake-up in bid to revive London’s barren IPO market December 20, 2023 The FCA has confirmed its shake-up of the listing market in a new set of rules.
Viagogo forced to break up Stubhub after $4bn takeover February 2, 2021 Viagogo must sell all of Stubhub’s operations outside the US to satisfy competition concerns over its $4bn (£2.9bn) takeover, regulators said today. A probe by the Competition and Markets Authority (CMA) found that the deal would lead to a substantial reduction in competition in the secondary ticketing market and potentially result in higher fees or [...]