“On the to-do list”: City minister promises reform as London slips behind Paris November 14, 2022 THE CITY minister Andrew Griffith yesterday said post-Brexit financial services reforms were on his “to do list” after new figures suggesting Paris’ stock market had overtaken London’s sent a shockwave through the Square Mile. The total value of all listings in the French capital overtook London last month, according to number crunchers at Bloomberg. Whilst [...]
Apple’s new privacy features may finally trigger a more transparent tech ecosystem March 6, 2021 A new feature in Apple’s operating system has received relatively little attention in the wider media recently, yet it is set to kick start a new era of transparency in the tech industry and hopefully instil more respect for consumer and enterprise privacy. With the launch of iOS 14, Apple introduced a privacy information section [...]
Mark Kleinman: FCA row risks casting shadow over City set-piece May 16, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Dubai’s crypto carousel: M2 takes the stage November 19, 2023 Crypto AM's 'Eye in Dubai' - Lorna Blount - takes a deep dive into a new exchange that's already turning heads in the UAE.
Treasury and FCA worried by payments regulator’s fraud refund scheme August 22, 2024 The government and City watchdog have raised concerns over a fraud refund scheme from the UK payments regulator that firms have warned could do long-lasting damage to the industry, City A.M. understands.
King’s Speech: What to expect from the State Opening of Parliament? November 6, 2023 King Charles will make his first King’s Speech in Parliament on Tuesday as he outlines the government’s legislative agenda for the next year.
FCA to expand guidance for insurers on protecting cash-strapped customers January 11, 2023 The City watchdog has vowed to update guidance for insurers on protecting customers amid the UK’s cost-of-living crisis. The UK’s Financial Conduct Authority (FCA) today set out plans to expand guidance, which was first introduced during the pandemic, to ensure all struggling customers are protected. Under the FCA’s proposed new guidance, insurers will be [...]
Brexit has damaged UK’s competitiveness, reduced productivity and lowered Brits’ real wages, LSE says June 22, 2022 A new bombshell study said this morning that Brexit has damaged Britain’s competitiveness, reducing productivity and lowering workers’ real wages in the years ahead. The report said Britain has experienced a decline of 8 per cent in trade openness – trade as a share of economic output – since 2019, losing market share across three [...]
Tech giants prefer fines to compliance says EU’s Margrethe Vestager February 23, 2022 Some tech giants may prefer to pay a fine rather than comply, said the European Union's antitrust chief, citing Apple's recent battle with the Dutch courts.
Amazon fined by UK watchdog over late documents in Deliveroo probe September 7, 2020 Amazon has earned a slap on the wrist from UK regulators after it failed to meet a deadline for vital documents, as part of a long-running probe into its stake in Deliveroo. The Competition and Markets Authority (CMA) today fined Amazon £55,000, after it was forced to delay its investigation of Amazon’s purchase of a [...]