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Joy 16x9

Has open banking reached maturity?

January 19, 2021

As the UK marks its third year of open banking the promised shake-up of financial services is still to come – but it could be on its way. 

BoE

BoE official revives negative rate speculation

January 18, 2021

No evidence that below-zero rates have reduced bank profits overall, says external MPC member Silvana Tenreyro.

Brexit teaser

UK faces tough battle for EU equivalence on financial services

January 8, 2021

With Brexit complete, UK negotiators are now striving to reclaim access to EU financial markets.

regent street

Third UK lockdown ‘credit negative for banks' asset quality’

January 6, 2021

Additional lockdown measures will add negative pressure to banks' profitability, says Moody’s.

UK economy teaser

What next for the UK economy?

January 4, 2021

It remains unclear whether Boris Johnson’s government can overcome the challenges ahead.

tim skeet teaser

Financial services left in the cold amid Brexit turmoil

December 7, 2020

The UK and EU positions on this economically vital industry have become tangled and confused.

Rolleen McDonnell teaser

Financial services redundancies loom in wake of Brexit

December 2, 2020

As the UK prepares to leave the EU single market, many banking employees face uncertainty. 

fin services clock and data

Banks take stock of UK financial services bill

November 17, 2020

Leaving the EU poses problems and opportunities for banks under the UK’s new regulation framework.

rishi sunak nov 20

UK financial sector blueprint centres on fintech and green bonds

November 11, 2020

Post-Brexit plans for financial sector focus on tackling climate change and promoting fintech.

Bank of England and rates

UK banks prep IT systems for negative rates

November 10, 2020

Lenders must respond by November 12 to Bank of England request on whether in-house tech is ready for below zero rates.

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