Tag: Rachel Reeves
Nikhil Rathi reappointed to steer the FCA ship amid bold reforms
Nikhil Rathi has been reappointed as Chief Executive of the Financial Conduct Authority (FCA) to spearhead the regulator’s new approach to financial regulatory oversight.UK...
Fraud? UK payments industry reacts to Spring Statement
Following the UK Chancellor of the Exchequer, Rachel Reeves’ Spring Statement yesterday, industry stakeholders have been left unsatisfied.Reeves' 30-plus-minute speech covered many bases, such...
Rachel Reeves’ Spring Statement signals ‘leaner’ future for payments
UK Chancellor of the Exchequer, Rachel Reeves, has presented the Spring Statement amid sweeping regulatory reforms across various sectors.Last October, Reeves made history as...
Experts warn UK fraud gap will ‘widen’ without budget action
Fraud experts have once again urged the UK government to hold social media companies accountable amid a rising wave of fraud on multiple fronts.UK...
UK to move past ‘hiding behind regulation’ as PSR scrapped
UK Prime Minister Keir Starmer has abolished the Payment Systems Regulator (PSR) as part of efforts to reduce ‘unnecessary’ regulation and drive economic growth.The...
UK-led Coalition seeks to drive growth in emerging markets
UK Chancellor of the Exchequer Rachel Reeves has launched the "London Coalition on Sustainable Sovereign Debt" to promote more sustainable debt financing for developing...
UK embraces T+1 settlements but inflation overshadows seismic financial news
HM Treasury has hosted a meeting of major banking stakeholders to discuss imminent changes to the country’s securities markets, though unfortunate timing saw the...
UK govt toes investment line as bank rate drops but growth...
The UK government has reiterated its commitment to substantial investment after the Bank of England (BofE) forecast troubled times ahead for the country’s economy.GDP...
UK to step up financial services relationship with China to tune...
Despite some major points of contention and political tensions between the two countries, the UK and China have agreed to strengthen links around financial...
Starmer urges watchdogs to eliminate barriers to growth
Sir Keir Starmer has reportedly called on major UK regulators, including the Financial Conduct Authority (FCA), to remove barriers that are stifling economic growth.Sky...
