LONDON - Weakening rules for banks and insurers after Brexit would be “anathema”, but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said on Thursday.
Britain has been forced to postpone Brexit twice and is still struggling to agree on the terms of its departure from the European Union before the next deadline, Oct. 31. The bulk of rules applied in Britain come from the European Union, and some lawmakers say Brexit would allow Britain to revise its rules to keep London competitive as a global financial centre. The Bank of England and the Financial Conduct Authority have poured cold water on that idea.
to rebuild trust in banking sector, a return to conservative practice would be a good start. unless this is a warning sign: post-brexit is an exit strategy via force majeu...?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK's Fox says lawmakers rejecting Brexit legislation means no Brexit or no dealBritish lawmakers will have to decide next month whether to vote to ensure Brita... Good Brexit makes not sense. Brexiteers totally forgot that Britannia no longer rules the world. We live in the year 2019, NOT 1868. No deal does not exist. It means “deal after exit”. An after-exit deal would be made under duress and from and even worse UK negotiating position. It is only useful to politicians first promising the impossible, then blaming the other side for coercion.
Source: Reuters - 🏆 2. / 97 Read more »
UK jobless rate falls again as pre-Brexit hiring surge continuesBritain's unemployment rate fell to its lowest level since the mid-1970s as... why does this never show in the welfare bill? if its going down so should the amount we pay out each month or am I missing something? So Brexit is actually good huh?
Source: Reuters - 🏆 2. / 97 Read more »
UK jobless rate falls again as employers hire ahead of BrexitBritain's unemployment rate fell to its lowest since the mid-1970s in early... OBEY WORLD or I BUFF I new jewish god says trump AS HES SENDS 1000S TROOPS TO IRAN AND steals north korea ships
Source: Reuters - 🏆 2. / 97 Read more »
May to launch new push on her Brexit deal next monthBritish Prime Minister Theresa May will launch another push next month to approv... The 'deal' is a toxic UK enslavement treaty written by the EU to screw the UK over. It must not be allowed to pass. Woman continues to bang head against wall hoping for good things to happen!
Source: Reuters - 🏆 2. / 97 Read more »
Fight to replace PM May complicating Brexit talks: Labour's McDonnellThe battle among leading Conservatives to replace Theresa May as prime minister ... Here's a solution.. 1.get rid of May 2. get rid of brexit 3. dissolve parliament 4. hold new elections & new yes/no referendum at the same time 5. stop fighting & get back to work I fully agree dear sploach See my own 'solution' EmmanuelMacron accepted giving time to England to soften Europe discussions and ease AngelaMerkeICDU position several weeks ago. But more time is a loss of time in this case cause the way is long.
Source: Reuters - 🏆 2. / 97 Read more »
Fight to replace PM May complicating Brexit talks - Labour's McDonnellThe battle among leading Conservatives to replace Theresa May as prime minister ... Oh my god... Useless Normans screwing up Briton's BREXIT !
Source: Reuters - 🏆 2. / 97 Read more »
Remain Wars: Britain's anti-Brexit parties are tearing each other apartThe UK's Remain parties are bickering and fracturing while Nigel Farage's Brexit Party is flying ahead. Conservatives turn everything they touch to shit.
Source: BusinessInsider - 🏆 729. / 51 Read more »
UK's Labour not 'getting very far' in government Brexit talks: AshworthAn attempt by Britain's main opposition Labour to try to persuade the gover... Guys this twitter handle predicted it. Must follow her. She predicts political events with full accuracy and does brilliant political and geopolitical analysis. Follow circletwister. Oh come on! Seriously anyone think they would
Source: Reuters - 🏆 2. / 97 Read more »
Labour questions whether successor to May would honour Brexit dealA major sticking point in talks between Britain's government and the Labour... They better or people will revolt. Labor desperate to maintain a pretense of competence
Source: Reuters - 🏆 2. / 97 Read more »
UK's Labour questions whether successor to PM May would honor Brexit dealA major sticking point in talks between Britain's government and opposition... Brexit is stupid. It was based on lies. Conduct a new referendum bad age What a mess!
Source: Reuters - 🏆 2. / 97 Read more »
May to launch new push on her Brexit deal next monthBritish Prime Minister Theresa May to launch new push on her Brexit deal next month, setting a potential timetable for her own departure For the 90065th time Just go and give us a break. At first glance I thought she was wearing a Starfleet uniform.
Source: Reuters - 🏆 2. / 97 Read more »