Here today, gone tomorrow: What is the impact of the government abandoning no-deal preparation legislation?

As the country was watching mystified at last night’s extraordinary antics in the House of Commons, it was easy to forget that the prorogation of Parliament has a greater impact than simply making a lot of MPs furious. Buried beneath all the ceremony and speeches, is the reality that five key bills designed to preventRead more

A taxing question: is globalisation compatible with national sovereignty?

Amid the political turmoil surrounding Brexit, you would be forgiven for missing the recent row about British Crown Dependencies and financial transparency. On 4 March, the House of Commons was due to vote on the Financial Services Bill, a piece of legislation concerning the regulation of financial services in the event of a ‘no deal’Read more

Blind faith or regulatory teeth: how can the UK’s regulators stop rising consumer bills?

For millions of consumers across the UK, the findings in this week’s report from the National Audit Office (NAO) would have come as no surprise. Faced with rising costs – resulting for many in rising debt levels – consumers are feeling the pinch in their pockets and an overwhelming feeling they are getting ripped off.Read more

What the Brexit white paper means for financial services

After a difficult few days of infighting over the ‘agreement’ on the UK’s negotiating stance reached at Chequers, government has published its long-awaited Brexit white paper. This sets out (some) detail on the UK’s vision for our relationship with the EU after Brexit. The paper was met with less than rapturous applause by MPs fromRead more

Statement of intent

It has been somewhat overshadowed by the unfolding drama around Brexit, but in just over a fortnight Philip Hammond will present his first Autumn Statement as Chancellor. It will be the first major set-piece announcement on the state of the government’s finances and public spending priorities since the EU referendum result in June. Since becomingRead more

Bienvenue a Paris: What are the implications of France’s pitch to become the financial centre of Europe?

Much has been made of the future of the City of London, and its ability to retain its position as a world-class financial hub in light of the Brexit vote. In the wake of the referendum vote, speculation has been steadily mounting that Paris could make a play to become the new centre for businessRead more

NYLON: Brotherly love or sibling rivalry?

London and New York have been regarded as the world’s two financial powerhouses for decades now. Having flourished during the periods of mass deregulation to the financial markets in the 1980s and 90s, they survived the catastrophic 2008 crash, coming out as even stronger allies. A recent Financial Times article claimed financiers in London nowRead more