Sentiment among UK financial services firms fell at its quickest pace since September 2019 as businesses worry about the impact of the cost-of-living crisis, according to a new survey. Firms reported declining optimism, with fears over low demand for services and poor returns on investment, which is limiting spending in the sector on recruitment and…
British Financial Services Optimism Wanes as Cost-of-Living Crisis Hits
Britain Urges EU to ‘Expedite’ Financial Services Talks
LONDON—Britain’s finance ministry has called on the European Union to open talks on financial services after the London Stock Exchange urged the bloc to avoid a retreat into protectionism. Britain left the EU in December, largely cutting off the City of London’s financial services centre from the bloc. Banks and other financial firms that used…
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