Sunak wants insurers to explore products
British finance minister Rishi Sunak has directed Treasury officials to explore with the insurance industry new financial products. This would help people, to cover their share of costs for social care. Prime Minister Boris Johnson set out plans to raise taxes on workers, employers and some investors. By this tax they will try to fix a health […]
Brexit hit to British Banks still not fully felt, UK finance ministry says
Britain’s top financial assistants said that the hit to the city of London was less severe than the prediction, from Brexit. Britain has reached the post Brexit steady state. Katharine Braddick, head of financial services at Britain’s finance ministry told an event held by the Peterson Institute for International Economics that banks settling on locations […]