According to the Association for Financial Markets in Europe, “approximately 80pc of the business conducted by financial services firms in the UK comprises of services offered to non-UK residents That might be a little overstated for effect but still an interesting number. Quite large exporters of financial services,

Proposals to overhaul financial regulation in the UK banking sector will be unveiled by the Financial Services Authority.

Proposals for a radical overhaul of financial supervision in Europe, due to be published soon, are likely to put Brussels on a collision course with the UK

The UK's reluctance to cede more financial supervision powers to Brussels will not deter member states from approving the European Union's new financial authorities, EU diplomats said ahead of a meeting of the bloc's finance ministers tomorrow (2 December).

Lord Mandelson, the UK business secretary, fears that some in Europe are using the financial crisis to call for weaker competition rules and a clampdown on parts of the UK's financial services industry

Any appointment would be recognition of the UK's role as Europe's largest financial centre as well as the relative importance of financial services in the UK economy

UK small firms are to get a £350m aid package to help them cope with the current financial crisis, the government says.

British policymakers have been warned that the UK is becoming an increasingly unattractive place for the financial services industry to do business.

The UK will be seeking changes to EU proposals to create a high-level financial supervisor, stalling yesterday's (20 October) negotiations in Luxembourg to finalise plans for the body.

From Pravda Central (UK): H/L: "Stars come out for top award in financial investigation" Sounds good, doesn't it? And the first paragraph: "Stars from the UK's financial investigation community gathered at the Arsenal Emirates Stadium in London today to celebrate the winners of the Keith Hughes Award for Excellence in Financial Investigation". It does not report whether 'the stars&#...