UK Treasury reforms will give the PRA more flexibility to update and tailor rules over time, while a new growth allowance will let major banks use a limited portion of their balance sheets more flexibly

The UK Treasury's reforms represent a significant shift in regulatory flexibility for the PRA, suggesting a move towards a more adaptive approach in banking oversight.

Newsquawk StaffPublished 18 May 2026, 10:37 UTCOn the live feed at 10:17 UTC — 3 more headlines followed before this page went public

Newsquawk headlinesUTC

10:31

Boston Scientific (BSX) has invested USD 1.5bln for an approximately 34% equity stake in MiRus

10:29

EU Commission Spokesperson says steel safeguards should apply to all EU partners including Switzerland

10:17

UK Treasury reforms will give the PRA more flexibility to update and tailor rules over time, while a new growth allowance will let major banks use a limited portion of their balance sheets more flexibly

10:09

Iran has delivered a new text in 14 paragraphs to Pakistani mediators, which will be presented to the US, Tasnim reports; Iran's new text focuses on the issue of end-of-war negotiations and confidence-building measures by the American side

10:08

A Samsung Electronics (005930 KS) adviser says memory prices are expected to decline from H2 next year, SE Daily reports

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Aims to create a more agile and proportionate ring-fencing framework.

Context

This could enable banks to better manage their capital and liquidity amid changing market conditions, potentially fostering growth in the sector. In the broader context, this may lead to enhanced investor sentiment for UK equities, especially in the banking space, as firms can utilize their balance sheets more strategically.

All markets · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.