UK Rejects Dynamic Alignment with EU Financial Rules, Sets Red Line in Talks

Cointime update: The UK government of Prime Minister Andy Burnham has refused to adopt dynamic regulatory alignment with the EU in financial services, ruling out automatically following EU rule updates and making the issue a red line in UK-EU negotiations. London wants closer cooperation on agriculture and energy but insists on keeping regulatory autonomy for the City. Industry groups say post-Brexit independence allows flexibility on digital assets, AI and ESG disclosure.