Tidjane Thiam
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Prudential warns new rules may force it to move from UK

The insurer Prudential fears tighter rules on the amount of capital it must hold may force it to move its headquarters out of the UK.

BBC business editor Robert Peston says the company's chief executive thinks there is a risk that new rules emanating from Brussels will damage the value of millions of British people's pension savings.

They could see the Pru leave the UK to protect other parts of its business.

Tidjane Thiam, Prudential's chief executive, says it's not a decision they're taking lightly.

  • 13 Mar 2012