Britain Financial News
14.12 / 14:41
regulation
Financial Services
ESG
FCA
ESG ratings
FCA-convened industry group unveils code of conduct for ESG ratings and data providers
The code was set up to provider greater scrutiny and transparency within the ESG ratings and data products space, to provide markets with greater confidence in ESG data, especially considering the current efforts to achieve net zero.
14.12 / 14:28
ETF
Manufacturing
Platform
Invesco
Altria
country
reports
4 Dividend Stocks With 8%+ Yields to Supercharge Your Portfolio
This year has proven to be less than favorable for dividend investors. Here's why:
14.12 / 14:26
Citi
Target
Waters
Fighting
information
travelers
Missile fired from rebel-controlled Yemen misses a container ship in Bab el-Mandeb Strait
A missile fired from Houthi-controlled territory in Yemen missed a container ship traveling through the crucial Bab el-Mandeb Strait
14.12 / 14:26
Target
economy
Coronavirus
pandemic
show
country
Bank of England holds interest rates at a 15-year high despite worries about the economy
The Bank of England has kept borrowing rates unchanged despite mounting worries over the state of the British economy
14.12 / 14:26
Cooper
country
Japan, UK and Italy establish a joint body to develop a new advanced fighter jet
The defense ministers of Japan, Britain and Italy have signed an agreement to establish a joint organization to develop a new advanced jet fighter, as the countries push to strengthen their cooperation in the face of growing threats from China, Russia ...
14.12 / 14:25
Provident
Digital
CEO
Bitcoin
patient
M&G Investments leads $30 million seed round in crypto startup GFO-X
GFO-X is preparing for the launch of a digital asset derivatives marketplace for institutional investors. In May, the firm secured an agreement with London Stock Exchange clearing house LCH for secure settlement via its new, segregated central counterparty clearing service, LCH DigitalAssetClear.Corentine Poilvet-Clédière, CEO, LCH SA says: “LCH SA is excited to be working with GFO-X, together with the industry, to provide a regulated marketplace for bitcoin index futures and options as we look to expand our services to become a truly international clearing house.
12.12 / 17:39
FIVE
stage
track
patient
prevention
UK: Exercise reduces breast cancer risk in young women by 10%, finds finds. Here is all we know
Institute of Cancer Research in London have found that exercise reduces the risk of breast cancer in younger women by up to 10 percent. They have also found that the most active premenopausal women were a tenth less likely to develop breast cancer than the least active. According to the research carried out at the institute, breast cancer is more common in women over 50 who have gone through menopause, but it can often be more aggressive and difficult to treat when it does develop in younger patients.
12.12 / 17:31
12.12 / 15:25
12.12 / 14:31
Platform
Hargreaves Lansdown, AJ Bell shares sink as UK regulator warns on charges
British investment platforms Hargreaves Lansdown and AJ Bell saw their shares plunge on Tuesday after a U.K. regulator warned 42 firms that it may intervene on fees and interest charges.
12.12 / 13:55
Provident
Days after large deals head quit, Wipro signs 3-year deal with British insurer
Wipro has announced renewal of its partnership with British multinational general insurance company RSA announcing a three-year deal. It aims to help accelerate the insurer’s migration to the cloud and build a compliant, secure, and scalable IT infrastructure, Wipro said in a regulatory filing. The deal announcement comes days after the departure of Wipro’s chief growth officer, Stephanie Trautman, who also headed the large deals team at Wipro, India’s fourth largest IT services provider and consulting company.
12.12 / 13:41
Extreme
Gap
Experts
country
social
innovations
2020
PM Modi urges ‘extreme caution,’ safeguards from 'darker aspects of AI' during GPAI summit
AI is having a significant impact on both present and future generations. We must proceed with extreme caution. I believe that the suggestions and ideas emerging from this summit will help us safeguard the world from the potential risks and challenges posed by the darker aspects of AI," PM Modi said while addressing the summit.
12.12 / 12:53
Provident
Target
economy
show
2020
reports
NOT
Ottawa must refocus spending on boosting investment not consumption: David Dodge
Prime Minister Justin Trudeau’s government must refocus spending on boosting investment instead of consumption to address Canada’s sluggish productivity growth, argues a new report co-written by former Bank of Canada governor David Dodge.
12.12 / 12:53
Target
JPMorgan
economy
show
Latin
gatherings
Interest rates for 60% of global economy will be set in 60-hour whirlwind window
From Washington to Frankfurt to London and beyond, central bankers are approaching their final decisions of the year against a backdrop of unease at how the global inflation cycle is turning.
12.12 / 12:13
People moves
Fisch AM appoints co-head of £2bn convertible bonds business
Ivan Nikolov (pictured) will join the firm on 1 January.
12.12 / 12:13
regulation
Bank of England
UK
PRA
capital rules
Bank of England sets out 'near-final' plans to tighten capital rules for UK banks
The PRA said the requirements will be 'low' and result in an average increase in Tier 1 capital requirements for UK firms of around 3% once fully phased in.
12.12 / 11:41
digital assets
Crypto derivatives
Britain's M&G invests in crypto derivatives platform GFO-X
trading platform, said on Monday that Britain's M&G Investments has led a $30 million second round of funding ahead of its launch. GFO-X is licensed by the UK's Financial Conduct Authority for global institutional investors to trade digital asset futures and options that will be cleared at the London Stock Exchange Group's Paris clearing arm LCH SA. M&G Investments, which provided most of the latest $30 million funding, is part of M&G Plc, and will have a seat on the board of GFO-X Holdings. «The strategic investment will fund GFO-X through its forthcoming launch and support future innovation in the regulated digital asset sector, enhancing trust and credibility in the market,» GFO-X said in a statement.
12.12 / 10:07
Target
CEO
Parke
Yellow
vaccine
2020
reports
Adar Poonawalla set to buy London's most expensive house worth ₹1,446 crore
₹1,446 crore. Adar Poonawalla is the CEO of Serum Institute of India (SII), which makes the Covishield vaccine. A CNBC report confirmed the deal wherein Adar Poonawalla will buy the most expensive house in London.
12.12 / 10:03
Citi
Platform
companies
Amicus
innovations
7IM snaps up City-based advice firm bringing AUM to £22bn
The purchase of Amicus Wealth brings 7IM's assets under management to approximately £22bn and brings the number of staff to more than 550.
12.12 / 10:03
12.12 / 10:03
regulation
Interest rates
financial conduct authority
FCA
Platforms
Customer
FCA raises alarm on platforms' handling of customer cash interest
Firms have been told to make changes by 29 February 2024.
breaking news about Britain
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