Britain Financial News

(Reuters) -Some major banks expect global economic growth to ease further in 2024, squeezed by elevated interest rates, higher energy prices and a slowdown in the world's two largest economies.

Canadians are less enthusiastic about a Central Bank Digital Currency (CBDC) opting for traditional payment methods despite wider awareness, a new survey shows.

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The move has been made in anticipation of the end of the Temporary Permissions Regime for UK branches of European Economic Area-regulated firms.

Chancellor Jeremy Hunt. © Zara Farrar — HM Treasury

Zepz, the money transfer group that owns WorldRemit, made a fresh round of layoffs.

In another attempt to expand its business internationally, online trading platform Robinhood has announced plans to launch its stock exchange application in the United Kingdom. 

NIA Thursday strongly opposed Elgar Parishad-Maoist links case accused Shoma Kanti Sen's plea seeking interim bail on health grounds, saying she was suffering from general ailments and there was nothing special about it. Additional Solicitor General KM Nataraj, appearing for NIA, told a bench of Justice Aniruddha Bose and Justice Augustine George Masih that a medical board can be constituted to verify Sen's medical condition and there is nothing which requires immediate treatment. «The medical report shows that these are general ailments and there is nothing special about it.

Online investments app Robinhood said Thursday that it's set to launch its platform in the U.K. in early 2024, marking the company's third attempt at cracking international expansion.

The company, which provides engineering and technology services to auto, aero and heavy machinery makers, surged past its initial public offer (IPO) price of Rs 500 to debut at Rs 1,200. The stock scaled as high as Rs 1,400.

Elton John has addressed Britain's Parliament at an event honouring his dedication to fighting HIV in the UK and beyond. The British star spoke to dozens of lawmakers and campaigners in the grand Speaker's House of Parliament on Wednesday.

Essar Oil UK will invest $3.6 billion into a range of energy-efficiency and carbon-capture initiatives over the next four to five years. This will enable the company to decarbonise its production processes by 2030, its chief executive said. «Our focus is to decarbonise all the production processes,” Deepak Maheshwari said. Of the $3.6 billion, $2.4 billion will be invested at its site in Stanlow, between Liverpool and Manchester in the UK, and $1.2 billion in India. The investment, he said, will come from the company's own cash flows, a mix of debt and equity, and the UK government's subsidy for low-carbon initiatives which is termed as ‘contracts for difference’. Essar had in February announced the launch of Essar Energy Transition, an initiative to create an energy transition hub in Northwest England. »We see ourselves in a very unique position...by the time all government approvals are received, we would have implemented at least two of our hydrogen projects.

Canada on Wednesday pressed India to cooperate in an investigation of the murder of a Sikh separatist in British Columbia after the U.S. revealed it had foiled an assassination attempt against a Sikh separatist on its soil.

(This story originally appeared in on Nov 29, 2023)

Zahra Hankir's «Eyeliner: A Cultural History» takes readers on a global investigation of how the cosmetic product is used worldwide

Whether they belong to renowned gaming franchises or were once premium titles, the gaming landscape provides an array of exceptional free games available for download on both PC and consoles. So, if you're looking for a budget-friendly gaming experience, these free games offer an enjoyable escape without costing a penny.

London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors' demand.

The technology uses 'smart contract technology' and will automate asset servicing and settlement procedures.

Sticky Vicky passed away on November 29, 2023, at the age of 80 following a long illness. The news came as a shocker for people. Vicky was a well-known dancer in the Spanish vacation destination, where she captivated audiences for decades with her risque routines. Vicky's daughter broke the news of the dancer's demise. Taking to Facebook, Vicky's daughter, María Gadea Aragüés said with profound grief she wanted to let everyone know that her mother passed away today at 6. She further added it is hard to believe for her and her entire family. «I thank God for being able to always be by her side, I am left with a broken heart,» María wrote.

social media into a frenzy as a video posted by her on TikTok went viral and was watched by about 7 million people. The owner recorded her Siberian Husky literally barking in what appears to be an Italian accent. According to the 'New York Post', Antonia's post has been viewed by more than 6.8 million times. One user asked, «WHY DOES THE HUSKY SOUND ITALIAN[?]…»