Britain Financial News
13.04 / 09:43
FIVE
Action
PwC
UK economy
UK economy flat in February as strikes and inflation bite — and the IMF delivers reality check
LONDON — The U.K. economy flatlined in February as widespread industrial action and persistently high inflation stymied activity.
13.04 / 09:29
St James’s Place
place
LGIM’s Justin Onuekwusi poached by St James’s Place
Legal & General Investment Management's Justin Onuekwusi, one of the highest-profile figures in the UK funds industry, has left to join wealth manager St James's Place.
12.04 / 23:39
12.04 / 09:47
CBDC
Central Bank
G7
G-7 Aims to Aid Developing Nations in Introducing Central Bank Digital Currencies
The Group of Seven (G7) organization aims to help developing countries introduce central bank digital currencies (CBDCs) in line with international standards.
11.04 / 22:45
11.04 / 16:09
Dogecoin
Doge
From Meme to Cryptocurrency: New 'Dogumentary' Chronicles the Rise of Dogecoin
A group of filmmakers and community participants is working on a feature film chronicling the rise of Kabosu, the Shiba Inu featured in the famous Doge meme, from an abandoned puppy to a global icon.
11.04 / 12:11
UPS
Digital
ETF
crypto ETFs
The Fintech Files: Galaxy Digital’s investment banking drive, crypto ETFs rebound
The Easter bank holiday was a welcome break for many. But there’s no rest for the wicked in digital assets, as the crypto winter thaws and firms look to cash in.
11.04 / 12:11
UK still a major finance hub for hedge funds despite sector headwinds
The UK continues to be a dominant financial centre in the global hedge fund landscape outside the US, despite tightening regulations and diminishing returns.
11.04 / 12:09
business
Adoption
ChatGPT
Tech giant Alibaba to roll out ChatGPT competitor AI
Chinese e-commerce giant weighs into the global race for artificial intelligence (AI) with its own version of chatbot assistant. Alibaba announced the rollout of the ChatGPT-like product in the “near future.”
11.04 / 10:15
Deloitte
CBI
CBI chief Tony Danker fired after harassment probe
The Confederation of British Industry has fired its director general Tony Danker following an investigation into harassment at the business lobby group.
11.04 / 09:35
Deloitte
CBI
CBI chief fired after harassment probe
The Confederation of British Industry has fired its director general Tony Danker following an investigation into harassment at the business lobby group.
11.04 / 09:29
UPS
UK Home Secretary Suella Braverman launches economic crime plan
The three-year plan, which was delayed by nine months, allows the Government, the law enforcement and private sector to collaborate and crack down on money laundering, kleptocracy and sanctions evasion.
11.04 / 09:29
UPS
FIVE
Digital
Bank of England begins building Britcoin team
The UK central bank wants to create a team of up to 30 people to oversee the project, according to a report by the Times. “A team of 30 seems like quite a significant resource to focus on the digital pound,” Ian Taylor, an adviser to the trade association CryptoUK, told the Times.
11.04 / 07:25
UPS
Digital
Galaxy Digital to build UK banking team as US crypto crackdown bites
Sign up to the Fintech Files, your weekly crypto newsletter, brought to you by our correspondent Alex Daniel
10.04 / 23:35
regulation
IRS
Taxes
Startups
Tax reduction
tech startups
New R&D tax rules could bankrupt your blockchain startup
The new R&D law has overly broad language that states “any and all” software development must be amortized over five years if the development took place in the United States, or over 15 years if the work was done overseas. The change doesn’t sound so bad on its surface; some argue it might even create more tech jobs in the U.S.
10.04 / 23:07
UPS
SEC
financial promotions
Financial
Love Island star joins campaign to educate influencers about financial promotions
In recent years financial brands, most notably crypto outfits, have turned to influencers to promote their products to millions of social media users. But, the trend has caught the attention of regulators: just last month in the US the SEC charged eight celebrities - including actress Lindsay Lohan and YouTube star Jake Paul - for illegally touting crypto asset tokens without disclosing that they were paid for doing so.
10.04 / 23:07
Citi
Sunak
UK government abandons Sunak's NFT plan
However, economic secretary Andrew Griffith now says: “In consultation with HM Treasury, the Royal Mint is not proceeding with the launch of a non-fungible token at this time but will keep this proposal under review.”Labour's shadow City minister Tulip Siddiq responds. “I’m glad that the Royal Mint has finally made the Conservatives see sense, but we’ve been calling on the chancellor to drop this crypto gimmick for months.” The Treasury's initial announcement came as NFTs exploded in popularity, with many reaching multi-million dollar valuations.
10.04 / 15:15
regulation
Legal
Asia
Bank of England
UK
US President
Fried
Sam
Time
Brett
Today in Crypto: 'Now is Best Time to Invest in Web3', Ex-FTX US President Brett Harrison Resigned Due to 'Protracted Disagreement' with Sam Bankman-Fried, Bank of England Building a CBDC Team
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
10.04 / 12:15
business
Microsoft
Google
ChatGPT
Google ChatGPT rival AI faces in-house resistance: Report
Artificial intelligence (AI) has become a major talking point with the rise to prominence of AI chatbot ChatGPT from OpenAI and generative AI image makers like Midjourney and DALL-E 2. However, not everyone sees eye to eye with this emerging technology.
10.04 / 12:15
Blockchain
Technology
Adoption
virtual reality
Science
Blockchain Game
Top 5 VR puzzle games
Playing virtual reality (VR) games provides a highly immersive and interactive experience, allowing players to feel as though they are physically present in the game’s world. VR games offer a unique level of engagement and interactivity, making for a highly entertaining and rewarding gameplay experience.
08.04 / 16:05
Craig Wright Hints at Possible Legal Battle Against Apple Over Bitcoin White Paper – What's Going On?
Self-proclaimed Bitcoin creator Craig Wright has hinted at a possible legal battle against Apple over the storage of Bitcoin white paper on its computers, claiming it violates copyright laws.
what's happening in Britain
What is the current situation in Britain?
In Britain, the spotlight is on local government initiatives that spark public discussion.
Where can I find reliable news about Britain?
We publish in-depth coverage about the situation in Britain, based on information from trusted sources.
What shapes the media agenda in Britain?
The news landscape of Britain is shaped by key decisions by local authorities, reflecting its local way of life.
