Britain Financial News

13.01 / 20:29

BTC NASDAQ Platform Bitcoin Time Top crypto After Bitcoin Price Rallies 12% to $19k is it Time to Buy Top Crypto Coin?

The bitcoin price has risen by 4% in the past 24 hours, almost hitting $19,000 after the publication of positive US inflation figures yesterday. Its current price marks a 12% gain in a week and a 6% rise in the last 30 days, as signs of an improving global economy raises hopes that 2023 will correct 2022's bear market.

13.01 / 15:29

FIVE exits KPMG UK corporate finance heavyweight Jonathan Boyers exits firm

KPMG UK corporate finance veteran Jonathan Boyers has resigned from the firm.

13.01 / 15:25

business PayPal FinTech Cross-border PayPal Xoom adds cross-border remittance on debit card deposit

Financial technology firm PayPal’s international money transfer service, Xoom, has announced a new product that lets users in the United States send money directly to Visa debit card users.

12.01 / 23:21

business Blockchain Survey businesses 90% of businesses adopting blockchain technology, data

The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the industry.

12.01 / 21:51

Citi Goldman Sachs London staff shell-shocked as job cuts hit: ‘There were a lot of tears’

Goldman Sachs moved into its high-tech Plumtree Court headquarters three years ago, but scenes at its UK headquarters on 11 January were a throwback to 2008.

12.01 / 18:53

Wagner Battle for Soledar: 'First Russia sends Wagner mercenaries, then highly trained paratroopers'

The fate of a devastated salt-mining town in eastern Ukraine hangs in the balance this week in one of the bloodiest battles of Russia's invasion.

12.01 / 17:25

dealmaking KBW names new European dealmaking head, bolsters team after UK departures

US investment bank Keefe, Bruyette & Woods has named a new head of European dealmaking and bolstered its team with two senior hires following a spate of departures late last year.

12.01 / 16:31

Twitter Booking Virgin Orbit crashed in the UK – here’s why this hedge fund is shorting its sister firm

A Philadelphia-based hedge fund is betting against Richard Branson's spaceflight company Virgin Galactic, as shares in sister firm Virgin Orbit fall on the back of a failed launch attempt.

12.01 / 15:13

European Union Russia to sent new Soyuz capsule after ISS damaged by tiny meteoroid

Russia said on Wednesday it would launch another Soyuz spacecraft next month to bring home two of its own cosmonauts and a US astronaut from the International Space Station after their original capsule was struck by a micrometeoroid and started leaking.

12.01 / 14:05

Provident UK fund manager M&A hits record in 2022 as battle for scale rages

Asset managers looking to expand their investment ranges and build scale drove UK M&A activity to a record last year.

12.01 / 08:57

Police Huge surge in Italy migrant arrivals despite PM Meloni's 'naval blockade' pledge

Migrant arrivals in Italy have increased by more than 50% since far-right premier Giorgia Meloni took office at the end last October, official statistics show, contradicting claims made by her government.

12.01 / 04:25

UPS Citi Lord Mayor: Stop casting the City as a villain

The Lord Mayor of the City of London has called on politicians not to cast the City as "the villain in our national story" and harness the capital's financial services to boost regional equality.

11.01 / 22:51

Stablecoin CBDC regulation City of London, British trade groups form new digital currency advocacy alliance

The City of London has teamed up with a variety of trade associations to form the UK Forum for Digital Currencies, an alliance that will advocate for “better policies, practice and regulation around digital currencies,” according to a statement released by the five members.

11.01 / 20:37

business Binance services approved Customers Binance approved to offer crypto services to Swedish customers

The Swedish Financial Supervisory Authority, one of the country’s financial regulatory agencies, has granted the local arm of crypto exchange Binance approval to manage and trade digital currencies.

11.01 / 17:33

Deloitte Deloitte UK sells pensions business to KPMG spin-off Isio

Deloitte UK has agreed to sell its pensions business to private equity-backed KPMG spin-off Isio.

11.01 / 15:45

'Biggest crime since Holocaust': British MP suspended over COVID vaccine comments

A British politician has been censured by his party for comparing the UK's COVID-19 vaccine rollout to the Holocaust.

11.01 / 15:07

FIVE Digital consultation UK associations form crypto industry body; government preps consultation on digital pound

By combining the expertise and extended network of the five associations, the group will seek to enable a safe and secure environment for innovators to grow and attract international investment into the UK, while also helping to create a constructive bridge between the associations representing both incumbents and the emerging players in the sector.The formation of the group comes after the economic secretary to the Treasury Andrew Griffith told MPs that the UK was committed to becoming a world crypto hub. Griffith told the Treasury Select Committee that the government was "a long way down the road...

11.01 / 14:31

FIVE Digital UK associations form crypto industry body

11.01 / 13:29

Paris station knife attack: At least six people injured and suspect shot

A man wielding a bladed weapon attacked and wounded six people at the Gare du Nord train station in Paris on Wednesday morning, leaving one with serious injuries, before being shot by off-duty police officers, authorities said.

11.01 / 11:43

Royal Family Russian mercenaries battle Ukrainian resistance in Soledar

The battle for Soledar raged in freezing temperatures on Wednesday, with Russia's mercenary Wagner Group claiming to have taken control of the eastern Ukrainian salt mining town, as its fighters poured fire on a pocket of resistance in the centre.

11.01 / 01:31

business defi Crypto service Tap Global becomes first 2023 listing on UK stock exchange

UK crypto app Tap Global has become the first 2023 listing on the Aquis Stock Exchange (AQSE), according to a press release from the company. The listing was accomplished through a reverse takeover by Quetzal Capital, according to a press release on Jan. 10.

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