Britain Financial News
11.01 / 01:31
CBDC
regulation
legislation
UK MP says stablecoin is a gateway to CBDC, only crypto can ‘disrupt’ settlements
The United Kingdom remains committed to becoming a world crypto industry hub in spite of the recent negative events that have occurred on the market. It is “the sector I have dedicated the most time to,” Member of Parliament and HM Treasury Economic Secretary Andrew Griffith told a meeting of the UK Parliament Treasury Committee on Jan. 10, underscoring that commitment.
10.01 / 21:45
pension
reform
Pension reform in France: Which countries have the lowest and highest retirement ages in Europe?
The French government unveiled its pension reform on Tuesday, raising the retirement age from 62 to 64 by 2030.
10.01 / 19:39
TikTok
Ukraine war: 'Almost no life left' in Bakhmut and five other top developments
Russian forces are escalating their onslaught against Ukrainian positions around the wrecked eastern city of Bakhmut, Ukrainian officials said, bringing new levels of death and devastation in the grinding, months-long battle.
10.01 / 16:39
Digital
Stocks market
COP
Bitcoin
The Fintech Files: Crypto cops assemble, Spreadsheet Phil hits the slopes
Diehard bitcoiners and crypto sceptics alike might have hoped that after FTX, 2023 would bring new, wide-ranging regulation for UK digital assets rivalling the EU's rulebook.
10.01 / 15:55
Citi
UK crypto
2024
regulatory
City minister kicks UK crypto laws into 2024 regulatory schedule
The UK will not introduce fresh laws on regulating the cryptocurrency industry until at least 2024, according to the City minister Andrew Griffith.
10.01 / 14:43
Wintermute
market makers
Wintermute is Now One of the Biggest Market Makers in Crypto and Has Birthed 36 Millionaires
Wintermute, a leading global crypto market maker, has paid its 36 British staff a total of $83 million in 2021, suggesting that the crypto company gave birth to 36 new millionaires.
10.01 / 12:13
Terry Smith: My underperformance was ‘inevitable’
Star stock picker Terry Smith has defended the performance of his flagship Equity fund, claiming negative returns posted last year were “inevitable” as the era of easy money drew to a close and the tech stock bubble burst.
10.01 / 11:05
European Union
pension
reform
Making France work until 65: PM to unveil controversial new pension reform
French Prime Minister Elisabeth Borne on Tuesday will unveil the details of a hugely controversial pension reform project to raise the retirement age to 65.
10.01 / 11:05
European Union
Influencer
Romania court to hear 'misogynist influencer' Andrew Tate detention appeal
A Romanian court is due to rule on Tuesday on a challenge filed by Andrew Tate, an internet personality notorious for hate speech, against his 30-day arrest for alleged human trafficking and formation of an organised crime group to exploit six women.
10.01 / 08:47
Law
Ban
Asia
Internet
Crypto Websites
Nepal regulator orders ISPs to block crypto websites or face the law
Nepal’s telecommunications regulator has ordered the country's internet service providers (ISPs) to block all cryptocurrency trading websites, threatening legal action against those that fail to comply.
10.01 / 03:05
Lord Mayor Nicholas Lyons: Political chaos ‘was a knock to Britain’s credibility’
As an ambassador for UK financial services, Nicholas Lyons has to look on the City’s bright side.
10.01 / 00:09
Technology
Night Wolves and praise for Putin mark Milorad Dodik's unconstitutional fête
Thousands of flag-waving ethnic Serbs gathered on the outskirts of the capital Sarajevo Monday to celebrate an unconstitutional holiday associated with Bosnia's brutal war in the 1990s.
09.01 / 19:09
09.01 / 12:20
UPS
FIVE
Terry Smith pockets another £36m in five-year pay bonanza streak
Best-selling UK fund manager Terry Smith took home £36m during the 12 months to the end of March 2022, the latest in a string of multimillion-pound payouts for the star stock-picker, which have amounted to almost £130m over the past five years.
09.01 / 12:19
UPS
Citi
Remark
City firms turn up the heat on clients with weak climate change policies
Two years ago, the senior partner of Clifford Chance, the largest UK law firm, made a remarkable statement.
09.01 / 08:53
business
FTX
FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
FTX’s Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights, and food just nine months before the exchange’s collapse, court filings revealed.
07.01 / 13:01
Technology
CES
Iran hangs two more men amid anti-government protests
Iran said it executed two men on Saturday, amid anti-government protests sparked by the death of a 22-year-old Kurdish woman.
07.01 / 09:41
Technology
US Republican Kevin McCarthy elected as House Speaker after 15 rounds of voting
After 15 excruciating rounds of voting, Kevin McCarthy has finally been named as the House Speaker of the US Representatives.
06.01 / 17:21
Pope Francis
Emmanuel Macron unveils new plan to stop 'endless crisis' in French healthcare
Emmanuel Macron has unveiled a new plan to halt the "endless crisis" in France's national healthcare system, including overhauling working ours for hospital staff in the next six months, reforming healthcare funding and improving payments for doctors on call.
06.01 / 17:19
LinkedIn
PwC
PwC UK mourns partner who handled Lehman Brothers, Carillion insolvencies
PwC UK is mourning the death of restructuring partner Mike Jervis who worked on the collapses of investment bank Lehman Brothers and outsourcer Carillion.
06.01 / 13:47
Pope Francis
Death
Inflation in the eurozone falls back to single digits as downward trend continues
Annual inflation across the eurozone fell back to the single-digit territory and stood at 9.2% at the end of December, according to a flash estimate released by Eurostat on Friday morning.
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