Britain Financial News

Multinational banking group Santander has placed a limit on all crypto transactions for its customers in the UK. The group cited cryptocurrency fraud warnings from regulators as the reason behind its decision. 

Ukraine’s Zaporizhzhia nuclear power plant has been disconnected from the power grid after Russian shelling damaged the remaining high-voltage lines, leaving it with only diesel generators, according to the Ukrainian nuclear firm Energoatom.

The Bank of England raised interest rates by the most since 1989 on Thursday but it also warned that Britain faced a long recession and told investors borrowing costs were likely to go up by less than they expect.

Deloitte has unveiled a major overhaul of its UK executive, dropping some of its most senior partners from its top management team.

Annual inflation in Turkey rose to a record 25-year-high high of 85.51% in October, according to official figures.

Magic Circle law firms should consider following professional services giant EY by spinning-off parts of their businesses to better compete against US rivals, according to ex-Slaughter and May senior partner Christopher Saul.

Desperate times call for desperate measures. The Bank of England, effectively the United Kingdom version of the Federal Reserve, has raised interest rates by the highest rate in 33 years.

Pakistan's former Prime Minister Imran Khan was wounded together with some of his supporters after a gunman opened fire at a truck carrying him, a senior leader from his party and police said.

Top Russian military brass held talks on when and how the Kremlin might use a tactical nuclear weapon in Ukraine, multiple US outlets reported, causing consternation amongst Kyiv's western allies.

Investors pulled more than £180m from UK property funds during October, making it the worst month for the sector since June 2021 when the delta variant of Covid was at its peak.

Andy Clark joined ESG-focused EdenTree Asset Management as chief executive in September 2020, after eight years overseeing HSBC Asset Management's UK arm.

Climate activists said on Wednesday they had filed complaints with advertising regulators in several European countries over "misleading" claims the football World Cup in Qatar next month will be carbon neutral.

The Ethiopian government and rebels from the northern Tigray province have agreed to a permanent cessation of hostilities. No one knows how many have died, but over two years of brutal war, the number is thought to be in the hundreds of thousands.

German Chancellor Olaf Scholz travels to Beijing this week in what is fast becoming a controversial trip, amid pressure both domestically and from within the EU to take a tougher line against China.

U.S. inflation and budget deficits are both uncomfortably high. These are usually seen as separate problems. Federal Reserve Chairman Jerome Powell says he will get inflation back to 2% regardless of what Congress and the president do with fiscal policy.

Here are the latest news developments from Russia's war in Ukraine.

All auction fees will be donated to UK charity Street Child United.Later this month, the experience will come to life on an interactive pitch at the FIFA Fan Festival in Doha, Qatar and allow fans to create digital art inspired by their own skills and goal-scoring exploits. Fans will step onto a digital LED pitch outfitted with tracking technology to capture and transform their movements while playing with others to create the personalized dynamic artwork Digital art will be emailed as a souvenir and eligible fans can also choose to receive the digital art minted as a one-of-a-kind NFT.In a separate development for Visa in the crypto space, the card scheme has partnered with Marqeta and Blockchain.com to issue a cryptocurrency debit card.

Chinese crypto exchange, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Caribbean, with Dominica being the first candidate. 

Reports of the Magic Circle's death have been greatly exaggerated.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

On 27 October, Financial News sat down with former UK chancellor Philip Hammond for a live discussion on all things crypto and politics. Now an adviser with crypto custodian Copper, Lord Hammond reflected on why institutions are diving into the blockchain, what the future might hold, and why politicians need to step up their games.