Britain Financial News

25.10 / 08:31

HSBC dealmaking HSBC’s dealmaking fees slide 47% in third quarter as boom fades

Fees from HSBC's dealmakers nearly halved in the third quarter, but a 20% surge in trading activity helped its overall investment bank increase profit.

25.10 / 00:57

European Union CLIMATE CRISIS Research Sunak Rishi Sunak: Who is the UK's next prime minister and what are his policies?

Rishi Sunak is set to become the UK's third prime minister in a year after Liz Truss's 44-day-long premiership came to an abrupt halt last Wednesday.

24.10 / 21:09

Stablecoin regulation Sunak Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT

Rishi Sunak is set to become prime minister of the United Kingdom within days. Sunak was defeated for the top government post by Liz Truss on Sept. 5, but she resigned after 45 days in office. Indications so far are that his selection for the office is good news for the crypto industry.

24.10 / 18:31

Fund managers bullish on UK stocks despite political turmoil

UK stocks have been among some of the least loved investments this year, with funds focused on domestic companies bleeding £6.6bn since January — already far higher than the £4bn pulled during the whole of 2016.

24.10 / 17:27

European Union CLIMATE CRISIS Sunak Rishi Sunak set to become Britain's next prime minister

Former finance minister Rishi Sunak is set to become the UK's next prime minister, after his only other challenger failed to get the backing of enough Conservative MPs.

24.10 / 17:27

European Union CLIMATE CRISIS What's keeping Bulgaria and Romania out of Schengen?

Since its creation in 1985 in a small Luxembourgish town, the Schengen Area has become one of most emblematic and tangible results of European integration: entire generations have grown used to travelling across borders without the need to carry a passport or cross border controls.

24.10 / 17:27

UPS Digital Strategy Sunak What Rishi Sunak becoming the UK’s next prime minister could mean for crypto

After acting Prime Minister Liz Truss’ resignation last week, and rumours over the weekend about the return of Boris Johnson, it has been announced this afternoon that Rishi Sunak will be taking on the role.

24.10 / 16:29

Racing Sunak Penny Rishi Sunak becomes prime minister as Penny Mordaunt drops out of race

Rishi Sunak will become the UK's new prime minister after rival Penny Mordaunt conceded her leadership bid.

24.10 / 13:19

Citi Inside Citigroup’s Málaga plan to battle banker burnout

Citigroup’s new Málaga office sits on the Calle Marques de Larios, the main shopping strip in the Andalusian city, a stone’s throw away from its port and a 10-minute walk from its famous beaches.

24.10 / 12:51

Man Guy Hands: UK will need an IMF bailout if it doesn’t fix Brexit

Private equity veteran Guy Hands accused the Conservatives of putting the UK economy “on a path to be the sick man of Europe”, heading for an International Monetary Fund bailout.

24.10 / 09:41

Blockchain UPS Digital FN to talk crypto, blockchain, and more with ex-chancellor Philip Hammond

The crypto winter has rocked the sector. But is the underlying technology still up to scratch?

24.10 / 09:35

Drones Italy's new PM Giorgia Meloni meets French President Macron in Rome

French President Emmanuel Macron and new Italian Prime Minister Giorgia Meloni held talks in Rome on Sunday in the first, though informal, meeting between the two political leaders.

24.10 / 09:23

Drones Ukraine war: Zelenskyy hits back at Russia's 'dirty bomb' claims

Ukrainian President Volodymyr Zelenskyy implied that claims made by Russia’s defense chief during a round of phone calls meant Moscow was setting the stage for deploying a radioactive 'dirty bomb' device on Ukrainian soil.

24.10 / 08:45

Drones Sunak Rishi Sunak favourite to become new UK PM, as vote deadline nears

Britain's former finance minister Rishi Sunak is favourite to become the country's third prime minister in just seven weeks, on Monday.

24.10 / 08:43

Ethereum Bitcoin Fidelity to beef up crypto unit by another 25% with 100 new hires

$4.5 trillion asset management firm Fidelity Investments is reportedly set to hire another 100 people to bolster the firm's growing digital assets division — a stark contrast to the recent squeezing out of crypto-talent.

23.10 / 23:17

Government Twitter Bitcoin Celsius users concerned over personal info revealed in bankruptcy case

Crypto lending platform Celsius filed for Chapter 11 bankruptcy on July 13, 2022. Although the Celsius case involves digital assets, it remains subject to United States Bankruptcy Code under the Bankruptcy Court for the Southern District of New York.

23.10 / 14:25

Drones Sky News Sunak Sunak announces candidacy as the next UK PM as Johnson mulls a comeback attempt

Former British Treasury chief Rishi Sunak announced his candidacy Sunday to become the next prime minister of the United Kingdom in a bid to "turn around" the country's economy and "unite" the Conservative party.

22.10 / 20:23

Tens of thousands gather in Berlin to protest against Tehran regime

Tens of thousands of people gathered in Germany's capital on Saturday to show solidarity with protesters in Iran -- a movement sparked by the death of a woman in the custody of morality police now challenging the Islamic Republic authorities.

22.10 / 01:01

regulation Assets advertisement crypto activities services Financial Amendment to UK financial services bill provides regulation for crypto activities

An amendment to the Financial Services and Markets Bill now before the United Kingdom's Parliament would extend the law’s powers to regulate financial promotion and other activities to crypto assets. The amendment was written by Member of Parliament and Financial Secretary to the Treasury Andrew Griffith.

21.10 / 22:33

European Union Race to replace UK PM gets under way as Boris Johnson bounces back

The race to be the UK's next prime minister began in earnest on Friday, with some senior government ministers throwing their support behind Boris Johnson.

21.10 / 21:37

UPS Provident Bitcoin Craig Wright Defeated in Lawsuit Against Hodlonaut

Australian computer scientist and self-proclaimed Satoshi Nakamoto, Craig Wright, has been defeated in a defamation case in Norway against the popular Bitcoin (BTC) influencer Hodlonaut.

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