Britain Financial News
14.10 / 17:19
UPS
KPMG UK keeps equity tight as it ramps up salaried partner promotions — here’s the list
KPMG UK has promoted a historically modest 25 new equity partners in its latest promotion round as it makes greater use of the salaried partner badge which it introduced last year.
14.10 / 16:55
14.10 / 16:53
U.K. Treasury Chief Kwasi Kwarteng Fired Amid Market Pressure
LONDON—U.K. Prime Minister Liz Truss fired Treasury chief Kwasi Kwarteng, in an attempt to salvage her tenure following pressure from her Conservative Party and international markets.
14.10 / 15:25
Citi
Lawyer
MPs
Lawyer urges MPs to back miscarriage bill: ‘I’ve just left my son at the mortuary but the law says I go back to work the next day’
A partner at a top City firm, who suffered three miscarriages in a row, is urging MPs to back a bill that would guarantee the right to paid leave for bereaved parents who lose their child before 24 weeks.
14.10 / 15:02
business
NATO
reports
UK Finance
UK finance minister Kwasi Kwarteng to be sacked, according to media reports
The UK is set for its fourth finance minister in as many months amid media reports that incumbent Kwasi Kwarteng will be sacked on Friday.
14.10 / 02:05
US investors’ appetite for European football stakes reach fever pitch
It’s always been the beautiful game. Now, for American financiers, it’s the bountiful game.
13.10 / 20:03
Government
Blockchain
regulation
UK gov't introduces bill to digitize trade documents — potentially traced using blockchain
Members of the United Kingdom’s House of Lords have introduced legislation aimed at eliminating the need for paper trade documents, increasing the likelihood of using blockchain technology to trace records.
13.10 / 19:43
Climate change
NATO
boost
Fifteen European countries unite to boost air defence capabilities
Fifteen European countries on Thursday announced that they would jointly procure air defence systems to protect the continent under a newly-created European Sky Shield Initiative.
13.10 / 18:22
Blockchain
Ethereum
Binance
Bitcoin
Crypto News Summary: Samsung's 'Private Blockchain' Security System, Five Charged Over $2.5M NFT Theft
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
13.10 / 17:43
event
Europe
Bitcoin
Bitcoin to become 'trusted means of exchange' in EU: Bitcoin Amsterdam 2022
With inflation becoming a bigger problem as time goes on, Bitcoin may become a better and more trusted means of exchange in Europe, according to politician Nigel Farage.
13.10 / 16:47
13.10 / 15:49
UPS
Citi
NOT
FCA cracks down on greenwashing: ‘A matter of when, not if’
A Financial Conduct Authority crackdown on greenwashing among UK asset managers is “a matter of when, not if,” a partner at a City law firm has warned.
13.10 / 15:01
Europe's energy crisis
Pawnbrokers the winners as economic reality bites in Germany
As Germany feels the pinch of record inflation, pawnbrokers say there are seeing unprecedented demand.
13.10 / 14:55
UPS
As Bond Investors’ Bets Blow Up, They Might Usher In Era of Higher Rates
In 2018, the Bank of England investigated whether a big rise in interest rates would trigger a cascade of forced selling by bond investors, destabilizing the financial system. The answer was no, even if long-term rates rose a full percentage point in a week, which had never happened in records going back to 1990.
13.10 / 14:34
Provident
Deloitte
boost
Deloitte buys tech firm Reformis to boost investment management consultancy business
Big Four accountancy firm Deloitte has agreed to buy technology business Reformis to strengthen its investment management consultancy arm.
13.10 / 13:52
L&G, Abrdn reassure over property funds after Columbia Threadneedle suspension
Asset managers have moved to reassure property fund investors they have no imminent plans to suspend dealing, following Columbia Threadneedle’s decision this week to freeze its UK real estate vehicle amid depleting cash levels.
13.10 / 09:51
pension
Time
Roiling British markets push pension funds into real-time firefighting
Pension funds, used to thinking in decades, have been thrown into real-time firefighting mode by the crisis roiling British markets.
13.10 / 09:27
'Unscrupulous Western blackmailers': Russia's fury as UN votes to condemn Ukraine annexations
The United Nations General Assembly has voted overwhelmingly to condemn Russia’s “attempted illegal annexation” of four Ukrainian regions and demand its immediate reversal.
13.10 / 03:07
Citi
The UK’s lesson for the world: Turmoil isn’t just for emerging markets
Nathan Sheets is global chief economist at Citi Research
12.10 / 17:33
UPS
BTC
Bitcoin
fomc minutes
How Bitcoin and Crypto Prices Will React to FOMC Minutes, CPI Inflation – is the Market Bottom Near?
Bitcoin, and crypto prices more generally, have been treading water this week, but that could change from today as producer price index (PPI) inflation data and FOMC minutes are released.
12.10 / 17:22
Provident
Digital
Platform
NuriFlex Successfully Completed 1st Round of NuriTopia $NBLU Token Private Sales
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
what's happening in Britain
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