Britain Financial News

30.09 / 01:21

business Blockchain NFT Warner Music Group partners with Opensea to create more Web 3 opportunities for artists

On Sept. 29, global music and entertainment company Warner Music Group (WMG) announced a partnership with nonfungible token (NFT) marketplace, Opensea, to provide a platform for select musical artists to build and extend their fanbase into the Web3 community.

30.09 / 00:03

Adoption Lightning Network Bitcoin network bitcoin lightning Why this tiny country is adopting the Bitcoin Lightning Network

Cointelegraph reporter Joe Hall visited the country of Gibraltar to explore Bitcoin adoption on The Rock, as the peninsula is known locally, and how the adoption of bitcoin for shopping in the territory is impacting business.

29.09 / 21:35

'Shocked and confused': Denmark's queen strips royal titles from grandchildren

The Queen of Denmark has stripped some royal titles from four of her grandchildren, in a move criticised by her youngest son.

29.09 / 19:37

The Return of Inflation Makes Deficits More Dangerous

It’s tempting to see the market backlash against the British government’s proposed income-tax cut as a uniquely British problem.

29.09 / 18:53

tax cuts U.K. Prime Minister Defends Tax Cuts as Market Turmoil Continues

LONDON—Prime Minister Liz Truss looked to reassure the British public and rattled investors that her plan to cut taxes wouldn’t lead to prolonged financial instability, arguing in a series of interviews on Thursday that the country had been buffeted by global shocks rather than her government’s reforms and that her policies would result in faster growth.

29.09 / 18:31

markets European Union Interest rates Bitcoin Bitcoin price slips under $19K as official data confirms US recession

Bitcoin (BTC) wobbled in its narrow trading range at the Sep. 29 Wall Street open as official data put the United States economy in recession.

29.09 / 18:09

COST HSBC HSBC mulls leaving London HQ as hybrid working sticks

HSBC is considering moving out of its global headquarters in Canary Wharf as the bank shifts to hybrid working and cuts back on office space.

29.09 / 16:57

JPMorgan analyst JPMorgan cuts junior bonuses by 52% as banks row back on analyst pay

JPMorgan cut bonuses for its entry-level bankers in London by 52% this year, the biggest drop of any major investment bank, after 2021 saw multiple salary hikes for juniors.

29.09 / 16:49

Adoption UK Bitcoin Brits are Turning to Bitcoin as the Pound Plummets Against the US Dollar

Bitcoin (BTC) has been winning the attention of British investors amid a plunge in the price of the British pound (GBP) against the dollar.

29.09 / 16:15

European Union Leak Ukraine war: Putin to annex Ukrainian regions; new Nord Stream leak; and 'Alternative Nobel'

The Russian-installed leaders of the four regions of southeastern Ukraine have visited Moscow to finalise plans for annexation.

29.09 / 16:15

European Union Finland shuts border to Russian tourists after spike in arrivals following Putin's reservist call-up

Finland says it will ban Russian citizens travelling with tourist visas from entering the Nordic country, effective from Friday.

29.09 / 15:59

UPS Citi Liz Truss’s fossil fuel push risks investor backtrack on climate catastrophe

The UK prime minister’s fossil fuel push risks creating complacency among City fund groups, most of which are already failing to do take sufficient steps to tackle the climate crisis.

29.09 / 13:41

UPS Lowe's Racing valuation Private equity firms face valuation and debt dilemmas after sterling’s crash

Private equity firms have been racing to shore up their portfolios and re-think future deals during a frenzied week of currency crisis and market volatility.

29.09 / 13:29

LGBT gay rights NOT 'You are not welcome': Border protest calls for Georgia to stop influx of Russians

Protesters at the Georgia-Russia border are calling on Tbilisi to stop the influx of Russians.

29.09 / 12:49

Provident Lowe's Action Boeing pension Pension fund panic led to Bank of England's emergency intervention: Here's what you need to know

LONDON – The Bank of England launched a historic intervention to stabilize the U.K. economy, announcing a two-week purchase program for long-dated bonds and delaying its planned gilt sales until the end of October.

29.09 / 11:19

UK economy Ex-Bank of England governor Mark Carney blames mini-budget’s lack of detail for ‘big knock’ on UK economy

Mark Carney said the UK’s financial system has taken a ‘big knock’ on account of the recent policy decisions led by the Truss administration, along with her chancellor Kwasi Kwarteng.

29.09 / 11:19

CEO M&G names former Axa IM boss Andrea Rossi as new CEO

M&G, the £349bn listed UK savings and investment group, has named former Axa Investment Managers' boss Andrea Rossi as its next chief executive, succeeding John Foley who is stepping down from the top job next month.

29.09 / 10:03

Here’s why the Bank of England had to act

The recent chaotic swings in the British pound and in UK government bonds mean traders are at panic stations, forcing the Bank of England to step in to calm things down.

29.09 / 09:39

Climate change Pipelines Leak Nord Stream leak: Russia and West trade blame over alleged sabotage of undersea gas pipelines

Russia and the West have traded blame over alleged sabotage that caused mysterious leaks on the Nord Stream gas pipelines.

29.09 / 09:39

government bonds What the BoE’s intervention did to the run on global government bonds

A wild run for global government bonds took an unexpected turn on 28 September after the Bank of England stepped in to stop a rout in the UK gilts market, spurring a furious rally on both sides of the Atlantic.

29.09 / 09:39

Climate change 'My whole world collapsed': Russians on fleeing home after Putin's speech

Artur*, a 26-year-old Russian software developer, bought a one-way plane ticket to Armenia's capital Yerevan after hearing Vladimir Putin's announcement to bolster Russia's military forces.

latest developments in Britain

What is the current situation in Britain?

In Britain, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about Britain?

We publish verified updates about the situation in Britain, based on information from official representatives.

What shapes the media agenda in Britain?

The news landscape of Britain is shaped by the region’s internal dynamics, reflecting its specific characteristics.