Britain Financial News

23.09 / 11:53
'War has entered every home': exodus of Russians dodging draft
Some draft-age Russians rushed to leave the country on Thursday to escape their country's biggest conscription drive since World War Two, as world powers at the United Nations demanded Moscow be held accountable for alleged atrocities in Ukraine.
23.09 / 10:41
Nexo What crisis? High-stakes crypto lending looks here to stay
Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least part of a $270 million loan. Three Arrows had just taken a hit from the collapse of cryptocurrency Terra, raising doubts about its ability to repay. That was a worry for Blockchain.com since it had not taken collateral to secure the loan, court filings show. «This is time sensitive so let's sort if you're available,» Odell said of the repayment. Zhao appeared lost for words.
23.09 / 10:33
Support Ukraine war: Hungary wants to poll citizens on support for EU's sanctions on Russia
Hungary's governing party wants to poll the country's citizens on whether they support European Union sanctions imposed against Russia over its war in Ukraine.
23.09 / 10:25
Can Liz Truss’ mini-budget really revive UK business?
Joseph C. Sternberg is a member of the Wall Street Journal's editorial board and the political economics columnist
23.09 / 09:31
cryptocurrency Digital Liverpool Expands Partnership With NFT Fantasy Sports Startup Sorare
A 2021 deal saw Liverpool cards introduced on the platform and the new deal will see perks.
23.09 / 09:13
Ukraine war: Occupied eastern regions start voting in 'sham referenda'
Four occupied regions in Ukraine are set to start voting Friday in Kremlin-engineered referendums on whether to become part of Russia, setting the stage for Moscow to annex the areas in a sharp escalation of the nearly seven-month war.
23.09 / 03:21
Climate change Countries mount scrutiny on Russia to stop nuclear threats at UN Security Council
US Secretary of State Antony Blinken called on all UN Security Council members to “send a clear message" to Russia that it must stop its nuclear threats in the war in Ukraine.
23.09 / 02:09
Law regulation freeze UK gov't introduces bill aimed at empowering authorities' to 'seize, freeze and recover' crypto
The government of the United Kingdom has introduced a bill aimed at cracking down on money laundering and fraud, specifically by expanding the authorities’ ability to target cryptocurrencies used for illicit purposes.
23.09 / 01:53
Climate change Italy’s right-wing bloc makes final push ahead of snap election
The leaders of Italy's right-wing alliance put on a show of unity on Thursday and promised a new era of stable government at a closing rally three days before a snap election which they are tipped to win.
22.09 / 22:53
Climate change Mahsa Amini: Protester death toll rises amid unrest in Iran over woman's death in police custody
The number of people killed in violent protests in Iran over the past six nights shot up on Thursday as unrest spreads across the country in response to a woman’s death in police custody.
22.09 / 18:39
BTC Lowe's Bitcoin Here's Why The Bitcoin Price is Down But Far From Out
The bitcoin price remains down today, with its 0.5% gain in the past 24 hours cancelled out by a 5% drop in a week and 10% fall in a month. However, it has rebounded by nearly 4.8% since reaching a 24-hour low of $18,262 yesterday, which it did in the wake of the Federal Reserve bumping interest rates in the US by 0.75%.
22.09 / 17:41
Wells Fargo bolsters M&A team in Europe and Asia with three senior hires
Wells Fargo has hired a trio of senior dealmakers to bolster its M&A team in Europe and Asia.
22.09 / 17:09
European Union Time Catholics outnumber Protestants for first time in Northern Ireland's history
Catholics outnumber Protestants for the first time in Northern Ireland's history, a newly published census has revealed.
22.09 / 15:11
Credit Suisse set to roll out new retention bonuses for UK dealmakers
Credit Suisse is set to extend retention bonuses to a select band of senior dealmakers in London in a bid to stem defections as it embarks on a fresh cost-cutting programme.
22.09 / 14:13
UPS HSBC HSBC trims UK investment bankers as layoffs pick up pace
HSBC has trimmed front-line staff from its investment bank in the UK, as a dealmaking slump this year is set to prompt a fresh round of layoffs across the sector.
22.09 / 10:19
Technology inflation North Korea denies exporting arms to Russia amid Ukraine war
North Korea slammed US intelligence reports of weapons transfers to Russia during the war in Ukraine, stating that it has not and has no plans to do so and labelling the claims as an attempt to tarnish the hermit nation's image.
22.09 / 08:41
Technology Climate change Jail foreign Foreign prisoners, some facing execution, freed from east Ukraine jail
A group of ten foreign captives - including five British men, two Americans, a Swede, Croat, and a Moroccan - have been released from jail in separatist-controlled east Ukraine in a deal negotiated by Saudi Arabia. 
22.09 / 02:05
COST Citi CEO Rescue Why Truss must focus on the City to rescue the economy
David Postings is CEO of UK Finance
21.09 / 22:16
Provident Digital CEO Platform Crypto Market Maker Wintermute Hacked for $160M
One of the leading crypto market makers, Wintermute, has lost about $160 million in a hack, becoming the latest crypto firm to suffer a breach. Wintermute's CEO and founder, Evgeny Gaevoy, revealed in a series of tweets that the firm's decentralized finance operations were compromised on Sept. 20.
21.09 / 21:07
Lightning Network Bitcoin Community Bitcoin businesses place Raising a glass to Satoshi’s Place and the challenge of running Bitcoin businesses
Cointelegraph took a trip to Satoshi’s Place on Friday, a Bitcoin (BTC) hub in Greater Manchester. Named after the anonymous creator of the world’s largest and most widely accepted cryptocurrency, the bar and workspace offer workshops, coworking spaces for local businesses and Bitcoin-inspired cocktails.
21.09 / 18:39
Food The rise and rise of Europe's bread prices amid the war in Ukraine
Bread prices have risen sharply across Europe over the past year, new data reveals, with the increase particularly steep since Russia's invasion of Ukraine.

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