Britain Financial News
05.09 / 23:17
business
Netflix
Streaming
advertisement
ad
Netflix bans crypto commercials on ad-based streaming service: Report
Streaming giant Netflix has reportedly banned cryptocurrency-related commercials on its ad-supported subscription tier, which is scheduled to launch in November months ahead of schedule.
05.09 / 19:29
Government
Law
Liz Truss, who said UK 'should welcome cryptocurrencies' will be the next prime minister
After a race for the leadership of the Conservative Party, Secretary of State for Foreign, Commonwealth and Development affairs Liz Truss defeated former Chancellor of the Exchequer Rishi Sunak and will be the next prime minister of the United Kingdom.
05.09 / 17:51
Extreme
Racing
Deutsche Bank says risk of a 'sterling crisis' is rising as Truss becomes UK prime minister
Following the news that Liz Truss will become Britain's new prime minister, Deutsche Bank says policy announcements in the coming weeks will be crucial if the U.K. is to avoid extreme macroeconomic events, particularly a balance of payments crisis.
05.09 / 15:49
Citi
Racing
Truss becomes PM — here’s what it means for the City
All eyes are on the City and what's next for financial services policy as Liz Truss was confirmed as the winner in the race to become the UK's next prime minister.
05.09 / 15:49
JPMorgan
veteran
JPMorgan to hire Deutsche veteran Sheppard to co-head UK deals
One of Deutsche Bank's top European dealmakers has left the German lender and is set to join JPMorgan in a senior role at its UK investment bank, according to sources with knowledge of the move.
05.09 / 15:45
Energy
Liz Truss: What will the UK's new prime minister mean for Europe?
The phrase was short but gave a telling insight into the worldview of the UK's new prime minister.
05.09 / 15:11
Provident
BitPanda
Action
Bitcoin
UK orders crypto exchanges to report sanctions breaches
The UK Treasury's Office of Financial Sanctions Implementation (OFSI) has updated its guidance to include crypto exchanges over the fear that crypto currencies such as bitcoin are being used to dodge sanctions.
05.09 / 14:45
Watch: Liz Truss set to become Britain’s next prime minister
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05.09 / 14:31
Energy
Sunak
Liz Truss or Rishi Sunak: Who will be the UK's next prime minister?
After weeks of uncertainty, the UK will today learn who will be the country's next prime minister.
05.09 / 14:15
Lowe's
Low
UK economic crisis could see sterling plunge to 200-year low
The British pound slid to its lowest level against the US dollar since 1985, a reflection of the UK’s dire economic situation. Investors are braced for sterling to weaken even further to a nadir not seen in more than two centuries of trading across the Atlantic.
05.09 / 10:07
equity funds
Equity funds bleed more than £4bn as bear market rally fails to calm investors
Investors have pulled more than £4bn from equity funds so far this year amid growing concerns of "pernicious and persistent" inflation.
05.09 / 09:35
business
Blockchain
Cybersecurity
security
Crypto app targeting SharkBot malware resurfaces on Google app store
A newly upgraded version of a banking and crypto app targeting malware has recently resurfaced on the Google Play store, now with the capability to steal cookies from account logins and bypass fingerprint or authentication requirements.
05.09 / 08:29
Waves
Mobile
Monarch
cost-of-living crisis
Britain's next prime minister to be announced as country tackles worsening cost-of-living crisis
LONDON — The next prime minister of the U.K. will be announced Monday following a grueling, and at times bitter, leadership contest within the ruling Conservative Party.
05.09 / 02:07
HSBC
HSBC names new team of dealmakers for private markets drive
HSBC has assembled a team of dealmakers to tackle private markets deals, a growing area of demand in Europe as initial public offerings slump this year.
02.09 / 17:59
02.09 / 16:57
Gas
Cost of Living Crisis
Europeans worry cost of living crisis will cause social unrest: survey
Many Europeans worry that high inflation due to the current energy crisis could fuel social unrest, protests, and strikes, according to a new survey in France, Germany, Poland and the United Kingdom.
02.09 / 09:41
COST
Provident
CEO
Britain's banks are giving staff one-off crisis payments. But they're being urged to do much more
LONDON — Britain's financial sector is being urged to do more to help workers struggling with the cost-of-living crisis, despite a slew of top banking names providing one-off payments to low earners.
01.09 / 21:55
U.K. Commits to Plan to Cap Price of Russian Oil
WASHINGTON—The British Treasury chief said the U.K. was committed to a U.S.-led effort to put a cap on the price of Russian oil as a top Russian official said the country would refuse to sell oil at a capped price.
01.09 / 18:17
business
Sport
Europe
Deal
Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
Cryptocurrency exchange Crypto.com has reportedly dropped out of a half-billion-dollar sponsorship deal with the Union of European Football Associations Champions League.
01.09 / 13:39
Blockchain
UPS
The crypto graduates are coming — and they want your finance jobs
Veterans of traditional finance watch out: An ever-growing horde of graduates armed with crypto skills will soon enter the workforce as universities ramp up efforts to teach the subject.
01.09 / 12:49
COST
Drop
reports
Vanguard’s European arm reports 33% profit drop as headcount rises by almost 200
Profit at the European arm of fund management giant Vanguard dropped by a third last year, as the business incurred higher expenses and personnel costs after adding almost 200 people to its books.
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