Britain Financial News

27.07 / 23:49

Energy Power Macron calls Russia a 'colonial power' during visit to ex-French colony

The French president vilified Russia as a "colonial imperial power" during a visit to Benin, which France ruled for more than 150 years.

27.07 / 22:03

Energy Ukraine war: What you need to know this Wednesday

The headquarters that will coordinate grain exports from Ukraine was unveiled in Turkey on Wednesday, following a landmark agreement to unlock shipments last week.

27.07 / 19:55

Energy Research Top EU officials hacked by Israeli Pegasus spyware

The European Union (EU) has found evidence that phones used by some of its top staff were hacked by Israeli spyware, the bloc's top justice official said in a letter seen by Reuters.

27.07 / 18:55

inflation Airport Deal Why aren't ships rushing to export grain from Black Sea ports after Ukraine-Russia deal?

With countries across the world on the brink of famine, shipping companies aren't rushing to export millions of tons of trapped grain out of Ukraine, despite a breakthrough deal to provide safe corridors through the Black Sea.

27.07 / 18:39

Energy Fears of winter gas shortages as Nord Stream reduced to 20% capacity

Gas deliveries via Nord Stream fell on Wednesday to 20% of the pipeline's capacity, amplifying worries about winter shortages across Europe, according to the German operator Gascade.

27.07 / 18:39

inflation Airport Deal European powers urge Iran to agree to 'best possible' nuclear deal

Western European powers have pressed Iran to sign a revived 2015 nuclear deal, warning that what's on the table now is “the best possible” arrangement.

27.07 / 13:43

Enterprise Cap Russia’s oil price now to avoid recession

Michael R Strain is director of economic policy studies at the American Enterprise Institute

27.07 / 11:57

Prime Minister debate UK Conservative debate abandoned after host faints on air

A televised debate between the candidates to become Britain's next prime minister had to be abandoned on Tuesday after the host fainted on air.

27.07 / 11:31

economics inflation Central Bank Inflation Is 2022’s Boogeyman

Stephen Hickson, Economics Lecturer and Director Business Taught Masters Programme, the University of Canterbury.____

27.07 / 08:37

fake news Heatwave Fake news states University of Oxford is revoking degrees of alumni with Kremlin links

Social media users, as well as one of Russia's largest TV channels, Rossiya 1, shared misleading claims on Sunday that the University of Oxford has started to revoke the degrees of 10,000 students linked to the Kremlin.

27.07 / 07:23

Parke Why SJP boss Andrew Croft isn’t backing down from an embattled model

Spencer House, an 18th-century mansion, looks out onto leafy Green Park, a stone’s throw from Buckingham Palace. The Grade I listed building is currently owned by Earl Spencer, the brother of Diana, Princess of Wales. It has busts and oil paintings in its grand lobby.

27.07 / 02:07

UPS Citi Citigroup Citi’s UK boss opens up on his mental health struggles: ‘If I was working, it was a distraction from the sadness’

When Citigroup acquired Schroders’ investment banking division in 2000, James Bardrick threw himself into his work.

27.07 / 00:19

Adoption Lightning Network lightning Bitcoin boost The Costa’ Bitcoin on the rise: Major chains give Gibraltar a BTC boost

“But you can’t buy a coffee with Bitcoin,” the Bitcoin (BTC) critics chanted. Gibraltar, a tiny British Overseas Territory in Europe just blew a hole in that FUD as popular coffee chain Costa Coffee now accepts Bitcoin over Lightning.

26.07 / 19:59

Ukraine war: The latest developments you need to know this Tuesday

Russia targeted Ukraine's Black Sea regions of Odesa and Mykolaiv with airstrikes on Tuesday, hitting private property and port infrastructure along the country's southern coast, the Ukrainian military said.

26.07 / 18:07

Airlines Airport Travel chaos: Heathrow airport boss blames women packing too much make-up as reason for queues

Horror delays at Heathrow are being partly caused by passengers taking too much make-up and feigning mobility issues, the airport’s boss has claimed.

26.07 / 17:25

UPS Provident Digital Platform copper stake Barclays takes stake in crypto firm Copper

Founded in 2018, Copper provides a gateway into the crypto asset space for institutional investors by offering custody, trading, and settlement solutions across 450 crypto-assets and more than 45 exchanges. The company's flagship product is ClearLoop, a framework that connects the universe of exchanges in one secure trading loop — with real-time settlement across multiple networks.

26.07 / 17:18

education Texas Bitcoin Crypto miners Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners

Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United Kingdom recently saw temperatures reach 104 degrees Fahrenheit (40 degrees Celsius).

26.07 / 15:49

Blockchain COP UBS Moelis UK crypto The Fintech Files: Moelis bites on blockchain, UK crypto cops grow some teeth

Ken Moelis, the billionaire former president of UBS, is no stranger to the turbulent world of crypto. He has a personal investment in Paxos, a blockchain firm, and last year likened the industry to the California gold rush of 1848.

26.07 / 13:41

Deal Energy ministers reach deal on EU-wide gas reduction plan

Energy ministers from EU countries have reached a deal on an unprecedented energy plan that will introduce a voluntary 15% reduction in gas consumption across the bloc from now until next spring.

26.07 / 13:13

Binance Legal Binance CEO Sues Bloomberg's Partner Over 'Shitcoin Casino' Article

Changpeng 'CZ' Zhao, CEO of crypto exchange Binance, seems to be very unhappy with his portrayal by a major media outlet, as he is willing to go to court to fight against it. Zhao has sued the Hong Kong publisher of Bloomberg Businessweek after a Chinese language version of an article allegedly depicted him as operating a “shitcoin casino.”

26.07 / 12:57

Wildfires Russia to make drastic cuts to EU gas supply via Nord Stream pipeline

Russian energy giant Gazprom would further reduce natural gas flows through the Nord Stream pipeline to 20% of capacity, citing equipment repairs. The move ramps up concerns that Russia may cut off gas as political leverage over the war in Ukraine, just as Europe tries to shore up storage for winter.

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