Britain Financial News
11.06 / 08:15
Citi
audit
London activist Tulipshare dealt blow after Salesforce shareholders veto racial justice audit
A proposal by London-based activist investor Tulipshare to investigate racial justice at Salesforce was rejected by the tech giant — a blow for the UK startup.
11.06 / 00:43
SEC
Action
BNI
Lawyers
Lawyers predict FCA greenwashing crackdown after BaFin and SEC action
The ongoing greenwashing debacle surrounding DWS jolted the asset manager last week, after a dramatic twist that saw German authorities raid its Frankfurt offices, just eight days after the US regulators fined BNY Mellon for allegedly making misleading ESG claims.
10.06 / 18:25
Environment
NOT
'It's just not happening': Crops go to waste as UK farmers struggle to find workers
British farmers, forced to throw away tonnes of crops due to a shortage of labour, are calling for the UK government to bring back freedom of movement.
10.06 / 16:47
Scientists hope this injectable stem cell gel can repair heart attack damage and avoid transplants
Researchers in the UK have developed a biodegradable hydrogel that could help repair the damage caused by heart attacks.
10.06 / 16:01
Adoption
Lightning Network
lightning
Bitcoin
network
bitcoin lightning
Bitcoin Lightning Network Capacity charges through 4,000 BTC
There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-peer payments.
10.06 / 11:53
Drugs
European Union
Brexit and Covid lockdowns blamed for bad MDMA in the UK
It’s not just longer passport queues being blamed on Brexit, as researchers say the UK’s EU exit, as well as Covid-19 lockdowns, has caused a dramatic drop in drug quality.
10.06 / 11:53
UPS
Takeover
FirstGroup rejects £1.2bn takeover offer from I Squared
UK bus and train operator FirstGroup rejected a £1.23bn takeover bid from the US private equity firm I Squared saying that the offer “significantly undervalued FirstGroup’s continuing operations and its future prospects”.
10.06 / 04:11
Savile Row cuts a new figure after Covid
Known for outfitters of formal suits for James Bond actors and other celebrities, Savile Row in London’s West End has long been the Mecca of British bespoke tailoring.
09.06 / 19:15
Climate change
European Union
Britons sentenced to death for fighting with Ukraine's army
Two British citizens and a Moroccan have been sentenced to death by pro-Moscow rebels in eastern Ukraine for fighting on Ukraine's side.
09.06 / 14:05
SEC
Action
BNI
Lawyers
Lawyers predict FCA greenwashing crackdown after Bafin and SEC action
The ongoing greenwashing debacle surrounding DWS jolted the asset manager last week, after a dramatic twist which saw German authorities raid its Frankfurt offices, just eight days after the US regulators fined BNY Mellon for allegedly making misleading ESG claims.
09.06 / 12:17
UPS
Takeover
FirstGroup rejects £1.2bn takeover offer from I Squared
UK bus and train operator FirstGroup rejected a £1.23bn takeover bid from the US private equity firm I Squared saying that the offer “significantly undervalued FirstGroup’s continuing operations and its future prospects”.
09.06 / 10:31
IPO
Digital
CEO
Software
consolidation
'The mood is very grim': Once-hot fintech sector faces IPO delays and consolidation
AMSTERDAM — Financial technology companies are putting IPO plans on hold and cutting expenses as fears of an impending recession cause a shift in how investors view the market.
09.06 / 02:11
Savile Row cuts a new figure after Covid
Known for outfitters of formal suits for James Bonds and other celebrities, Savile Row in London’s West End has long been the Mecca of British bespoke tailoring.
09.06 / 00:43
UPS
Former Schroders chief Michael Dobson lands chair role at Berkeley Group
Michael Dobson, the former chair of Schroders, has been appointed to the board of UK housebuilder Berkeley Group as its non-executive chair.
08.06 / 22:43
SEC
Gemini
Bitcoin
Bears
Bitcoin bears have plenty of reasons to hold BTC price below $32,000
Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions.
08.06 / 17:11
UPS
Bitcoin
UK government trials renewable crypto funding
The government has handed funding to a startup in a new push to decarbonise cryptocurrencies, opening the door to similar projects getting grants in future.
08.06 / 13:39
Provident
Digital
Gap
Checkout.com
settlement
Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement
UK-based payments solution provider Checkout.com announced on Tuesday the launch of its stablecoin settlement solution by using Fireblocks’ new crypto payment technology.
08.06 / 12:17
Technology
European Union
Ukraine war live: Zelenskyy praises 'heroic defence' of Sievierodonetsk
Intense fighting to control Sievierodonetsk continued Tuesday, with both Russia and Ukraine making a series of claims and counter-claims about the situation on the ground. Moscow said it had "liberated" the eastern city, which is key to controlling Ukraine's eastern Donbas region, although this was soon rebuked by Kyiv who maintained they were still in control.
08.06 / 11:37
Digital
VISA
MasterCard
Threat
Crypto poses a threat to the safety of global payment systems, fintech boss warns
AMSTERDAM — The boss of Goldman Sachs-backed digital bank Starling has doubled down on criticisms of crypto, calling digital currencies a threat to the safety of payment infrastructure.
08.06 / 10:57
UPS
Former Schroders chief Michael Dobson lands chair role at Berkeley Group
Michael Dobson, the former chair of Schroders, has been appointed to the board of UK housebuilder Berkeley Group as its non-executive chair.
08.06 / 09:15
Blockchain
cryptocurrency
Digital
cryptocurrency news
Crypto Technology To Be A Priority For Britain's Market Activities
Britain will begin testing of crypto blockchain technology for traditional market activities next year
breaking news about Britain
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