Britain Financial News

31.05 / 13:35

regulation ICO Terra Agency regulatory South Korea to Launch a Crypto Regulatory Agency in Wake of LUNA Crash

The South Korean government will step up the launch of a new regulatory body to police the crypto sector – and could fast-track its creation as a direct response to what it has dubbed the “terra (LUNA) incident.”

31.05 / 09:51

Windfall tax weighs on oil and gas investors as UK stocks dive

Shares in independent UK oil-and-gas companies have plunged since the UK government hit them with a new 25% tax, a move that is expected to put billions of pounds into the Treasury’s coffers.

31.05 / 09:43

UPS Waters reform audit Audit regulator slams government over ‘missed opportunity’ for reform

The UK’s audit watchdog has criticised the government for watering down key reforms that would have tightened up accounting practices.

31.05 / 03:07

Adoption regulation Tax reform open Japan’s Prime Minister Reportedly Open to Idea of Crypto Tax Reform

The Japanese Prime Minister Fumio Kishida has indicated that he may be open to reforming the nation’s much-maligned crypto tax laws in a bid to spark Web3-related growth.

31.05 / 02:23

Provident Waters audit Audit reforms set to be watered down after business backlash

Plans to toughen UK audit standards after a string of scandals are set to be watered down, according to reports, as the government rows back on bold reforms to the corporate governance regime.

31.05 / 00:33

European Union France demands 'transparent investigation' into death of journalist killed in Ukraine

France's new foreign minister has demanded a "transparent investigation" into the death of a French journalist in Ukraine.

30.05 / 21:43

UPS Invesco Woodford Woodford three years on: ‘Shameful’ silence as trapped investors still await justice

Paul McInerney was among the thousands of retail investors who backed Neil Woodford some eight years ago, when the star UK fund manager readied his departure from Invesco Perpetual to set up his own venture.

30.05 / 17:21

Provident Gap coinbase Stealth businesses Merge emerges from stealth to provide banking infrastructure for crypto-native businesses

Merge is aiming to fill the gap left by traditional financial institutions in servicing crypto-native business. Founded by Kebbie Sebastian, who led led PayPal’s financial products business in the UK, alongside former Coinbase and Luno executives, Merge says it will provide a seamless way for crypto and web3 companies to hold and transfer fiat funds, convert between fiat and crypto as well as manage compliance, all within a simple to integrate API.Zihao Xu, investor at Octopus Ventures comments: “Merge’s vision is to build the infrastructure necessary to allow crypto businesses to operate without fear of shutdown by regulators or third-party risk teams.

30.05 / 12:27

Provident Waters audit Audit reforms set to be watered down after business backlash

Plans to toughen UK audit standards after a string of scandals are set to be watered down, according to reports, as the government rows back on bold reforms to the corporate governance regime.

30.05 / 09:13

UPS Invesco Woodford Woodford three years on: ‘Shameful’ silence as trapped investors still await justice

28.05 / 16:43

Climate change War crimes Wagner foreign Threat UN report: Libya faces serious security threat from foreign fighters, Russia's Wagner

Libya faces a serious security threat from foreign fighters and private military companies, especially Russia's Wagner Group which has violated international law, a UN expert report said.

28.05 / 12:25

Climate change Kyiv fears 'Mariupol repeat' as Russian forces escalate Donbas attacks

The advance of Russian forces in eastern Ukraine's industrial Donbas region raised fears that cities in the region would undergo the same horrors inflicted on the people of Mariupol in the weeks before it fell.

28.05 / 11:41

Climate change Lithuanians organise donation drive to buy Bayraktar drone for Ukraine

Hundreds of Lithuanians are chipping in together to buy an advanced military drone for Ukraine in its war against Russia in a show of solidarity with a fellow former Soviet Union country.

27.05 / 16:37

Adoption regulation Tax PM Says Web 3 Is an Opportunity for Japanese ‘Economic Growth’

The Japanese Prime Minister has spoken to the nation’s parliament about Web 3, claiming that it will spark economic growth – a further indication that pro-business legal reform could be on the cards in the nation.

27.05 / 13:29

Crime Hack Legal MetaMask MetaMask Aims to Help Crypto Scam & Phishing Victims Take Legal Action Against Fraudsters

The browser-based crypto wallet provider MetaMask has announced that it will attempt to aid users who fall prey to crypto-related scams and phishing attacks in their quests to recoup lost or stolen assets.

27.05 / 08:11

Texas 500 Ukraine live: At least 1,500 dead in city of Sievierodonetsk, says mayor

Fighting around the city of Sievierodonetsk has intensified, with at least 1,500 casualties and 60% of residential buildings destroyed. About 12,000 to 13,000 people remain in the city, according to the local mayor, with Sievierodonetsk the only part of the Luhansk region in Donbas still under Ukrainian government control.

27.05 / 06:05

COST Citi boost FCA looks to boost London markets with listing reforms

The Financial Conduct Authority is set to loosen the UK's listings rules to make sure the City continues to attract new IPOs.

27.05 / 04:09

digital assets MetaMask recovery MetaMask joins forces with Asset Reality for recovery of stolen digital assets

crypto wallet MetaMask has inked a new strategic partnership with Asset Reality, an end-to-end solution for recovering, managing, and accessing seized crypto and complex assets. MetaMask is a ConsenSys product and among the leading self-custody wallets. MetaMask and Asset Reality will be helping victims of scams recover their digital assets where possible. The support will be available for all MetaMask users globally who have been victims of scams across MetaMask’s most active markets in the United States, the UK, the Philippines, India, Vietnam, Brazil, France, Germany and Nigeria.

26.05 / 23:25

Texas Russia offers to lift port blockade in exchange for sanctions relief

Russia's defence ministry says it will lift its blockade of Ukrainian ports in exchange for sanctions relief.

26.05 / 21:41

Provident PwC Deloitte 2024 audit Big Four firms have until 2024 to spin off audit arms

The UK’s four largest audit firms — who hold the majority of audit contracts for the largest listed companies — have been given until 2024 to separate their audit businesses from the rest of their advisory work.

26.05 / 21:01

markets Ethereum Dollar Bears Support Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry

Ether's (ETH) performance over the past three months has been less than satisfying for holders and the 50% correction since April 3 caused the altcoin to test the $1,800 support for the first time since July 2021.

what's happening in Britain

What is the current situation in Britain?

In Britain, the spotlight is on socially significant developments that spark public discussion.

Where can I find reliable news about Britain?

We publish in-depth coverage about the situation in Britain, based on information from regional journalists.

What shapes the media agenda in Britain?

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