Britain Financial News

26.05 / 16:53

Oil Giants to Be Hit by Windfall Tax in U.K.

LONDON—The U.K. said it would impose a temporary levy on oil-and-gas producers to help soften the pain of soaring energy prices on consumers, a rare so-called windfall tax aimed at blunting a worsening cost-of-living crisis.

26.05 / 16:05

business Blockchain Adoption Africa inclusion Financial Blockchain tech offers multiple paths to financial inclusion for unbanked

Financial inclusion, accessible services and the unbanked are standard talking points in many conversations about crypto. But, the details may remain somewhat fuzzy — the people who talk about crypto are generally those already inside the financial system. There are people who are actively working to increase financial inclusion and access to services for the vast number of people who are unbanked or underserved.

26.05 / 15:17

Police Texas Texas school shooting: Details emerge in community overwhelmed with grief

Anguished bystanders begged the police to intervene while a gunman barricaded himself into a classroom and opened fire on primary school pupils in Texas, it has emerged.

26.05 / 12:17

CLIMATE CRISIS foreign UK foreign secretary visits Bosnia amid fears of Russian interference

UK Foreign Secretary Liz Truss is visiting Sarajevo on Thursday in a bid to reaffirm her country's commitment to peace and stability in Bosnia amid growing fears of malign influence from Russia in the small Balkan country of about 3 million.

26.05 / 10:45

Future SFO boss Lisa Osofsky’s future in balance as report into fraud squad’s conduct nears

The director of the Serious Fraud Office Lisa Osofsky’s future is in the balance as she awaits two key reports into the agency’s failings in cases surrounding Serco and Unaoil.

26.05 / 10:29

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.

26.05 / 05:51

Adoption Survey NOT Developing countries love the Metaverse, rich nations not keen: WEF survey

Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according to a survey conducted for the World Economic Forum (WEF).

26.05 / 01:49

Waves StanChart says 48,000 bankers are working hybrid after pandemic overhaul

Close to 48,000 Standard Chartered employees are now working in a formal hybrid pattern after the bank overhauled its working practices during the pandemic.

26.05 / 01:31

FCA branded ‘not fit for purpose’ as protesters march for better regulation

A crowd of roughly 75 protesters branded the Financial Conduct Authority “not fit for purpose” as they began a march from the Royal Courts of Justice on 24 May.

25.05 / 22:01

markets Snapchat Bitcoin Bears Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry

Bitcoin (BTC) price has been unable to close above $32,000 for the past fifteen days and is currently down 37% year-to-date. Although that might seem excessive, it does not stand out among some of the largest U.S.-listed tech companies which have also sustained notable losses recently.

25.05 / 18:49

Abramovich’s offshore wealth is the focus of new probe

Authorities in Jersey are conducting a wide-ranging preliminary probe into Roman Abramovich’s wealth held on the island, including whether a business partner helped the billionaire try to evade UK sanctions, according to people familiar with the situation.

25.05 / 14:31

Seventy five missing after crowded boat of migrants sinks off the coast of Tunisia

Some 75 people are missing after a crowded boat sank off the coast of Tunisia on Wednesday, according to the International Organisation for Migration and a Tunisian security official.

25.05 / 14:31

Watch live: Johnson to speak as report blames 'senior leadership' for illegal parties

The "partygate" scandal which engulfed Boris Johnson and his close team earlier this year returns to centre stage on Wednesday with the publication of the much-awaited official report.

25.05 / 14:05

Future SFO boss Lisa Osofsky’s future in balance as report into fraud squad’s conduct nears

The director of the Serious Fraud Office Lisa Osofsky’s future is in the balance as she awaits two key reports into the agency’s failings in cases surrounding Serco and Unaoil.

25.05 / 13:13

Blockchain Ethereum cryptocurrency CryptoExplainer Pay More Attention To Assets' Backing: Ethereum's Co-Founder On Crash

'Pay more attention' Ethereum co-founder says of crypto crash

25.05 / 12:23

Waves StanChart says 48,000 bankers are working hybrid after pandemic overhaul

Close to 48,000 Standard Chartered employees are now working in a formal hybrid pattern after the bank overhauled its working practices during the pandemic.

25.05 / 10:35

FCA branded ‘not fit for purpose’ as protestors march for better regulation

A crowd of roughly 75 protestors branded the Financial Conduct Authority “not fit for purpose” as they began a march from the Royal Courts of Justice on 24 May.

25.05 / 09:45

Clifford Chance boosts junior lawyers’ pay to £125,000

Magic Circle law firm Clifford Chance has raised pay for newly-qualified lawyers to £125,000 per year.

25.05 / 09:05

cryptocurrency CryptoExplainer To Reclaim African Artifacts, 'Looty' Project Launches Digital Art Heists

'Looty' project launches digital art heists to reclaim African artifacts

25.05 / 07:31

Kyiv Documenting war crimes in Ukraine: Survivors describe horrors outside of Kyiv

Behind the destroyed walls of the cities of Ukraine lie hundreds of tales of torture, mass rapes, and murder of civilians.

24.05 / 23:49

School Attack News two dead Texas shooting: 'Two dead, over a dozen injured' at elementary school

Two people were dead and more than a dozen children hospitalized as multiple medical centers cared for people injured in a shooting at a Texas elementary school, hospital officials said Tuesday. Police have said the suspected shooter is in custody.

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