Britain Financial News

04.05 / 11:11

audit Audit watchdog launches probes over Gupta-linked audits

The UK’s audit regulator has launched probes into the audits by London accountants King & King of four companies founded by metals tycoon Sanjeev Gupta.

04.05 / 11:11

Nest appoints Schroders for £1.5bn private equity push

The UK’s largest workplace pension scheme has appointed Schroders to spearhead its push into private equity.

04.05 / 02:15

Pirc tells Barclays shareholders to vote against pay report

Barclays investors have been urged by a major adviser to oppose the bank’s remuneration policy, raising the prospect of a shareholder rebellion over executive pay at the UK lender.

04.05 / 02:15

KPMG UK to double size of legal arm amid investment spree

KPMG UK is set to double the size of its legal services arm over the next three years amid a £300m investment in growth at the Big Four firm.

03.05 / 20:33

markets OKEx Bitcoin 3 reasons why Bitcoin price is clinging to $38,000

Bitcoin (BTC) has been unable to break from the 26-day-long descending channel. Investors are uncomfortable holding volatile assets after the United States Federal Reserve pledged to reduce its $9 trillion balance sheet.

03.05 / 19:35

Art Fashion Refugees 'Frustration and relief' - the UK scheme for Ukrainian refugees 50 days on

"Watching the sheer number of people coming out of Ukraine, we had to do something," said Lucy Wells. "I come from a Christian family, we were brought up to help others wherever you can."

03.05 / 17:07

Art European Union School 'Sulky liver sausage': Olaf Scholz slammed after refusing to visit Kyiv

The Ukrainian ambassador to Germany has slammed Chancellor Olaf Scholz for refusing to visit Kyiv following Russia's invasion.

03.05 / 15:03

Bitcoin Coachella for Capitalists: Why bitcoin topped the bill at Berkshire Hathaway’s AGM

It's been called the Woodstock of Capitalism, Coachella for Capitalists, and a whole lot worse too.

03.05 / 14:47

fundsmith FCA orders Terry Smith’s Fundsmith to conduct a review of operations

Fundsmith, the asset management firm run by veteran star stock picker Terry Smith, has been asked by the UK regulator to conduct a review of its operations.

03.05 / 09:25

UPS HSBC HSBC’s top shareholder Ping An urges bank break up

HONG KONG — China's Ping An Insurance has quietly taken up the role of shareholder activist, putting pressure on HSBC to consider a shake-up that could reshape one of the world's biggest financial institutions.

02.05 / 21:45

UPS Citi CEO Why Raymond James CEO Paul Reilly is betting big on the UK

It is June 2016. The UK votes to leave the EU. Reports predict thousands of job losses and a severe decline in the City of London.

02.05 / 02:21

UPS Citi CEO Why Raymond James CEO Paul Reilly is betting big on the UK

It is June 2016. The UK votes to leave the EU. Reports predict thousands of job losses and a severe decline in the City of London.

01.05 / 08:19

Government Blockchain Adoption Self-custody, control and identity: How regulators got it wrong

The recent European Union proposal requiring centralized crypto exchanges and custodial wallet providers to collect and verify personal information about self-custodial wallet holders shows the dangers of recycling traditional finance (TradFi) rules and applying them to crypto without appreciating the conceptual differences. We can expect to see more of this as countries look to implement the Financial Action Task Force (FATF) Travel Rule, initially designed for wire transfers, to transfers of crypto assets.

30.04 / 17:33

Refugees UK MP resigns after admitting to watching pornography in parliament

Neil Parish, a Conservative lawmaker in Britain, has resigned after admitting to watching pornography twice in the House of Commons.

30.04 / 12:39

UPS LGIM piles pressure on boardroom diversity and pay

Legal & General Investment Management, the UK’s largest fund management group, ramped up its opposition to companies falling short on boardroom diversity last year, voting against 370 director appointments at firms that failed to meet its expectations.

30.04 / 12:07

NMC Sky News EY hit with £2bn lawsuit over NMC Health audits

Big Four auditor EY has been hit with a lawsuit by the administrators of collapsed FTSE-100 healthcare business NMC Health.

30.04 / 11:41

business Updates Ukraine war live updates: Russian forces likely suffering from 'weakened morale', UK says

Many Russian military units are "likely suffering from weakened morale", the UK said in its latest defence intelligence update, stating that Russia has been forced to "merge and redeploy depleted and disparate units".

30.04 / 09:53

HSBC UK advertising watchdog mulls calling out HSBC for greenwashing

The UK advertising watchdog is considering whether to warn HSBC that several of the bank’s climate-related adverts are “misleading”.

30.04 / 06:41

Provident Platform Strategy CHO NFTs Limited Collection Sold Out Totaling More Than USD 160,000

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

30.04 / 03:21

FIVE Aware Southern BitStamp EU and UK represent a unique challenge for crypto adoption: Report

A new crypto study has found that major obstacles await crypto adoption across the world. Bitstamp, a global cryptocurrency exchange, carried out the survey of over 23000 retail and 5000 institutional respondents. Major obstacles have been pointed out in the study for different regions across the world.

30.04 / 03:07

LSE London Stock Exchange LSE boss Julia Hoggett: Capital markets are seen as something that ‘enables bankers to drive Lamborghinis’

The chief executive of the London Stock Exchange said that the UK’s capital markets need to change their image from being something that “enables bankers to drive Lamborghinis” to something that helps companies grow.

what's happening in Britain

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