Britain Financial News

16.02 / 03:09

LinkedIn Covenant The ‘Great Resignation’ is tempting — but can you take your LinkedIn contacts with you?

Tom McLaughlin is a managing associate at employment law firm BDBF, specialising in restrictive covenants, confidential information and team moves

15.02 / 21:25

Citi Jefferies’ bumper UK fees finally vindicate Hoare Govett purchase

Some corporate deals take a while to prove their worth — in the case of Jefferies’ acquisition of venerable City broker Hoare Govett, about 10 years.

15.02 / 20:41

Technology Sexual Abuse settlement Prince Andrew reaches settlement in Virginia Giuffre sexual abuse case, says court filing

A settlement has been reached in the lawsuit accusing Britain's Prince Andrew of sexually abusing Virginia Giuffre when she was 17-years-old, according to a court filing.

15.02 / 16:49

Platform Drop ESG flows drop as EU regulator warns of possible green bubble

Hargreaves Lansdown, the UK's largest investment platform, saw ESG flows drop for the first time since the beginning of the pandemic, as a leading EU regulator also said green assets might be due a correction.

15.02 / 14:19

Digital CEO Nutmeg CEO Neil Alexander on how JPMorgan’s buyout will turn the business around

“They don’t want to crush the butterfly.” That was JPMorgan’s message last June when it acquired Nutmeg, according to Neil Alexander, the firm’s chief executive.

15.02 / 13:31

business Twitter Scams Counterfeit NFTs result in marketplace shutdown: Experts weigh in

“Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations.

15.02 / 13:03

cryptocurrency Adoption Bitcoin Canada Joins Lebanon and Turkey in 'Bitcoin's Marketing Team'

The Deputy Prime Minister and Finance Minister of Canada has claimed that banks in the country could be asked to immediately freeze or suspend the bank accounts of individuals in the country, as the “truck drivers’ protest” over Canadian COVID-19 restrictions continues.

15.02 / 12:39

net zero EY to recruit 1,300 staff for net zero advisory business

EY UK is planning to recruit 1,300 people over the next three years for a new business advising public companies on their transition to net zero.

15.02 / 12:23

Digital Three NFTs seized in £1.4m fraud investigation

The UK’s tax authority seized three non-fungible tokens during a probe into suspected VAT fraud that involved 250 allegedly fake companies.

15.02 / 00:25

Kyiv Russia-Ukraine crisis: US relocates Kyiv embassy operations amid push for diplomacy

The US moved its Ukrainian embassy operations from Kyiv to the western city of Lviv due to the threat of Russian invasion as Western leaders pushed for a diplomatic solution to the crisis.

14.02 / 21:07

UPS Citi compliance Russia-Ukraine conflict heightens compliance risks as City put on alert

Financial services firms are being urged to step up checks on cybersecurity and money laundering as potential sanctions around the Russia-Ukraine crisis raise another compliance headache for the City.

14.02 / 20:37

Sport UK Post Office scandal: 'People thought we were thieves', hears inquiry into wrongful convictions

A former British post office manager broke down in tears as he gave evidence to a public inquiry on Monday into an IT scandal that resulted in hundreds of wrongful convictions in one of the biggest miscarriages of justice in UK legal history.

14.02 / 18:09

Crime Legal Tax UK fraud case Tax Authority UK Tax Authority Confiscates 3 NFTs in Fraud Case as a First

As part of its probe into a potential value-added tax (VAT) fraud, UK tax authority Her Majesty's Revenue and Customs (HRMC) has confiscated three non-fungible tokens (NFTs) in what represents the first seizure of such assets by a British government institution.

14.02 / 17:23

Art Sport 'Business as usual': Western firms in Ukraine resist calls for expats to leave

The message from Western businesses operating in Ukraine appears to be very much "business as usual" -- at least for now -- despite intensified warnings from international governments of a potentially imminent Russian invasion.

14.02 / 17:15

UPS Citi compliance City on alert as Russia-Ukraine conflict heightens compliance risks

Financial services firms are being urged to step up checks on cybersecurity and money laundering as potential sanctions around the Russia Ukraine conflict raise another compliance headache for the City.

14.02 / 17:01

Altcoins wallet Trading Tezos Tezos Integrates Baanx App to Allow Users to Borrow, Spend Crypto

Blockchain network Tezos (XTZ) has introduced a new app to help users manage their digital assets in collaboration with the crypto-focused fintech company Baanx Group.

14.02 / 15:33

Digital Three NFTs seized in £1.4m fraud investigation

The UK’s tax authority seized three non-fungible tokens during a probe into suspected VAT fraud that involved 250 allegedly fake companies.

14.02 / 15:10

Blockchain Digital Time British authorities just seized NFTs for the first time, in a £1.4 million fraud probe

LONDON — Britain's tax watchdog has seized three non-fungible tokens, in what is thought to be the first seizure of NFTs by a U.K. law enforcement agency.

14.02 / 13:35

fall Soaring Inflation Means Britons Face Biggest Fall in Real Incomes in 30 Years

LONDON—British households are facing the biggest fall in real incomes in 30 years as inflation gallops ahead of wage growth, a stark illustration of the challenge facing central banks as they try to tame prices without snuffing out recoveries from the pandemic.

14.02 / 13:25

Law Police Taxes fraud case Tax Authority UK tax authority makes first NFT seizure in VAT fraud case

HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, have seized three nonfungible tokens (NFTs) associated with a suspected tax evasion fraud.

14.02 / 11:23

Citi Jefferies’ bumper UK fees finally vindicate Hoare Govett purchase

Some corporate deals take a while to prove their worth — in the case of Jefferies’ acquisition of venerable City broker Hoare Govett, about 10 years.

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