Britain Financial News

UK broadcaster BBC has decided to cancel a documentary and an accompanying article on crypto trader Hanad Hassan following the emergence of allegations suggesting the Birmingham resident could be running a scam.

Deutsche Bank is making a renewed push into corporate broking as part of a broader expansion of its UK investment bank after a flurry of dealmaker hires.

EY UK’s top earning partner took home £4.1m last year, the Big Four audit firm’s annual accounts reveal.

The UK’s crypto industry has banded together with a cross-party group of MPs to raise concerns over how authorities plan to tax decentralised finance platforms.

Some of the UK’s top banks have been contacted by the Financial Conduct Authority to make sure they are prepared for a potential cyber attack as tensions between Russia and Ukraine escalate.

WikiLeaks founder Julian Assange's legal defence saw bids reach more than $50 million on Wednesday. Assange is battling extradition from Britain to the United States where the authorities want him to face trial on 18 criminal charges including breaking a spying law, after WikiLeaks began to publish thousands of secret classified files and diplomatic cables in 2010. Last month, Assange, who remains in a London prison, was given the chance to challenge approval of his extradition at Britain's highest court. The Supreme Court will now decide whether or not to hear his case.

Private equity bosses are not best known for giving themselves time off work, but that hasn’t stopped them taking a lively interest in the UK’s holiday market.

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

Diplomatic moves to ease tensions over Ukraine are scheduled to intensify on Thursday -- but so too are military manoeuvres on both sides amid the biggest security crisis between Russia and the West since the Cold War.

Addleshaw Goddard is set to merge with Dublin law firm Eugene F Collins in a move to give the UK firm a base in Ireland post-Brexit.

Julian Assange collaborated with a crypto artist known as Pak to sell a collection of NFTs.

However, the idea has received significant pushback, most recently from a committee of peers in the House of Lords, which last month concluded that there is no convincing case for the digital pound.Project New Era, an initiative led by The Payments Association, paywith.glass and other private industry stakeholders, and supported by Boston Consulting Group, is looking to advance the conversation with its Green Paper, which will be followed by real-world pilots looking into design questions and how to mitigate risks.The project is putting together a private consortium to carry out the pilots using dSterling, a digital settlement asset similar to a CBDC. The focus will be on testing use cases, including retail payments, cross-border transactions Tokenisation-as-a-Service, and how to service Payment Institutions and Electronic Money Issuers.The project then plans to share their data and feedback with central banks and policymakers.Tony Craddock, director general, The Payments Association, says: “The widespread adoption of CBDCs could be as important to the 21st century as the end of the gold standard was to the 20th.

Some of the UK's top banks have been contacted by the Financial Conduct Authority to make sure they are prepared for a potential cyber attack as tensions between Russia and Ukraine escalate.

Large firms and organisations representing the UK’s financial services sector are balking at the proposed scope of regulator responsibility under plans to shift the landscape following the UK's split from the European Union.

A law requiring people with COVID to isolate could be scrapped in England by the end of February, Boris Johnson has announced.

The "only detectable impact" of Brexit on British businesses so far is "increased costs, paperwork and border delays", says the chair of a prominent parliamentary committee.

Following an exponential climb in capacity over 2022, the Bitcoin (BTC) Lightning Network made a lackluster start to the new year. According to a report by Arcane Research, growth in the Lightning Network capacity, or the number of BTC locked up in channels, has stuttered. 

Data collected from Russian authorities showed that the country could earn 1 trillion rubles ($13 billion) each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.

Standard Chartered has launched another apprenticeship with no need for academic qualifications in a bid to bolster the number of recruits from lower socio-economic backgrounds in highly-competitive front office jobs.

Deutsche Bank is making a renewed push into corporate broking as part of a broader expansion of its UK investment bank after a flurry of dealmaker hires.

Ever since their inception, cryptocurrencies have railed against government interference and regulation. But Ripple wants governments to step in.