Britain Financial News

29.11 / 16:13

boost Centre Financial London looks to regulators to help boost growth to regain financial centre crown post-Brexit with

London wants to regain the mantle of the world’s busiest financial centre from New York by overhauling how banks and other financial firms are regulated after Brexit.

29.11 / 15:53

COST UPS Waves Racing UK stockbroker AJ Bell takes on fintech rivals with commission-free investing app

LONDON — Wall Street's race to the bottom in stock brokerage fees is coming to the U.K.

29.11 / 14:29

UPS Waves Platform Racing AJ Bell launches commission-free investing app as UK market feels the pressure from the US

AJ Bell has launched a commission free, app-only investment platform, in a fresh sign that the UK market is pivoting more towards its US cousin in a bid to attract retail investors.

29.11 / 12:27

Digital JPMorgan Software Chase Backed valuation A fintech helping banks enter the cloud hits $1 billion valuation in JPMorgan-backed investment

LONDON — British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark.

29.11 / 12:13

regulation coinbase Tax UK ‘New Blow’ as Large Crypto Exchanges Are Told to Pay British Tech Tax

Crypto exchanges operating in the United Kingdom – including the likes of Coinbase – will be forced to pay a recently created tech tax – with the British tax body, HM Revenue and Customs (HMRC), declaring that cryptoassets “are not financial instruments.”

29.11 / 11:48

Citi Financial Brexit clobbers financial exports but an even bigger hit is coming for the City

Back in July 2018, before the UK had even left the EU, leading Brexiteer Jacob Rees-Mogg suggested it could take 50 years to judge whether Brexit has been a success or a failure.

29.11 / 11:47

Citi Brexit pressure group forms to push for UK-EU equivalence as EU bankers demand market access

A pressure group of politicians, trade unionists, business people and journalists has launched to push to fix UK-EU issues post-Brexit — including demanding equivalence for the City of London.

29.11 / 11:33

Climate change European Union Couple arrested in Netherlands after escaping COVID hotel quarantine

A couple was arrested in the Netherlands after escaping hotel quarantine, Dutch police said.

29.11 / 05:19

regulation Taxes services UK digital services tax targets crypto exchanges

A recent update to Her Majesty’s Revenue and Customs (HMRC) regulations has introduced a digital services tax that will be levied on cryptocurrency exchanges operating in the United Kingdom.

29.11 / 02:23

Blockchain Digital Platform coinbase HMRC UK’s HMRC to levy 2% tax on crypto-platforms as they don’t qualify for exemptions

The unprecedented appreciation in cryptocurrency gains over the past year has taken the world by storm. Cryptocurrency exchanges too have seen massive gains due to the crypto-trading boom of 2021. Needless to say, this surge has caught some regulatory attention. Understandably, many governments are now mulling taxing cryptocurrency platforms.

28.11 / 14:11

European Union Smuggling European officials meet in bid to curb migrant smuggling after Channel tragedy

Top European migration officials are holding an emergency meeting on Sunday in the French port of Calais to find ways to better fight migrant smuggling.

28.11 / 12:09

covid variant Variant New COVID variant Omicron prompts fresh travel curbs across the world

Israel on Sunday approved barring entry to foreign nationals as part of its efforts to clamp down on a new coronavirus variant.

27.11 / 14:27

World Health Organization Variant reports Germany reports first suspected case of Omicron COVID-19 variant

A first suspected case of the new Omicron variant has been detected in Germany in a person recently returned from South Africa.

27.11 / 13:55

Two people killed by falling trees as Storm Arwen batters UK

Two men were killed by falling trees as Storm Arwen lashes the northern parts of the UK, bringing gusts of wind reaching up to 160km/h.

26.11 / 19:09

Adoption Africa Bitcoin Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

26.11 / 15:27

Stocks market UBS Trading Places: UBS picks Kelleher as chair, Deutsche Bank nabs two from BNP Paribas

Here's your weekly roundup of the most noteworthy people moves in the UK financial services world.

26.11 / 15:27

UPS Private equity buyout boom hammers corporate bond investors

Leveraged buyouts of companies by private equity firms are sweeping Europe, leaving corporate bond investors exposed to losses.

26.11 / 14:55

Stablecoin Adoption Bitcoin Bitcoin too volatile to be adopted as legal tender, says BoE chief

Bank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin (BTC) as legal tender after President Nayib Bukele announced the launch of Bitcoin City.

26.11 / 10:57

Art French anger after UK PM calls on Paris to 'take back' migrants crossing Channel

Tensions between Paris and London are rising after 27 migrants died off the coast of Calais in the largest tragedy of its kind in the English Channel.

26.11 / 03:21

UPS MET Downing Heavyweight investors head to Downing Street as science and technology funds shoot up agenda

Some of the UK's biggest investors have met with the prime minister and chancellor to discuss how to encourage hundreds of millions of pounds' worth of investment into some of Britain's most innovative companies.

25.11 / 21:23

Government Law regulation UK Law Commission affirms English and Welsh laws apply to smart contracts

The U.K. Law Commission, tasked with monitoring the laws in the United Kingdom and recommending reforms, has said England and Wales do not need statutory law reform for smart legal contracts in the digital asset space.

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