Britain Financial News

08.10 / 19:19
markets Digital Strategy Election Experts PAM RBI grants white-label ATM licence to Mumbai-based EPS
RBI) has granted a white-label ATM licence to Electronic Payment and Services (EPS), creating a pitch for faster expansion of the ATM network to support the cash economy. The award of the licence comes after a gap of a decade.
08.10 / 14:31
SPY politician Investigations International Russia pays criminals to sow ‘mayhem’ in Europe, warns UK spy chief
Subscribe to enjoy similar stories. LONDON—The Kremlin’s spy services are on a “sustained mission to generate mayhem" on Europe’s streets, the head of the U.K. domestic spy agency warned Tuesday, saying that the number of investigations into state-orchestrated threats his agency is handling has jumped by nearly half in the past year.
08.10 / 10:53
markets UPS Provident Digital Trade cover Assetera and Archax Team up to Distribute Tokenized Assets in Europe
Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.
08.10 / 10:53
UPS Savvides takes over £1bn smaller mandate from Whitmore as investors flee funds
Back in January this year, it was revealed that Ben Whitmore would be leaving Jupiter Asset Management after 18 years to set up his own value boutique firm. On the same day (9 January), JO Hambro said the manager of its UK Dynamic fund, Alex Savvides, would be leaving the firm to take over Whitmore's UK Special Situations portfolio. While both managers have made their names within the special situations and value space, the decline in assets under management of both funds since the managers' moves were announced appears to reflect that clients have not been sold on the new set up. ...
08.10 / 08:40
Compilation security BBC reports Features Courts South Korea Military Secrets for Crypto Probe Unearths 29 Security Breaches
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
08.10 / 08:39
Provident BBC President Bitcoin reports Features Russian Energy Ministry Wants to Cut Crypto Miners’ Power During Energy Shortages
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
08.10 / 08:39
UPS Provident Platform security reports prevention Features Revolut’s Fraud Measures Save Customers $13.5M in Crypto Losses
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
08.10 / 08:31
markets Digital Election Trade Bitcoin track country Cryptoverse: Bored bitcoin seeks direction after big bang
Bitcoin has been distinctly listless in the past three months after starting the year with a bang.
08.10 / 08:07
Food UK retail sales record strongest growth in six months as clothing purchases surge
The 2% year-on-year rise, which followed a 1% increase in August, was above the three-month average growth of 1.2% and the 12-month average growth of 1.1%. Food sales increased 3.1% year-on-year over the three months to September. Non-food sales fell 0.3% over the same period, which the BRC said was better than expected.  UK consumer confidence falls sharply ahead of Autumn Budget BRC chief executive Helen Dickinson said shoppers aimed to refresh their wardrobes with coats, boots, and knitwear as autumn rolled around, alongside a last-minute surge in purchases of computers and clot...
08.10 / 08:07
Digital CEO reports Department Barclays appoints ex-Coutts asset management chief as head of UK wealth and private bank
Subject to regulatory approval, Syed will be responsible for leading the UK private bank, wealth management, digital investing and crown dependencies.  He will report to Sasha Wiggins, who was named CEO of private bank and wealth management at Barclays in February this year, and be given the remit of growing the business.  Barclays names private bank and wealth management CEO Syed was previously the CEO of asset management at Coutts and NatWest, having served as interim CEO at the private bank until the end of June this year. He departed the firm in August after more than 12 years....
07.10 / 20:05
markets Digital Platform Netflix Food film Universities The Platform 3: Has Netflix renewed the show for another installment?
Netflix, viewers are left wondering if a third installment is on the horizon. Directed by Galder Gaztelu-Urrutia, The Platform franchise has impressed with its dark dystopian themes and haunting depiction of a brutal prison system.
07.10 / 20:05
markets Digital Celebrity stars reports shock Who were the A-listers at Sean Diddy Combs' white parties? Some names are out
New York post reported that Adria Sheri English made shocking claims that she was hugely pressurized in to explicit sexual encounters with guests of Sean Diddy Combs during the white parties which were being constantly recorded without her consent owing to future blackmail purposes. On the other hand, the adult star also claimed that the white parties used to take place in manipulative environments where most of the celebrity attendees did not even knew that what is happening in Sean Diddy Combs’s parties. Also Read :Kamala Harris to increase media presence with less than a month to US elections; is it too late?
07.10 / 20:05
markets Citi Digital Strategy Schools Arsenal A win-win situation: Manchester City claim partial win over Premier League on APT rules
Manchester City claimed a partial victory over the Premier League on Monday after an arbitration panel ruled on sponsorship deals, known as Associated Party Transactions (APT), that the Abu Dhabi-owned club was blocked from completing. The Premier League put its own spin on what some commentators saw as a landmark verdict, saying the panel's redacted 175-page document endorsed the overall objectives and decision-making of the APT system. The panel found parts of the league's APT rules broke British competition law, however, and were also unlawful because clubs were unable to comment on types of data the league would take into account.
07.10 / 17:59
Gap security Football audience reports Features Sporting Premier League Crypto Sponsorships Soar to £130M in 2024
Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...
07.10 / 15:40
Blockchain Waves Software BBC Department Features Investigations South Korean Prosecutors ‘Unveil Plans to Infiltrate Crypto-powered Drug Gangs’
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
07.10 / 15:40
Ethereum Provident Digital PwC Bitcoin cover Updates UAE Brings Crypto in Line with Traditional Finance by Exempting VAT
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
07.10 / 15:23
Strategy reports International Royal London AM promotes head of wholesale Phil Reid to sales boss
Reid, who joined RLAM in 2016 following a decade at HSBC Global Asset Management, will oversee both wholesale and institutional sales.  Reporting into chief client officer Ed Venner, he will be responsible for driving the firm's sales, strategy and delivery in the UK and internationally.  Royal London AM net inflows fall in H1 2024 as outflows in global equities mount «We are ambitious to build on our successes, looking at continued growth in both wholesale and institutional channels, in the UK and internationally,» said Venner.     «We believe our value proposition to clients i...
07.10 / 15:23
CEO Pool reports UK wage growth drops to a three-and-a-half year low as job vacancies decline
Figures in the KPMG and REC UK Report on Jobs survey marked the lowest increase in permanent salaries since February 2021, as a higher number of job candidates and contracted demand for workforce pulled the brakes on pay growth. KPMG group CEO Jon Holt said the fall in salary inflation came on the back of «the overall pool of available candidates [growing] as companies are still faced with tough decisions on their headcounts». Bank of England chief economist Huw Pill cautions against cutting rates 'too far or too fast' «The Bank of England will likely be encouraged by this easing i...
07.10 / 15:23
Election performer Updates abrdn updates language and process on trio of ethical funds with SDR in mind
According to a letter sent to shareholders of the abrdn UK Ethical Equity, Europe ex UK Ethical Equity and Ethical Corporate Bond funds on the 27 September, all three portfolios will have its performance threshold removed. Aegon AM's Miranda Beacham: FCA should create SDR label for ethical funds Moreover, the UK Ethical Equity fund will have the addition of the overseas investment allowance and all three with have «additional disclosures» added. In the letter, abrdn said it had elected to make the changes after its most recent portfolio review, which included considerations around ...

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