United Kingdom Financial News

21.10 / 09:43

Climate change Prime Minister Evacuations Ukrainian forces inch closer to Kherson as Moscow resumes evacuations

Russian and Ukrainian troops are preparing for a major battle over the strategic southern industrial port city of Kherson, the centre of one of four regions Russian President Vladimir Putin has illegally annexed and subjected to martial law.

20.10 / 21:17

Prime Minister Liz Truss lasted just 45 days — who are Europe’s other short-term leaders?

British Prime Minister Liz Truss has resigned after just 45 days on the job. She only formally took over from Boris Johnson on 6 September, but after a premiership of chaotic policy decisions, freefalling economic indicators, media gaffes and high-profile resignations — not to mention opinion polls which saw her Conservative Party slump while the opposition Labour Party surged — Truss called it quits.

20.10 / 20:11

markets Bitcoin Bitcoin Price Bitcoin faces tough daily resistance as BTC price matches UK pound volatility

Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on.

20.10 / 18:55

Prime Minister 'Move forward': European leaders react to UK PM Liz Truss’s resignation

Liz Truss has resigned as UK prime minister after a mere 45 days in office, making her the shortest-serving leader in British history.

20.10 / 16:09

Europe's energy crisis European Commission Watch: Liz Truss resigns as UK prime minister

After just 45 days in office, Liz Truss has resigned as UK prime minister.

20.10 / 16:09

Europe's energy crisis European Commission debate EU Council live: Leaders debate emergency measures for energy crisis

EU heads of state and government are meeting in Brussels on Thursday to try to reach a consensus on how to curb high energy prices and make sure Europeans can weather the economic storm ahead.

20.10 / 12:35

Cinema Europe's energy crisis Silvio Berlusconi: Polish MEP urges former Italian premier to send vodka back to Putin

Silvio Berlusconi should send any vodka he received as a gift back to Russian President Vladimir Putin, the head of the Polish European People's Party delegation warned on Wednesday.

20.10 / 10:35

Cinema Europe's energy crisis Ukraine war: Kyiv orders electricity curbs and warns of blackouts after Russian attacks

The Ukrainian government placed restrictions on electricity usage nationwide on Thursday, for the first time since Russia's invasion following a barrage of attacks on power plants just before the winter sets in.

20.10 / 08:03

Cinema Europe's energy crisis MPs Liz Truss' government in meltdown as top minister quits and Tory MPs squabble in parliament

Britain's interior minister quit on Wednesday with a broadside at Liz Truss before her lawmakers openly quarrelled in parliament, underscoring the erosion of the prime minister's authority after just weeks in the job.

20.10 / 03:05

Ethereum Before ETH drops further, set some money aside for surprise taxes

Ethereum’s Merge dominated the crypto world in September with promises of quicker transaction times, improved security and a 99% reduction in energy consumption. However, will you end up with a surprise tax bill too? Let’s examine.

19.10 / 23:59

Cinema Europe's energy crisis Iran sanctions UK in tit-for-tat exchange over death of Mahsa Amini

Iran blacklisted several UK organisations and individuals on Wednesday, days after London slapped sanctions on Tehran in a tit-for-tat exchange.

19.10 / 19:19

Social Media Hungary comparing EU sanctions on Russia to bombs is 'inappropriate', says EU Commission

The European Commission denounced Hungary's poster campaign comparing EU sanctions on Russia to bombs as "inappropriate" on Wednesday.

19.10 / 19:15

business inflation Bank of England UK inflation rate hits 10.1%, British Bitcoin community responds

Prices in the United Kingdom continue to rise, hitting another 40-year high of 10.1%. According to figures from the U.K’s Office for National Statistics, the Consumer Prices Index (CPI) rose by 10.1% in the 12 months to September 2022, up from 9.9% in August. The 10.1% figure mirrors July’s recent high.

19.10 / 18:39

European Union rights MEPs award Ukraine's 'brave people' and President Zelenskyy with top human rights prize

The "brave people" of Ukraine defending their country against Russia's relentless invasion have been awarded the Sakharov Prize for Freedom of Thought, the European Union's highest tribute to human rights defenders.

19.10 / 18:01

Law Adoption regulation UK Law Commission expects 'substantial impact' from digital asset law review

The Law Commission of England and Wales hopes to establish the United Kingdom as a leading jurisdiction for grappling with legal disputes involving emerging technologies like cryptocurrencies, digital assets and electronic documentation.

19.10 / 10:29

Energy Support Finland's PM Sanna Marin signals growing cross-party support for Russia border fence

Finnish prime minister Sanna Marin said Tuesday there is growing cross-party support to build a fence on the Nordic country’s border with Russia as proposed by the Finnish border guard officials.

18.10 / 18:03

Blockchain Law regulation International UK Law Commission to review international laws on crypto to consider legal reforms

The Law Commission of England and Wales will set about reviewing private international legal challenges involving cryptocurrencies through a government-commissioned project.

18.10 / 17:57

European Union Arne Schönbohm: German cybersecurity chief sacked over alleged ties with Russia

The head of Germany's national cybersecurity agency has been dismissed following reports of possible ties to Russian intelligence.

18.10 / 17:57

European Union Elnaz Rekabi: Concerns grow for female climber from Iran who competed without hijab

Concerns are growing for a female Iranian athlete, who took part in a climbing competition in South Korea without wearing her nation's mandatory headscarf covering.

18.10 / 10:35

European Union Protests European Commission Power Nuclear power Energy crisis: Germany's Scholz extends nuclear power plants' lifespan in 'snub' to Greens

German Chancellor Olaf Scholz has said he will extend the operation of Germany's last three nuclear power plants, in what's been described as a snub to the Greens in his coalition government.

18.10 / 10:35

European Union Protests European Commission mistakes Liz Truss admits budget mistakes and apologises after Jeremy Hunt announces mini-budget U-turn

The UK's prime minister apologised as she admitted her government had made mistakes over the mini-budget last month that spooked the financial markets.

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