Rishi Sunak News

18.01 / 18:52

cryptocurrency Advertising Bitcoin Financial 'Misleading' crypto adverts in the UK will face stricter rules in financial regulator crackdown

Britain is to crack down on "misleading" advertisements for crypto assets which could harm consumers, the UK Treasury announced on Monday.

18.01 / 14:23

Provident FCA to get new powers to crack down on misleading crypto advertisements

Around 2.3 million people in the UK are now thought to own a cryptoasset with their popularity rising - but research by the FCA suggests that understanding of what crypto actually is is declining, suggesting that some users may not fully understand what they are buying. Chancellor of the Exchequer, Rishi Sunak says: "Cryptoassets can provide exciting new opportunities, offering people new ways to transact and invest - but it’s important that consumers are not being sold products with misleading claims.

16.01 / 13:29

cryptocurrency Twitter Google London Deal week Tech this week: Google plows €875m in UK office deal and North Korean hackers stole €350m in crypto

Tech giant Google has spent €875 million to buy a central London building where it is currently a tenant, showing its confidence in the future of the office as a place to work, the company said on Friday.

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.

10.11 / 17:15

UPS Citi Landmark City blasts Treasury’s ‘dangerous’ efforts to control post-Brexit rules

Politicians could soon be dictating how financial regulation is run in the UK as the government plans to lean on watchdogs in the wake of Brexit, regulatory experts say.

09.11 / 15:31

Citi Sunak Sunak asks UK regulators to keep the City competitive after Brexit

Chancellor Rishi Sunak has tasked the UK's regulators with keeping the country's financial services sector competitive in the wake of Brexit, as the government lays the path to throw out its old EU rulebook.

03.11 / 01:35

Provident UK to force asset managers to publish net-zero transition plans

Asset managers and other financial services firms in the UK will soon be forced to publish details of how they intend to reach net zero carbon emissions, chancellor Rishi Sunak announced.

28.10 / 13:21

COVID-19 Pandemic Support U.K., Canada Lead West in Weaning Economies Off Covid-19 Pandemic Support

LONDON—The U.K. dialed back government stimulus for the fast growing British economy, one of the first big Western economies to step away from the emergency policies put in place to tackle the coronavirus pandemic as concerns over inflation intensify.

27.10 / 17:15

Citi How Rishi Sunak’s 2021 Budget will affect the City of London

Chancellor Rishi Sunak loosened the purse strings somewhat in what was billed as a post-Covid recovery Budget on 27 October.

27.10 / 17:15

COST UPS blast Bank surcharge cut to cost exchequer £1bn as opponents queue up to blast City

Cutting a tax surcharge on bank profits its set to cost the exchequer £1bn by the financial year ending April 2027, according to costings documents published alongside the UK's Budget on 27 October.

27.10 / 16:25

The City’s reaction to Rishi Sunak’s spending review

Chancellor Rishi Sunak laid out plans to slash the surcharge for bankers, to 3% from 8%, while limiting relief for research and development to activities that only take place in the UK.

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