UK Finance Financial News

12.10 / 19:54

Citizens CEO Chase awards prevention UK Finance Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements

Britain’s financial regulator has fined the American former chief executive of Barclays, Jes Staley, 1.8 million pounds — about $2.2 million — and banned him from holding senior financial roles for misleading it over the nature of his relationship with...

04.10 / 10:17

UPS Reuters Browser country information recommendations UK Finance UK finance minister Hunt freezes civil service expansion

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03.09 / 11:57

Target MET FIVE track country UK Finance UK finance minister Hunt says inflation is on track to come down

LONDON (Reuters) -British finance minister Jeremy Hunt said on Saturday inflation was on track to halve by the end of 2023, vowing to focus on the goal as he laid out his priorities ahead of the reopening of parliament after the summer break.

23.07 / 23:43

Citi IPO boost UK Finance City grandees: Flurry of reforms will boost UK finance after years of ‘distractions’

A raft of reforms rolled out to aid the financial sector in recent weeks will increase the City’s competitiveness “at pace” after years of “distractions”, according to leading lawyers and regulatory experts.

06.07 / 10:09

Blockchain Digital Future UK Finance UK Finance baulks at proposed £20,000 upper limit for future Britcoin

In a technical paper issued for consultation in February, the Bank of England set out limits on individual holdings to prevent a run on commercial banks and dismissed blockchain as a viable technological option. "We judge that a limit of between £10,000 and £20,000 per individual is likely to strike an appropriate balance between managing risks and supporting wide usability of the digital pound," states the paper.

16.05 / 08:19

Fighting UK Finance tax breaks UK Finance urges clawback on tax breaks if firms ditch London IPO

The government should look at financial penalties if firms decide to list outside of the UK, an influential trade body has argued, in one of the strongest proposals yet in the fight to keep IPOs in the City.

17.10 / 13:29

UK Finance Watch live: UK Finance Minister Jeremy Hunt delivers emergency policy statement

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17.10 / 12:11

Culture poverty UK Finance Truss in peril: UK finance minister acts to calm markets as clamour grows for PM to quit

Britain's new finance minister will announce fresh tax and spending measures on Monday morning — two weeks earlier than scheduled — in a bid to quell turbulent markets, the government says.

14.10 / 15:02

business NATO reports UK Finance UK finance minister Kwasi Kwarteng to be sacked, according to media reports

The UK is set for its fourth finance minister in as many months amid media reports that incumbent Kwasi Kwarteng will be sacked on Friday.

23.03 / 15:33

COST Sunak UK Finance Watch UK Finance Minister Rishi Sunak's budget announcement

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17.12 / 16:09

Provident Digital VISA businesses UK Finance 34% of UK finance businesses now making crypto payments - Mercuryo

“We’re seeing increased levels of demand from customers looking for providers that can offer them both fiat and crypto services,” comments Petr Kozyokov, co-Founder and chief business development officer, Mercuryo.

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