City watchdog targets London crypto traders in latest clampdown Crypto The City watchdog has targeted three London premises suspected of illegal peer-to-peer crypto trading as it increases its scrutiny of digital assets. In a joint operation with HMRC and the Metropolitan Police, the Financial Conduct Authority (FCA) said on Thursday it had issued three cease-and-desist letters to individuals trading through UK businesses, ordering them to [...]
Summer of sorrow: Property sector bears brunt of August administration spike Business Nearly 2,000 businesses went into insolvency in August as economic pressures and ongoing geopolitical tensions weighed on British firms. According to new figures the Insolvency Service released on Friday, 1,946 firms went into insolvency in England and Wales in August, flat compared to July and down from 2,007 in August 2025. The data showed that [...]
Tribunal thumbs up £260m legal settlement against Google Lawsuit A UK specialist court has greenlit a £260m settlement in a class action against Google’s parent company, Alphabet, following an agreement last week. The settlement is the largest payout for class members the Competition Appeal Tribunal (CAT) has ever approved, though it is significantly lower than the £1.04bn the claim was estimated to be worth [...]
Burnham considers giving mayors ‘control over water companies’ September 16, 2026 Prime Minister Andy Burnham plans to create nine regional bodies led by mayors that could bring water companies under public control. Under the proposals, regional leaders would sit on boards alongside public health officials, customers and environmental campaigners. Alongside setting company objectives, it is understood the boards will collect customer feedback through consultation mechanisms modelled [...]
Unions at loggerheads over party funding cap after blockbuster Reform donation September 16, 2026 Trade unions have taken aim at “stratospheric” donations and the flow of “dark money into UK politics” after Reform revealed it had pocketed a staggering £72m from just two supporters. The Trade Union Congress (TUC), which groups together some of the largest British unions, stopped short of calling for an outright cap on individual donations [...]
Palantir’s NHS platform expands into GP patient data sharing September 15, 2026 Patient data from five GP surgeries in England is being fed into the NHS’s Palantir-built data platform, pushing the US firm’s reach beyond its initial remit of hospital operations into local surgeries. NHS Cheshire and Merseyside, one of England’s largest Integrated Care Boards (ICBs), is overseeing the move onto Palantir’s Federated Data Platform (FDP). An [...]
Sorry Elon, universal basic income won’t solve the AI jobs apocalypse August 28, 2026 Traditionally left-wing economists, universal basic income has now found unlikely support in Silicon Valley as AI threatens to wipe out jobs.
