Binance’s FCA snub could be just the beginning of a clampdown on crypto exchanges June 29, 2021 The FCA’s hard-line approach with Binance Markets is a clear signal that regulatory bodies are preparing to put cryptocurrency exchanges under their microscope, warn lawyers.
Telly takeover: Bumper night for ITV as viewers flock to Euros and Love Island June 29, 2021 Many Brits were left with a telly dilemma last night after the return of hit dating show Love Island clashed with an epic Euros showdown between France and Switzerland. But while fans were forced to take their pick of the drama, the real winner of the night was ITV, which screened both events. The broadcaster [...]
Thousands of businesses to again pay property tax as business rates holiday ends June 29, 2021 Thousands of businesses will soon again face paying property taxes, as the business rates holiday comes to an end later this week. Last April the government paused business rates for the hardest hit retail, leisure and hospitality companies. Some 394,601 businesses benefitted from the rates holiday, which saved them around £13.8bn. But from 1 July, [...]
Jaguar Land Rover to stop Defender production due to chip shortfall June 29, 2021 Jaguar Land Rover (JLR) has been forced to pause production of its Defender 4×4 due to the ongoing global shortage of semi-conductor chips. The firm has been forced to slow down output at its factory at Nitra in Slovakia, where it makes the popular model, as a result of the shortfall,. It was scheduled to [...]
The metaverse delivers a massively transformative purpose June 29, 2021 Dr Chris Kacher explains how the metaverse delivers a massively transformative purpose for all.
Steel industry to write off up to $70bn in assets if it keeps betting on coal, report says June 29, 2021 As the world gears up towards net zero, the global steel industry may have to write off up to $70bn in assets, a report has cautioned. The report by think tank Global Energy Monitor (GEM) warned the lofty figure is due to the industry continuing to build new blast furnaces using coal that will become [...]
NatWest limits transfers to Binance and other crypto exchanges June 29, 2021 Concerns over investment scams and fraud has prompted NatWest to cap the daily amount customers can transfer to cryptocurrency exchanges, including Binance. The measure is intended to target several exchanges and digital asset firms. The maximum threshold differs depending on the platform and is around the thousands of pounds, NatWest said. The news was first reported [...]
Sajid Javid’s sensible instincts to stop lockdowns must stay firm against the pessimists of Sage June 29, 2021 So farewell then, Matt Hancock, as Private Eye’s fictitious poet in residence, EJ Thribb, would have put it. The former Health Secretary seemed to relish relaying the doom laden projections of the epidemiologists’ worst case scenarios throughout the pandemic. There will be many within the Conservative back-benches who will welcome him into their ranks only [...]
‘Sausage war’ truce imminent as grace period extension to be announced ‘soon’ June 29, 2021 A truce in the so-called “sausage war” between the UK and EU is imminent, with a three-month extension to the current grace period expected to be announced soon. The two sides have clashed in recent weeks over the EU’s upcoming ban of chilled meats, like sausages and minced beef, crossing from Great Britain to Northern [...]
Auto industry calls for battery gigafactory push ahead of Nissan announcement June 29, 2021 The UK auto industry has today called for the government to invest in a string of battery gigafactories or risk tens of thousands of job losses. The calls come amid reports that car giant Nissan will this week lay out plans to build such a plant in Sunderland, in what would be a huge vote [...]
