UK fintech investment hits £27.5bn, a sevenfold increase in just twelve months February 7, 2022 UK fintech investment topped $37.3bn (£27.5bn) in 2021, a sevenfold increase compared to 2020, as dealmaking activity soared.
Is confidence returning to the cryptocurrency markets? February 7, 2022 The price of Bitcoin is currently around $42,500 - up two per cent since yesterday morning and 14 per cent since this time last week.
The City thrives on predictability as well as agility and we must protect this post-Brexit February 7, 2022 This week marks a pivotal moment for financial services in post-Brexit Britain. More than two years since the UK formally left the EU, the completion of the Future Regulatory Framework Review consultation on Wednesday will herald long expected changes to the financial service sector framework. The UK’s regulatory regime is widely regarded as one of the [...]
Student work app Stint delivers Pizza Express nationwide deal February 7, 2022 Student work app Stint has inked a nationwide partnership with Pizza Express. The app connects students with hospitality venues in need of more hands on deck for a few hours. The partnership follows a trial in London and Edinburgh. More than 120 Pizza Express restaurants will partner with the app, which claims to offer hospitality [...]
New campaign champions £11tn UK asset management industry February 7, 2022 The City of London Corporation is working with the government on a campaign promoting the UK as a leading global investment management centre.
UK draws up plans for £6bn science programme if EU blocks entry to Horizon February 6, 2022 The UK will spend £6bn over the next three years on a new science fund if the EU continues to shut out Britain from the Horizon Europe research programme. Brussels agreed to let the UK join the seven-year €95bn (£80.4bn) Horizon programme post-Brexit, however its entry has been blocked in the wake of a row [...]
Exclusive: As ‘hawkish’ Liz Truss threatens Putin with sanctions, questions emerge about UK’s enforcement agency February 6, 2022 As the West, led by President Biden, threatens Russia with far-reaching sanctions in case Putin does order an invasion of Ukraine, questions are raised about the UK’s sanctions enforcement agency. As it turns out, it has only handed out six fines in the last six years. In fact, the six fines by the agency, OFSI, [...]
Scandal-hit Johnson remains ‘very positive’ despite nine votes of no confidence February 5, 2022 Culture secretary Nadine Dorries has suggested those who are against the prime minister are ‘Remainers’ and that scandal-hit Johnson remains “very positive”. It comes as a ninth Tory MP, Nick Gibb, handed in a letter of no confidence in the prime minister to the 19922 Committee last night, after MP Aaron Bell confirmed he had [...]
Yet another Tory MP submits a letter of no confidence in Boris Johnson February 4, 2022 Yet another Tory MP has handed in a letter of no confidence in prime minister Boris Johnson, confirming reports late last month. The latest submittal brings the total number of letters from within Johnson’s own party to eight. Aaron Bell, MP for Newcastle-under-Lyme cited the so-called partygate allegations and Johnson’s handling of the debacle as [...]
Court attempts to end Brexit chaos in Northern Ireland by ordering immediate end to end of food checks February 4, 2022 The High Court intervened in the ongoing Brexit chaos in Northern Ireland this afternoon after a judge issued an interim order suspending a decision by Agriculture Minister Edwin Poots to direct a stop to Brexit agri-food checks at Northern Ireland ports. Mr Justice Colton said he was making the temporary direction until a judicial review [...]