The ship’s taking on water, but Bitcoin could be the lifeboat we all need February 4, 2022 Jason Deane rounds up the crypto week, but has stark warnings over what lies ahead for UK wages.
Nine-in-ten Brits don’t want financial services regulations to promote ‘global competitiveness’ February 4, 2022 Nine-in-ten Brits do not think the government should change financial services regulations to promote “international competitiveness” post-Brexit, according to a new survey. An Opinium survey – commissioned by an alliance of 37 charities and public interest groups – found 91 per cent of Brits would prefer the government to “focus on the future stability of [...]
Disbelief and outrage across EU as UK says it won’t do anything to stop end to Brexit food checks February 3, 2022 European media responded with shock and disbelief this morning after a minister in Northern Ireland ordered to end checks on food in his country and the UK declared it won’t do anything about it. Moreover, Northern Ireland First Minister Paul Givan is expected to announce his resignation by the end of the week, potentially later [...]
Northern Ireland first minister Paul Givan resigns February 3, 2022 Northern Ireland first minister Paul Givan has resigned in opposition to the post-Brexit Northern Ireland Protocol. Givan’s departure will also mean that Sinn Féin leader Michelle O’Neill will lose her position as deputy first minister as a part of the rules surrounding Northern Ireland’s power sharing agreement. It comes after environment minister Edwin Poots told [...]
Pubs face inflationary costs of over 10 per cent as bosses call for tax relief February 3, 2022 Pubs are facing inflationary business costs of more than 10 per cent as publicans battle spiralling energy and labour costs. More than two in three pubs told an industry survey they were facing such substantial cost increases. Venues are facing skyrocketing energy bills while a labour crunch has seen wages of bartenders and chefs leap [...]
Boris Johnson blindsided by DUP suspension of Northern Ireland Protocol checks February 3, 2022 Boris Johnson was blindsided by a move from the Democratic Unionist Party (DUP) to tell officials to stop border checks that are a part of the post-Brexit Northern Ireland Protocol, Number 10 has revealed. Johnson’s official spokesman today said Downing Street was not warned by DUP agriculture minister Edwin Poots that he was going to [...]
Biden: US has taken ISIS leader “off the battlefield” in special forces operation February 3, 2022 US President Joe Biden has said American military forces have “taken off the battlefield” the leader of ISIS. Abu Ibrahim-al Hashimi al-Qurayshi was targeted in an operation in northwest Syria. “All Americans have returned safely from the operation. I will deliver remarks to the American people later this morning. May God protect our troops,” the [...]
Sunak unveils £9bn package to slash £350 off energy bills this year February 3, 2022 The “vast majority” of households will get government help on their energy bills to the tune of £350 to partially offset soaring prices as a part of a £9bn package announced by Rishi Sunak today. The announcement comes as Ofgem today announced an increase in the energy price cap from April, which will mean the [...]
UK crypto industry balks at new tax rules for decentralized finance February 3, 2022 The UK's crypto industry is up in arms over new tax rules issued by HMRC on lending and staking assets on decentralized finance platforms.
Crypto markets drop as Facebook earnings threaten wider market recovery February 3, 2022 The price of Bitcoin is currently down by more than three per cent since yesterday morning to around $37,000.