Reform pledges £50bn savings in ‘generational’ benefits shake-up Politics Reform UK has pledged the biggest benefits overhaul “in a generation,” unveiling plans to cut £50bn per year from the welfare bill. Robert Jenrick, the party’s treasury spokesman, said the proposals would see nearly 3m people have their disability and sickness payments withdrawn or modified. Jenrick claimed the UK’s existing welfare state is driven by [...]
Nigel Farage wins in Clacton – and triggers investigation Politics Nigel Farage’s re-election has triggered a parliamentary investigation into his financial affairs after he swept to victory in the Clacton by-election. The Reform UK leader won with over 11,000 more votes than the novelty candidate Count Binface, who was the main opposition after every other major party refused to take part in the poll. The [...]
Robinhood offers crypto asset tied to FCA warning list Crypto Robinhood is offering a crypto asset to UK retail customers whose native platform appears on the financial watchdog’s warning list. The fintech has granted customers access to more than 50 cryptocurrencies this week on its app, including Hyperliquid ($HYPE). But the original platform, also known as Hyperliquid, and its governing body the Hyper Foundation are [...]
Naser Taher, Chairman and Founder of MultiBank Group, Honored by H.H. Sheikh Nahyan bin Mubarak Al Nahyan with the Golden Excellence Award for FinTech, Digital Asset and Blockchain Excellence August 6, 2026 The recognition honors Naser Taher and MultiBank Group for its revolutionary advances in regulated digital assets, blockchain, and real-world asset tokenization
Perpetuals Reports 380% Hypothetical Return in Backtest of AI Engine Powering Risk-Free Trading Platform ‘UpsideOnly’ August 6, 2026 Results provide early evidence that BayesShield can identify potentially profitable trading signals by finding repeatable skill in trader activity 375-day backtest using Perpetuals’s production code generated a hypothetical 380% non-compounded return, a period in which Bitcoin fell 40.2% The strategy achieved a return-to-drawdown ratio of 4.4, a measure comparing its overall return with the largest decline it experienced during the test
Reform’s Richard Tice under parliamentary investigation August 3, 2026 Reform UK deputy leader Richard Tice is facing a probe from the parliamentary standards watchdog for failing to declare an interest in a debate. Daniel Greenberg, the parliamentary standards commissioner, confirmed a probe was opened on the 28th July but did not share further details about the scope of the investigation. Tice claimed it relates [...]
FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss August 1, 2026 The financial watchdog’s clampdown on digital assets will remove bad actors and attract more customers, The UK boss of one of the world’s largest crypto platforms has said. Keith Grose, UK chief executive of Coinbase, said the rules outlined by the Financial Conduct Authority (FCA) earlier this month will “wipe out” firms who do not [...]
LSEG boss hails ‘growing momentum’ of Pisces as profit soars July 30, 2026 The boss of London Stock Exchange operator LSEG has hailed the “growing momentum” of its new Pisces venue as it reported a jump in profit. Chief executive David Schwimmer said the new private markets venue, which recently saw some of its first major transactions, was “opening up significant new market opportunities.” Earlier this month, autonomous [...]
Cristiano Ronaldo on Mars: Where will sport take us in the next five years? July 30, 2026 Tech disruption, athlete power and new formats: sport has changed dramatically since Ed Warner started writing weekly about the industry in 2021. This column – based on my weekly newsletter, Sport Inc. – has just reached its fifth anniversary. The book of the same name is three years older. In this short span of time, [...]
Nexo Reaffirms EU Compliance July 28, 2026 The digital assets wealth platform announces sustained operations across the European Economic Area in the MiCA era