Reeves unveils new crypto rules as she promises to back UK fintech April 29, 2025 Chancellor Rachel Reeves pledged to back UK fintech as she unveiled new crypto rules during a landmark address to industry executives on Tuesday. Speaking at Innovate Finance’s 11th global fintech summit, Reeves pledged to support growth and consumers through new “clear” outlines for digital assets. The fresh crypto legislation follows on from the Treasury’s launch [...]
Bank of England ‘killing’ UK stablecoin ambitions, body warns April 29, 2025 The Bank of England risks “killing” London’s potential to become a global hub for stablecoins with its “prescriptive” rules, an industry body has warned, as it called for the rapid creation of a regulatory regime to support use of the digital assets. London’s dominance of the foreign exchange market, in which it accounts for as [...]
Revolut profit tops £1bn as UK fintech’s rapid growth continues April 24, 2025 Revolut more than doubled its profit before tax in the 2024 financial year, in what was a year of rapid growth for the UK fintech industry. The fintech darling boosted pre-tax profit growth of 149 per cent to £1bn, up from £438m in 2023. The British firm’s revenue surged 72 per cent to £3.1bn. As [...]
Could Trump’s tariff war turn crypto into a safe-haven asset? April 11, 2025 As trade tensions reignite under Trump’s wavering tariff announcements, global markets are once again bracing for volatility. The US President’s announcement of his ‘reciprocal’ tariffs last week triggered market chaos. His surprise move, expanding and intensifying tariffs on a wide range of imports, shook equities, manufacturing and commodities alike. But in the world of crypto [...]
Bitcoin plummets as chaos of Trump’s tariffs spread to crypto April 7, 2025 The chaos of Trump's tariffs has spread across Bitcoin and the cryptocurrency market, with digital assets taking a hit.
Is real-life Severance here? Inside the offices microchipping employees April 4, 2025 Is real life Severance already here? Anna Moloney talks to the companies using human microchips in the pursuit of productivity.
Why the 2026 World Cup could help the USL to relegate MLS April 3, 2025 The United Soccer League is challenging MLS for US supremacy. If the 2026 World Cup is a hit, the USL’s pro-rel gamble may just pay off, says Ed Warner. Qualifying is well under way for the 2026 World Cup. Four countries have already booked their places to add to the trio of North American hosts. [...]
Aston Villa’s non-dom owner leaves UK for Italy April 2, 2025 The billionaire co-owner of Aston Villa football club has become the latest wealthy foreigner to leave the UK in response to the government’s decision to abolish the non-dom regime. According to registry filings, Nassef Sawiris, Egypt’s richest man, is now a resident of Italy. He previously lived in the UK and claimed the country’s generous [...]
What links Elon Musk, Manchester City and a Chinese crypto tycoon? March 29, 2025 What links Elon Musk with Manchester City and one of China’s biggest crypto tycoons? The answer is an English fitness tech company which counts British tennis star Cameron Norrie among its shareholders and, over the next few days, will be boldly going where no man or woman has gone before. Surrey-based Hytro is the company, [...]
New tax rules set to hit crypto in 2025 March 28, 2025 As the UK tightens the screws on cryptocurrency taxation, investors and policymakers find themselves at odds over the future of digital finance. From April, around 12 per cent of UK crypto holders could face a hefty 24 per cent capital gains tax (CGT) rate – part of a broader tax squeeze that some argue is [...]