British regulator the Financial Conduct Authority (FCA) launched a wide-ranging consultation on a range of proposed rules for the crypto industry on Tuesday, a day after the government said the industry would be regulated from October 2027. The FCA set...
Britain’s financial regulator is considering a sweeping revamp of capital requirements for specialist trading firms like Citadel Securities, Jane Street and XTX, saying there is a “real opportunity” to make rules more proportionate and boost the UK’s competitiveness. Electronic market-makers...
President Donald Trump sued the BBC on Monday for defamation over edited clips of a speech that made it appear he directed supporters to storm the U.S. Capitol, opening an international front in his fight against media coverage he deems...
Britain must get better prepared to deter the threat of conflict, particularly from Russia, by encouraging people to be willing to fight, increasing industrial weapons capacity and developing skills, the country's military chief said on Monday. Air Chief Marshal Richard...
The Bank of England looks set for a knife-edge vote on interest rates this week with Governor Andrew Bailey expected to change his view and tip the balance for a cut. Barring a major surprise in economic data ahead of...
The head of Britain's Secret Intelligence Service, the foreign spy service known as MI6, will warn that Russia poses an "aggressive, expansionist, and revisionist" threat, in her first speech since taking office. Blaise Metreweli took over from Richard Moore in...
Britons are set to spend 24.6 billion pounds ($32.9 billion) on presents and celebrations over the Christmas period this year, a 3.5% increase on 2024, despite a slow start to festive trading, according to a survey from PwC published on...
British money manager Aberdeen said on Friday it would acquire the management of nine U.S.-based closed-end funds with assets totalling 1.5 billion pounds ($2 billion), part of an ongoing drive to expand in the U.S. market. Aberdeen will buy the...
London's FTSE 100 fell on Friday, as a sell-off on Wall Street fuelled by AI angst spoiled the mood across European markets. The blue-chip FTSE 100 dipped 0.6%, retreating from gains of as much as 0.6%. The mid-cap FTSE 250...
King Charles said on Friday that his doctors can reduce his treatment for cancer in the new year, describing the moment as a "blessing" and testament to remarkable medical advances. Charles, 77, was diagnosed with an unspecified form of cancer...