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FTSE 100 falls with BoE’s intervention to reach £65 billion
September 29, 2022 11:36 PM AEST| By Rishika Raina. Moving in line with the drops on continental European bourses, London’s FTSE 100 also took a hit.
NXT, IHG, MAB: Key stocks to explore as BoE announces bond-buying programme
September 29, 2022 11:35 PM AEST| By Abhishek SharmaHighlights:,The UK is witnessing financial chaos in the aftermath of the Chancellor's mini-budget.,The budget included unfunded tax cuts worth about £45 billion, sending the pound sterling to an all-time low against the US dollar.,The,UK market,conti...
BoE deputy governor calls for extending the financial regulations to cryptos
September 29, 2022 07:58 PM AEST| By Manu ShankarBoE Deputy Governor Jon Cunliffe, during a conference in London, highlighted that the regulators need to consider extending standards and regulatory regimes to cryptos.
FTSE 100 hits 17-month low as fears about economy grow
September 28, 2022 10:44 PM AEST| By Abhishek SharmaUK Market:,The UK market was trading in red amid concerns over the government's recent move to slash tax rates. The benchmark FTSE 100 fell to a 17-month-low in the afternoon trade as the International Monetary Fund (IMF) openly criticised the UK's n...
FCA grants Revolut license to offer crypto services in Britain
September 28, 2022 10:03 PM AEST| By Manu ShankarCrypto payment app provider Revolut, on 26 September, received FCA registration to offer services to its users
Reabold’s (LON:RBD) partner Rathlin Energy discusses development insights with West Newton Community Liaison Group
September 28, 2022 09:09 PM AEST| By Team Kalkine MediaHighlights,Reabold Resources’ (LON:RBD) partner Rathlin Energy interacted with the West Newton Community Liaison Group (CLG) regarding the development of the West Newton project.,Rathlin's ongoing plans are based on the analysis and interpretation by...
FTSE 100 moves higher as Treasury pledges to gold full-budget in Spring
September 27, 2022 11:32 PM AEST| By Rishika RainaThe index made modest gains following the Treasury vowing to hold a full Budget in the spring.
Why is European Central Bank pitching for wholesale CBDCs?
September 27, 2022 09:15 PM AEST| By Manu ShankarECB executive board member Fabio Panetta suggests combining both DLT and Target services for the wholesale CBDCs
People tackling inflationary crisis with no savings
September 26, 2022 11:28 PM AEST| By Rishika RainaOne out of seven (13%) people have said that they don’t have any sort of savings.
FTSE 100 in red as pound crashes to all-time low against dollar
September 26, 2022 10:49 PM AEST| By Abhishek SharmaUK Market:,The UK market was trading in red after the pound sterling crashed to an all-time low against the US dollar. Investors awaited an expected announcement from the Bank of England following the development, which came after Chancellor Kwasi Kw...
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Will the MiCA bill hamper stablecoin adoption?
September 26, 2022 10:35 PM AEST| By Manu ShankarBinance CEO Changpeng Zhao welcomed the supposed text of the MiCA bill.
What does the government's mini-budget include?
September 25, 2022 07:00 PM AEST| By Abhishek SharmaHighlights:,Chancellor Kwasi Kwarteng on Friday announced a mini-budget in its bid to pump fresh energy into the economy.,The measures include tax cuts and a reduction in stamp duty, among others.,In its attempts to revive the ailing,economy,, the UK...
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Are UK regulators closing in on illicit crypto market players?
September 23, 2022 11:41 PM AEST| By Manu Shankar• The British government on Thursday introduced the much-awaited Economic Crime and Corporate Transparency Bill in the House of Commons.
FTSE 100 tumbles after mini-budget announcements
September 23, 2022 11:21 PM AEST| By Rishika RainaEarlier today it was unveiled that GfK’s consumer confidence index dropped by five points in September to -49.
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New Economic Secretary insists the UK is keen to become a crypto hub
September 23, 2022 12:32 AM AEST| By Manu ShankarUK’s new Economic Secretary Richard Fuller insisted that Britain is very much focused on becoming the country of choice for cryptos.
UK market falls as Bank of England raises interest rates
September 22, 2022 11:01 PM AEST| By Abhishek SharmaUK Market:,The UK market tumbled into red after the Bank of England raised the interest rates by another 50 bps, taking it to 2.25%. This is the seventh consecutive hike by the bank, and it has taken the interest rates to the highest levels since Nov...
Has the EU Finalised the legal document of the MiCA bill?
September 22, 2022 09:33 PM AEST| By Manu ShankarThe European Union is reportedly said to have finalised the text of its landmark Markets in Crypto Assets (MiCA) bill.
Women gamble more as the cost of living surges
September 22, 2022 09:02 PM AEST| By Rishika RainaThe escalating cost of living crisis is anticipated to lead to a rise in dangerous gambling among women as they seek to enhance their overall household income
Stocks to explore as UK braces for more rate hikes
September 22, 2022 05:55 PM AEST| By Rishika RainaThe interest rate, which currently stands at 1.75% may be lifted to 2.5% this week.
FTSE 100 moves higher as business get price cap, housing stocks lead
September 21, 2022 11:32 PM AEST| By Rishika RainaUnder the government’s support package, UK businesses have been given a six-month emergency energy price cap.
