In a significant move reflecting the rising concerns about fraud related to cryptocurrency transactions, JPMorgan’s British retail bank, Chase UK, has declared a ban on all cryptocurrency purchases. This decision, scheduled to take effect from October 16, follows alarming data that highlights the increasing rate of crypto scams and fraudulent activities. Highlights: The meteoric rise […]
EY, a globally recognized professional services firm, has recently unveiled its ambitious plan to bolster Northern Ireland’s economy by creating over 1,000 jobs within the next half-decade. This strategic move, primarily focused on Belfast, promises to diversify the job market by offering positions in the assurance, tax, consulting, and technology sectors. Highlights Mark Weinberger, EY’s […]
As the UK gears up for an anticipated general election next year, the issue of the pensions triple lock has emerged as a contentious topic within the Conservative Party. Chancellor Rishi Sunak’s recent reluctance to commit to including the triple lock in the party’s election manifesto has raised eyebrows and concerns among some Tory MPs. […]
Thousands upon thousands of travelers in the United Kingdom and beyond were thrown into disarray after a malfunction in the country’s air traffic control system. After reporting “technical issues,” Britain’s National Air Traffic Services claimed it had “applied traffic flow restrictions to maintain safety.” There have been reports of delays in UK airspace as a […]
After 40 years as one of Britain’s most prominent fund managers, Richard Buxton is retiring with dire predictions about the “very sorry state” of the UK equity market. The decline of the UK market has been the most striking change in Buxton’s career, he said as he prepared to depart Jupiter Asset Management at the […]
Due to concerns that the incoming administration may reduce investment deductions, Harbour Energy, the largest oil producer in the UK, will raise spending in the North Sea this year and possibly next. The CEO of the London-listed firm, Linda Cook, has stated that the company would continue its efforts to diversify internationally, and that the […]