February 24, 2025February 24, 2025 After an eight-month pause, India and the UK will resume free trade agreement (FTA) negotiations from 24th February, with UK Business and Trade Secretary Jonathan Reynolds visiting India for talks with Commerce Minister Piyush Goyal. Launched on 13th January 2022,…
The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Digital Payments Showdown: BOE Set to Roll Out CBDC if Banks Slip Behind Bank of England (BOE) Governor Andrew Bailey shared his outlook on the evolution of digital payments in a…
UK corporates are at a crossroads as the pound strengthens. The latest research shows that businesses are divided on whether they are benefiting or struggling. Rising costs and tighter credit conditions are forcing firms to rethink how they manage their foreign exchange (FX) exposures. The Impact of a Strong Pound According to the study by…
According to Dante Disparte, stablecoin issuer Circle’s Chief Strategy Officer and Head of Global Policy, the UK is expected to introduce stablecoin regulations within the coming months. Per a report by Ryan Browne for CNBC, Disparte, who shared his outlook during an interview in London, believes the country will soon establish formal guidelines for stablecoins,…
Newsquawk.com Week Ahead: 21st-25th October Highlights include PBoC LPR, BoC, EZ & UK PMI MON: PBoC LPRTUE: NBH Announcement, IMF World Economic OutlookWED: BoC AnnouncementTHU: EZ/UK/US Flash PMIs (Oct)FRI: PBoC MLF (TBC), CBR Announcement, Japanese Tokyo CPI (Oct), German Ifo (Oct), US Durable Goods (Sep), US University of Michigan Final (Oct) Newsquawk…
Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation signals the potential departure of other wealthy individuals fearing future tax hikes on non-domiciled tax arrangements. Crypto Investor Angermayer Leaves London Over Tax Concerns Billionaire crypto investor Christian Angermayer has…
The UK economy showed little to no growth in July, leading to growing concerns about its future direction. After a challenging first half of the year, the latest data reveals that the country’s economy remains stagnant. Despite hopes for a rebound, the numbers paint a less optimistic picture. GDP growth, which is a key indicator…
UK’s new bill recognises Bitcoin and other digital assets as personal property. Under the new law, crypto owners will enjoy greater legal protection. The UK parliament has introduced a new bill that clarifies digital assets ownership by recognizing Bitcoin and other crypto assets as personal property. The new draft law, the Property (Digital Assets etc)…
UK grocery inflation has begun to show signs of easing, giving shoppers a small reprieve in their weekly spending. After an 18-month rise, the latest data suggests that grocery prices are starting to slow down. According to a recent report from Kantar, UK grocery inflation dropped to 1.7% in the four weeks leading to September…
UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming out. After a period of inflation and rising interest rates, the UK saw a 6.5% quarter-on-quarter growth in…