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Britain's Royal Mint is creating an NFT, ready for launch this summer

Finance Minister Rishi Sunak asked the Royal Mint to start developing the non-fungible token, as th…

Hamza Fareed Malik   


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Everyone JUST missed this embarrassing UK Treasury screw up related to Lloyds

"HM Treasury incorrectly informed those it wrote to that the PRA had approved Lloyds' application t…

Lianna Brinded   


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About 93% of global central banks are exploring digital currencies - and that could boost de-dollarization, a report by IMF staff says

Central bank digital currencies "could help de-dollarization or counter "cryptoization"," IMF staff…

Joseph Wilkins   


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1 min read

HSBC acquires UK arm of Silicon Valley Bank for £1

HSBC says that the transaction "completes immediately" and will be funded from existing resources. …

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Former Chancellor Philip Hammond sought legal advice on stopping the UK lobbying watchdog from publicly saying he broke government rules

Hammond sought to stop ACOBA, Whitehall's lobbying watchdog, from publishing its finding that he ha…

Henry Dyer   


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Russian oligarchs have been sanctioned like Osama bin Laden was, and they're using similar tactics to avoid them, an expert said

Informal hawala transactions were exploited by Al Qaeda to move money that financed the 9/11 attack…

Sam Tabahriti   


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EasyJet forecasts a loss of $1.1 billion, its first annual loss, as the pandemic continues to ravage the airline industry

EasyJet said it expected to operate at 25% of planned capacity in the first three months of 2021 du…

Saloni Sardana   


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Rolls-Royce to raise billions to revive its finances damaged by coronavirus pandemic

Rolls-Royce plans to raise up to $6.5 billion after a drop in demand for new engines and struggling…

Kate Duffy   


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Britain's government just responded to a Freedom of Information request with a cat Instagram page

In the 16th century, King Henry VIII appointed a "chief mouser" - a cat - to guard the Treasury, an…

Lianna Brinded   


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PICTURES: JD Wetherspoon is printing 500,000 new anti-EU beer mats, this time attacking George Osborne

With just days until the referendum on June 23, the polls appear to be moving in favour of the Rema…

Oscar Williams-Grut   


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1 min read

BANK OF ENGLAND: 'ALL NECESSARY STEPS'

"The Bank of England is monitoring developments closely. It has undertaken extensive contingency p…

Ben Moshinsky   


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RBS lost £469 million in a 'noisy' quarter

RBS said "none of the proposals under discussion can deliver full separation and divestment by 31 D…

Ben Moshinsky   


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This 'Frankenstein' model shows how much damage Brexit has already done to the UK economy

"To put that 2.1% cumulative decline in real growth into context, that's roughly a quarter to a thi…

Will Martin   


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The UK's new £1 coin has 12 sides and was designed by a teenager

Pearce said he did not expect to win the competition when he submitted his entry: "I heard about th…

Stefano Pozzebon   


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MEPs want to talk to George Osborne and Google about a 'bad deal'

Eva Joly, a French MEP and vice chair of the European tax committee, told BBC Radio 4's "Today" pro…

Sam Shead   


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3 mins read

REPORT: The Bank of England could launch an investigation into RBS' failure to meet a key bailout commitment

The Commission mandated that Williams & Glyn must be divested from RBS' core business as a cond…

Will Martin   


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A Bank of England deputy governor has quit after only 2 years in the job

She has had a pretty lofty career and is arguably one of the most powerful women in finance. Prior …

Lianna Brinded   


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RANKED: This scorecard shows all the countries likely to leave the EU if there's a Brexit

Their rankings take into account polling information from the European Commission Eurobarometer, as…

Lianna Brinded   


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CARNEY: Bank of England will provide £250 billion of new capital to prop up markets

"As a backstop, and to support the functioning of markets, the Bank of England stands ready to prov…

Will Martin   


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5 mins read

Here's an alternative theory as to why George Osborne has suspended the Lloyds share sale

The government was forced to pump £20.5 billion ($32 billion) into Lloyds at the height of the fina…

Lianna Brinded