Open banking: a year of progress
Open banking in the UK is growing rapidly. Latest industry figures show there are more than 16 million users now benefiting from the service. The number of open banking payments has soared by 53% year on year, reflecting a significant shift in how consumers and businesses manage their
Read MoreFCA seeks feedback on proposals for UK crypto rules
We are asking for views on new proposals as the next step in shaping the UK’s crypto rules. These proposals continue our progress towards an open, sustainable and competitive crypto market that people can trust. We want a market where innovation can thrive, but where people understand the
Read MoreBespoke market risk rules could unlock growth
We’re seeking feedback on whether tailored market risk rules for non-bank trading firms could remove unnecessary barriers, free up capital and attract new market participants, ultimately supporting economic growth. The rules in place today were originally designed for banks to ensure they held enough capital to absorb major
Read MoreHearing date – FCA’s application to distribute investor funds
The FCA’s application to seek court approval for its proposals to distribute funds recovered for the benefit of Asset Land investors will be heard in the High Court remotely. It will take place on 19 December 2025. The session will be online from 10.30am.Investors wishing to attend the
Read MoreHearing date – FCA’s application to distribute investor fund
The FCA’s application to seek court approval for its proposals to distribute funds recovered for the benefit of Asset Land investors will be heard in the High Court remotely. It will take place on 19 December 2025. The session will be online from 10.30am.Investors wishing to attend the
Read MoreWeekly Mortgage Rates Stable But Could Dip Lower
Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com. The article Weekly Mortgage Rates Stable But Could Dip Lower originally appeared on NerdWallet. Kate WoodSource
Read MoreBank of England cutting jobs as part of overhaul after critical Bernanke review
Bank under budget pressures as it responds to former Fed chair’s report into failure to forecast surging inflation Business live – latest updates The Bank of England has said it is cutting jobs amid sweeping changes at Threadneedle Street after a highly critical review into its failure to
Read MoreApocalyptic Environmentalism Collides With Data Center Boom, Fuels Sky-High Mid-Atlantic Power Prices
Apocalyptic Environmentalism Collides With Data Center Boom, Fuels Sky-High Mid-Atlantic Power Prices A combination of "apocalyptic environmentalism" and an explosion in data center power demand has left power markets in the Mid-Atlantic heavily strained, triggering a surge in power bills that is roiling working-poor families, middle-income households, and
Read MoreHouse Kills Bill On Blocking War With Venezuela
House Kills Bill On Blocking War With Venezuela Authored by Dave DeCamp via AntiWar.com The House on Wednesday voted down a War Powers Resolution meant to block President Trump from launching a war with Venezuela without congressional authorization, as required by the Constitution. The bill failed in a
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