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Category United Kingdom News

BP Sells North Sea Oil Business as UK PM Eyes New Drilling

BP Sells North Sea Oil Business as UK PM Eyes New Drilling

In Brief BP puts its 60-year-old North Sea oil business up for sale. PM Andy Burnham calls North Sea oil a resource UK can't ignore. The sale coul...
BlackRock Joins UK Tokenization Push to Deliver $44 Billion to the Economy

BlackRock Joins UK Tokenization Push to Deliver $44 Billion to the Economy

In Brief BlackRock and HSBC join a UK taskforce driving tokenization across wholesale markets. The report cites up to $44 billion in added annual ...
A 12-Month Rule Could Put Nigel Farage’s Crypto Lobbying in Trouble

A 12-Month Rule Could Put Nigel Farage’s Crypto Lobbying in Trouble

In Brief Little-known UK rules bar MPs from lobbying officials for recent financial benefactors. Complaint ties Farage's advocacy to donations fro...
UK Investors Sue Binance for $200 Million in Losses They Chased With Leverage

UK Investors Sue Binance for $200 Million in Losses They Chased With Leverage

In Brief Nearly 1,700 UK investors sue Binance and CZ for $200 million. They allege Binance sold complex crypto derivatives without UK authorizati...
Revolut Reveals the Hiring Secret Behind Its $75 Billion Rise

Revolut Reveals the Hiring Secret Behind Its $75 Billion Rise

In Brief Revolut reviewed over 1 million applications last year to hire just 1,000 people. A 0.1% acceptance rate reflects its bet on talent densi...