CashNews.co United Kingdom universities are grappling with severe financial difficulties due to recent restrictions on visas for international students. On Thursday, university leaders called for an urgent increase in domestic tuition fees to help offset significant deficits, as reported by AFP. The President of Universities UK, Sally Mapstone, which represents 141 higher education institutions, warned […]
Bitcoin price slumps amid major ETF outflows #UKFinance
CashNews.co Bitcoin (BTC-USD) has struggled to maintain a foothold above the $57,000 (£43,350) level, while spot bitcoin exchange-traded funds (ETFs) experienced their largest single-day outflows in four months this week, as investors withdrew funds in response to a broader market decline. Bitcoin was trading relatively flat on Thursday with a modest gain of 0.4% to […]
Finance MagnatesNearly 9 in 10 Crypto Registration Applications Failed UK AML Standards: FCAAmid growing regulatory scrutiny, the UK's Financial Conduct Authority (FCA) rejected over 87% of cryptocurrency registration applications in its latest….2 hours ago #UKFinance
CashNews.co Finance MagnatesNearly 9 in 10 Crypto Registration Applications Failed UK AML Standards: FCAAmid growing regulatory scrutiny, the UK’s Financial Conduct Authority (FCA) rejected over 87% of cryptocurrency registration applications in its latest….2 hours ago Read More #cashnews #UK #finance
Biometrics providers among CFIT group fighting UK financial crime #UKFinance
CashNews.co The Centre for Finance, Innovation and Technology (CFIT) has brought together a consortium of companies to find new ways of combating financial crimes in the United Kingdom using digital identity verification. This coalition includes biometrics and digital ID security providers Experian, LexisNexis Risk Solutions, OneID and Yoti, along with GLEIF (the Global Legal Entity […]
UBS issues shopping list for investors amid tech volatility #UKFinance
CashNews.co Tech stocks have been going through a rout as fears of a US recession sparked a Wall Street sell-off that wiped $279bn of Nvidia (NVDA) alone in one single day. Despite the ongoing volatility, UBS (UBS) is advising investors to see this as a strategic moment to refine their technology portfolios — whether by […]
UK housebuilding grows at fastest pace since 2022 mini-budget #UKFinance
CashNews.co The UK’s housing sector has grown at the fastest rate since the mini-budget knocked the industry almost two years ago, according to new data. The continued rebound in housebuilding helped drive further growth across the UK’s construction industry in August, although the rate of expansion eased slightly compared with the previous month. The latest […]
Scottish prosecutors examining fresh report from police over SNP finances | UK News #UKFinance
CashNews.co Scottish prosecutors are examining a fresh report from police leading the criminal investigation into the SNP’s finances. Detectives have been probing the party’s funding since 2021 and previously charged ex-CEO Peter Murrell in connection with embezzlement. The 59-year-old is the husband of former first minister Nicola Sturgeon. She is also a suspect in the […]
UK Financial Conduct Authority Confirms Date for Opening of Overseas Funds Regime Gateway to New Schemes | A&O Shearman #UKFinance
CashNews.co The Financial Conduct Authority has updated its webpage on the Overseas Funds Regime to confirm that it will open the gateway to new schemes on September 30, 2024. From that date, new schemes (schemes not in the Temporary Marketing Permissions Regime) will be able to apply for recognition at any time without a landing […]
Grant Cardone Thinks Your Dream Home Might Just Be a Money Pit #UKFinance
CashNews.co Regarding real estate, Grant Cardone isn’t shy about sharing what he loves – and what he’s learned the hard way. In a 2022 CNBC article, he explained: “I love investing in real estate and it’s a major reason why I was able to become a self-made millionaire.” Don’t Miss: But before you rush to […]
Burberry booted out of FTSE 100 as Hiscox joins blue-chip index #UKFinance
CashNews.co Iconic luxury fashion brand Burberry (BRBY.L) is getting kicked out of the FTSE 100 (^FTSE), while insurer Hiscox (HSX.L) will be added to the UK’s blue-chip index. Hiscox’s promotion has made room for computer maker Raspberry Pi (RPI.L) to join the FTSE 250 (^FTMC) in the reshuffle, which was confirmed on Wednesday and will […]