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Defence Or Environment? London Faces Spending Choices
Torn between growing geopolitical tensions and constrained public finances, Britain's finance minister Rachel Reeves is set to unveil feared trade-offs in a government spending review on Wednesday.
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FTX Crisis Explains Need to Bring Crypto World Within Regulatory Framework: Bank of England
FTX implosion has explained the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. Currently, crypto firms in Britain only have to show they can put in place ...
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US, UK Donate $530 million To Ukraine For "Urgent Humanitarian Spending"
Ukraine has received roughly $530 million in US and British grants from a fund set up by the World Bank for donations to the Kyiv government in the wake of Russia's invasion, the finance ministry said.
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UK National Arrested In Delhi For Forging Document To Stay Legal Proceedings
A British national has been arrested for allegedly forging a document in the name of the finance ministry to stay proceedings against his company under a law to recover non-performing asset loans, police said on Tuesday.
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Digital Pound Could Hit Financial Stability and Erode Privacy, UK Lawmakers Warn
A digital pound used by consumers could harm financial stability, raise the cost of credit, and erode privacy, though a version for wholesale use in the financial sector demands greater appraisal, British lawmakers said.
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India Challenges $1.2 Billion Arbitration Award To UK's Cairn Energy
India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agreed to arbitrate over a "national tax dispute", the finance ministry said.
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UK Will Not Appoint New Central Bank Chief Before Election, Says Official
Britain's government will not name a successor to Bank of England Governor Mark Carney before a national election due on December 12, a finance ministry official said.
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1,800 Litres Of "Fake Blood" Sprayed On UK Treasury By Climate Activists
Climate change activists used a fire engine to spray red paint at the facade of the British finance ministry on Thursday in an attempt to draw attention to what they said was the government's failure to avert a looming climate cataclysm.
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Driverless Cars Set For UK Budget Boost
The ministry said a new 400 million pound ($530 million) Charging Infrastructure Investment Fund would also be created, improving access to finance for businesses to develop charge points across the UK. Also 100 million pounds would be provided in grants to help people buy battery-electric vehicles.
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Government Begins Search for Next SEBI Chairman
Government has begun the search for a new Chairman of the capital markets regulator SEBI to succeed the incumbent UK Sinha, whose term is scheduled to come to an end on February 17, 2016.
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In Lalit Modi-Sushma Swaraj Controversy, a Blame Game Between Top Ministries
The controversy over Foreign Minister Sushma Swaraj helping corruption-accused former Indian Premier League boss Lalit Modi obtain British travel documents has triggered a war of words between two central ministries. At the heart of the dispute between the ministries of finance and external affairs is - whose job was it to appeal against court rel...
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Fresh steps taken to bring back Lalit Modi from UK
The Finance Ministry, sources said, has written to the External Affairs Ministry pointing out that Modi continues to stay in the UK for a long time even though his passport has been revoked. The matter is, however, sub-judice.
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Defence Or Environment? London Faces Spending Choices
Torn between growing geopolitical tensions and constrained public finances, Britain's finance minister Rachel Reeves is set to unveil feared trade-offs in a government spending review on Wednesday.
-
FTX Crisis Explains Need to Bring Crypto World Within Regulatory Framework: Bank of England
FTX implosion has explained the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. Currently, crypto firms in Britain only have to show they can put in place ...
-
US, UK Donate $530 million To Ukraine For "Urgent Humanitarian Spending"
Ukraine has received roughly $530 million in US and British grants from a fund set up by the World Bank for donations to the Kyiv government in the wake of Russia's invasion, the finance ministry said.
-
UK National Arrested In Delhi For Forging Document To Stay Legal Proceedings
A British national has been arrested for allegedly forging a document in the name of the finance ministry to stay proceedings against his company under a law to recover non-performing asset loans, police said on Tuesday.
-
Digital Pound Could Hit Financial Stability and Erode Privacy, UK Lawmakers Warn
A digital pound used by consumers could harm financial stability, raise the cost of credit, and erode privacy, though a version for wholesale use in the financial sector demands greater appraisal, British lawmakers said.
-
India Challenges $1.2 Billion Arbitration Award To UK's Cairn Energy
India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agreed to arbitrate over a "national tax dispute", the finance ministry said.
-
UK Will Not Appoint New Central Bank Chief Before Election, Says Official
Britain's government will not name a successor to Bank of England Governor Mark Carney before a national election due on December 12, a finance ministry official said.
-
1,800 Litres Of "Fake Blood" Sprayed On UK Treasury By Climate Activists
Climate change activists used a fire engine to spray red paint at the facade of the British finance ministry on Thursday in an attempt to draw attention to what they said was the government's failure to avert a looming climate cataclysm.
-
Driverless Cars Set For UK Budget Boost
The ministry said a new 400 million pound ($530 million) Charging Infrastructure Investment Fund would also be created, improving access to finance for businesses to develop charge points across the UK. Also 100 million pounds would be provided in grants to help people buy battery-electric vehicles.
-
Government Begins Search for Next SEBI Chairman
Government has begun the search for a new Chairman of the capital markets regulator SEBI to succeed the incumbent UK Sinha, whose term is scheduled to come to an end on February 17, 2016.
-
In Lalit Modi-Sushma Swaraj Controversy, a Blame Game Between Top Ministries
The controversy over Foreign Minister Sushma Swaraj helping corruption-accused former Indian Premier League boss Lalit Modi obtain British travel documents has triggered a war of words between two central ministries. At the heart of the dispute between the ministries of finance and external affairs is - whose job was it to appeal against court rel...
-
Fresh steps taken to bring back Lalit Modi from UK
The Finance Ministry, sources said, has written to the External Affairs Ministry pointing out that Modi continues to stay in the UK for a long time even though his passport has been revoked. The matter is, however, sub-judice.
