Finance

376
Trump’s cryptocurrency plummets as critics deem it worthless
Donald Trump’s official cryptocurrency has plunged by 32% over the past 24 hours. Meanwhile, Spain is looking to ban non-EU residents from buying homes in the country.
592
Melania Trump’s cryptocurrency reaches £1.4 billion in value shortly after launch
Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband’s inauguration, making billions in a matter of minutes.
462
Billionaires’ wealth increased by $2 trillion in 2024, according to a report
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals
641
Trump launches $TRUMP meme coin, price skyrockets overnight
President-elect Donald Trump launched his own cryptocurrency on Friday, sparking a feverish buying that apparently sent its market capitalization soaring to several billion dollars.
488
Bank of England postpones new banking regulations aimed at preventing crashes by a year
Donald Trump’s return to White House and Rachel Reeves’s call for regulators to help drive UK growth taken into account.
641
IMF raises UK’s growth forecast and criticizes Trump’s plans
UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy.
362
EU expresses frustration as Britain postpones banking reforms due to Trump
The U.K. delayed its implementation of global banking rules by one year due to uncertainty over what U.S. President-elect Donald Trump will do.
564
Texas court orders Bitcoin investor to reveal $124 million in crypto keys
Early Bitcoin adopter learns hard lesson as legal case underscores crypto tax compliance risks.
536
US sues Musk for not disclosing Twitter stock holdings, leading to lower acquisition cost
Elon Musk is being sued for failing to disclose his purchase of Twitter stocks before buying the company in 2022, which ‘allowed him to underpay’ by at least $150m (£123m).
463
Lloyds, Halifax, and Bank of Scotland announce major branch changes
Lloyds Banking Group, owner of subsidaries Halifax and Bank of Scotland is making a huge changes to services across all its bank branches.
429
Pound falls below $1.23 to 14-month low
The pound has dropped to a 14-month low in early trading in London, as the bond-market sell-off fuels anxiety over UK assets.
644
UK spends £100m annually on public inquiries as Tories push for grooming gangs probe
The UK has spent more than £100 million on public inquiries every year over the past decade...
416
Bet365 CEO reduces pay but still earns £158 million
Denise Coates, chief executive of the gambling firm Bet365, took a massive pay cut last year, but still received a package worth almost £158m.
677
T3 financial crime unit achieves milestone: USDT 100 million in criminal assets frozen across five continents
T3 FCU exemplifies the power of public-private collaboration in real-time cryptocurrency crime-fighting, freezing over USDT 100 million in illicit assets.
522
Trump shows interest in Greenland while other Arctic investments stall
The Arctic recently made headlines after Donald Trump repeated his desire to buy Greenland.
561
By midday in 2025, FTSE 100 executives earn more than the average worker does in an entire year
Bosses to hit milestone on third working day of 2025 with median hourly pay of £1,298, says High Pay Centre.
450
Fraud in Adam Vincent Gilmer’s business: The legend of "organic" products and MLM
Entrepreneur Adam Vincent Gilmer was born in Johannesburg, South Africa, and immigrated to the US in 1989.
483
Top 500 wealthiest individuals amass over $10 trillion in 2024
An indomitable rally in US tech stocks plays a key role in turbocharging the wealth of industry titans.
452
Energy prices rise again with further increases predicted in April
Domestic energy prices have risen with little respite expected for billpayers during the rest of the year.
621
Nearly 170,000 retail jobs were lost in 2024, with expectations of even more job losses next year
The figure is the highest since the aftermath of COVID-19 pandemic lockdowns in 2020.
392
Car industry consulted on 2030 ban of petrol and diesel vehicles
The UK motor industry is being consulted over how the phasing-out of new petrol and diesel cars by 2030 will work, the government has announced.
589
Royal Mail sale to Czech billionaire gets national security clearance
The deal has been cleared on national security grounds, taking the Royal Mail a step closer to falling into foreign ownership.
514
Thames Water fined £18m by Ofwat for breaking shareholder payment rules
It’s hoped that the penalty will act as a "clear warning" to the whole water sector, regulator Ofwat said.
530
Water bills set to rise by 36% over the next five years, Ofwat announces
Water companies have been given a green light to increase bills by more than a third in a move that has already branded a ‘bloody disgrace’.
401
Brexit cost UK £27bn in lost trade in first two years
Despite fall in trade, LSE study says overall impact was more limited than OBR forecasters first estimated