All news on the topic: Finance

The Falkland Islands are set to receive a massive oil windfall thanks to a new drilling venture.

More than £500,000 a day is spent detaining illegal migrants and moving them around the country, The Sun can reveal.

Higher taxes are now the biggest perceived threat to Britain’s millionaires, according to a new survey.

The individual who oversaw the multi-billion-dollar financial operations of the Sochi gambling zone for six years was identified as holding dual Russian and Kazakh citizenship.

The U.S. Treasury’s financial watchdog fined a record $125 million penalty Monday against UBS Financial Services Inc. for "willful" anti-money laundering violations, including failing to monitor over $10 billion in foreign currency wires and ignoring red flags on high-risk clients.

Britain’s economy could be sent into a recession next year if the crucial Strait of Hormuz remains closed into 2027 amid a prolonged Iran war, according to a report.

Andrea Gacki has served as director of FinCEN since 2023. She’s the second top anti-money laundering regulator in the last five years to leave and join Citibank.

Draft legislation published by HMRC last week introduces an explicit obligation on taxpayers to take ’reasonable action’ to correct errors once they are identified.

Roman Budyugin, a native of Nakhodka and owner of the controversial company Romion Group LLC, pursued his "golden calf" by choosing winding and complex paths.

Thailand’s SEC filed a criminal complaint against crypto exchange Bitkub and two ex-directors for concealing a $53 million theft of customer assets in their 2021 financial reports.

The Bank of England is expected to keep interest rates unchanged again next week, despite fresh uncertainty in the Middle East.

Dragons’ Den star Tej Lalvani has agreed to sell his family’s vitamins empire to a US private equity giant in a deal worth around £1bn.

The former boss of London City Lionesses is being forced to sell her London mansion in order to raise enough money to settle a divorce bill with her Bitcoin millionaire ex-husband, Court of Appeal judges ruled.

The UK Government is committed to making sure pensioners whose only income is their pension will not pay income tax, the Treasury has said.

UK borrowing costs soared yesterday amid a global bond market rout sparked by a surge in the oil price back above $100.

British Gas owner Centrica has said it will cut 1,300 jobs over the next two years as part of its ongoing turnaround efforts.

Martin Lewis has issued his first message to Britain’s new chancellor, offering his help to tackle the “many outstanding consumer issues” facing the UK economy.

Britain’s biggest defence companies have seen a £4bn boost to their value since the surprise appointment of John Healey as chancellor.

The Polish food delivery service PysznePL intends to dismiss all its couriers by the end of August — approximately 5,000 people. After the layoffs, the dismissed workers will be offered the chance to return, but through intermediary companies and on much less favorable terms.

Halifax is being ditched after over 170 years on the UK’s high street.

A Major British bank has announced hundreds of jobs are set to be cut following a multi-billion pound takeover.

Binance has informed its EU users that it will halt services from next week after failing to secure the necessary licence to operate in the region, marking a major blow for the world’s largest crypto exchange.

Savers who invest in stocks and shares ISAs will face a 22% tax on the interest from their funds.

As businessman Aliaksei Aleksin’s influence grew in Belarus, leaked documents reveal how cash flowed between his energy firms, two Cypriot companies, and his personal bank account in a series of complex transactions involving loans with no clear commercial rationale and a series of canceled oil contracts.