The GBPUSD is approaching the 1.31 handle after the pair saw a push higher following yesterday's political developments that Theresa May is set to become the Prime Minister of the UK following the shock resignation of her rival for the role, Andrea Leadsom. Leadsom quitting the race is a positive for Sterling simply because a…
Read moreBritish consumers saw their confidence in the UK's economy fall at the sharpest rate in almost 22 years after the vote to leave the European Union. According to latest market research from Gfk, consumer confidence in the UK fell by 8 points to minus 9, a plunge not seen since December 1994. The Gfk survey…
Read moreUnited Kingdom's Financial Conduct Authority (FCA) announced that fraudsters are using the details of a firm authorized to try to convince people that they work for the genuine, FCA regulated and authorized firm. Find out more about the latest ‘clone firm’ below: Clone firm details Fraudsters are using or giving out the following details as…
Read moreThe Payment Systems Regulator (PSR), the economic regulator for UK payment systems, has today announced the appointment of Paul Smith as its Head of Policy. Paul has a wealth of experience working for UK regulators, having previously held roles at Postcomm (now Ofcom) and Ofgem. He joins the PSR from the Australian Energy Market Commission…
Read moreGallant Capital Markets, Ltd. takes experience into the Prime Brokerage space for FX with a new UK regulated entity. GCM Prime will provide bespoke solutions including custom liquidity pools, white labels and more.
Read moreFollowing its inaugural launch in the US, British customers now can use Apple Pay to conduct contactless payments with a limit of £20. Visa, Mastercard and American Express, along with certain large banks have signed up to support the service, with HSBC and Barclays relying on their proprietary systems for the meantime
Read moreApril 1st seems to be a landmark date for UK financial regulation – in 2013, the first day of April saw the Financial Conduct Authority and the Prudential Regulation Authority appear. This year the date also will have particular significance for the financial services sector, for the payments industry in particular. The Payment Systems Regulator…
Read more"While the seasonal dip hit a little earlier, hiring activity also slowed due to wider concerns about a fragile UK recovery" - Hakan Enver, Director, Morgan McKinley
Read moreWhilst Alibaba's founder Jack Ma accrued a further $25.1 billion in personal wealth this year, US President Obama looks to increase the minimum wage, with employees better off but companies squeezed. As 2015 approaches, which British shares are likely to be a good investment?
Read moreUK's FCA issues a warning over the firm calling themselves Prime Financial Management Services Limited
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