Social media platforms like TikTok sway young investors, but FCA cracks down on misleading crypto advice & tightens ad rules.

There's no denying that the digital asset sector has witnessed a substantial uptrend over the course of 2023.

AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.

Nottingham City Council issued a Section 114 notice, revealing that the chief financial officer was unable to produce a balanced budget for the current year.

The initiative, commissioned by the Foreign, Commonwealth & Development Office (FCDO), aims to deepen collaboration between the UK and India on recent and planned regulatory reforms in the pension sector.

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A total collapse of China in the near term, even with many Western firms reducing their exposure to China's economy, would collapse the global economy, some experts believe.

Poll also found that young people were most likely to be affected by online fraud, even though half of those questioned believed the elderly were most at risk.

The UK bank is bringing a ban on cryptocurrency purchases due to an "increase in fraud and scams related to crypto assets".

The controversy began when the CAA proposed a reduction in fees for airlines using Heathrow Airport over the next three years, a decision that sparked discontent among both the airport management and airline companies.

Birmingham City Council, Europe's largest local authority, declared effective bankruptcy due to annual budget shortfalls, shifting focus to protect vital services while halting non-essential spending.

Local government bodies on Tuesday warned that more councils across the UK could declare themselves in financial dire straits, after the country's second biggest city said it could not balance its books.

Europe's largest local authority confirmed it had issued the declaration that it cannot balance its books without government intervention.

A new survey report of business banking services provides insights into how the leading banks in the UK are satisfying SME customers.

Britain will set up UK Sustainability Disclosure Standards in accordance with globally approved sustainability standards by July 2024.

The FCA sounded the warning bell for financial services as AI fraud takes centre stage. The Head of FCA provided some crucial insights on how they are preparing to tackle AI frauds.

The UK's proposed crypto regulatory framework, similar to the EU's recently approved Markets in Cryptoassets (MiCA) regulation, extends the geographical reach of existing obligations for service providers.

Europe's technology startup landscape has produced a growing number of $1 billion unicorns in recent years

The new cloud region in Doha will enable Qatar to economically rise and reach greater levels of digital transformation and evolution.

The UK will lead on "guard rails" to limit the dangers of AI, says Rishi Sunak, signalling that the government may seek to adopt a more cautious approach to the development of AI.

There is a huge number of brokerage companies operating in the UK.

Research reveals 23 per cent of Britons are financially vulnerable due to cost of living pressure as analysts recommend open banking for navigating economic challenges.

Off the back of Italy banning the usage of ChatGPT, CEO of ImmuniWeb, Dr Ilia Kolochenko, has given his opinion on the issues with the chatbot and AI as a whole.

Household debt exceeds £2 trillion for the first time in UK history. As consumers struggle with the skyrocketing costs of living, financial literacy hits rock bottom.

Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world's largest crypto exchange ceased dollar transfers.

Britain's finance ministry said on Wednesday it will launch a review into how investor research on companies could be improved to attract more listings, a step that follows a decision by UK chip designer Arm Ltd to only list in New York.

Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said.

Britain on Tuesday will set out draft legislation to regulate "buy now pay later" credit, saying the sector posed potential harm to consumers without thorough affordability checks.

JPMorgan Chase & Co. is working with KPMG to improve how the U.S. bank supervises its traders.