In IT, Innovation and Startups
Draft crypto legislation published: ambitions and taxes
The UK continues to step up its efforts to establish a regulatory framework for cryptocurrency, with several proposals being submitted. In this line, the Law Commission of the…
Continue ReadingThe Federal Reserve raises key rate, worries about recession aren’t totally unfounded
The Federal Reserve has again raised interest rates in the United States by 0.75 percentage points. The policymakers of the US umbrella company of central banks believe that…
Continue ReadingHigh prices lead to record profits for oil and gas company Shell
Due to the high prices for oil and gas, Shell made a record profit in the second quarter. At the bottom of the line, the profit over the…
Continue ReadingThe European Commission opens four more cases against the UK
The European Commission launched four new proceedings against the United Kingdom on Friday. The reason for this is that the British ‘do not adhere to agreements’ on the…
Continue ReadingIn IT, Innovation and Startups
CMA clears Spotify of the market abuse allegations
The market for digital music platforms is healthy and there are few concerns about abuse of power, says the British competition watchdog. The agency has been investigating major…
Continue ReadingIn IT, Innovation and Startups
Barclays invests in Copper.co startup
As a wave of bankruptcies continues to plague the cryptocurrency market, the largest bank in the UK, Barclays, has decided to invest in one of the most well-known…
Continue ReadingUK shows good macroeconomics, but it can’t be isolated from the world problems
The macroeconomic news from the UK has clearly improved last week. The economic activity reports were upward surprises and continue to point to stable growth. Healthy job creation…
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