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Brexit: Govt tells City it plans to break with EU regulation

The Government has outlined plans for post Brexit financial services regulation in the UK to ultimately diverge from the European Union. Brexit secretary David Davis met with City leaders last week at Chevening, foreign secretary Boris Johnson’s country residence, the Financial Times reports. Davis told a breakout session for financial services that the UK would lose potential competitive gains […]

Jeremy Corbyn
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Businesses warn Corbyn is making investors nervous

Businesses have warned that Jeremy Corbyn’s rhetoric at the Labour Party conference is scaring investors and that neither of the two main parties in the UK currently inspire confidence. Corbyn yesterday told the party conference in Brighton that Labour would nationalise the utilities sector, make big businesses pay more tax and crack down on developers […]

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FCA warns on cryptocurrency fundraising as Bitcoin soars

The FCA has warned that investors in a cryptocurrency fundraising mechanism should be prepared to lose their entire stake as Bitcoin trades at record highs, almost quintupling year to date. Initial Coin Offerings (ICO) raise money for a specific project or company through the issue of a physical coin in exchange for a cryptocurrency, such […]

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