UK Government

The recent trade agreement between the U.K. and the U.S. has been met with disapproval from China, potentially adding more complexity to London’s ongoing efforts to rebuild its relations with Beijing. What Happened: The trade pact, which imposes strict security...

Leaders in the UK’s software industry are calling for increased government support, citing a “dreadful” track record of European software companies. The industry is seeking measures such as tax incentives and talent visas to bolster the sector. What Happened: Over 120 industry...

The UK Government has refuted claims of retracting its Online Safety Bill, causing uncertainty over the future of Apple Inc.’s (NASDAQ:AAPL) iMessage service in the country. According to Reuters, the government had previously asked Apple to disable end-to-end encryption on iMessage for...

UK lawmakers want to treat cryptocurrency trading like gambling. The recommendation comes as regulators become increasingly vocal about the substantial risks these digital assets could pose to consumers. What Happened: Members of Parliament are worried that treating consumer crypto trading as a...

The U.K. tax authority HMRC is contemplating the implementation of regulations allowing the seizure of cryptocurrencies from businesses neglecting their tax obligations. This proposal is part of a larger plan to modernize tax collection in the digital era. Currently, HMRC possesses the...