United Kingdom

Microsoft Corp (NASDAQ: MSFT) has taken a formal step in its battle against the U.K.'s Competition and Markets Authority (CMA) rejection of its $69 billion Activision Blizzard Inc (NASDAQ: ATVI) acquisition. A Microsoft spokesperson confirmed to Bloomberg that the company...

Tesla Inc (NASDAQ:TSLA) had a 1,436.4% year-over-year jump in new vehicle registrations across the United Kingdom last month, as per industry data. What Happened: As per data for new car registrations in the U.K. released by the Society of Motor Manufacturers and Traders (SMMT), 1,813...

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. Competition & Markets Authority (CMA) issued a strong response to the European Commission's approval of the $68.7 billion proposed merger between Microsoft Corp. (NASDAQ: MSFT) and Activision Blizzard Inc. (NASDAQ: ATVI). In a statement released on Twitter, the CMA...

SEC Commissioner Hester Peirce cited the European Union's (EU) recently implemented Markets in Crypto Assets (MiCA) regulation as a potential blueprint for U.S. cryptocurrency rules. During a panel discussion at the Financial Times Crypto and Digital Assets Summit in London, Peirce acknowledged...

Crypto lending platform Celsius (CRYPTO: CEL) is seeking to consolidate its U.K. and U..S entities amid allegations the distinction between the two was a "sham." The embattled cryptocurrency company is the latest to be accused of poor record-keeping within its corporate structure,...

Russian President Vladimir Putin is preparing for war with the West by sending spy ships to map wind farms and key cables off the British coast, according to U.K. senior MP Bob Seely. “Our world is becoming markedly more dangerous. And Britain is not ready,” said Seely, who wrote...

The UK government will use Brexit to carve a different regulatory program for crypto that could come into law in the next 12 months, according to Andrew Griffith, economic secretary to the Treasury. "We've got control back of our rulebook, not something the UK has had for decades,"...

The National Health Service (NHS) in the U.K. has revealed it has been treating hundreds of children for video game addiction, with some even becoming violent towards their families, reported The Times. The first NHS center for gaming disorders opened in October 2019 and has already dealt with 745...

Silicon Valley Bank's U.K. subsidiary reportedly handed over $18 million in bonuses days after HSBC Holdings Plc (NYSE: HSBC) was roped in as part of a rescue deal to save the institution from insolvency.  Payouts to staff, which included senior executives, were given...

According to sources close to Boris Johnson, the former prime minister's legal team is preparing to present new evidence that they believe will clear him of any wrongdoing in the ongoing Partygate scandal. The evidence, which his allies are calling a "bombshell defence dossier," reportedly includes...

Over 200 U.K. firms in technology and life sciences have been left unable to pay staff due to the collapse of Silicon Valley Bank (NASDAQ: SIVB), which was shut down by regulators on Friday and whose demise is now the largest failure of a U.S. bank since 2008. While the bank's...

Neo-banking company Revolut has introduced cryptocurrency staking in the UK and the European Economic Area through a soft launch, AltFi reported. What Happened: The full launch will start this week, allowing users to earn income on their crypto assets while the product was in soft testing....

Benzinga is cordially inviting new British Prime Minister Rishi Sunak to its Future of Crypto event on Dec. 7 in New York City. Founded in 2009 by CEO Jason Raznick, Detroit-based Benzinga is one of the largest content providers to global brokerages and media houses. A leader in the cannabis...

The U.K. has a new Prime Minister with Rishi Sunak announced as the third person to lead the country in the past two months. Sunak has been a proponent of cryptocurrency and non-fungible tokens, something that was going viral in a post on Monday. What Happened: During his time as Chancellor of the...