Barclays and Lloyds back calls to digitalise UK markets and unlock £33bn boost Markets Top financial institutions have rallied behind a new report calling for the government to accelerate the digitalisation of UK markets to deliver a £33bn annaul boost to the economy. The paper, backed by a 54-strong taskforce that includes the likes of Barclays, JP Morgan and Lloyds Banking Group, says the tokenisation of markets could add [...]
The Square Mile gets its fourth City Minister – could it soon get its fifth? Fintech Four City minsters later, in this week’s column Samuel Norman takes a look at the blow to the Square Mile from the latest reshuffle. Also on the agenda: Revolut’s plans for the high net worth faces off with ambitions of incumbents. “Look for the girl with the sun in her eyes…” So goes the lyrics [...]
What does new City minister Rachel Blake have in store for the Square Mile? Politics The Westminster drama has hit the City in more ways than one. After Wes Streeting’s resignation triggered a mini-reshuffle, Felix Armstrong and Samuel Norman take a look at what the new City minister might have in store. In just under two years, the City has its fourth minister. Tulip Siddiq resigned in January 2025 after [...]
Britain risks regulating itself into irrelevance on digital assets March 23, 2026 The contrast between approaches to regulating digital assets in the US and the UK is becoming increasingly hard to ignore, says Lord Ranger Before travelling to Washington last week, I argued that the future of digital finance will be defined by those who move from intent to execution – and what I found there confirmed [...]
Britain and America must shape the rules for digital assets together March 13, 2026 Digital assets are not just a fintech trend, they are changing how value is created, exchanged and settled in the global economy, says Lord Kulveer Ranger The race to shape the rules for digital assets is no longer theoretical — it is already underway, and it is moving fast. Across the world, governments are beginning to [...]
Bank of England’s Breeden warns on rivals overtaking UK on innovation February 2, 2026 The Bank of England’s lead for fintech policy and digital currency has laid out a sweeping vision for the UK’s next generation of payments infrastructure amid a rallying cry for the UK to not lag behind its peers. Sarah Breeden, a rate-setter at the central bank and the deputy governor for financial stability, said the [...]
Trump’s push for ‘crypto capital’ sparks PwC shift towards digital assets January 5, 2026 The US arm of the Big Four giant PwC has changed its stance on cryptocurrency work following President Donald Trump’s fondness for digital assets. Trump has pledged to make the US the “crypto capital of the world” after passing the ‘Genius Act’, which governs digital assets such as stablecoins, into law last year. As a [...]
Crypto firms face clamp down from Treasury and watchdog December 15, 2025 Cryptocurrencies will face regulation like any other financial products under new laws announced by the Treasury. Firms that offer crypto products will fall under the Financial Conduct Authority’s jurisdiction as part of new rules requiring digital assets providers to meet a set of standards from the City watchdog. The Labour government said the new legislation, which comes into [...]
Law Society welcomes crypto’s new legal status December 8, 2025 The Law Society has welcomed the government’s new Property (Digital Assets etc) Act, which passed into law last week and places cryptos, NFTs and other digital tokens as personal property. This settles years of uncertainty over whether digital assets could be owned, inherited, or recovered in court – a grey area that has frustrated investors [...]
Stablecoin regulation: UK urged to act faster on crypto or fall behind October 24, 2025 Over one thousand crypto supporters gathered in East London at the E1 club on Wednesday for Stand With Crypto’s inaugural UK rally. The rally followed the close of the Zebu Live Conference and the London Blockchain Conference, bringing crypto enthusiasts from all over the world to London. Stand With Crypto’s movement Stand With Crypto, a [...]