Finance News

Within the Open Access Government Finance News section, you can find a wide variety of information on the changes in the financial sector.

We often explore the development of digital banking and the future of Fintech, along with the World Bank and World Trade Organisations (WTO) stories. You can also find expert opinions on many popular topics within this category along with insights into the financial changes in other countries.

This category also covers poverty and pensions in the UK along with any legal changes to financial law. Up to date articles are available on fiscal policy and trade wars within the sector.

Crypto Valley

Switzerland, blockchain’s spiritual home

The Crypto Valley Association’s Tom Lyons argues that along with its competitive advantages, decentralised culture and democratic tradition have made Switzerland an epicentre of...
future of finance

Secure Cloudlink wins UBS future of finance 2017 challenge

Secure Cloudlink's new and unique approach to digital security wins UBS future of finance 2017 challenge In the annual competition, which seeks out innovations and ideas...
decentralised solutions

€5m in prizes for social innovators using Blockchains to develop decentralised solutions

€5 million in prizes will be awarded to innovators that use Blockchain technology for social good The European Commission has launched a new Horizon 2020...
UK's industrial strategy

UK’s Industrial Strategy falls way below expectation

Nigel Wilcock from the Institute of Economic Development provides his opinion on the UK’s Industrial Strategy in terms of the future economy of Britain If...
communication with customers

Banks to address the need for better communication with customers

Banks to rethink communication with customers in light of upcoming PSD2 The Second Payment Services Directive, coming into effect on 13 January 2018, will enable...
the current european commission

Günther H. Oettinger, the current European Commission

Günther H. Oettinger European Commissioner in charge of budget and human resources European Commission The latest statistics show eight million jobs created in the European...
Bitcoin hackers

Bitcoin hackers steal millions in ‘highly professional’ theft

Slovenian mining exchange NiceHash was targeted by 'professional' Bitcoin hackers who stole 4700 coins worth around $80 million
don't understand inflation

Data shows 62% of adults ‘don’t understand inflation’

The Organisation for Economic Cooperation and Development has released startling data showing a large percentage of adults don't understand inflation
bitcoin crackdown

UK and EU plan Bitcoin crackdown over tax evasion fears

As the cryptocurrency hovers around the $10,000 mark, the UK and EU are threatening a bitcoin crackdown to prevent tax evasion and cybercrime
Bitcoin value hits

Bitcoin value hits record high of nearly $10,000

Bitcoin value hits a new high in its record-breaking trajectory, rising 4.5% to $9,700, nearly 10 x its value at the start of the year
defence technology

Adapting defence technology to business enterprise

Paddy Bradley, Director, Swindon and Wiltshire Local Enterprise Partnership explains how investing in defence technology can boost the economy
bitcoin offshoot

Bitcoin offshoot set to rival cryptocurrency as value slumps

Bitcoin offshoot 'Bitcoin Cash' is making an impact in the world of cryptocurrency thanks to its ability to be processed cheaply
virtual currency

Blockchain: what is in it for the European economy?

Benoît Abeloos, Policy Officer at the European Commission gives a compelling glimpse into how virtual currency could affect the economy
household finances

MPs launch inquiry into household finances as debt grows

The Treasury Select Committee, led by Nicky Morgan, has launched an inquiry into household finances as debt grows to £200 billion The inquiry will look...
interest rates increase

Bank of England reveals decision on interest rates increase

The Bank of England has revealed its decision to raise interest rates by 0.25% for the first time since the 2008 financial crisis Economists and...
bitcoin gold

Bitcoin gold launch halted by hack

The launch of Bitcoin Gold, a new rival to the dominant cryptocurrency, has been hit by hacks, causing a drop in the value of Bitcoin
reporting rules

UK financial regulator fines US bank £35m for breaking reporting rules

The UK financial regulator has issued the Bank of America's Merrill Lynch a £35 million fine for violating transaction reporting rules
rising employment

Real wages fall despite rising employment

Data shows that when inflation is taken into account wages are declining despite the rising employment broadcasted by the government
blockchain

The rise and future of Blockchain

In this article, the founder and co-founder of the Blockchain Federation provide insight into the future for a blockchain based purpose-economy
low-income tenants

Rents rising for low-income tenants

Low-income tenants have seen a rise in the proportion of their wages being spent on rent over the last 20 years, as revealed by new data

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