BUSINESS

Central Bank Digital Currencies Herald a New Chapter for the Monetary System

Posted: 23 June 2021
The Bank for International Settlements' Report lays out the design choices for CBDCs, which, alongside cash, would be issued and backed by a central bank, and offers an economic analysis of their implications for consumers, financial institutions and the central bank itself.
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Global Banking Regulator Proposes Tougher Capital Rules for Cryptoasset Holdings in Banks

Posted: 10 June 2021
The proposals split cryptoassets into two broad groups: those eligible for treatment under the existing Basel Framework with some modifications; and others, such as bitcoin, are subject to a new conservative prudential treatment.
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Changes to PROOF Service Will Enhance Security of Company Filings

Posted: 1 June 2021
The Companies House's changes will help prevent unauthorised company name changes.
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UK-Viet Nam Free Trade Agreement Enters into Force

Posted: 1 May 2021
The UK and Viet Nam have a strong and growing bilateral trade relationship and share a strategic commitment to global trade, the free flow of capital and investments.
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UK and Jordan Trade Agreement Comes Into Effect

Posted: 1 May 2021
The agreement will ensure ambitious trade cooperation with Jordan while also securing continued preferential trade for British and Jordanian businesses and consumers helping to boost vital trade and investment.
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It Is Never Too Early for SMEs to Consider Intellectual Property

Posted: 28 April 2021
Explore how the Intellectual Property Office’s IP for Business tools and training can help SMEs take their ideas to market.
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UK Sanctions 22 Individuals Involved in International Corruption

Posted: 26 April 2021
Individuals involved in some of the world’s most serious cases of corruption will no longer be able to channel their money through UK banks or enter the country thanks to new sanctions announced by Foreign Secretary Dominic Raab today.
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9 in 10 Pharmacies Now Offering Free Rapid COVID-19 Tests

Posted: 19 April 2021
Over 90% of community pharmacies in England now offering free, rapid tests for home use.
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UK and Serbia sign Partnership, Trade and Cooperation Agreement

Posted: 19 April 2021
The Agreement will ensure £682m trade can continue and grow between the two countries.
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Bank of England and HM Treasury Have Created a CBDC Taskforce

Posted: 19 April 2021
The new taskforce will examine the possibility of creation of BoE-issued digital money that would exist alongside cash and bank deposits.
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New Government Service to Support Quarantine Compliance

Posted: 13 April 2021
Those quarantining at home following international travel may now be visited by staff employed on behalf of the NHS Test and Trace service.
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Time Magazine Joins Other Companies in Holding Bitcoin on Balance Sheet

Posted: 12 April 2021
Time Magazine will accept Bitcoin as payment and plans to make an educational video series on cryptocurrencies.
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Global Travel Taskforce Proposes Framework to Safely Reopen International Travel

Posted: 9 April 2021
Recommendations include the launch of a new traffic light system and 'green watchlist', and the introduction of travel certification.
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Recovery Loan Scheme Launches Today

Posted: 6 April 2021
The new Recovery Loan Scheme will ensure businesses continue to benefit from Government-guaranteed finance throughout 2021.
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Fisheries and Seafood Scheme Opens for Applications

Posted: 6 April 2021
New scheme launches to provide £6.1 million over the next 12 months to support England’s seafood sector, coastal communities and marine environment.
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