Finance
SPACs On their way to UK
When the Financial Conduct Authority (FCA) made substantial changes to its rulebook last year in order to attract a slice of the SPAC (special purpose
- July 24, 2026 2:02 pm
When the Financial Conduct Authority (FCA) made substantial changes to its rulebook last year in order to attract a slice of the SPAC (special purpose
Asian shares fell, extending a global slump after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates. This is due to
Ireland ran a lower-than-expected 2021 budget deficit of around 4% of the economy. This is due to a surge in tax receipts, which includes another
The U.S. dollar edged up after a flurry of economic data. This includes weekly labor market numbers, in a more muted move a day after
Historically, there has been a significant barrier to entry for community banks and credit unions to fulfil their customers’ foreign exchange (forex) transaction needs. They
Asian stocks slipped following a mixed Wall Street session as higher U.S. Treasury yields weighed on global tech firms. This pushed the dollar to a
Sterling rose against the dollar and edged up on the euro. This is despite official data showing Britain’s economy grew more slowly than previously thought
Norway’s $1.4 trillion wealth fund has divested from Chinese pharmaceutical firm Yunnan Baiyao. They say that this decision was because the company uses and sells
The European Union won’t suddenly pull up the drawbridge on Britain’s financial services sector. Reducing reliance on the City of London for euro clearing could
The dollar rose to a 16-month high. This is after data showed U.S. consumers looked past rising prices. And they drove retail sales higher than
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