Brussels’ plan is to ban private cryptocurrency wallets to “ensure full traceability” in transactions to stop “money laundering or terrorism financing”. Cryptocurrency wallets are usually anonymous and can be set up without the need for third-party authorisation such as a bank. Now
Brussels’ plan is to ban private cryptocurrency wallets to “ensure full traceability” in transactions to stop “money laundering or terrorism financing”. Cryptocurrency wallets are usually anonymous and can be set up without the need for third-party authorisation such as a bank. Now
Land said: “Nearly 150,000 people were affected by these banks’ breaches, with the majority being former Monzo customers. This may have made things harder for people trying to borrow money or apply for a mortgage.” He continued: “The CMA’s work in the
Jeff Bezos’ company is now seeking to hire a cryptocurrency expert for this very purpose. A spokesperson for Mr Bezos’ company, which has a market capitalisation of $1.6trillion, said: “We’re inspired by the innovation happening in the cryptocurrency space and are exploring
“The significant reductions we’re making across a wide range of our mortgages demonstrates our ongoing support for all types of borrowers and, by expanding our range with the launch of new three-year products, we are also giving them even more choice when
Currently, this allocation is determined based on the accounting period ending in the tax year. In their description of the new policy’s objective, the Government said: “The overall objective of the proposal is to simplify the taxation of trading profits. This is
Once it reaches 100,000 signatures, the petition and wider pension age debate can be discussed in Parliament. Citing the impact of the pandemic, the pandemic demands urgent action on the age at which people become eligible for payments. Specifically, the petition emphasises
As part of the Conservatives’ winning 2019 General Election manifesto, the Government committed to addressing pension inequality. The manifesto stated: “A number of workers, disproportionately women, who earn between £10,000 and £12,500 have been missing out on pension benefits because of a
Rishi Sunak recently welcomed “milestone progress” on global tax reform as G20 finance Ministers met in Venice. On July 10, HM Treasury shared the Ministers present fully endorsed a global tax agreement and called for swift action to finalise the details by
The TV licence fee is currently set at £159, and must be met by anyone who wishes to watch live television, on any channel, in the home. Over 75s previously enjoyed a free TV Licence, however, after a rule change in August 2020, this
Universal Credit was increased as a result of the pandemic to provide support to those who needed it most. The uplift of approximately £20 per week was widely welcomed, but only intended to be a temporary measure. Now, Work and Pensions Secretary Therese