Tags: UK
Russia Suspiciously Received $20 Billion Crypto Transfers; US And UK Now Investigating
The US and UK are investigating cryptocurrency transactions exceeding $20 billion routed through a Russian-based virtual exchange, part of their strategy to combat sanctions evasion linked to Vladimir Putin's actions in Ukraine.
The UK Government Cuts NatWest Stake, No Longer Controlling Shareholder
UK government slashes NatWest stake to 29.8%, no longer controlling shareholder. According to statements from the finance ministry on Monday, Mar. 25.
Vodafone and Three Merger: UK Gives Telcos 5 Working Days to Address Competition Concerns to Avoid in-Depth Probe
The UK's Competition and Markets Authority (CMA) will thoroughly investigate the merger between Vodafone and CK Hutchison's Three unless the two mobile carriers address the regulator's concerns.
UK Inflation Rate Drops to 3.4% in February — Its Lowest Level Since September 2021
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.