ATM Withdrawals Up First in Decade
Nationwide Building Society has recorded ATM withdrawals climb for the first time in 13 years as UK citizens try to minimize their spending by budgeting with cash
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European Stocks Outperform US Peers
Typically lagging behind on the global market scene, European stocks have shown tremendous gains in the past couple of months, more than double the growth of their US counterparts
UK Fintech Funding Slashed by 8%
Fintech funding in the UK remained ahead of the levels seen in Europe and Asia amid a sharp global slowdown, but still decreased about 8% compared to its 2021 value
UK Offers Tax Exemption for Foreign Crypto Investors
Starting Jan. 1 2023, foreign investors purchasing crypto through local UK investment managers or brokers are exempt from additional tax
UK’s сryptocurrency race. Everything you need to know about Britcoin
In April this year, the British finance minister Rishi Sunak announced the UK’s plan to launch a “Britcoin” or a central-bank-backed digital currency. The objective, Sunak said, was to help overcome some of the challenges facing cryptocurrencies such as Bitcoin. To kick off, the minister said a joint Treasury-Bank of England task force was being […]
Which Countries Use Polymer Banknotes
Polymer banknotes were first widely adopted in Australia. The country introduced them as currency in 1988, during its bicentennial year. By 1996, Australia had entirely switched to these plastic notes. Romania became the first European country to issue a polymer banknote in 1999. By 2003, it had also switched entirely to polymer currency, following in […]
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