City minister battles for UK to issue blockchain gilts October 2, 2024 City minister Tulip Siddiq is pushing for the UK to begin issuing gilts on the blockchain, despite resistance from other areas of the government. ‘Digital gilts’ would be a government bond issued and traded using blockchain technology, and Siddiq has been fighting for the prospect to modernise the UK financial system. “The underlying asset would [...]
London Stock Exchange boss warns AIM is under threat of collapse September 23, 2024 London’s junior market AIM is under threat of collapse from potential plans to hike taxes on its shares in next month’s budget, the chief of the London Stock Exchange has warned the government. In a letter to City minister Tulip Siddiq, LSE boss Dame Julia Hoggett said that the “ongoing viability” of AIM would be [...]
Banks’ fraud loss coverage reportedly to drop to £85,000 after industry backlash September 3, 2024 The maximum fraud losses banks are obliged to cover is set to drop to £85,000, down from a planned £415,000, according to a report.
Nobody could have known how bad the economy was, but we will fix it July 30, 2024 City A.M. readers deserve a government that offers a realistic plan to seize growth, support the City to flourish and make every part of the country better off, says Tulip Siddiq We were elected on a mandate to deliver change. That means being honest with the public about the scale of the challenge in front [...]
Labour’s big challenge will be separating style from substance July 17, 2024 Rachel Reeves said that one day in government is better than a lifetime in opposition. Let’s hope Labour don’t flunk their first real test.
City minister Tulip Siddiq: Fixing the foundations of our economy is ‘now a national mission’ July 16, 2024 In her first words to a business newspaper in this role, Tulip Siddiq tells the Square Mile she is committed to growth of financial services.
Who’s who in Labour’s new look Treasury and business teams? July 11, 2024 Post-election and cabinet appointments, we’ve rounded up who's who in the government's new-look Treasury and business top teams.
City ‘stands ready’ to work with new Labour government on growth July 8, 2024 Business lobby groups and the City of London have said the sector “stands ready” to work with Keir Starmer’s new Labour government on realising growth.