Tag: Rishi Sunak

A group of financial institutions managing assets worth £1.5tn have expressed their concerns about the UK’s net zero transition in a letter to Rishi Sunak.

Rishi Sunak could be about to enter battle with City of London regulators after he confirmed the government will press ahead with new intervention powers for ministers. 

UK Chancellor of the Exchequer Rishi Sunak has revealed that the UK will force financial institutions to publish its plans on how they will transition to net zero.

Rishi Sunak has demanded two reviews of the country’s financial regulation linked to supply chain finance followed the collapse of Greensill Capital earlier this year.

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.

The UK FinTech community has welcomed Ron Kalifa's review, but stakeholders argue the government must do more to take the sector seriously and protect the nation's position as an industry leader.