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BT says planning ‘roadblocks’ jeopardise £230bn boost to growth

BT has urged the government to remove “unnecessary roadblocks” from the planning system and increase the amount of spectrum available to mobile networks, or risk missing out on more than £200 billion in growth over the next decade. The rollout of the highest-speed fifth generation, or “5G standalone’’ (5G SA), network is being held back by […]

The new gold rush is a shiny temptation

There’s no denying that we have a soft spot for gold — it’s embedded in our language. The phrase “gold-plated” is used to describe something profitable or secure, something high quality is “gilt-edged”, and let’s not forget the “midas touch” ability to turn things to gold. Although the gold standard may have been abandoned as […]

US banks set to report $26bn windfall from tariff trades

America’s biggest banks are expected to report sharply higher second-quarter profits driven by a surge in activity as clients raced to rearrange portfolios in response to President Trump’s shifting trade policies. JPMorgan Chase, Citigroup, Goldman Sachs and Bank of America are together expected to post about $26.4 billion in revenues from equities and fixed income […]

Andrew Bailey warns banks against issuing their own stablecoins

The governor of the Bank of England has warned the world’s largest investment banks against issuing their own stablecoins, putting him on a collision course with the Trump administration’s backing of crypto assets. In an interview with The Times, Andrew Bailey said moves by some of the world’s largest banks to launch their own stablecoins […]

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