News 

Fury as decision on inquiry into Jennifer Arcuri affair shelved

“Sources close to the IOPC investigation said the watchdog was on the verge of announcing its decision on whether it was proceeding with a criminal investigation” reports theguardian.com. It has also emerged that London assembly members were told that the IOPC investigation would be “done and dusted” by the end of this month.Despite the postponement of the decision it is understood the investigation is ongoing, although it remains limited to a “scoping exercise”. Source: theguardian.com

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News 

Data shows huge spike in voter registration among under-25s

“A considerable spike in under-25s applying for voter registration was recorded during the first day of the general election campaign, according to government data” writes Ashley Cowburn for independent.co.uk. To vote in December’s election, individuals will have until 26 November to apply for voter registration through the government’s online system.This was the greatest number of under-25s applying for voter registration in one single day since 22 May 2017 – the deadline to vote during that year’s election – when 246,487 applied. Source: independent.co.uk

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GBP News 

Johnson Wins Preliminary Approval for December Election

“In a rare parliamentary success for Johnson after a string of defeats, his short bill calling for a Dec. 12 election was approved 438 to 20 in the House of Commons” writes Min Read for reuters.com. An election, though, could decide the fate of Brexit as well as the main players – Johnson, 55, and his rival Corbyn, 70.LONDON (Reuters) – Britain will hold its first December election in almost a century after Prime Minister Boris Johnson won approval from parliament on Tuesday for an early ballot aimed at breaking…

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Brokers Markets News 

Is your brokerage technology stable? UK government looks at high penalties for institutional IT failures

“It only takes a brief look at the incredible level of development that the UK has undergone over the past 20 years in terms of financial technology infrastructure” reports financefeeds.com. During the past few years, some of the most well recognized financial markets regulatory authorities in important regions for the FX industry have turned their attention purely to the OTC derivatives product range that most retail FX brokerages offer.Now, however, despite its gray suited lack of understanding of the architecture of financial systems, Britain’s Financial Conduct Authority (FCA) is considering…

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Crypto News 

Global Digital Finance’s Abdul Haseeb Joins London Summit 2019

“Join this insightful session to gain first-hand knowledge of the vast complexities of the cryptocurrency industry, directly from experience-based views of crypto champions” writes Jeff Patterson for financemagnates.com. Haseeb’s expertise in the crypto space will be on full display throughout his panel discussion.Haseeb joins other crypto luminaries and specialists to discuss a wide range of issues currently facing the industry. Source: financemagnates.com

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News Stocks 

Lt. Gov. Jon Husted to lead Ohio trade mission to London

“Jon Husted and other Ohio officials will spend this coming weekend in London, England as part of a trade mission” writes Tobias Atobias Cleveland for cleveland.com. While in London, Husted will be a keynote speaker at an economic development conference organized by the London Stock Exchange Group, which runs the United Kingdom’s largest stock exchange of the same name.Mike DeWine led a trade mission to Japan. Source: cleveland.com

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GBP News 

Brexit is ‘stopping UK from resolving deep economic problems’

“Brexit is stopping Britain from addressing deep problems with its economy, a former Bank of England governor has warned” writes Andy Gregory for independent.co.uk. The UK economy unexpectedly shrank 0.2 per cent in this year’s second financial quarter – its first contraction since 2012.Mr King, who governed the UK’s central bank for a decade until 2013, asserted the global economy would likely not suffer another financial crisis within the next 12 months. Source: independent.co.uk

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GBP News 

Citi’s Head of Euro Swaps Leaves Amid Relocations to France

“Estimates of the impact of the worst-case scenario on the jobs figures vary, but some reports expected that London could lose up to 250,000 financial jobs” writes Aziz Abdel-qader for financemagnates.com. Citigroup is reportedly parting ways with its long-serving executive Jason Cohen, the head of euro swaps trading, as the US bank is boosting its operations in France ahead of Brexit, efinancialcareers reports.The Wall Street lender revealed plans last year plans to relocate 63 jobs out of London, as it prepares for the possibility of a hard Brexit.The French capital,…

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