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Illustration of Bank of England easing stablecoin rules with a £40 billion cap and government debt reserves.
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Bank of England eases stablecoin rules with £40 billion cap

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The Bank of England has replaced proposed limits on individual and corporate stablecoin holdings with a temporary £40 billion issuance guardrail per coin. The move also allows issuers to hold more reserves in government debt while preparing for a 2027 launch of regulated stablecoins.

Keir Starmer said on Monday that he will resign as leader of the governing Labour Party and step down as the United Kingdom’s prime minister, after losing the confidence of Labour lawmakers.

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The Jacksons have announced a string of UK shows scheduled for November 2026. Original Jackson 5 members Marlon and Jackie Jackson will headline the dates billed as Jackson 5 Live In Concert.

Black Sabbath guitarist Tony Iommi, DJ Carl Cox and singer Cerys Matthews have been named in the King’s Birthday Honours list. The annual list recognises contributions across the arts, public services and charity. Several other figures from music, literature and animation also received honours.

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Fewer members of Gen Z are in steady relationships than Millennials were at the same life stage, according to new UK research that accounts for partners living apart.

The UK Department for Science, Innovation and Technology has proposed that Anthropic expand its London office and pursue a potential dual stock listing, according to a Financial Times report. This effort follows a dispute between the San Francisco-based AI company and the US Department of Defense. Officials aim to attract Anthropic amid ongoing tensions.

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Egypt's Minister of Investment and Foreign Trade Mohamed Farid stated that trade between Egypt and the UK reached approximately £2.8bn in 2025, including £1.5bn in Egyptian exports and £1.3bn in UK exports. He highlighted efforts to strengthen their strategic partnership and drive green economy investments during his opening speech at the Climate Finance Accelerator conference.

 

 

 

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