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5 Things You Need To Know, Today, on Thursday 9th March 2023
5. Britain's markets regulator and police have swooped on suspected illegal crypto cashpoints (ATMs) across east London as authorities step up attempts to disrupt unregistered businesses deemed high risk for consumers.
The Financial Conduct Authority (FCA), which last month launched a similar crackdown in Leeds, said it was reviewing evidence gathered from "a number of sites" and might take further action.
4. The Dutch government says before the summer it will put restrictions on the country's "most advanced" chip exports to protect its national security, following a similar move by the US.
The Dutch government had considered "the technological developments and geopolitical context," without naming China or ASML, one of the most important firms in the global microchip supply chain, based in their country.
3. Britain has no clear strategy on how it plans to meet a target of decarbonising its electricity system by 2035, risking efforts to boost energy security, the country’s climate change advisers said.
Britain has a target to reach net zero emissions by 2050 and is also seeking to improve its energy independence in the wake of record high energy prices following Russia’s invasion of Ukraine, requiring a huge scale-up of renewable power generation such as wind and solar.
2. Consumers have developed money-saving shopping habits to help stave off problem debt as the cost of living has soared, according to Barclays.
People have cut back on non-essential spending on things like clothes and dining out, data from UK debit and credit card transactions suggested.
1. The RMT has said planned strike dates on 14 train operators will go ahead, but they insist they are open to discussions with bosses.
The union said the Rail Delivery Group (RDG), representing 14 train operators, invited them to discussions to settle its ongoing dispute, but on the condition that planned strike action on 16 and 18 March is suspended.