Category: Licence

  • Gambling Commission seeks settlement with Richard Desmond over £200m lottery licence dispute

    The UK Gambling Commission is preparing to settle a £200 million legal claim from media tycoon Richard Desmond in relation to the award of a National Lottery licence, with the aim of resolving a dispute that has hampered technological upgrades. The UK gambling regulator is reportedly moving to settle a…

  • Gambling Commission seeks settlement with Richard Desmond over £200m lottery licence dispute

    The UK Gambling Commission is preparing to settle a £200 million legal claim from media tycoon Richard Desmond in relation to the award of a National Lottery licence, with the aim of resolving a dispute that has hampered technological upgrades. The UK gambling regulator is reportedly moving to settle a…

  • UK Sponsor Licence Requirements and Process

    The UK Government has established requirements for UK employers and businesses to obtain a sponsorship license if they intend to employ a foreign worker from outside or within the UK. There is no need for a company to be in operation for a certain period of time to apply for…

  • Impending expiry of U.S. sanctions licence threatens Russia’s yuan liquidity By Reuters

    Written by Elena Fabrichnaya MOSCOW (Reuters) – The expiration of a U.S. license allowing transactions involving pillars of Russia’s financial infrastructure could make doing business with Russian companies more difficult and costly, sources involved in imports and payments told Reuters. The yuan, which hit a near one-year high against the…

  • BAT sells factory parts on nicotine pouch licence flop

    Bat Kenya is selling the machines installed at its Nairobi nicotine pouch factory, which has been idle for about five years as the government has refused to grant a marketing license for the new product. The cigarette maker announced the decision on Thursday in a commentary accompanying its financial results…

  • Revolut Gains UK Banking Licence, Paving the Way for Expanded Services

    Fintech giant Revolut has finally been granted a long-awaited banking licence from the Bank of England’s Prudential Regulation Authority (PRA), boosting its ability to compete with traditional banks and providing improved consumer protection for millions of customers in the UK. It took Revolut three years to obtain this license, which…

  • Labour faces legal quandary over proposed North Sea licence ban

    The Labour government faces a major legal challenge over its commitment to an immediate ban on new oil and gas exploration licences in the North Sea amid an ongoing licensing round. After Labour secured power with a decisive election victory last week, its promise to halt new exploration licences in…