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UK Invests
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- 1
A UK court ruling has complicated the Chinese government's attempt to claim roughly 61,000 bitcoin linked to a major fraud case. The decision raises questions over whether Beijing can recover the cryptocurrency, reportedly worth billions of dollars, held in connection with an investment scam prosecuted in Britain. The case highlights ongoing disputes over ownership of large seized bitcoin hoards across jurisdictions.
- 2Heat pump subsidy cuts to fund defence spark anger●Slashing the heat pump subsidy to fund the megapolluting arms industry is not only economically illiterate, it will deci
Critics in the UK are attacking Labour's reported plan to cut the heat pump subsidy and redirect funds toward defence spending. Opponents argue the move would damage the emerging heat pump industry and undermine economic growth, saying investment should go to renewables rather than arms manufacturing. Supporters of the subsidy see the scheme as key to decarbonising home heating.