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Monthly Archives: December 2017
Bitcoin has begun trading on a major exchange for the first time.
The digital currency launched on the CBOE futures exchange in Chicago at 23:00 GMT Sunday, allowing investors to bet on whether Bitcoin prices will rise or fall. Its value had surged in the run-up to its futures debut, which saw … Continue reading
Ban pension cold-calling now, MPs demand
Cold-callers trying to sell pensions could be banned by next summer if the government acts now, a group of MPs has demanded. Members of the Work and Pensions Committee said that otherwise, the ban may not happen until 2020. The … Continue reading
Online the winner in Black Friday sales frenzy
A whopping £1.4bn was spent on online sales in the UK on Black Friday – up some 11.7% on last year, according to online retailer’s trade body IMRG. But on High Streets, shopping centres and retail parks it was a … Continue reading
Bank of England can cope with Brexit
The UK banking system can continue to support the real economy through a ‘disorderly’ Brexit, the Bank of England has said. The Financial Policy Committee published its results for the 2017 bank stress test today. While it found that the … Continue reading