Search Results for: Bank of England
The people who got burned by the Bitcoin boom
August 23rd, 2018
Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the US$23,000 ($34,638) he invested in several digital tokens ...
FCA reveals urban-rural differences in how consumers experience financial services
June 22nd, 2018
The Financial Conduct Authority (FCA) has published the latest analysis from its Financial Lives survey. Today’s report puts the spotlight on the financial situation of people across the UK and highlights where in the UK people may be more ...
A Market That is Finally Warming Up to Reverse Mortgages
October 24th, 2017
While the global pension crisis looms, the Brexit move may not have been a bad decision at all. The UK is seeing a greatly reduced pension deficit of £65 billion, which is a fair amount less than their American counterparts ...
UK’s financial regulator warns for unauthorised and clone firms
August 16th, 2017
The Financial Conduct Authority (FCA), the UK’s financial regulator regulator for 56,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms, has issued announcements to warn investors and public ...
Japan currency rises; Pound slips
May 23rd, 2017
Trump Concern, Manchester Blast Spur Risk-Off Tone Japan currency rises after latest report on Washington turmoil Pound slips after suspected terrorist attack at U.K. concert The yen rose with gold and U.S. equity-index futures fell as investors took a ...
$50bn Russian oil lawsuit set for next stage; Yukos
February 7th, 2017
Russian businessmen trying to overturn a decision to deny them a record $50bn arbitration award following the collapse of oil company Yukos will file their grounds of appeal next month. The businessmen are all ex-shareholders at the company, which ...
Dijsselbloem warns the U.K for turning into a tax haven
January 30th, 2017
Jeroen Dijsselbloem warned Britain not to “take a crazy backward step” on Tuesday. In an interview with the Dutch RTL, the President of the Eurogroup said that turning Britain into a tax haven would hurt both Britain and the ...
Malice in Wonderland
January 15th, 2017
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a ...
Football Leaks: Corruption of the game
December 5th, 2016
From where did the largest dataset leak in the history of sports come? And who is the man who exposed the corruption and tax scheming – the individual who is now being hunted down by the giants of the ...
NatWest sets up alternative finance panel for loan referrals
November 1st, 2016
NatWest has set up a panel of alternative lenders to which business customers can turn if they fail to qualify for a loan from the UK bank. The panel, called ‘Capital Connections’, builds on NatWest’s existing referral partnerships with ...
