Fraud victims lost more than £27m to cryptocurrency and foreign exchange investment scams in the last financial year, new figures show.
“The change from atoms to bits is irrevocable and unstoppable.” It’s been over 20 years since Nicholas Negroponte made that claim in his groundbreaking book, Being Digital. He was describing the process of digitalization, making the point that atoms are the essential building blocks of the physical world, while bits are those of the virtual.
Political decisions have always affected social and economical aspects in a region – whether the change is as small as new parking restrictions, or as major as countries entering war with one another.
It is widely accepted that money can’t buy you love. Now a new study has found that it can buy you happiness – but only up to a point.
The UK economy expanded at its slowest annual rate in six years in 2018 after a sharp contraction in December. Growth in the year was 1.4%, down from 1.8% in 2017 and the slowest rate since 2012, the Office for National Statistics (ONS) said.
Long-suffering savers have seen little return on their money for years – so any rise in interest rates is likely to bring some good news.
The ECB announced that its bond-buying program will cease at the end of this year, something that had been expected by most in financial markets.
The European Central Bank (ECB) has confirmed it will end a huge programme to stimulate the eurozone economy in December.
Sections of the UK car industry face extinction unless the UK stays in the EU customs union, the president of the CBI has said.
The Australian economy has gone without a recession for 26 straight years and is still going strong, but the same can’t be said about the performance of its currency. Official data on Wednesday pointed to Australia starting 2018 on a strong note: Its gross domestic product expanded by 3.1 percent year-over-year in the first quarter, handily beating forecasts and avoiding a recession yet again. The Australian dollar rose 0.67 percent against the greenback after the GDP data release to 0.7666 per U.S. dollar – its strongest in more than a month. However, the currency is still down by 1.76 percent since the start of the year and 5.46 percent off its highest level in 2018 that […]