Bitcoin price has smashed the $500 mark November 4, 2015 Bitcoin has gone through the roof, with the cryptocurrency passing $500 – a new 2015 high. The digital currency has surged 50 per cent in the past five days alone, as its gains have begun accelerating dramatically on the back of the EU’s recent decision to accept it as a currency. Charles Hayter of CryptoCompare [...]
Morgan Stanley analysts: There’s a one in three chance of Brexit – which could lead to recession, a divided Conservative party and second Scottish independence referendum November 4, 2015 There is a one in three chance of the United Kingdom voting to leave the European Union, according to analysts at Morgan Stanley, who believe an "out" vote could lead to recession, rising inflation and uncertainty for the UK. The investment bank has placed a 35 per cent chance on the UK voting to leave the EU in [...]
Why is the Federal Reserve reluctant to raise interest rates? After six years of growth, the US economy still has problems to solve November 4, 2015 It has been six years since the U.S. economy left recession and in that time the world’s economy has continued to see its position improve. However, with interest rates still at record lows and no sign of a move in sight, is the world’s largest economy really out of the emergency room? The U.S. economy [...]
Prime Minister’s Questions: Labour leader Jeremy Corbyn hammers David Cameron on tax credits again November 4, 2015 In this week's episode of Prime Minister's Questions, Labour leader Jeremy Corbyn grilled Prime Minister David Cameron on tax credit changes again. Read more: David Cameron's first PMQs in full Tory goverment: The bunfight returns Corbyn said he had asked Cameron the same question six times last week and the Prime Minister failed to give him [...]
London house prices: Peckham pre-fab shack auctioned for almost £1m November 4, 2015 More London house price madness: a tiny pre-fab bungalow on a street corner in Peckham has sold for just under £1m. The tumble-down bungalow, on the corner of Costa Street and McDermott Street, close to Peckham Rye Common, went under the hammer with a guide price of £590,000 – but sold for £950,000, at an auction on [...]
NHS junior doctor salary rise 2015 UK: How does pay compare to other professions? And will health secretary Jeremy Hunt’s offer make much difference? November 4, 2015 Earlier today, health secretary Jeremy Hunt offered an 11 per cent salary increase to junior doctors across the country. If the change is introduced, it will take the starting salaries of 50,000 NHS doctors up from £22,636 to £25,500. But the rise isn't just a random act of generosity towards the medical profession – Hunt [...]
Christmas adverts 2015: Here are some of the best spots so far from Lidl, Asda, TK Maxx, PayPal and Mulberry November 4, 2015 We're just a few days into November but the clash of Christmas retailer ads has already begun, with a plethora of festive spots being released in the last couple of days. Watch: The 2015 John Lewis Christmas advert finally released The biggies are yet to drop – most notably John Lewis, which is artfully building [...]
Mapped: The Crossrail effect – from Tottenham Hale to New Southgate, how London’s largest infrastructure project has affected house prices November 4, 2015 After years of talking about it, Transport for London finally began its consultation on Crossrail 2 last week, proposing a new route which will run from Cheshunt to Epsom, Chessington and Shepperton. But while the consultation has just begun, the second branch of Crossrail may have already began taking an effect on house prices [...]
Christmas adverts are great, but retailers including John Lewis, Asda and Lidl must live up to the hype November 4, 2015 You could feel the anticipation earlier this week as the first of the Christmas adverts landed. Asda and Lidl were among the first to showcase their festive offerings, while John Lewis announced its ad launch in advance, giving the nation several days to get excited before the big reveal, which happens at 8am this Friday. Watch: [...]
TalkTalk hack: Dido Harding and other execs could face grilling from MPs November 4, 2015 Executives at telecoms giant TalkTalk could face a grilling from MPs later this month as part of an influential parliamentary committee's investigation into the company's latest data breach. MPs on the Culture, Media and Sport committee announced this morning that they are launching an inquiry into the "circumstances surrounding" the recent cyber-attack on Talk Talk's website. The committee [...]