Lloyds Bank suffers IT outage as customers struggle to send and receive money January 18, 2019 Thousands of Lloyds Bank customers were unable to make payments this afternoon after the bank experienced an IT outage. Customers complained of difficulties transferring money from their accounts due to issues related to the lender's Faster Payments system, which allows customers to send and receive payments by internet or phone. "We are aware that some customers [...]
Rahaf Mohammed has lifted the veil on the brutal Saudi regime January 17, 2019 Rahaf Mohammed is at first glance an unlikely harbinger of change in Saudi Arabia. Teenage girls usually know their place in Saudi society: unlike the Victorian child, they are neither to be seen nor heard. But her near-miraculous escape from the clutches of Saudi authorities, which sought to forcibly return her to a family outraged [...]
Eager for a house price fall? It’s time for a lesson in economics January 15, 2019 Would it be a good thing if house prices in the UK fell? The British public, a host of commentators on Twitter, and even some economists seem to think so. A recent YouGov poll asked Britons whether a 30 per cent fall in property values after Brexit would be a “bad thing”. Just 32 per [...]
Digital finance technology is wonderful, but we must design it with consumers’ best interests at heart January 10, 2019 Every morning, I browse my phone as I commute to work. I check my emails, the news, Twitter, and increasingly I open my various finance apps. I recently logged into my investment platform app and made a new investment – £1,000 in a startup Swedish retailer. Once the money was invested, I was applauded with [...]
Olivia Colman’s Golden Globe award acceptance speech is a masterclass in public speaking January 9, 2019 We may not all win Oscars or Baftas, but that doesn’t mean that we cannot learn from the best acceptance speeches made by the world’s top performers. This week’s Golden Globes ceremony is a prime example, as British stars Olivia Colman and Christian Bale scooped up awards for best actress and actor respectively. In light [...]
Markets lift as US-China trade talks reach conclusion January 9, 2019 Trade talks in Beijing between China and the US have concluded, with the results of the negotiations expected to be announced shortly. Asian markets lifted this morning on hopes that a deal had been secured. Hong Kong’s Hang Seng Index closed up more than two per cent and the Shanghai Composite was up almost one [...]
Japanese billionaire businessman takes crown for most retweeted tweet January 7, 2019 A Japanese fashion billionaire has taken the crown for the most retweeted tweet of all time after receiving 4.5m retweets for a message he posted on the micro-blogging site on 5 January. Yusaku Maezawa, who founded Japanese online clothing retailer Zozo, also received 1.1m likes for his tweet and 293,000 comments. ZOZOTOWN新春セールが史上最速で取扱高100億円を先ほど突破！！日頃の感謝を込め、僕個人から100名様に100万円【総額1億円のお年玉】を現金でプレゼントします。応募方法は、僕をフォローいただいた上、このツイートをRTするだけ。受付は1/7まで。当選者には僕から直接DMします！ #月に行くならお年玉 pic.twitter.com/cKQfPPbOI3 — [...]
Tesla to break ground on Shanghai Gigafactory today, says Elon Musk January 7, 2019 Tesla shares rose at least four per cent today on the news that the company planned to break ground at its Shanghai Gigafactory and drive forward plans to build Model 3 electric vehicles in China by the end of the year. Initial construction of the $2bn (£1.57bn) factory will be completed this summer, Tesla chief executive Elon Musk [...]
Trump strikes upbeat tone on talks with China ahead of crucial trade summit January 6, 2019 President Donald Trump reiterated his confidence in striking a trade deal with China this evening after insisting that weaknesses in Beijing’s economy gave the country incentives to work with the US. Ahead of crunch talks between US and Chinese trade representatives in Beijing later this week, Trump said: “I think China wants to get it resolved. [...]
Telegraph hires Waitrose Food editor William Sitwell who resigned after vegan row January 3, 2019 The Telegraph has hired the former Waitrose Food magazine editor who stepped down after suggesting vegans should be force-fed meat, the company said today. William Sitwell, who resigned from the supermarket magazine after making comments about “killing vegans” in an email to a journalist, will join the Telegraph as a restaurant critic, writer and commentator. [...]