Ethereum will become the backbone of a new financial system March 18, 2024 Looking back, the rise of blockchains and Ethereum as the foundation of the new financial system will seem equally inevitable. Last week, Ethereum developers launched the new Dencun upgrade. It significantly reduces the cost of transactions on so-called 'Layer 2s.'
Building Blocks: understanding the layers of blockchain technology March 18, 2024 All good things have layers. There are layers in good food, layers in good clothing and layers in good technology. Take for example a mobile phone. Here we have mobile networks, physical mobile devices, different operating systems and then the different apps available on the operating system. Each of these parts of a phone are layers: The network is Layer 1; the Operating system is Layer 2; and then App stores/apps are Layers 2/3.
House prices reach highest level in 10 months in March March 18, 2024 Green shoots continue to emerge in the property market as March welcomes the highest rise in house prices in 10 months.
Watch theft wave continues – with £1.5bn-worth lost or stolen in one year alone March 18, 2024 A sharp rise in theft has driven a more than threefold increase in the number of watches recorded as lost or stolen over the last 12 months, according to new data, as the value of missing timepieces hits £1.5bn.
City bosses expect strong second quarter while cutting costs amid economic pressure March 18, 2024 Financial services bosses are confident on their second-quarter results, according to a survey of more than 150 senior executives, despite the squeeze from inflationary pressures and higher borrowing costs forcing them to cut costs.
Manchester Airport could add £16.3bn per year to UK economy by 2050, report shows March 18, 2024 Regional political and business leaders have backed a report showing how further investment and government support for Manchester Airport could nearly triple its contribution to the UK economy and support 85,000 new jobs by 2050.
Government to fully fund apprenticeships for small firms, Rishi Sunak to announce March 18, 2024 The government will fully fund apprenticeships for small and medium sized enterprises (SMEs) with a £60m investment in up to 20,000 training places, Rishi Sunak will announce.
Labour announce asylum removals plans March 18, 2024 Labour have announced an immigration removals plan in a bid to see failed asylum seekers and foreign criminals returned faster.
Rich List: Over 1,100 City Hall ‘fat cats’ pocket more than £100,000 a year March 18, 2024 The number of City Hall staff earning more than £100,000 has soared to over 1,100 so-called ‘fat cats’, according to a new 2024 rich list.
The best way to bring house prices down is to get building March 18, 2024 Crash? What crash? A much-feared slowdown in house prices – due to hit last year – appears to have been more of a speed bump than a full snarl-up, with all the indicators now pointing green once again. That is of course good news for homeowners and will bail a few out of negative equity. [...]