Lloyds Bank, Bank of Scotland, Halifax and MBNA ban bitcoin and other cryptocurrency credit card purchases February 5, 2018 Lloyds Banking Group has banned customers from buying bitcoin and other cryptocurrencies using credit cards, as a wave of banks around the world fear being on the hook for big losses if the cryptocurrency sell-off continues. The ban, which comes into effect today across all of the British banking giant’s brands, will mean cryptocurrency exchanges [...]
Bitcoin bubble? Price (BTC) of cryptocurrency falls back below $9,000 February 4, 2018 Bitcoin is back below $9,000 after recovering from a major sell off on Friday which had sent the cryptocurrency plunging lower than $8,000. It was trading at around $8,500 on Sunday, down seven per cent from Saturday when it had started to stabilise from a major downturn that wiped billions from its value late last [...]
Bitcoin (BTC) price heads towards $8,000 as concerns mount over regulatory crackdown February 2, 2018 Bitcoin continued its downward trajectory this morning, edging closer to $8,000, as concerns escalate over a potential regulatory crackdown. The cryptocurrency was down 7.1 per cent to $8,411.67 at the time of writing, after falling below the £10k mark in the early hours of Thursday morning. Yesterday, research revealed bitcoin’s losses for January totted up [...]
One month after the Mifid II tsunami, the City is keeping its head above water February 2, 2018 This Saturday, City workers will be able to celebrate surviving through one month of a dreaded new regulatory environment. Bankers, traders and fund managers were welcomed back from the Christmas break – if they were lucky enough to have one – by the second Markets in Financial Instruments Directive, or Mifid II, touted as the [...]
Bitcoin price (BTC): $44bn wiped from its value in January 2018 February 1, 2018 The price of bitcoin has fallen to its lowest yet this year as its losses for January totted up to $44bn. The cryptocurrency fell below $10,000 overnight bookending a month where its value fell by 30 per cent, Bloomberg cakculates. Bitcoin had been closing in on $20,000 before Christmas but has since fallen with a [...]
Early Man film review: Aardman Animations returns to its roots with this prehistoric football fable January 29, 2018 Aardman Animations, creator of beloved duo Wallace & Gromit, rarely puts a plasticine foot wrong. Its stop-motion shorts featuring a northern inventor and his indefatigable hound are classics for the ages, destined to be repeated every Christmas from now until the fiery end of days, passed from adoring parent to amazed child. Then came [...]
Online stalwart Asos is in for a fashion face-off with Amazon’s wardrobe service January 26, 2018 What do Debenhams, House of Fraser, Mothercare and Asos not have in common? Cracking Christmas clothing sales. While the high street’s stalwarts struggled to attract bargain-hunting shoppers over the festive season, their smaller online-only rival yesterday revealed a 30 per cent rise in sales for the final four months of 2017. Asos, or as As [...]
Fuller, Smith and Turner posts “solid” numbers as consumers pick premium pubs January 25, 2018 London brewery and upmarket pub group Fuller, Smith and Turner delivered a “solid performance” in an update this morning. In the 42 weeks to 20 January, like-for-like sales across managed pubs and hotels grew three per cent, while profits from tenanted inns were up two per cent. Beer and cider volumes were flat. Read more: [...]
The digital nomads: How to pack a suitcase and start a new life working from abroad January 25, 2018 Who among us hasn’t dreamed of jacking in their day job to trade forex from a laptop in Malibu or open a beach bar in Thailand? You might have read The 4-Hour Work Week by Tim Ferriss and asked why you haven’t yet “escaped the nine-to-five to live anywhere and join the new rich”. I [...]
Tesco announces it is cutting 800 UK jobs January 22, 2018 Tesco is cutting 800 jobs within the business in a bid to simplify its operations. The UK’s biggest supermarket is removing all people managers and compliance managers from its large stores and fulfilment centres, and is removing its customer experience managers. Read more: Tesco “outperforms market” with Christmas sales rise As a result of the [...]