BT will sell fridges and subscriptions in push for more customers October 18, 2023 BT is branching out from its telco business into household appliances and a subscription service in a rebranding effort to accelerate customer growth.
Triple lock: Pensioners could be set for inflation-busting state pension rise next April October 18, 2023 Under the triple lock, the state pension usually rises each April by inflation, wages or 2.5 per cent – whichever is higher.
UK remains world’s third largest crypto economy, and biggest in Europe October 18, 2023 A Chainalysis update shows the UK remains the world's third largest digital asset economy, and the biggest throughout Europe.
Lloyd’s of London warns major cyber attack on payments could cost world $3.5 trillion October 18, 2023 A major cyber attack on a financial services payments system could cost trillions, Lloyd's has found, as demand for cyber insurance booms.
Credit insurer cover cuts leave retail sector reeling October 18, 2023 Credit Insurers have been dragged into the spotlight after it emerged that they have pulled cover on a host of some of the country’s biggest retailers over the past few months. Both Boohoo and Asos have been hit by insurers withdrawing cover on their transactions. Over the summer, it was revealed that Allianz Trade, formerly Euler [...]
Global satellites soon to contribute more than £370bn to UK economy October 18, 2023 The UK Space Agency has launched an 18-month programme to help more businesses unlock the benefits of satellite data and services.
With annual reports in the hundreds of pages, who has time to run a business? October 18, 2023 Financial reports for City firms now run into the hundreds of pages, creating an undue burden for businesses just trying to do their job, writes Patrick Spencer.
Ministers ditch City reporting overhaul after backlash against more red tape October 16, 2023 The government has ditched its own plans to introduce burdensome new reporting requirements to UK companies today amid concerns over the amount of red tape tangling up British firms.
Howden seals £500m support to turn tech start-ups into underwriters October 16, 2023 Howden has secured £500m of delegated underwriting capacity backed by a group of Lloyd's of London firms for a newly launched division that aims to turn tech start ups into underwriters.
SEC rekindles Spot Bitcoin ETF hopes as FTX’s downfall becomes clearer October 16, 2023 Data from CryptoCompare shows the price of the flagship cryptocurrency Bitcoin (BTC) started last week moving down from around $27,500.