Economic News
There's more to life than Bitcoin: Ethereum, the other cryptocurrency giant
Promoted Cryptocurrencies have become one of the most popular assets in trading in recent times, but digital currencies are much more than Bitcoin. Ethereum is another of these big virtual exchanges created in the last few years, and is currently known as the second most-valued and used in the world.
Litecoin - the perfect complement to Bitcoin
Promoted Cryptocurrencies have become one of the most popular assets to invest in in recent times. After the technology of ‘blocks’ there have been many payment methods which are threatening to end financial intermediaries.
Everything you need to know about investing in Bitcoin
Promoted Bitcoin is the new digital currency everyone is talking about. Little assets have garnered the same amount of allure and mystery that the cryptocurrency has over the last few years, with millions of investors backing it to record highs this year. One of the most volatile and exciting assets on the market, one Bitcoin has risen from just under $1000 at the beginning of 2017 to more than $7000 towards the end of the year. Here’s everything you need to know about the enigma that is Bitcoin.
Unlicensed vehicles on UK roads on the rise in 2017, new government data shows
The amount of unlicensed vehicles on UK roads rose in 2017 in comparison to 2015, prompting fears that roughly £100m Vehicle Excise Duty revenues might be lost over the course of the year.
Fed's Mester says impact of ageing on interest rates is unclear
The impact that older demographics will have on interest rates is unclear, a top US central bank official believes.
Friday preview: Nothing major expected
Friday looks likely to be deathly quiet compared to the bustle of the previous days, with no major UK macroeconomic data and a quiet day scheduled in the company diary.
NAHB housing market index hits eight-month high in November
Sentiment among US housebuilders unexpectedly improved in November, hitting an eight-month high, according to data released on Thursday.
Autos and chemicals boost US industrial production in October
US manufacturing roared back into life in October, amply offsetting a large drop in mining output.
US import prices rise by less than forecast in October
Import prices in the States rose by less than expected last month despite a large increase in the cost of fuel imports.
PM to 'take charge' of housing as housing associations pledge homes boost
A UK house-building surge is on the cards as Prime Minister Theresa May pledged to take "personal charge" of fixing the housing market, while a significant technical change is expected to produce a major boost in output from housing associations.
US jobless claims unexpectedly rise
The number of Americans filing for unemployment benefits unexpectedly rose last week, according to data from the Labor Department.
Indian Supreme Court demands Government regulate Bitcoin
The Supreme Court of India called on the nation's government on Tuesday to take steps to regulate the use of crypto-currencies such as bitcoin.
Philly Fed index slips by more than forecast in November
Activity in the US mid-Atlantic factory sector cooled slightly more than expected in November, the results of a widely-followed survey revealed, although a key sub-index tied to the pace of new orders continued to push higher.
UK may increase offer for EU Brexit divorce bill - report
Prime Minister Theresa May is mulling a potential £20m increase to the Brexit 'divorce bill' to the European Union in order to move talks onto the next stage, according to a newspaper report on Thursday.
Euro area CPI slips in October, Eurostat confirms
Consumer prices in the euro dipped in October amid broad-based declines outside of food, alcohol and tobacco.
Bitcoin getting 'more attention than it deserves' - Morgan Stanley CEO
Investors who think Bitcoin is a stable investment are “deluding themselves”, Morgan Stanley CEO James Gorman has said.
Europe makes progress with China on steel dumping talks
The European Commission and China have agreed to cooperate on trade and competition, after the two sides set up a dialogue on state aid.
UK retail sales growth fall to lowest in over four years
UK retail sales bounced back more than expected last month but showed the first annual decline in four and a half years, with the prognosis for the sector remaining grim amid the ongoing squeeze of household budgets.
Mugabe remains under house arrest as Zimbabwe waits on army
Zimbabwean president Robert Mugabe remains under house arrest in the capital of Harare as citizens of the country wait on the next move of the army.