Decentralized finance surpasses 3 million users ahead of major Ethereum upgrade August 2, 2021 CryptoCompare’s data shows that the price of Bitcoin (BTC) went sideways throughout the week, starting at around $38,000 and dropping to a $36,000 low before surging and testing the resistance at $42,000, which it failed to break through. Ethereum’s ether, the second-largest cryptocurrency by market capitalization, moved in a similar way throughout the week, from [...]
The vaccine rollout has been a success but it has still fallen prey to Whitehall inefficiency June 17, 2021 Dominic Cummings has yet again attempted a forced exorcism of Matt Hancock from the government. To the ex-special adviser, the Health Secretary represents everything wrong with Whitehall and its bureaucracy: a failure to innovate, to find creative solutions or to ensure pinch points of stasis in existing symptoms do not become endemic. In this, at [...]
UK house price growth slowed in January as buyers paused due to new lockdown March 24, 2021 UK house price growth slowed in January compared to the previous month as buyers paused due to the introduction of new lockdown measures and uncertainty over the length of the stamp duty holiday, according to the latest official data. Average house prices increased by 7.5 per cent over the year to January, down from eight [...]
Consumer credit borrowing exceeds repayments for first time since August June 29, 2021 Households borrowed more in consumer credit than they repaid in May for the first time since August, according to Bank of England data published on Tuesday. Net consumer credit was £280m in May, reversing a trend seen throughout the majority of the pandemic as households reined in spending whilst the economy was shuttered. The positive [...]
Pandora Papers leak: Putin, Tory donors and the King of Jordan among the rich and powerful with financial secrets exposed October 3, 2021 The secret deals and hidden assets of the world’s most powerful politicians and billionaires have been revealed in the biggest leak of financial offshore data in history. More than 100 billionaires, 30 world leaders and 300 public officials’ undercover dealings have been exposed in a joint investigation by BBC Panorama with the Guardian and other [...]
Mortgage approvals grow despite Brexit uncertainty September 25, 2019 The number of mortgages approved by banks grew last month despite the ongoing uncertainty surrounding Brexit. In total, 85,931 mortgages were approved by the main high street banks in August and mortgage approvals for home purchases were 3.2 per cent higher than the previous year as the 31 October Brexit deadline approaches. Read more: First-time [...]
Energy crisis deepens as Bulb enters special administration amid soaring wholesale costs November 22, 2021 Bulb has collapsed into administration amid soaring wholesale energy costs that have caused 21 suppliers to cease trading since September.
UK house prices grow at slowest rate for six years October 7, 2019 UK house prices grew at their slowest annual rate in six years in September, a closely-watched gauge has revealed, as Brexit uncertainty continues to smother activity in the sector. Read more: UK house prices: Brexit holds back September growth House prices grew by just 1.1 per cent over the last year, undershooting economists’ expectations of [...]
Let’s take a look at the world of crypto exchanges July 2, 2021 Alex Lightman delves into the world of crypto exchanges, explains how they work and the role they play in our use of cryptocurrency.
UK remortgaging rate jumps as owners cash in on low interest rates May 16, 2019 The number of people remortgaging their homes with additional borrowing spiked in March, according to data released today, as people took advantage of favourable interest rates. Read more: Experts warn of 'bumpy ride' for UK house prices Meanwhile the number of new loans to both movers and first time buyers fell in March year-on-year, figures from [...]