General Articles

Brexit Briefing: EU And UK In Talks Stalemate

Britain and the European Union still seem poles apart in the latest round of Brexit negotiations despite efforts from London to try and break the deadlock. Three issues are dogging the talks and even an intervention from British Prime Minister Theresa May aimed at moving the stumbling blocks has failed to see any significant progress […]

Bitcoin Cash Trading Pulled On Insider Trading Rumours

The world’s largest cryptocurrency exchange pulled the plug on trading Bitcoin Cash after fears insider traders were manipulating the price. Bitcoin Cash is a spin-off of virtual currency Bitcoin designed as an upgrade to shorten transaction times. Developers rewrote some of the blockchain technology underpinning online currencies to allow servers to crunch bigger lumps of […]

Expat Wins Right To Take Job Gripes To British Tribunal

Expats working overseas for British companies may take claims before UK employment tribunals following a landmark ruling. Lawyers claim the case could mean thousands more employees scattered around the world working for British-based firms gain protection from employment laws in the UK. Until the case went before a tribunal, the general rule was where a […]

Tax-Free P2P Booming As High Interest Rates Draw Lenders

City regulators  have granted approval to several new ISA  wrappers that allow tax-free peer-to-peer lending. Peer-to-peer lending (P2P) lets investors pool their cash to earn more interest than many traditional savings offers. New innovative finance ISAs let investors lend up to £20,000 a year – although the ISA limit can be spread over the three […]

Brexit Could Have Been Worse For The UK, Says Economists

Brexit’s not that bad really, says economists who forecast recession and financial chaos after the June referendum to leave the European Union. As the world moves on, successive companies claim they have suffered no downturn on their profits from Brexit. The Organisation of Economic Co-Operation and Development (OECD) even reckons Britain will be the only […]

Cold-Calling Con-Men Warning For Would-Be Investors

Fraud investigators are warning investors not to fall for promises of untold riches made by tricksters who call them out of the blue. The government’s Insolvency Service is concerned that so many investors hand their savings to crooks offering alternative investments with unrealistic returns. In the latest, Gary Arnold, 31, of Waltham Forest, East London, […]

Brexit Is Go As May Triggers Article 50

Britain has finally started talks to leave the European Union after the Brexit referendum voted ibn favour of the split. Nine months and a few days after the referendum, Prime Minister Theresa May has written to European Council president Donald Tusk. Her six-page missive basically said thanks for having us, but we’re off and would […]

Markets Wait On Fed For Interest Rate Rise

All eyes are on the US Federal Reserve as interest rates were left at a record low of 0.25% by the Bank of England in the face of better than expected economic data. Markets are waiting with bated breath for the Fed to hike interest rates – which chair Janet Yellen has hinted will happen […]

90% Of Retirement Savers Can’t Spot A Scam

Most retirement savers are confident that they can spot a pension fraud – but nine out of 10 picked a scam when asked to choose from three mock-up adverts offering financial advice. Consumer watchdog Citizens Advice asked 2,000 people whether they felt safe from scammers, and 75% said they were confident they could spot a […]

Is Another Global Housing Bubble Set To Burst?

Bankers are warning that house prices are too high despite years of correction since the credit crunch – and that another bubble may burst pushing the global economy off course again. The problem, say experts as Swiss bank UBS, is that a bubble is only spotted on bursting but if historic events that led to […]