Bitcoin’s resurgence continues in post-Christmas boom | City & Business | Finance

However, as the price of oil and gold responded to tensions between the US and Iran, investors also turned to crypto as the threat of war loomed. Market volume increased rapidly, and a jump above $7,000 immediately after the US airstrike killing Iranian military leader Qasem Soleimani in Baghdad was quickly followed by a leap to $8,400 within hours More...

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By admin On Friday, January 17th, 2020
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Pound US dollar exchange rate steady as doubts over US-China trade deal increase | City & Business | Finance

Julian Evans-Pritchard, Senior China Economist at Capital Economics, said that the deal was “mostly a rehash of existing commitments”, echoing a more general sentiment which has left US markets feeling jittery More...

By admin On Thursday, January 16th, 2020
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Pound euro exchange rate holds steady as ‘golden decade’ of German economic growth ends | City & Business | Finance

Euro traders have remained cautious, however, after yesterday saw the publication of Germany’s growth report, which showed its slowest rate of growth since 2013. Holger Schmieding, an analyst at Barenberg More...

By admin On Thursday, January 16th, 2020
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Universal Credit UK: Some claimants can save £1200 in tax-free bonus money with account | Personal Finance | Finance

That’s the difference between: The highest balance saved in the first two years (years one and two) The highest balance saved in the last two years (years three and four). Should the highest balance not More...

By admin On Wednesday, January 15th, 2020
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Openpay sets sights on retail for UK expansion | City & Business | Finance

Managing director Andy Harding said that the company wants to establish itself as the leading player in the growing “buy now, pay later” finance market. Openpay entered the UK last summer and its More...

By admin On Wednesday, January 15th, 2020
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Tax deadline UK warning: HMRC late Self Assessment tax return penalty explained | Personal Finance | Finance

Should a person incur a late penalty fine, they may be able to appeal it, if they are found to have a “reasonable excuse”. This may include a serious illness, or a close, family bereavement. It’s possible More...

By admin On Tuesday, January 14th, 2020
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Junior ISA: Saving for a child? Upcoming date to be aware of | Personal Finance | Finance

Parents or guardians with parental responsibility are able to open a Junior ISA and manage the account, however the money belongs to the child. When the child turns 16, they can take control of the account. However, More...

By admin On Tuesday, January 14th, 2020
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Iran to fund cyber attacks with cryptocurrency | City & Business | Finance

Mr Fanusie, now adjunct senior fellow at the Center For A New American Security think tank, said: “Because cyberattacks are a form of asymmetric warfare with plausible deniability, it makes sense that Iran More...

By admin On Monday, January 13th, 2020
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State pension age change fix: 1950s woman has ‘goldilocks plan’ at ‘fraction of the cost’ | Personal Finance | Finance

The state pension age for women rose to 65 to bring it into line with men and will go up to 66 by 2020, and 67 by 2028. But the leader of ’63 is the new 60’ which campaigns for women to receive their pension More...

By admin On Monday, January 13th, 2020
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State pension: 11,000 people set to get £3,500 less from April 2020 | Personal Finance | Finance

In the FOI request, the Department for Work and Pensions (DWP) said that, as at February 2019 (which is the latest date for which data is available), there were 11,000 persons in receipt of Adult Dependency More...