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Economy

Bringing you the very latest developments from the world of finance. With news, information and updates relating to investments, savings, retirement and QROPS, property, tax, currency and the stock market. Keeping your finger on the pulse.

How Your Smartphone Reveals Your Wealth

Owning an iPhone or iPad is a giveaway that you are a high earner, according to a new economic study. If you have an iPhone...

Bank Of England Issues Crypto Guidelines

The Bank of England has begrudgingly acknowledged the benefits cryptocurrency technology can bring to financial services businesses. But has warned banks investing in crypto-assets due...

War Of Words As Rivals Split OPEC Over Oil Output

Ministers of the biggest oil-rich nations are involved in a war of words over production levels. The ministers are meeting for a summit in Vienna...

How Is Money Really Created In The Economy?

Everyone agrees money doesn’t grow on trees, but where does it come from? Voters in Switzerland have uncovered the truth and have gone to the...

Oil Price Tumbles As OPEC Argues Over Output

The price of oil is undergoing a brutal correction as speculation of a split between major oil producing nations circulates ahead of the next...

Brexit Bill Reaches £900 For Every Household

Brexit has already cost every household in Britain £900, according to Bank of England governor Mark Carney. Speaking at a Treasury Select Committee review of...

FTSE Powers To New Record High

Pension savers can breathe a sigh of relief as the FTSE100 nudged back over the previous record high to close at 7787 points. That’s was...

Money For Nothing Trial Scrapped For Jobless

A social experiment that saw the jobless paid money for doing nothing has been shelved. The government in Finland has paid 2,000 people a tax-free...

Almost Infinite Rare Earth Metal Supply Found In Ocean

The discovery of millions of tons of rare earth metals on a deserted Pacific Ocean island is hailed as a game changer for the...

Ruble And Shares Crash As Russian Sanctions Bite

Money is more important than armed might - and Russian President Vladimir Putin is finding that out the hard way. As the US piles on...

Old Notes Give Central Banks Money To Burn

Central banks around the world have money to burn after taking bank notes worth billions out of circulation to fight organised crime and fraudsters. Millions...

Steel Tariffs Are First Shot In NATO Spending War

US President Donald Trump agrees countries that pay their way by spending at least 2% of GDP on NATO defence are likely to escape...

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