Category Archives: Economy

bitcoin

Bitcoin Threatens Financial Stability say Regulators

US regulators have warned that Bitcoin, along with other “cryptocurrencies,” poses “financial security risks.” Bitcoin and other, similar currencies are digital alternatives to traditional currency, which are decentralised, not connected…

employment-header

Unemployment Down but Job Growth May Slow

The unemployment rate in the UK has fallen over the first quarter of 2016, albeit modestly, according to figures from the Office for National Statistics (ONS). However, the official statistical…

interest rate cut

Interest Rates may Fall Instead of Rise

After years languishing at record lows, it has recently been reported from numerous quarters that the Bank of England may finally raise interest rates in the near future. However, the…

Small Business

Confidence Growing Among Small Businesses

According to the Federation of Small Businesses (FSB), confidence among smaller enterprises has grown significantly over the past three months. This points, the Federation says, towards strong potential for growth…

Clegg Calls Leaving EU “Self-Harm” for UK Economy

Nick Clegg, leader of the Liberal Democrats and Deputy Prime Minister in the current coalition government, has spoken on the matter of EU membership ahead of the coming election. Clegg…

Scottish Parliament logo

George Osborne Unhappy About Scottish Tax Powers

Since Scotland voted to remain part of the UK, Westminster has been preparing to grant the Scottish government a number of new powers that were promised in the run-up to…

Money

Bank Note Printers Issue Profit Warning

You would think that legally printing money is just about the most profitable business possible. Unfortunately, things aren’t quite that simple and De La Rue, the printing company responsible for…

Economic Growth

UK Economic Growth Higher Than Estimated

The growth of the UK economy through the second quarter of the year was slightly more pronounced than was previously believed, it has been revealed. Previously, growth was estimated at…

tax evasion

New Penalties for Offshore Tax Dodgers

New penalties have been laid out by chancellor George Osborne for people who avoid paying tax by keeping their funds abroad. Those who commit this kind of tax evasion could…

inheritance-tax

David Cameron Hints at Inheritance Tax Pledge

David Cameron has claimed that he still aims to raise the threshold for inheritance tax so that only “the rich” will be liable for it. He has hinted that a…