Pound LIVE: HSBC profits double to $17.2bn as banking ‘bad period’ comes to an end

THE POUND is down on the Dollar but up slightly on the Euro this morning as UK high street bank HSBC reports massive pre-tax profits of £12.3bn in 2017, a 141 percent rise on the £5.09bn profit from the previous year. Daily Express :: Finance Feed  More...

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By admin On Tuesday, February 20th, 2018
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Bitcoin CRASH: Retail investors to ‘bear the brunt’ if cryptocurrencies suddenly COLLAPSE

RETAIL INVESTORS would “bear the brunt” of market losses if cryptocurrencies suddenly collapse while rated banks would remain “largely insulated”, a new report by the S&P Global Ratings has claimed. Daily More...

By admin On Tuesday, February 20th, 2018
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Bitcoin has ‘pretty much FAILED’ as a currency, Bank of England boss Mark Carney declares

BANK of England chief Mark Carney has said bitcoin has “pretty much failed” as a currency by standard benchmarks and is neither a store of value nor a useful way to buy items. Daily Express :: Finance More...

By admin On Monday, February 19th, 2018
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Deutsche Bank cuts 250 JOBS with ‘hundreds more at risk’ as securities unit slumps

DEUTSCHE BANK has started to cut 250 jobs globally as the German bank faces growing pressure to restore profits in its investment banking unit. Daily Express :: Finance Feed  More...

By admin On Monday, February 19th, 2018
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Inheritance tax: This is why grandparents and parents hang onto their money

GRANDPARENTS and parents would give more money to their families if they thought they could do it without paying a tax bill. But because they do not understand inheritance tax rules, they hang onto their wealth More...

By admin On Monday, February 19th, 2018
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Pound v US dollar: GBP weakens as market confidence in US policy outlook recovers

CONCERN over the outlook for the UK economy this year continues after Friday’s disappointing UK retail sales figures, leaving the pound Sterling to US dollar exchange rate to slip lower this morning. The pound More...

By admin On Monday, February 19th, 2018
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Pound LIVE: Sterling down while Brexit is blamed for 20% rise in restaurants going bust

THE POUND is down this morning as Brexit uncertainty continues to loom large over the economy. New data shows that the hospitality and catering has been hit hard with 1,000 insolvencies registered across the restaurant More...

By admin On Monday, February 19th, 2018
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Cryptocurrency news: Wall Street SOLVES massive Bitcoin flaw, says economics professor

WALL Street may have managed to come up with a solution for one the the biggest problems with the Bitcoin, a leading economics professor has argued. Daily Express :: Finance Feed  More...

By admin On Monday, February 19th, 2018
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‘They offer peace of mind’: Retirement home sector shows signs of maturity

THE RETIREMENT housing sector is increasingly big business, as growing numbers of older people rent or buy homes in purpose-built retirement developments. The trend is set to accelerate as more of us live to greater More...

By admin On Sunday, February 18th, 2018
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Cheaper mobile phone tariffs – Five minute guide

IF YOU are on a monthly mobile phone tariff, you need to crunch the numbers carefully to avoid making a wrong and expensive call. Daily Express :: Finance Feed  More...