The false prophecies of an economic collapse, aired loudly before and in the days after last year’s referendum on EU membership, have boosted the confidence of hard Brexiteers. A group of them even says a “no deal” with the EU on future relations after the 2019 exit date isn’t a bad thing. Others, including many […]
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British businesses are reporting a surge in demand from current and former staff who want to swap their “final salary” pensions for cash. Half of the 182 employers surveyed by the Association of Consulting Actuaries, a trade body, said they had received transfer request from at least 5pc of scheme members. Growing numbers of savers are […]
New leak reveals 3,000-plus Canadians, including three former prime ministers, had links to offshore business. It was to be a little tax haven in Nova Scotia. The idea was simple: the companies would be registered in Bermuda but the people processing the paperwork would be in Halifax. Appleby, the leading offshore law firm in the […]
The index of blue chip shares finished the trading session up 0.07 per cent at 7,560.35, beating the previous record close of 7,556.24 set on 12 October. The FTSE 100 closed at a fresh record high on Friday, despite the Bank of England’s decision earlier this week to raise interest rates for the first time in […]
Bank of England’s raised cost of borrowing, from 0.25% to 0.5%, may add £22 a month to average variable interest rate loans. Millions of homeowners face higher mortgage payments after the Bank of England said it could no longer tolerate the inflation level and announced the first increase in interest rates in more than 10 […]
Facebook, Twitter and Google lawyers defended themselves to US lawmakers probing whether Russia used social media to influence the 2016 election. The three firms faced hard questions at a Senate panel on crime and terrorism about why they missed political ads bought with Russian money. Lawmakers are eyeing new regulations for social media firms in […]
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