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Tag Archives: new business ideas

Labour may move parts of Bank of England to Birmingham

The old lady of Threadneedle Street may have to leave her home of 283 years under Labour plans to move large parts of the Bank of England to Birmingham.A report, commissioned by Labour, claims banks have distorted the economy by lending to “unproductive sectors”.Shadow chancellor John McDonnell said the …

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Mortgage safety net 'disappearing'

Ministers should consider strengthening the safety net for homeowners struggling to pay their mortgage, a report suggests.Help for this group introduced in response to the financial crisis will be largely withdrawn by 2022.Academics, commissioned by lenders’ trade body UK Finance, said the government should review its position.However, mortgage applicants …

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ATM operator Cardtronics UK plans cash machine cuts

Cardtronics, the UK’s biggest independent cash machine operator, is planning to cut back its network because of a shake-up in the industry.The company operates about 20,000 machines in the UK, mostly in pubs, local shops and garage forecourts.But Link, the UK’s biggest cash machine network, is seeking to reduce …

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Bitcoin futures trading begins on CBOE exchange in Chicago

Bitcoin has begun trading on a major exchange for the first time. The digital currency launched on the CBOE futures exchange in Chicago at 23:00 GMT Sunday, allowing investors to bet on whether Bitcoin prices will rise or fall. Its value had surged in the run-up to its futures …

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HP laptops found to have hidden keylogger

Hidden software that can record every letter typed on a computer keyboard has been discovered pre-installed on hundreds of HP laptop models.Security researcher Michael Myng found the keylogging code in software drivers preinstalled on HP laptops to make the keyboard work.HP said more than 460 models of laptop were …

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Brexit: David Davis wants 'Canada plus plus plus' trade deal

Media playback is unsupported on your device Brexit Secretary David Davis says the UK wants to secure a free-trade deal with no tariffs when it leaves the EU.He described it as “Canada plus plus plus” – a reference to the free trade deal struck between Canada and the EU.But …

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Qatar buys 24 Eurofighter Typhoon jets in £6bn deal

A £6bn deal to sell Eurofighter Typhoons to Qatar will help safeguard thousands of UK jobs.BAE Systems employs about 5,000 people in the UK to build the fighter jets, mainly at Warton in Lancashire.Qatar’s purchase of 24 jets includes a support and training package from BAE, with deliveries due …

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