Britain caught in ‘growth doom loop’ as private investment lags far behind rest of G7
“If the economy is the engine of a country, investment is its fuel. But the UK’s tank is running on...
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How North Korean robbed British investors to fund Kim Jong-un’s weapons
It has also created a shadow workforce of well-paid overseas IT professionals using fake identities, he said, giving Kim Jong-un a vital resource to fund his nuclear ambitions.“We believe cyber heists and overseas IT workers are right now North Korea’s biggest revenue generator,” he said.It was “worrisome” these “malicious cyber actors” were linked to the North’s munitions industry, defence ministry and General Reconnaissance Bureau - the intelligence agency behind the North’s clandestine activities - all of which are sanctioned for their weapons development, he added.“We do assess that of the...
Brexit is to blame for inflation, claims Mark Carney
But surprisingly for someone so used to being in the spotlight, Carney is camera shy. Although he’s dressed for the...
European Central Bank raises interest rates to highest in 22 years
The European Central Bank raised interest rates to their highest level since 2001, triggering a jump in borrowing costs as...
The Bank of England needs more independence, not less
Already, mortgage arrears and defaults are rising, with interest rates doubling or more for homeowners – hundreds of thousands of...
Binance suspends US dollar deposits amid Biden crypto crackdown
Trading, deposits and withdrawals of other cryptocurrencies will remain operational on the exchange. It said it would transfer to being...
Coinbase sued by regulators as US squeezes crypto industry
Coinbase, one of the world’s largest cryptocurrency exchanges, has been sued by US regulators a day after the Securities and...
AI is already taking control of your money
Omar Green has been trying to realise a similar vision since 2012, when he founded Wallet.AI. He is cagey about...
Bond markets thrown into chaos as new mortgage shock looms
The yield on ten-year debt rose by almost 0.2 percentage points on Thursday to 4.37pc, putting it above Italy's rate...
What is the US debt ceiling and what will it mean if it isn’t raised?
When this money has run out, the Government will only be able to spend the money that it receives in...
