Bitcoin has a dirty secret. The cryptocurrency has wowed markets this year with breakneck gains as investors flocked to an asset that exists only in cyberspace. But the laborious creation of each digital bitcoin by private computer networks has real-world consequences in...
Retail sales jumped unexpectedly in November, reflecting Black Friday bargain hunting by shoppers. The Office for National Statistics (ONS) reported that sales volumes were up 1.1 per cent in the month, well ahead of the 0.4 per cent that City of London analysts...
Online supermarket Ocado has reported another quarter of double digit sales growth, but warned that a shortage of delivery drivers was hurting sales. The group recorded an 11.6 per cent rise in retail revenue to £373.8m in the 14 weeks to 3...
Theresa May, together with her Government, “confuses the hell” out of the European Union and needs to “get unified” if it wants to succeed in Brexit negotiations, according to the head of the UK’s main business association. The damning appraisal by Paul Drechsler,...
Mice are sometimes on the fox’s menu, but not when they’re named Mickey.  When they’re named Mickey the prey turns predator, with the 21st Century variety of Fox on today's menu.  Yes, the worst kept secret on Wall Street has finally been confirmed, with...
It is interest-rate week. The Federal Reserve will almost certainly increase US rates again, the last rise with Janet Yellen as the Fed chair. So as usual we should look not just to the increase and the market reaction to it,...
Theresa May has twice refused to rule out dropping part of her Brexit plans to avoid a second humiliating defeat in the Commons next week. Rebels who gave the Prime Minister a bloody nose to secure a “meaningful vote” on the withdrawal...
Donald Trump and Vladimir Putin spoke by phone on Thursday evening about the threat posed by North Korea. A White House statement said the world leaders "discussed working together to resolve the very dangerous situation in North Korea". The Kremlin said in a...
Theresa May’s male communications chief is being paid £15,000 more than the woman he replaced, despite the Prime Minister’s pledge to close the gender pay gap. Former BBC journalist Robbie Gibb is one of the highest paid special advisers in Government on...
While promoting his new Netflix film Bright, two-time Oscar nominee Will Smith had some enlightening things to say about the nation. “This is the purge, right?” he says of the current state of affairs. “This is the cleanse, this is what happens....