Gibraltar’s financial services watchdog will introduce the world’s first bespoke licence for “fintech” firms using blockchain distributed ledger technology from next month in a bid to attract start-ups to the British overseas territory as it prepares for Brexit. The move is the...
A video of a five-year-old being told she “looks like a terrorist” after attending a Jerusalem-related protest in Los Angeles has sparked outrage from pro-Palestinian activists.  In footage posted to Twitter, protester Rawan Yasim filmed her encounter with Donald Trump supporters who showed...
A transition period after Brexit where the UK continues to accept EU rules would be a “price worth paying” for economic stability, an influential Commons committee has said. Cross-party MPs on the Treasury Committee said the Government should consent to a “standstill”...
Facebook and WhatsApp are being tied much closer together. The social network, which owns the messenger firm, is launching a new "Click-to-WhatsApp" ad unit that’s designed to make users chat to businesses. WhatsApp is strongly opposed to the idea of placing adverts inside...
Having spent eight months merely to get to the starting line for talks with the European Union on the vital issue of post-Brexit trade arrangements, British ministers are not, perhaps, in a good position to speculate on the lack of productivity...
Saudi Arabia plans to raise the price of domestic petrol and jet fuel in January, part of a programme to gradually eliminate energy subsidies as the kingdom seeks to overhaul its economy and balance the budget, according to a person with knowledge...
The US economy would be $1.6trillion larger if women had the same better opportunities at work, new research has revealed.  A study published this week by Standard & Poor's found the US could boost its GDP up to 10 per cent 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...
Labour is considering moving the Bank of England to Birmingham as part of plans to rebalance the economy and strengthen the regions. A report commissioned by Shadow Chancellor John McDonnell has concluded that the Bank’s London base is “unsatisfactory and leads to...
A massive vote of confidence in Britain’s economy? That’s how Defence Secretary Gavin Williamson described BAE Systems’ £5bn deal to flog 24 Typhoon fighter jets to Qatar. There is, of course, another way to look at the transaction.  It’s also a massive vote of...