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 woman who voted for the first time appeared to have tears of joy after she cast her ballot in Alabama’s Senate race. “My eyes just burning. Ain’t nobody crying,” 33-year-old Nuris Bigelow joked as she is seen in a video wiping...
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...
More than eight years since the birth of bitcoin, central banks around the world are increasingly recognising the potential upsides and downsides of digital currencies. The guardians of the global economy have two sets of issues to address. First is what to...
Walt Disney, which has a market value of around $166bn, has struck a $50bn-plus deal to swallow the bulk of Rupert Murdoch’s 21st Century Fox. But what does such a tie-up actually entail? And what does it mean for Fox’s pursuit of Sky here in...
An influential committee of MPs has thrown its support behind a Brexit transition agreement that sees EU laws continue to reign supreme, stressing that it would be a "price worth paying" for stability after March 2019. The Treasury Select Committee is urging...
The woes of an early bitcoin investor. Until recently, people who paid virtually nothing for the virtual currency and watched it soar had only one way to enjoy their new wealth -- sell. And many weren’t ready. Lenders on the fringe of...
A compound derived from marijuana has health benefits and should not be subject to government restrictions, the World Health Organization (WHO) said. “Recent evidence from animal and human studies shows that its use could have some therapeutic value for seizures due to epilepsy and related...
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...
Let's be honest: Doug Jones is likely to be a three-year senator. I don't want to rain on the winner's parade. The former US attorney, lifted from hopeless to victory by the accumulating flaws of his opponent, is the first Democrat in...