Business & Finance

Facebook’s Libra: Questions and Objections Loom Large Over Launch

Facebook’s Libra: Questions and Objections Loom Large Over Launch

The Libra is Facebook’s new attempt at breaking into the world of cryptocurrency, however, new hurdles may be facing the social media company. Questions loom over how Facebook’s new currency will affect markets – and whether in fact the “Libra” is actually a cryptocurrency at all. Cryptocurrencies by their very nature are decentralized, and the Libra is not. The only[Read More…]

Hilary Powell and her partner Dan Edelstyn  started HSCB to help other Londoners get out of debt

Radical bank buys Londoners out of debt

A radical, independent bank in London is selling art to help support families in debt, it has emerged. The Hoe Street Central Bank (HSCB) is not a typical bank but has been set up for what its founders call “an act of citizen money creation”. It creates its own currency in the form of beautifully designed banknotes and sells the[Read More…]

Queen of England in line for a pay rise

Queen of England in line for a pay rise

The Queen of England is set to get a £45.6 million pay rise courtesy of the taxpayer in 2017-2018, it has been revealed. If the formula used to calculate the amount taxpayers contribute to the monarchy’s running costs is not reviewed, the Monarch will be in line to receive extra funding. As the Crown Estate property empire delivered a record[Read More…]

Mikaila Ulmer

11 year old girl lands $1M whole foods deal

An 11 year old entrepreneur from the US has landed a $1 million deal with Whole Foods for her Bee Sweet lemonade. Mikaila Ulmer had previously obtained a $60,000 Shark Tank deal when she was just 10. The show Shark Tank is a US version of the popular entrepreneur show, Dragon’s Den. Mikaila said she got the idea when she was just[Read More…]

David Cameron tax row rages

David Cameron tax row rages

It appears everyone in this country is paying doing their civic duty and paying tax – except of course, for multimillion pound corporations and the prime minister. While thousands of ordinary people struggle to pay their council tax bills and are subsequently getting jail threats, the debate over David Cameron’s tax status continues to rage. The release of his tax[Read More…]