Mortgage approvals in the UK have surged by 827% as house prices recorded their highest growth rate since 2014 and the deadline for the stamp duty holiday edges closer.
HM Revenue and Customs (HMRC) will investigate almost 13,000 businesses for possible breaches of the government’s covid-19 support schemes. The business support schemes provide loans, tax relief, cash grants, and support to pay employee wages as well as other support measures.
Stocks in Europe were low on Monday as covid-19 cases in the UK continue to increase. Numerous countries are considering the introduction of travel restrictions for British citizens wanting to enter their borders.
The growth in ransomware and other cyber attacks has revealed a hidden truth about the state of cyber security in the United States: Our nation’s critical infrastructures and supply chains are falling victim to devastating attacks because they have not identified the cyber risks that matter most to their operations.
Stocks in Europe have risen following the release of the UK’s updated foreign travel guidance. A number of new countries have been added to its green list.
Given the extraordinary circumstances of the past year, the decisions of finance professionals have taken on even greater significance than had already been the case. Typically, of course, deliberated financial management can be the making of any business – underpinning their ability to invest, scale quickly, or firming their capacity to withstand economic shocks.
Financial services giant Visa will acquire Swedish financial tech start-up Tink for just under £2.2 Billion. The deal comes after Visa’s bid to buy Plaid, a US rival to Tink, fell apart due to US regulators.
Banking giant Morgan Stanley has said employees and clients will be barred from entering its New York offices if they have not received both doses of the Covid-19 vaccine.
Although blockchains and cryptocurrencies are widely lauded, there are also several drawbacks to cryptocurrencies that have led some (like well-known investor Warrant Buffet) to label them a "bubble".
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