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Finance News
Royal Mail To Return £400 Million To Shareholders Amid Soaring Profits
Royal Mail is set to hand out £400 million to its shareholders as the company’s profits soar during the Covid-19 pandemic.
Amazon To Ban Visa Credit Cards In The UK
On Thursday, Amazon announced it will stop accepting payments using Visa credit cards issued in the UK from January 2022. Visa has said it is “very disappointed” with Amazon’s decision.
Inflation Pushed To Near-Decade High By Rocketing Fuel And Energy Costs
According to ONS figures, inflation in the UK has been pushed to a near-decade high as rocketing fuel and energy prices increase the cost of living.
Bitcoin Drops Below $60,000
Cryptocurrencies fell on Tuesday, with Bitcoin dropping below the $60,000 mark while Ether reached its lowest levels this month.
Unemployment Drops To 4.3% As Businesses Take On More Workers After Furlough Ends
In October, UK employers added 160,000 people to their payrolls as the jobs market confounded fears that a steep rise in unemployment would follow the end of the government’s furlough scheme.
