Bitcoin heads back toward $10,000 milestone and sits at 14-month high

Bitcoin heads back towards $10,000 a coin milestone ahead of Facebook’s expected entry into cryptocurrency Bitcoin is now at its highest level since last April, trading at around $9,300 This is likely due to investors’ renewed confidence in cryptocurrency Facebook is expected to launch its own cryptocurrency, which experts say has played a large role … Read more

Help to Buy’s early buyers could be in arrears due to flaw in the system 

A government oversight could potentially be pushing hundreds of Help to Buy homeowners into arrears on their debt without them realising.  A flawed system for collecting repayments on their interest-free loans has left early home buyers facing the prospect of unwittingly being behind on payments.  It’s now been six years since the flagship scheme was … Read more

Watchdog announces new rules on ‘buy now, pay later’ products that will save users as much as £60m

‘Buy now, pay later’ firms will be banned from charging backdated interest on already repaid amounts from November, under new rules announced by the financial regulator. A trio of new measures from the Financial Conduct Authority will also give users of pay later services more information about risks and prompt them to repay credit before … Read more

Shoppers pay the cost as Sainsbury’s and Asda hike prices after failed £14bn merger 

Sainsbury’s and Asda hike prices across hundreds of products as shoppers pay the cost of failed £14bn merger By Hannah Uttley For The Daily Mail Published: 21:50 GMT, 10 June 2019 | Updated: 11:08 GMT, 11 June 2019 Sainsbury’s and Asda hiked prices across hundreds of products as their £14billion merger was blocked. The grocers … Read more

Households being misled by dual fuel green energy tariffs

Households being ‘misled’ by dual fuel green tariffs as just one in ten eco-friendly deals are from 100% renewable energy sources Just six out of 54 tariffs offered 100% renewable gas and electricity  Many tariffs labelled green are therefore misleading customers, report claims  Boom in green energy interest thanks to climate change publicity By Grace … Read more

Why growth investors might consider Scottish Mortgage’s younger sibling Edinburgh Worldwide trust

Edinburgh Worldwide investment trust has long had a focus on growth but recently, it has stepped up its search for opportunities to deliver investors even stronger returns.  For 16 years the Edinburgh-based fund house Baillie Gifford has been running the £533million investment company, whose strategy is to invest in smaller, high-growth entrepreneurial companies and is measured … Read more

MasterCard’s Mark Barnett on working with Monzo, paying by app, and why there should always be cash

Mark Barnett, MasterCard’s president of the UK, Ireland, Nordics and Baltics Division If the future of the UK increasingly looks cashless, then no one may be better placed to reap the rewards than MasterCard. Look at the bank cards of most of the digital challengers helping change the face of the UK banking and payments … Read more