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Digital currencies pose threat to economy, warns Bank of England
The rise of digital currencies could lead to a flood of withdrawals from high-street banks, risking financial…
China replaces Germany as UK’s biggest import market
UK trade with the EU collapsed by nearly a quarter at the start of 2021 compared with three years before as Brexit …
UK house prices grew in March at fastest pace since August 2007
House prices across the UK grew at the fastest pace in March since shortly before the financial crisis hit in 2007,…
Royal Mail to deliver to Scilly Isles by drone in first UK trial of its kind
Royal Mail is to trial using a drone to send PPE, Covid-19 test kits and other items of mail from the UK mainland…
UK banks’ support for coal industry has risen since 2015 Paris climate pact
British banks’ financial support for companies involved in the coal industry has risen since the 2015 Paris…
Standard Life Aberdeen to change name to Abrdn
Standard Life Aberdeen has announced it is changing its name to Abrdn – pronounced “Aberdeen” – in a move that…
Primark reports record sales as Covid lockdown eases in England and Wales
Primark reported record sales last week when non-essential retailers were allowed to reopen in England and Wales,…
Drinks sales soar in England’s reopened pubs and restaurants
Pubs and restaurants in England that opened on Monday sold twice as many drinks as they did before the coronavirus…
Debenhams to briefly reopen 97 stores in closing down fire sale
Debenhams is to reopen 97 of its high street stores on Monday for a closing down sale to clear stock before they…
Uber ordered to pay $1.1m to blind passenger who was denied rides 14 times
Ride share giant Uber must pay a blind passenger $1.1m following a discrimination claim that its drivers unlawfully…