According to figures from a banking trade body, debit card transactions have overtaken cash use for the first ever time. A report by UK Finance found that UK consumers used their debit cards 13.2 billion times last year, which is an...
Goods prices declined for the 61st month in a row in May, increasing the gap between food prices and prices for all other goods. According to the latest report from the British Retail Consortium, overall shop prices fell by 1.1...
Crowdfunding in Switzerland reached record highs in 2017, with the market exceeding a volume of 374.5 million francs. According to the latest Crowdfunding Monitoring report issued by the Swiss based Lucerne University of Applied Sciences and Arts, the figure raised in 2017 was...
HSBC (LON:HSBA) and ING announced it completed its first financial transaction using blockchain, the British lender announced today. HSBC and Dutch bank ING successfully completed the transaction for food and agricultural group Cargill, according to a statement released today by...
Following a two year study, an influential thinktank has concluded that every young person in the UK should receive £10,000 when they turn 25. The "citizen's inheritance" would be necessary to reduce resentment towards baby boomers (born 1946-65) as well as...