Consumer confidence has dipped again this month, hitting its lowest level since the aftermath of the June 2016 Brexit vote and underlining the fragility of the household sector as a driver of GDP growth. The GfK Index came in at -12 in November, down...
Jay-Z has strongly implied that he was unfaithful to his wife, fellow superstar Beyoncé, in an emotional new interview. The usually tight-lipped rapper recently opened up to the New York Times’ Dean Baquet about some of his personal struggles – including those...
Bitcoin isn’t big enough to pose a risk to the global economy, Bank of England deputy governor Jon Cunliffe said on Wednesday, as the cryptocurrency hit a record high of above $10,000 (£7,493) for the first time. The virtual currency traded below $1,000...
Kenyan President Uhuru Kenyatta was sworn in for a second term on Tuesday, shortly before riot police teargassed the convoy of opposition leader Raila Odinga, who promised supporters he would be sworn in himself on 12 December. Such a move would only...
Russia’s former economy minister Alexei Ulyukayev has had a difficult year, and it shows. The first serving minister to be arrested for 60 years, Mr Ulyukayev has lost a considerable amount of weight and youthful exuberance.  What lies ahead could be...
Last week, Chancellor Philip Hammond announced in the Autumn Budget a £500m package of investment into tech initiatives, including the development of artificial intelligence. Which must have had the Channel 4 executives ordering trebles all round, because with perfect timing they’ve designated...
A Nobel Prize-winning economist has called for Bitcoin to be "outlawed" Joseph Stiglitz said that he favours making the digital currency illegal because it does not have a “socially useful function”. “Bitcoin is successful only because of its potential for circumvention, lack...
The Brexit vote has already inflicted a hit of almost £20bn on the UK economy – or around £300m for each week since the June 2016 referendum, according to a new analysis. A team of four economists affiliated to the respected Centre...
A Cabinet minister of Muslim descent has condemned Donald Trump for endorsing a “vile, hate-filled racist organisation that hates me” and vowed to keep speaking out. Sajid Javid went further than Theresa May by warning that the US President’s tweets showed his...
Bitcoin rallied as much as 20 per cent from its Wednesday low, easing concern that an abrupt sell-off in the cryptocurrency might spiral into something deeper. The digital currency climbed as high as $10,787.99 in Asian trading hours on Thursday, after touching...