Business

Christmas shopping 2017: St Pancras competes for London shopping hotspot | City & Business | Finance

While growth slowed for the wider retail sector over 2016’s festive period, the tills at the iconic Grade 1-listed railway station rang out, bucking the trend with a 6.2 per cent increase. “This is now a destination in its own right, not just a station, an alternative to traditional locations …

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Children going cashless: Parents give pocket money via bank transfers | City & Business | Finance

The firm, which is part of MasterCard, said that 49 per cent of parents are interested in paying their children’s pocket money using mobile apps, online bank transfers and other digital systems. It also found that 16 per cent of parents nationally are already giving their children pocket money using …

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BITCOIN CASH NEWS: Luno Bitcoin members soar as price PLUMMETS on cryptocurrency | City & Business | Finance

The young currency reached a high of $11,000 on Wednesday following a huge upward trend over the thanksgiving weekend. But on Thursday the volatile cryptocurrency plunged by roughly 20 per cent – with one bitcoin now worth $9,021.85. However analysts have claimed there is no reason to fear for the …

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Hard Brexit on the way? Euro banks pull business out of UK over fears talks will collapse | City & Business | Finance

In the past 12 months, the banks have removed a whopping £313.2 billion worth of assets from their balance sheets, representing a fall of 17 per cent. Financial analysts have indicated that the banks are protecting themselves against the possibility that the UK may be forced into withdrawing from the …

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Immigration controls to help Brexit Britain’s productivity to soar | City & Business | Finance

In a pre-Budget boost to Chancellor Philip Hammond’s Autumn Budget, UBS’s wealth management economist Dean Turner said tightening borders after Brexit will see Britain turn to technology to become more efficient. Economic productivity is a measure of what the UK produces through manufacturing and services, and how productive it is …

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