Bitcoin hacker sentenced to five years in prison
A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year…
Europe’s flying taxi dreams falter as cash runs short
Volocopter The VoloCity made demonstration flights in Paris over the summer One of the innovations at this year’s Paris Olympics was supposed to be an electric flying taxi service. Germany’s…
Bank of England boss to say UK must ‘rebuild relations’ after Brexit
Getty Images The UK must “rebuild relations” with the EU “while respecting the decision of the British people” who voted to leave in 2016, the Bank of England’s governor will…
What is Rachel Reeves’ plan for pension funds?
Reuters Chancellor Rachel Reeves says she wants pension schemes to “fire up the economy” Plans for a major shake-up of pension funds have been announced by the chancellor, Rachel Reeves.…
‘Baby milk prices punish those who don’t breastfeed’
Clare Smyrell Clare Smyrell says it feels “petty” to ban special offers on formula The high price of baby formula makes parents feel “punished” for not breastfeeding, mums and dads…
Why Canada could become the next nuclear energy ‘superpower’
NexGen NexGen’s operation in Canada’s remote Athabasca Basin Uranium is making a comeback thanks to a renewed focus on nuclear energy as a climate crisis solution. Canada, rich with high-grade…
‘Too small’ UK pension funds hold back growth, says Rachel Reeves
Getty Images UK public sector pension funds are not big enough to generate good returns for British savers, Chancellor Rachel Reeves has told the BBC. Her comments come as the…
Homebase collapses with 2,000 jobs at risk
Getty Images Homebase has collapsed into administration, putting 2,000 jobs at risk. Its owner Hilco had been looking to sell the struggling retailer, but has not managed to find an…
Fear of delay over mis-selling payouts
Getty Images Regulators want to give more time to car dealers potentially facing a deluge of claims for mis-sold finance agreements. A decision by judges at the Court of Appeal…
Inflation progress stalls in US in October
Price increases in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, the Labor Department…