A recent survey of central banks has revealed that 86% are actively doing research into central bank digital currencies (CBDCs), 60% are already in the experimenting phase and almost 15% doing pilot testing. With CBDCs heavily gaining traction across governments worldwide, Marius Galdikas, CEO at
Heralding the return of customers to non-essential retail stores since April 12th, footfall across high streets, retail parks and shopping centres has increased by 330% against the same week in 2020. Further to this news, despite representing the only point of contact for millions during
The Bank of England yesterday predicted that 2021 will see the UK economy’s fastest growth since the Second World War. This growth comes with the reopening of wide sections of the economy after a year of restrictions and will be driven in large part by
The FCA has launched a consultation on proposals for a new category of fund designed to invest efficiently in long-term, illiquid assets. Within the consultation, the proposal is that these funds would be open-ended and would be able to invest in assets such as venture
The ‘sunshine vitamin’ has become a major talking point this year, following recent news that vitamin D could be linked to a reduced risk of coronavirus. Worldwide, more than two billion people have micronutrient deficiencies as they are not getting enough vital vitamins and minerals
Whilst the Grade II* listed house was restored and opened as a visitor attraction in 2014, until now Elizabeth’s bedroom has lain empty. Detailed research has enabled the project team to recreate the room as they believe it would have been in Elizabeth’s time; from
Truro Cathedral’s 35 choristers aged 8-18 are rallying schools and choirs from around the world to sing a new joyful but poignant song by Peter Hobbs and Sir Tim Rice, directed at world leaders as they gather in Cornwall in June for the 2021 G7
This week it was announced that American Express will slash the cashback rates on both its free and paid cashback cards. The change will automatically be applied to new customers, with existing customers to follow from the 4th of August. For some customers, this could
Friday saw the stock market debut of Darktrace, a cybersecurity company that uses machine learning to help detect suspicious activity in computer networks. During the first day’s trading shares rose by 40%, after the company reduced the valuation from £3billion to £1.7billion following investor concern
The UK economy is showing signs of rebounding stronger from the pandemic and resultant lockdowns than originally forecast, with a surging demand helping to fuel such recovery. Retail sales alone rose 5.4% during the month of March compared with the previous month – a far