Money Moves

The emergence of artificial intelligence (AI) technologies and the concept of shadow banking have raised concerns about their potential impact on the global economy. An AI bubble refers to a scenario where the valuation of AI-related companies becomes inflated due to excessive speculation, potentially leading to a market correction. As investments in AI continue to […]

Apple may be required to pay up to £1.5 billion in damages following a legal ruling involving 36 million iPhone and iPad users in the UK. This collective action was brought against Apple by Dr. Rachael Kent, who argued that the company abused its dominant market position by imposing an excessive 30% commission on app

The political landscape in the UK continues to evolve as parties address the complexities of Brexit and its implications. Rachel Reeves, a prominent figure in the Labour Party, has been vocal about the party’s stance on the issue. The Labour Party has been working to clarify its position regarding post-Brexit policies, aiming to balance the

On Thursday, former President Donald Trump granted a pardon to Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange. The White House issued a statement indicating that the pardon was part of Trump’s constitutional authority and suggested a shift in the administration’s approach to cryptocurrency regulation, implying that a “war on crypto” had

The UK government has announced that its planned digital ID scheme will not be retroactive, meaning workers will need the ID only when applying for jobs after its expected rollout by 2028. In September, Sir Keir Starmer described the initiative as a measure to prevent individuals from entering the shadow economy. He confirmed that obtaining

Car manufacturers in Europe and Japan, including Volvo, Volkswagen, Honda, and Nissan, have expressed concerns that the recent conflict between the Netherlands and China regarding the semiconductor company Nexperia could disrupt production at their factories. The Dutch government has taken control of Nexperia, which is headquartered in the Netherlands, in response to concerns from the

The upcoming budget, set for November 26, may include changes affecting partnerships in various professions, such as law, accounting, and medicine. Chancellor Rachel Reeves has indicated a potential end to the exemption on employer national insurance contributions (NICs) for limited liability partnerships (LLPs). Currently, LLP partners, who are often self-employed, do not pay employer NICs,

England’s water companies are facing significant financial penalties, totaling over £260 million, due to below-par performance. Ofwat, the economic regulator, has indicated that 40% of this amount will be deducted from this year’s bills, with the remainder impacting next year’s costs. However, customers will see an increase in bills until 2030 as funding is required

The number of reported passenger assaults on the UK rail network has significantly increased, more than tripling over the last decade, according to official statistics. The Office of Rail and Road’s annual report indicates that between April 2024 and March 2025, there were 10,231 reported assaults, reflecting a 7% increase from the previous year. In

In September, the UK’s inflation rate was recorded at 3.8%, a figure that remains consistent with the rates observed in both July and August of the same year. This indicates a sustained level of price increases for consumers over this three-month period. Inflation is often influenced by various economic factors, including supply chain issues, demand