Finance News

HACKERS demanding a ransom of four bitcoins have shut down the City of Johannesburg’s digital network. The city’s systems were breached in the early hours of this morning, bringing the digital operations of an authority serving four-and-a-half million people to a grinding halt. Daily Express :: Finance Feed

BARCLAYS has announced it will commit to full participation in the Post Office Banking Framework from the renewal date in 2020, meaning the bank’s customers will be able to continue withdrawing cash using debit cards at the Post Office. Daily Express :: Finance Feed

TAX IS something which many Britons will pay, and an unexpected call from HM Revenue and Customs could be of concern to some. The government department has issued a warning about phone call scams from fraudsters pretending to be HMRC. Daily Express :: Finance Feed

The pound euro exchange rate held steady today, with the pairing currently trading around €1.158 as Prime Minister Boris Johnson’s cabinet showed division over their next Brexit move. The government must now choose between forcing through their UK-EU withdrawal deal or risk the uncertainty of a pre-Christmas general election to the detriment of the pound. Daily Express :: Finance Feed

Despite putting up a commendable fight, bitcoin finally gave up holding its ground at $ 8,000 yesterday. The world’s most dominant cryptocurrency had spent more than a month weaving a snaking path between $ 8,200 and $ 7,800, but any effort to use the line as a springboard to the highs of 2017 or indeed earlier this year fell shy ...

PENSION contributions are something which many will make automatically, following the introduction of pension auto enrolment. Today, some part-time workers are being warned that they could be missing out on making “vital” pension contributions. Daily Express :: Finance Feed

STATE PENSION claimants are set to see the amount rise next year, under the triple lock. Currently, state pensioners living full-time in certain countries across the world won’t benefit from the uprated amount. Daily Express :: Finance Feed

INHERITANCE TAX may be required to be paid on the estate of a person who has died. What Inheritance Tax does a spouse pay when their loved one dies? Daily Express :: Finance Feed

BELEAGURED Facebook is drifting into Vladimir Putin’s crosshairs over its controversial Libra cryptocurrency project. Daily Express :: Finance Feed

THE pound euro exchange rate held steady today, with the pairing currently trading around €1.157 after Prime Minister, Boris Johnson and Labour leader, Jeremy Corbyn failed to reach a consensus on a timetable for the Brexit Withdrawal Agreement bill. Daily Express :: Finance Feed