Finance

Brexit: UK’s Repeal Bill Published

The repeal bill will ensure that EU laws adopted by the UK will be converted into British law. Parliament will then have the power to change them later. If the bill is not passed then there will be no laws after BREXIT. This bill is going to have a difficult …

Finance

Bank lending to be cut back?

A Credit Conditions Survey report published by the Bank of England seems to suggest that lenders may introduce a reduction in mortgage availability to house buyers – especially for buyers with smaller deposits – making low deposit mortgages more difficult to obtain. Cheap credit card deals may also be more …

Finance

Canada Interest Rate Rise

The Bank of Canada has raised its interest rate to 0.75% for the first in almost seven years. The economy is performing well and less stimulus is needed to maintain momentum.

Finance

Hyperloop One – transportation future?

Elon Musk’s imaginative vision continues… The Hyperloop One transportation system tested successfully on May 12th 2017. A futuristic transportation system that will allow passengers or cargo to be propelled at near-supersonic speeds inside a vacuum tube has declared its first successful test moving the idea one step closer to reality. …