Bitcoin breaks $19,000 for first time in three years

The value of bitcoin has smashed through $19,000 for the first time in almost three years as analysts predicted it could hit $300,000 (£221,000) in the next 12 months. The controversial crypto-currency, whose value has swung wildly since it was created in 2009, has shot up in recent weeks. It …

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MARKET REPORT: Catering giant Compass turns to home deliveries

Catering giant Compass is offering home deliveries as it shifts towards a future where more of its tech office staff work remotely. Boss Dominic Blakemore expects widespread home working to continue after the pandemic, with white collar employees likely to do so for two and a half days per week. …

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ALEX BRUMMER: Yellen stages a comeback at the US Treasury

The last chairman of the Federal Reserve to move from the US central bank to the US Treasury – G William Miller – did so at a moment of turmoil. In the final years of Jimmy Carter’s presidency, inflation was out of control, unemployment rising and the dollar falling like …

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Global rally fires Dow to 30,000 for the first time

Stock markets around the globe shot higher as investors bet that a Covid vaccine would free up the economy and Donald Trump agreed to co-operate with the transition of power to Joe Biden. On a record-breaking day on Wall Street, the Dow Jones Industrial Average smashed through the 30,000 mark …

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AA granted 24-hour extension to their £218m takeover talks

Takeover move: AA is in talks with private equity firms Towerbrook Capital Partners and Warburg Pincus The AA was last night set to return to private ownership after agreeing to a £218million takeover. The breakdown company hammered out a 35p-per-share deal with private equity firms Towerbrook Capital Partners and Warburg Pincus …

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Home workers paying over the odds for insurance

The number of people adding ‘business use’ to home insurance policies has jumped since the start of the year Thousands of home insurance customers who are working from home may be needlessly paying extra for cover. The number of people adding ‘business use’ to home insurance policies has jumped since …

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Mortgage prisoners find their freedom from 2008 clampdown  

Mortgage prisoners are finally being freed from expensive deals after overpaying for years – but many are still trapped. An estimated 250,000 borrowers are stuck on high-interest loans after a clamp down following the 2008 financial crisis prevented homeowners from remortgaging. After the Financial Conduct Authority intervened last year, banks …

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