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Rolling coverage of the latest economic and financial newsThe pound has rallied after Britain’s unemployment rate fell unexpectedly this morning to 4.7%.Sterling has gained half a cent against the US dollar to $1.3352, as the City welcomes the news that employment rose in the last quarter.“This data has caught the market on the hop, with
Power glitch stalls hearings and Revolut, Lloyds and HSBC customers unable to pay or move moneyBusiness live – latest updatesAn outage at Google’s cloud services in the UK has caused widespread disruption, hitting courts and leaving millions of customers unable to access and send cash at banks including Lloyds, HSBC and Revolut.Google has blamed a
Google cloud failure hits millions as UK courts and banks knocked offline Read More »
Fintech company’s profits leap to £1.7bn as it gears up for US push after getting UK banking licence this month Business live – latest updatesThe UK banking app Revolut has said it could face a backlash over its support for energy-intensive sectors such as crypto and AI, as it posted a 57% increase in annual
Revolut warns it risks backlash over support for energy-intensive AI and crypto Read More »
