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Economic News
09 Feb
Russian nuclear scientists arrested for illegal bitcoin mining

A team of scientists has been arrested for using the supercomputer at Russia's Research Institute of Experimental Physics in order to mine bitcoin for their own personal gain.

09 Feb
brexit talks davis barnier
Brexit transition period not a given, says EU's Barnier

European Union Brexit negotiator Michel Barnier has warned that there is no guarantee of a post-Brexit transition period.

09 Feb
Casa Blanca, Estados Unidos
US Senate seals budget deal with more spending on defence, infrastructure, pharma

The US Senate approved a two-year budget deal early on Friday, with a bill focusing on boosting military and domestic spending by almost $300bn over the next two years.

09 Feb
offshore north sea oil drilling premier oil
UK December industrial production hit by Forties pipeline closure

Industrial production sank at the end of last year, but economists were quick to point out that the plunge was entirely due to the shutdown of the North Sea Forties oil pipeline.

09 Feb
ben broadbent bank of england boe
Two hikes in Bank Rate should not come as great shock, BoE's Broadbent says

Two interest rate hikes over the course of 2018 should not come as a great shock, the Bank of England's number two official suggested on Friday.