Economic News
Victims lose thousands as crypto scams soar - FCA
The number of scams involving cryptoassets and foreign exchange investments tripled last year, with victims losing more than £27m in total, according to research published on Tuesday by the regulator.
NGO criticises UK government welfare cuts, says children to go hungry
NGO The Human Rights Watch accused the government of carrying out welfare cuts that had seen tens of thousands of poor families left without food and thus failing in its responsibility to ensure adequate sustenance for its citizens.
UK house price growth eases, London a drag
UK house price growth slowed in May, while all but two London boroughs saw a decline, according to the latest survey from Rightmove.
Trump threatens to 'end Iran' as tensions escalate
Trump warned Iran to stop threatening the US and not to contemplate instigating a conflict or it would “end” the Islamic Republic.
British households increasingly concerned about their financial health - survey
British households are becoming increasingly pessimistic about their financial wellbeing, despite record levels of employment, a survey showed on Monday.
Google to curtail Huawei's Android access after US blacklisting
Google has restricted mobile phone giant Huawei from some features of its Android operating system following the Trump administration's blacklisting of the Chinese outfit.