Image copyright Getty Images The Bank of England is testing the UK’s ability to withstand a major cyber-attack on financial institutions. Some 40 firms, including leading banks, are taking part in a one-day “war-gaming” exercise designed to assess their resilience. The Bank is conducting the exercise on Friday in partnership with regulators and the Treasury. …
Image copyright Getty Images Image caption Netflix has more than 130 million paid memberships across 190 countries The boss of Netflix, Reed Hastings, has told the BBC he is looking forward to going up against Disney when it launches its online streaming service, Disney Plus, next year. “We’ve been competing with Amazon for more than …
Try our interactive map to see how monthly rents change by postcode. Source by [author_name]
Image copyright Christie’s Image caption A copy of Prof Hawking’s best-selling book, signed with a thumbprint, was among the items up for sale Personal effects of Stephen Hawking, including a signed copy of his 1965 PhD thesis, have raised more than £1.8m at auction. A total of 22 items owned by the Cambridge physicist, who …
Image copyright Getty Images About 14 shops are closing every day as UK high streets face their toughest trading climate in five years, a report has found. A net 1,123 stores disappeared from Britain’s top 500 high streets in the first six months of the year, according to the accountancy firm PwC. It said fashion …
Image caption The loss of bank branches is one issue affecting vulnerable customers A committee of MPs is to examine whether vulnerable consumers are being treated fairly by banks and service providers. Among other things the Treasury Committee will look at what banks are doing to stop financial exclusion. It will also examine whether some …
Image copyright Luke McSweeney Image caption Rachael Miller believes the Cora Ball could hugely reduce microfibre pollution Concern is mounting over the volume of plastics in our oceans and, in particular, how tiny particles of plastic and other synthetic materials are infiltrating every part of our ecosystem. Can technology help address the problem? In October …
The BBC’s Aaron Heslehurst explains how the teddy bear became a million dollar idea. Source by [author_name]
Image copyright Getty Images Energy firms SSE and Npower are renegotiating the terms of a merger of their UK retail operations, blaming the introduction of an energy price cap. The merger, which has been cleared by the regulator, is set to create the UK’s second-biggest energy company. Both firms said they still thought the merger …