
Banks charge small firms extra £4bn on top of standard fees for money transfers
Small firms are paying out £4bn a year in built-in costs when they transfer money overseas using the nation’s high street banks, a landmark study has estimated, and Barclays’ customers are said to be the worst off. The analysis by payments consultancy Accourt, which was commissioned by online …

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Rupert Murdoch's surprise exit from Fox leaves son Lachlan in line of succession at media empire
NEW YORK (AP) — Magnate Rupert Murdoch’s surprise announcement Thursday that he’s stepping down as leader of his two companies leaves his son Lachlan firmly in line of succession at Fox and the rest of the media empire. The 92-year-old Australian billionaire’s creation of Fox News Channel has made …
Pound falls to six month low against dollar – and there’s worse to come
The pound has fallen to a six month low against the dollar as traders have reined in their expectations for how high interest rates will have to go …
Amazon Prime Video to introduce ads for subscribers to raise more cash after competitors
Amazon Prime Video will start showing ads on its service as it follows moves by its competitors to do the same in an increasingly saturated …
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The Secret History of How the Super-Rich Have Kept the Working Class Out of Work
Tim Gurner, an Australian real estate titan and multimillionaire, made international news last week by being recklessly honest about his desire for …
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Russian Economic Collapse Is Game Over for Putin
The Russian economy has surprised some by withstanding sweeping economic sanctions. However, sanctions do not decapitate the economy, but rather …
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This is how centralized Bitcoin mining has become over the years – Report
In the past years, it has been possible to observe a gradual, but constant trend of fewer Bitcoin (BTC) mining pools dominating the majority of the …