Banks to be banned from charging excessive fees for overdrafts
Banks made more than 2.4 billion pounds from overdraft fees last year. The Financial Conduct Authority (FCA) has branded the high-cost credit sector “dysfunctional” and is set to…
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Date set for the Brexit vote in House of Commons
The House of Commons will vote on the Brexit agreement of Theresa May in the week of January 14, the British Prime Minister announced on Monday. Opposition leader…
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EU’s Moscovici ‘hopeful’ Italy can avoid sanctions
France is not receiving favourable treatment, insists EU Commissioner Rome and Paris are not being held to two different standards, European Economic Affairs Commissioner Pierre Moscovici has reiterated today, saying…
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In IT, Innovation and Startups
IT watchdog says ‘no evidence’ of Huawei spying
Germany’s IT watchdog has expressed scepticism about calls for a boycott of Chinese telecoms giant Huawei, saying it has seen no evidence the firm could use its equipment…
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In IT, Innovation and Startups
Anger as amazon.com stops most deliveries from US to Switzerland
Purchases made on the US-based amazon.com website will no longer be delivered to Switzerland as of December 26th with only digital products like eBooks and apps escaping the…
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Theresa May survived the vote of confidence, vows to continue… something
The decision is made. Theresa May can stay on as the leader of the British Conservatives and as the prime minister of the United Kingdom. During a vote…
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Pound rallies despite new Brexit turmoil
Markets assume Theresa May can survive confidence vote and cut risk of a no-deal Brexit leader. The pound has rallied amid speculation Theresa May can survive the vote…
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