Browsing: Finance

How to Report Benefit Fraud on Universal Credit: Overpayments Cost £5 Billion to UK Taxpayers The Department for Work and Pensions (DWP) recently disclosed global credit statistics, revealing that fraud and error had resulted in massive overpayments. Fortunately, when fraud is detected, it is possible to take action. As the coronavirus wreaked havoc on the economy over the previous year or so, Universal Credit became increasingly important for many. Thousands of families were forced to rely on government assistance in 2020, yet the instability brought with it an increase in fraud. The Department for Work and Pensions revealed last week…

Beginner’s Guide to Investing: How to Fill the Investment Gap When it comes to investing or saving, many Britons prefer to keep their money in a savings account rather than invest it, but with interest rates as low as they are, some may consider a possibly more profitable choice. Many things may be preventing you from dipping your toe into the financial pool, whether it’s because the danger appears to be too great, the vocabulary is too confusing, or you don’t know where to start. The most recent study from Charles Stanley Direct throws some light on the facts and…

WAR BETWEEN CHINA AND BTC: WHY HAS CHINA ‘BANNED’ CRYPTOCURRENCY? CHINA has intensified its campaign against cryptocurrencies like bitcoin, Ethereum, and others, attempting to limit trading and mining. What is the reason for China’s cryptocurrency ban? China has lately imposed new regulations on cryptocurrencies in general, not just on prominent players like Bitcoin and Ethereum. In May, the cryptocurrency market fell as China’s booming sector was severely restricted by Chinese financial authorities, as well as Tesla CEO Elon Musk’s move against Bitcoin. China has now taken a step further in its anti-trading and anti-mining measures, banning a number of cryptocurrency-related…

Dogecoin giveaway: Coinbase is giving away $1.2 million in DOGE – here’s how to get some. DOGECOIN has swept the world by storm, and Coinbase, America’s largest crypto exchange, has held a contest to commemorate DOGE’s Coinbase debut. Discover how to take part in the Dogecoin giveaway. Coinbase is giving out £850,000 ($1.2 million) worth of DOGE coins this month to commemorate Dogecoin’s remarkable climb to stardom this year. On June 3, the popular memecoin was listed on the exchange’s professional platform, reigniting interest in the Shiba Inu-themed asset. Customers of Coinbase can now participate in a DOGE sweepstake to…

Cryptocurrency: Is El Salvador on the verge of becoming a crypto industry leader? THE CRYPTOCURRENCY INDUSTRY reached a big milestone today when El Salvador declared Bitcoin to be legal tender, but does this portend a trend for the world economy? After the country’s president opted to accept cryptocurrency, Bitcoin will soon be used as legal tender in El Salvador. The usage of the digital coin will not be compulsory, and the US dollar will continue to be the country’s official currency. Many cryptocurrency specialists, on the other hand, have lauded the decision as a significant step forward for the global…

After El Salvador, Bitcoin is expected to take “huge steps” – an analyst expects it will become a “viable alternative” to fiat currency. After El Salvador formally recognized Bitcoin as legal tender, a crypto specialist believes the flagship cryptocurrency still has a bright future ahead of it. The acceptance of Bitcoin by mainstream institutions is a strong sign of the cryptocurrency’s growing popularity. BTC and other virtual tokens have long been linked to drug trafficking and other illegal activity on the internet’s darkest corners. El Salvador’s Congress authorized plans to use Bitcoin as a form of payment this week, which…

Bitcoin price crash: Fears of a ‘death cross’ as cryptocurrencies tumble – ETH and DOGE drop CRYPTOCURRENCY values have dropped overnight on fears that the market may experience “death-cross” conditions, but experts say “the most of the agony has already occurred.” Bitcoin fell sharply from $36,040 at 10.45 p.m. last night to $34,935 at 5 a.m., a decline of 3%. Ethereum decreased 4.2 percent from 1.05 a.m. to 7.05 a.m., from $2,415 to $2,315 dollars. Overnight, dogecoin dropped 2.8 percent from 0.317 to 0.308. The death cross, according to Cryptosrus’ George, is a “lagging indication” reflecting market moves over the…

According to British ‘Elon Musk,’ we need to be more Thatcher-like and put business first. A TECH mogul dubbed the “British Elon Musk” has called for a new spirit of Thatcherism to aid the country’s recovery from the recession. If we followed former Tory Prime Minister Margaret Thatcher’s “business first” philosophy, there would be “loads of opportunities,” according to millionaire Martin Warner. Mr Warner, 49, is the founder of a number of businesses in the United Kingdom and the United States, and he wants the government to offer incentives for entrepreneurs. Tax advantages for businesses, entrepreneurship grants, and enterprise zones…

The world is invited to visit Ashling Park’s wine paradise. With stays in scenic lodges now added to its vineyard tours and tastings, English wine maker Ashling Park is in the pink, like the bubbles rising in a glass of its prize-winning sparkling rosé. The company launched its first bottles in 2017 while overlooking the natural splendors of the South Downs National Park in West Sussex, where the chalky soil is good terrain for grape farming. It is part of a new wave that represents English wine’s continued resurrection and the respect it now enjoys as a result of investment,…

‘Be prepared to lose all your money,’ says a crypto expert when it comes to price predictions. In the United Kingdom, more than two million people own cryptocurrencies, but the City regulator is advising them that they should be “prepared to lose all their money.” So, what are the potential dangers of investing in cryptocurrencies? According to the Financial Conduct Authority (FCA), 2.3 million adults in the United Kingdom own cryptoassets, up from 1.9 million last year. However, the regulator is warning that, based on data, people’s comprehension of bitcoin appears to have deteriorated. The FCA issued consumer data on…

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