Finance | Voice of London

Dec102018 by Voice of LondonNo Comments

Cryptocurrency: What the hell is it?

Cryptocurrency is a relatively new concept. Invented in 2008 by an unknown source known as Satoshi Nakamoto, Bitcoin has become the most famous cryptocurrency to date. Bitcoin has set the scene for other cryptocurrencies to be able to function on a global sphere. More and more people are utilising Bitcoin technology to start their own businesses and develop their own medium of exchanges with Blockchain technology. Voice of London interviewed random students across University of Westminster to see what the overall consensus on Cryptocurrency was, as well as a few young people who were well-versed in the concept. Voice of London also spoke to co-founder of Blockchain.com, Nicolas Cary, about his experience with Blockchain: "Blockchain technology is revolutionary in that

High street stores swing into the red on PPI claims

Business, Finance, Lifestyle, Shopping

Companies like Debenhams, Barclays, and Dorothy Perkins have paid more than £30 billion since January of 2011 to customers complaining about policies. In fact, Lloyds Banking Group has put another £460 million aside in cost of mis-selling claims. Deadline to make PPI complaint is August 29, 2019. How did PPI become contentious? Payment Protection Insurance was designed to help people cover repayments during unforeseen circumstances, for example having an accident or being unwell. It was added to things like credit cards, loans, store cards and other kinds of credit. It turned out to be controversial as it was highly mis-sold. For instance, people did not realise it was an optional policy, and some of them didn’t even know they had one. For others, it was straight up not

The Great (Invisible) Divide

Brexit, Europe, Finance, News, Politics, UK, World

Nigel Farage, the face of Euroscepticism, told Leading Britain’s Conversation (LBC) that the Irish border issue was “the greatest hoax in modern history”. This 499km ‘hoax’ has been a thorn in every Brexiteer’s side for almost 900 days now. But did anyone know about it when they voted? Do they know about it now? Voice of London took to the streets of London to ask people what they knew about the Irish border, and what they thought of Brexit: https://www.youtube.com/watch?v=2we8REeR_tA&feature=youtu.be Brexit negotiations are at a ‘critical point’ according to Prime Minister Theresa May ahead of an EU summit in Brussels this week and together with the EU, the UK said that they would consider technological solutions to replace a border backstop. https://twitte