Thursday, December 13The Voice of London

Tag: money

Cryptocurrency: What the hell is it?

Cryptocurrency: What the hell is it?

Finance, Specials, World
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
Why do we still care about Madeleine McCann?

Why do we still care about Madeleine McCann?

Featured, News, UK, Uncategorized, World
11 years of searching, £11.75m of taxpayers money, and still nothing to show for it. This is the reality of the search for Madeleine McCann. Police received a further £150,000 in government funding last week to aid their search. The investigation was taken up by The Metropolitan Police in 2011 after the Portuguese police had few successes in their search. BBC News reported that detectives have been applying to the Home Office every six months for a grant to continue their work. The extra influx of cash was met with criticism from other parents of missing children around the UK, claiming "all missing children need a voice." Karen Downes, the mother of 14-year-old Charlene Downes, told the Mirror, "A child goes missing in the UK every three minutes. What about all those others who neve
Virgin Media and EE fined £13.3M for overcharging customers

Virgin Media and EE fined £13.3M for overcharging customers

News, UK
Ofcom fined the two companies for overcharging roughly 500,000 broadband and phone customers for wanting to leave their contracts early. According to the BBC, Ofcom says that nearly 500,000 customers are affected by excessive exit fees, in addition to 82,000 Virgin customers being over-billed by £2.8M. Virgin said it would appeal. https://twitter.com/Ofcom/status/1063340993204883456 Ofcom said that both companies broke consumer protection rules by not clearly informing customers beforehand that they would have to pay if they ended their contract early and by imposing an “excessive” fees to leave. Gaucho Rasmussen, the Director of Investigations and Enforcement at Ofcom, said: “EE and Virgin Media broke our rules by overcharging people who ended their contracts early. Those people wer
Running out of money while at university? Here’s what to do

Running out of money while at university? Here’s what to do

Featured, News
As reported by the Save the Student’s recent National Student Money Survey, 78% of students experience financial stress.   Many students run out of funds while studying. A new research study has revealed that 11% of students spend most of their student loan within the first two weeks of term and more than 50% spend it all before the term ends. Here are some steps and solutions that will help you get through your financial difficulties.   Control your spending: You can’t stop spending completely, as you need to pay for the essentials - accommodation, food and bills. But, you can make cutbacks and seek cheaper alternatives. Small changes make big differences. Why not try cooking with your housemates instead of getting takeaways? Learn new techniques to save mon
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