The surprising source of Lord Sugar’s wealth revealed

The surprising source of Lord Sugar’s wealth revealed


LORD ALAN SUGAR is now known as one of the UK’s most successful business tycoons and the face of hit TV series ‘The Apprentice’, but his wealth comes from a surprising source according to an unearthed article.

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Russia plans to grab what’s left of dwindling bitcoin supply

Russia plans to grab what’s left of dwindling bitcoin supply


A REMOTE crypto mining firm with direct links to the Russian government is aiming to gather up what’s left of the supply of bitcoin before it runs out. Dmitry Marinichev, the chief executive of the Russian Mining Company, says that he is planning to convert a massive former steelworks close to the Finnish border into an elite, purpose-built bitcoin mining facility.

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Pound US Dollar exchange rate: GBP/USD rises as US Federal Reserve slashes interest rates

Pound US Dollar exchange rate: GBP/USD rises as US Federal Reserve slashes interest rates


The pound rose against the US dollar today after the US Federal Reserve cut rates for the third time this year, leaving the pairing trading around $1.292. The US Federal Reserve lowered its policy rate by 25 basis points on Wednesday. With no explicit signal from the bank that it’s done with easing, the statement was seen as less hawkish than anticipated, which weighed on the dollar.

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Pound euro exchange rate: GBP/EUR rises, Eurozone improves but downside risks remain

Pound euro exchange rate: GBP/EUR rises, Eurozone improves but downside risks remain


The pound euro exchange rate edged higher today, with the pairing currently trading around €1.160. The Eurozone’s surprise growth of 0.2 percent in the third-quarter failed to bolster the European currency, with worsening economic sentiment and heightened geopolitical uncertainties dampening hopes of the Eurozone’s economic recovery.

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Pension: Workers issued ‘stark warning’ on saving for retirement - are you saving enough?

Pension: Workers issued ‘stark warning’ on saving for retirement - are you saving enough?


PENSION savers have been issued with a “stark warning” it has been said, after new figures suggest a worker on average earnings should be saving £800 a month in order to have a “moderate” lifestyle in retirement, with a report finding that the state pension and some pension contributions may not be sufficient for this way of life.

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