Under-35s bearing brunt of jobs crisis

Head of economics at the British Chambers of Commerce, Suren Thiru, said:  “Unemployment remains on course to peak towards the end of 2021, once the furlough scheme expires and those who stopped job hunting during the pandemic look to return to the workforce as restrictions ease.

Car insurance sees biggest price drop in six years

He added that the quote an insurer gives you depends on a set of personalised circumstances, including the type of car you drive, where you live, your driving history, your no-claims bonuses, the technology that might be in your car, the age of your car, or even your relationship status.

Bank of England to consider digital money plan

It would basically be a digital version of sterling, backed by the Bank of England, that could change the payments system, the plumbing of the financial system. It would not be a Bitcoin-style speculative asset with wild fluctuations in value. But there will be limited appeal for the fans of crypto, who invest precisely because of their scepticism about central banks.

UK government intervenes in Nvidia takeover of chip designer Arm

But much has changed since 2016. Arm being bought by Nvidia is, it appears, a national security concern now in a way that the Softbank deal was not. Why? Well the vital importance of the semiconductor industry has become clear in recent months, with chips at the centre of a US-China trade war and chip shortages halting production at car plants.