Is Facebook’s Libra currency a case of corporate megalomania? | Nils Pratley

The planned cryptocurrency has big questions to answer, not least on transparency and trust What is Facebook’s new Libra digital currency? A way to stop money-transfer companies exploiting the world’s poor by skimming off vast fees in cross-border tran…

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Libra: Facebook launches cryptocurrency in bid to shake up global finance

Digital currency will let billions of users make transactions but is raising privacy concernsFacebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a move that co…

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Council staff pensions at risk from Woodford investments

Three Welsh local authorities have put in up to £10m in sister scheme hit by suspension of flagship fundCouncil workers have been left exposed to the underperformance of Neil Woodford’s stock market-listed fund, with a £10m investment by council pensio…

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The Bank of England’s biggest problem? The City of London

Governor Mark Carney should use his Mansion House speech to tell the Square Mile it must stay on a short leashWhen the Bank of England’s governor, Mark Carney, addresses City grandees this Thursday at Mansion House in London, he could step outside his …

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