Decentralised digital currency Bitcoin is booming, valued at over $16,000 in December 2017 – sixteen times what it was worth at the start of the year.
But is it set to keep rising, or will the bubble burst? As it hits the mainstream, we round up everything you need to know.
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Between art dealers, auction houses, institutions and private collectors, artworks are often on the move – loaned from a private collection to a museum, purchased and sold at auction and displayed on global tours and at art fairs. Insurance and shipping are often among commercial galleries’ and museums’ biggest financial outlays.
The refreshed currency in our pockets, purses and wallets won’t stay there long thanks to the highest inflation in the UK in five years.
While clothing has remained low, food, transport and utility prices have tipped inflation over the edge from 2.9% in August to 3% in September, with wage increases still hobbling behind at an annual rate of 2.1 %, according to the Office for National Statistics (ONS).
After triggering Article 50 in March, there is a wave of new Brexit-specific terms to comprehend. Here are just three of them, with a brief overview of what each means:
Solvency II
After 10 years in the making, the European Insurance and Occupational Pensions Authority introduced a new set of rules which apply to insurers in the EU, known as Solvency II. Under these rules, insurers must have enough capital set aside to cope with the worst anticipated losses over the course of a year.
Read more: Busting Jargon In The Insurance Industry’s Brexit
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