PayPal launches crypto service

PayPal launches crypto service


PayPal embraces virtual assets

Users in the UK will be able to buy and sell Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. This year has seen Bitcoin’s price climb to an all-time high, fall by almost 50 percent, then rebound in recent weeks. The FCA (regulators) warned investors to be prepared to lose money; it was revealed 14% of investors had used debt to invest.

Lorry drivers wanted

Brexit and Covid-19 caused lorry drivers to leave the UK, according to Logistics UK (the largest freight trade association). Business Secretary Kwasi Kwarteng has been warned that the impact on supply chains is getting worse. Lobby groups are calling for various measures, including granting work visas, speeding up training, and improving Covid testing.

Travel test clampdown

Some private Covid travel test providers are being removed from the government website because they either no longer exist or provide the right services. Others will be issued warnings over misleading pricing. Health Secretary Sajid Javid said the move was to clamp down on "cowboy behaviour".

Mountain queues

About 700,000 people visited Snowdon this year, compared with about 500,000 in 2018. It has resulted in 45-minute queues at the peak, and a sharp increase in litter, footpath erosion, wild camping, traffic, and parking.