Why Egypt just let its currency crash by 48%

Egypt tried to draw a line under a deep economic crisis Thursday by allowing its currency to float freely. The move saw the Egyptian pound crash 48% against the U.S. dollar, but should mean the…






Insurer to analyse drivers’ Facebook profiles

An insurance company is to analyse the personalities of first-time drivers by checking their Facebook profiles. Under the optional scheme, Admiral said it will use an algorithm to examine social media pages to determine whether…



MPs: Flood strategy needs ‘radical’ overhaul

The Environment Agency and the way we handle the risk of flooding need a major overhaul, according to a group of MPs. Although the Government is spending more money on managing the risk of flooding,…


The EU just saved half a billion bucks

It feels great to get a deal done, eh? Europe and Canada just signed a wide-ranging free trade agreement on Sunday, to make it easier and cheaper to conduct trans-Atlantic trade in goods and services….