BUSINESS

EY Item Club findings show oil price collapse means more money in consumers' pockets.

In submission to Treasury, British Bankers' Association said bitcoin would be risky for customers and the financial system.

Bitcoin stabilises, while IBM and Samsung work on blockchain tech and tipping comes to Facebook.

Tesco has slashed prices on 380 products.

Edward Snowden leak reveals how British spy agency GCHQ tracked iPhone users through Apple security exploit

CBI says quarterly financial services business volume index rose to +57 in December.

Despite monitoring North Korean hackers since 2010, the NSA was unable to prevent the devastating cyber-attack on Sony Pictures

Kingsoft develops entertainment, Internet security and enterprise software.

Joseph Rowntree Foundation says 8.1 million people live below the Minimum Income Standard (MIS).

The Prime Minister is expected to announce more Conservative manifesto commitments.

The Labour leader is expected to make the general election manifesto commitment today.

The ECB could approve a bond-buying scheme on 22 January to battle deflation and revive growth in the eurozone.

The Centre for Cities calculates that for every 12 jobs created in the south, only one was created in the north.

Moody's changes aviation industry outlook to positive from stable.

Oxfam reveals richest 1% will own 50% of world's wealth by 2016.

Discussions are at early stage and there is no surety that deal will be reached, Sunday Times reports.

Moneyhorse Games cancels gaming project, unable to complete crowdfunding target for game.

London is still the most expensive city for renting in the UK.

Netanyahu says Israel should decrease dependence on Western Europe markets due to the rising Islamisation and anti-Semitism.

London Central Property (LCP) says its fund received 15 inquiries from Swiss investors on 16 January morning.

Risk sentiment improves ahead of next week's ECB meeting.

Gold up to four-month high while palladium down to three-month low

Global crude oil market remains 'considerably oversupplied' keeping prices under pressure.

Since ECB chief Mario Draghi hinted at additional stimulus, euro has lost more than 5% vs dollar.

Markets to track the ECB's monetary policy decision, due out on 22 January, to see how it influences gold prices.

ECB and Draghi in focus next week with more stimulus from region largely priced in.

Softcard was founded by AT&T Mobility, T-Mobile USA and Verizon Wireless.

Thousands of jihadist Twitter accounts still active despite Anonymous #OpCharlieHebdo campaign.

An example of this "Silk Road" is the container rail freight service between Duisburg, Germany and Chongqing with a major rail/road container service centre at Xi'an's "Inland Port"