Technology

Europe’s startup sector has a “shocking” lack of diversity, with 93% of all funds raised in 2018 going to all-male founding teams, according to a report by the investment firm Atomico.

The Bank of England (BoE) is staging a day-long war gaming exercise on Friday designed to test the resilience of the financial system in the event of a major cyber-attack.

Houlihan Lokey has announced two new hires that substantially strengthen the firm’s Technology, Media & Telecom (TMT) Group.

Technology is going to fundamentally transform the banking industry over the coming years, a former Barclays CEO told CNBC on Monday.

More than six million workers are worried their jobs could be replaced by machines over the next decade, according to a report urging trade unions and the government to provide more support for those at risk.

The Bank of England has warned that bitcoin faces a regulatory crackdown, warning that “inherently risky” cryptocurrencies are failing to fulfil their most basic function as money.

The Nobel prize-winning economist Robert Shiller has said bitcoin will not be a “permanent feature” of the financial world, as politicians indicated that a clampdown on cryptocurrencies was coming.

Just 10 days into 2018 and Jeff Bezos, the founder of Amazon and a thorn in the side of Donald Trump, has seen his personal wealth soar by $6bn (£4.4bn).