Currency

Bitcoin, the cryptocurrency, continues to smash through price barriers, with one Bitcoin this week breaking through the $11,000 mark (then back to $9,000, then who knows what by the time you read this). Some early adopters have made millions and Facebook is now full of adverts to tempt the public to invest their hard-squirrelled cash in it.

The pound is still in the doldrums. Even after a slight strengthening on the back of Tuesday’s election announcement it still currently only buys just €1.20. Against the dollar, the rate is just $1.28 – historically very poor.