United Kingdom
Apple Could Stop Selling iPhone in the UK if Government Passes Bill Banning Encryption
The UK government is trying to pass a bill that would ban strong end-to-end encryption that could force Apple to stop selling its iPhone in that country. According to Forbes, the UK government plans to pass legislation that would prohibit the use of strong encryption, which means any encryption they can't break is not allowed.
HSBC Pre-Tax Profit grew more than expected due to lower regulatory fines cost
Due to the lower cost of regulatory fines, HSBC's pre-tax profit in the third quarter increased 32 percent to $6.1 billion from $4.6 billion in the same period last year, beating analysts' expectations of $5.2 billion.
TalkTalk hacked details sold in black market for just over a pound each
Hacked TalkTalk customers' bank details are now up for sale for just over a £1 each in black market websites. Express reported that the details emerged online Sunday.
Despite growth in lending, UK mortgage approvals dive down
Contrary to economists' expectations, the number of approvals in UK mortgages suddenly dropped in September for the first time in the past four months. The mortgages rose significantly in August indicating the highest level since early 2014.