Financial watchdog warns of risky cryptoasset investments as bitcoin tumbles – business live
Rolling coverage of the latest economic and financial news
- FCA: You might lose all your money in cryptoassets
- Five reasons to be careful
- Bitcoin falls back to $34,000, after hitting $40,000 last week
- Still up 300% in 12 months
- FTSE 100 drops as tougher Covid-19 restrictions loom
Time for a quick recap.
Investing in cryptoassets, or investments and lending linked to them, generally involves taking very high risks with investors’ money. If consumers invest in these types of product, they should be prepared to lose all their money.
As with all high-risk, speculative investments, consumers should make sure they understand what they’re investing in, the risks associated with investing, and any regulatory protections that apply.
Heathrow has suffered its quietest year in decades, due to the pandemic.
Transport correspondent Gwyn Topham explains:
The number of passengers at Britain’s biggest airport slumped by 73% in 2020 to the smallest annual total since 1975 due to the travel restrictions caused by the Covid-19 pandemic.
Just 22.1 million travellers passed through Heathrow last year, 59 million fewer than in 2019. December figures were higher than November, rising to 1.1 million as Britain came briefly out of lockdown, but finished 83% below the previous December as the new variant of Covid-19 led to more border closures and halted many flights.
Related: Passengers at Heathrow down by 73% in 2020 due to Covid
