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What is Monzo Bank?

 How does Monzo bank work? You can use your card to pay for anything with money from your Monzo account. The first time you use it, you'll need to pay by Chip and PIN, but after that you can use your card to make online and contactless payments as well. Some countries use magnetic stripe, or 'Magstripe', payments when they swipe your card. Is Monzo a real bank account? Is Monzo a bank? Yes, "Monzo Bank Ltd" is fully authorised in the UK by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. What is Monzo bank good for? Monzo offers all the usual current account services such as receiving your salary, setting up direct debits, standing orders, withdrawing cash with a contactless Mastercard and transferring money. But it also lets you manage your money as well as just hold it. Is Monzo bank safe? You're in safe hands. As a fully regulated UK bank, your money's protected up to £85,000 by the Financial Servic...
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What is Revolut Bank?

 What is Revolut? Revolut offers a range of digital banking services in a mobile app targeted at young tech-savvy users, including: Transferring money abroad in 29 currencies A pre-paid debit card that enables cash machine withdrawals in 120 countries A crypto-currency exchange allowing users to convert currencies into Bitcoin, Litecoin, Ethereum, Bitcoin Cash or XRP Vaults for budgeting and saving money Mobile phone and overseas medical insurance With standard accounts, users get a free UK current account and a free euro IBAN account. There are no fees on exchanging in 24 currencies, up to £5,000 a month, and you can withdraw up to £200 a month from cash machines. Revolut also offers monthly subscription plans with higher thresholds for no fees, as well as instant access to crypto-currencies, cash back, travel and concierge service. Revolut's services are currently only available in Europe, but the firm has plans to expand into North America, Australia, Singapore and Hong Kong soo...
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Best smartphone 2023: The finest Android and Apple phones you can buy today     We've compiled the top Android and Apple cellphones available right now because this year is jam-packed with smartphone launches. Those tiny rectangles in our pockets are something we all want. Smartphones are incredibly important in our daily lives, but choosing the best one can be difficult. But don't worry; we're here to assist you in finding the perfect smartphone. In order to assist you in choosing a smartphone, we thoroughly tested every model with the best coverage available in the UK. Please return often as we constantly update our list of the finest smartphones.   How to pick your ideal smartphone It might be difficult to choose the best smartphone for your needs when there are so many pricey contracts to sort through. To make things simpler, we've included all the information you need to know about choosing a contract and purchasing the ideal smartphone. Should ...
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Virgin Orbit bankruptcy: why the UK's spaceport industry may still have a bright future

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Virgin Orbit bankruptcy: why the UK's spaceport industry may still have a bright future Steffi Paladini The UK’s space sector has shown a remarkable dynamism in the past few years. According to the latest official figures , the sector’s revenue grew about 5.1% in 2021, outpacing the global space industry. This is even more impressive considering the UK’s economy declined over the same period. And there is more to it than just the numbers. The new regulatory framework ( the Space Industry Act 2018 ) intends to attract commercial launches from domestic and international companies, and help the UK join the exclusive club of countries with spaceport ground launch facilities . The recent news that Virgin Orbit had filed for bankruptcy months after its failed rocket launch from Cornwall Airport Newquay has left a question mark hanging over the future of the UK space sector...
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