Czech billionaire set to get $750m windfall after listing lottery operator in New York April 3, 2022 Czech billionaire Karel Komárek is set to a receive a payout worth $750m (£572m), after floating the gambling company, that is set to take over from Camelot in running the UK’s National Lottery, on the New York stock exchange. Komárek is set to be the main beneficiary of a $750m cash windfall, after he lists [...]
Londoners more worried about housing and work situation than those in any other region of the UK April 1, 2022 Those living in London are more worried about what their work and housing situation will look like when they’re older, than those living in any other region of the UK. Although Londoners are confident in their health and believe they have enough savings to last them into old age, those living in London have significant [...]
Students to ‘shoulder burden’ of public finances under loan reforms March 29, 2022 Students will be left shouldering the burden of Covid and Brexit under reforms to the loans repayment scheme, economic analysts have warned.
Six strategies for your retirement income March 22, 2022 | City Talk What surprises me most about my wife’s catering business is how much food is usually left over. I often ask: ‘Is there a better way to manage food costs?’. Her answer is always the same: ‘Better to have food left over than fall short.’ She has the exceptional ability to estimate how much each person [...]
Soaring inflation is UK’s main financial concern March 20, 2022 Soaring inflation is the top financial concern for UK adults, in both the long and short term, according to new research from M&G Wealth. A quarter (25 per cent) of UK adults cited soaring inflation as their main financial concern over the coming year, according to a survey of 2,000 people. A further 18 per [...]
Exclusive: Aspire chairman Paul Farrer warns Brits ‘not to walk blindly into four day week’ March 20, 2022 From a healthier work/life balance and greater job flexibility to giving employees the freedom to spend more time with their family or even focus on a side hustle, the potential advantages of the four day working week are huge. Businesses could stand to benefit too, with happier, more productive and focused staff. Amid record level [...]
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Take advice from financial crime and forensic support services March 15, 2022 | Sponsored Stopping Financial crime, money laundering and terrorist financing remain high on the government’s agenda. HMRC, the FCA and similar bodies are getting tougher on firms that cannot clearly demonstrate the ability to manage their financial crime risks. Supervisors want to see robust governance, appropriate, risk-based policies and procedures, thorough training and effective internal control mechanisms. [...]
Price pinch: Most Brits financially struggling or worried as inflation rises and Ukraine war rages March 14, 2022 Almost 60 per cent of Brits either struggling financially, or concerned about money in the near future, due to Russia’s war in Ukraine and the cost of living crisis. The economic effect of the conflict has exacerbated the rise in energy and food, against the backdrop of increasing inflation, which is set to exceed the [...]