Next boss warns of two cost of living crises after slashing forecasts September 29, 2022 Next has slashed its sales forecasts for the second half of the year today despite a 16 per cent jump in pre-tax profit in the six months to July.
Keeping entrepreneurial spirits high despite the economic challenges September 29, 2022 With the holiday season over and as we start the autumn term, many of us will have friends or family members either starting university, advancing their education and training, or entering the workforce for the first time.Emerging from a global pandemic, addressing an increasingly urgent climate crisis and facing an uncertain global economic and political [...]
Revolut wins full crypto authorisation from City regulator September 27, 2022 Revolut has secured authorisation to provide full crypto services in the UK after months of wrangling with the City regulator as it waited on a temporary register.
Unlock pension cash or start-ups will continue to flee, says Phoenix chief September 27, 2022 Pension cash must be freed up to flow into high-growth British firms or more homegrown startups will be driven overseas, the chair of pensions giant Phoenix warned today.
UK Holiday Property Investment September 27, 2022 | Sponsored 7% fixed NET return1 The UK holiday industry has shown signs of a strong recovery from the disruptions posed by the global pandemic. Research by the World Travel & Tourism Council (WTTC) forecast that the UK’s travel and tourism sector’s contribution to the economy could rise to £192 billion in 2022. The British public have [...]
Fraud rates surge after scammers swoop through lockdowns September 26, 2022 Fraud rates jumped by over a quarter last year as scammers swooped on vulnerable Brits amid pandemic lockdowns, official figures revealed today.
Weekend exclusive: More and more households depend on cash sent by family abroad September 26, 2022 Cross-border payments are increasingly vital to the financial survival of families around the world. This was the case at the height of the Covid-19 crisis and continues to play be the case post-pandemic, Mastercard in London exclusively shared with City A.M. this morning. More than two years on since the start of the pandemic, the [...]
‘The Future of Money’: book review September 26, 2022 | City Talk Are cryptocurrencies the next big investment, a fad or a currency that will transform the economic and financial landscape? What are some of the advantages and shortcomings of digital currencies? Who will benefit from them? Eswar S. Prasad attempts to address these questions in The Future of Money: How the Digital Revolution Is Transforming Currencies [...]
3 benefits-packed tech jobs of the week September 26, 2022 The demand for experts within tech companies is at an all-time high, and expected to rise even higher as we move towards 2023. Higher salaries and competitive non-financial benefits such as unlimited paid time off and travel allowances are just some of the reasons people are moving into roles with tech companies. Throw in the [...]
Govt defends unlimited City bonuses: ‘Finance jobs should be in London, not in New York or Paris’ September 26, 2022 The government defended its intention to lift the bankers bonus cap this morning, saying it wants to protect and attract job creation in the City and Canary Wharf, rather than other finance hubs taking over. “We want finance jobs to be here, to be in London, not in New York or Paris,” said Work and Pensions [...]
