Leisure spending to hold up in 2018 but fails to give boost to struggling eating out industry February 6, 2018 Leisure spending will hold up in the UK this year as millennials flock to the pub. Consumers reported that they expected to spend more on enjoying themselves in 2018, according to Deloitte’s quarterly survey. Spending held up in the final quarter of 2017, especially amongst millennials who drove a resurgence in spending at pubs and [...]
All eyes on Bank of England governor Mark Carney as rates decision due tomorrow May 9, 2018 The chances of the Bank of England (BoE) not raising interest rates in May seemed inconceivable just a few months ago. Back in February, BoE deputy governor Ben Broadbent said that it would not be a “great shock” to the economy if the Bank raised interest rates twice this year. Now, it will be a [...]
Opinion: How to tell if you’re in a buyer or a seller’s market and how that affects your purchase/sale? August 31, 2018 How do I know if my area is a seller’s market? A seller’s market is great news for homeowners. The balance of power is in your favour as there are more buyers than homes for sale in the area. Properties sell quicker and often attract multiple offers causing a bidding frenzy. At PropCast, we’ve built [...]
Challenger bank Revolut brings out ‘disposable’ virtual cards to help combat payment fraud March 22, 2018 In an effort to combat payment fraud, challenger bank Revolut has launched single-use virtual cards. When the details of a virtual Revolut debit card are used once to make an online payment, they will be destroyed and a new virtual card will automatically be generated. The technology is aimed at preventing scammers from copying card [...]
Booming optimism about the global economy is driving UK CEO confidence for business this year, according to PwC January 22, 2018 UK chief executives are optimistic about global economic growth prospects and their bullish attitude is driving business confidence, according to new research. Though the final shape of Brexit is as-yet undecided, PwC’s annual survey of business chiefs reveals 96 per cent of UK bosses expect their revenue to increase over the next three years – [...]
Markets brace for the latest Bank of England interest rate decision May 1, 2018 Following a decade without so much as a hint of a rate rise, expectations are high for the UK’s second increase in just seven months. Most economists expect the Bank of England to raise the base rate to 0.75 per cent this month, up from the current 0.5 per cent. The UK’s economic picture is [...]
Take Pride in your work: representation in advertising isn’t just about ‘pinkwashing’ July 2, 2018 REPRESENTATION matters. Advertising is a constant presence in our everyday lives, but for people in minority groups, it’s not a given that they will see themselves depicted in the media. Take the LGBTQ community. Seven per cent of the UK population identify as lesbian, gay, bisexual, transgender, or otherwise queer, according to the Stonewall charity. [...]
Despite recent emerging market struggles, there are plenty of reasons to invest in India September 11, 2018 Of all the emerging market economies, China usually garners the most attention. And with China often hogging the limelight, India can be the neglected cousin. Yet, there are plenty of reasons for investors to get excited about this developing nation, particularly as Chinese growth slows down. Admittedly, the burgeoning trade war with the US creates [...]
Pride and the LGBTQ: Why representation in advertising isn’t just about “pinkwashing” July 2, 2018 Representation matters. Advertising is a constant presence in our everyday lives, but for people in minority groups, it’s not a given that they will see themselves depicted in the media. Take the LGBTQ community. Seven per cent of the UK population identify as lesbian, gay, bisexual, transgender, or otherwise queer, according to the Stonewall charity. [...]
Bank of England must hold interest rates and wait for signs of a rebound says shadow MPC June 20, 2018 City economists are all but certain the Bank of England will not announce a rise in interest rates tomorrow, with City A.M.’s shadow monetary policy committee (MPC) voting unanimously to hold fire. The Bank’s top economists have made it clear that they see rising upward pressures on wages, a key component of domestically generated inflation, [...]