Screening service Check4Cancer beats crowdfunding target on Syndicate Room and raises £550,543 November 26, 2015 Cancer-screening service Check4Cancer has beaten its funding target on crowdfunding platform SyndicateRoom, having raised £550,543 – 110 per cent of its original target of £4,99,936. Check4Cancer, which offers early screenings to check for cancer using technology not available on the NHS, is available for private clients in the UK, and was looking for investment to grow. The company will use the [...]
Low inflation and falling unemployment mean it will be a bumper Black Friday 2015 UK November 26, 2015 More than a week’s worth of UK online spending in one day – that’s what Black Friday is estimated to bring in. Average weekly online spending in the UK last month was £839.1m. For Black Friday alone it will be close to £1bn according to the Centre for Retail Research. Total Black Friday sales (including [...]
Exports of British gin have risen 37 per cent in the last five years, thanks to the James Bond and Downton Abbey effect November 26, 2015 James Bond may be known for his vodka martinis, shaken not stirred obviously, but the spy is responsible for a boom in British gin exports too. Over the last five years, global exports of British gin have risen 37 per cent, with sales worth £1.76bn in 139 countries, according to the Wine and Spirit Trade Association [...]
Black Friday 2015 UK sales: Shoppers looking for deals will spend 50 per cent more on than on a normal Friday with impulse buys November 26, 2015 Black Friday 2015 is upon us, and most retailers are expecting bumper sales this year. Shoppers spend 50 per cent more on Black Friday than on a regular Friday, according to Nationwide figures. The bank's customers spent £142m on Black Friday 2014, compared to £94.4m normally, and more than half of them bought on a whim. The bank [...]
Barclays fined £72m by Financial Conduct Authority for failing to undertake proper financial crime checks – but share price is up November 26, 2015 The Financial Conduct Authority (FCA) today announced it was fining Barclays £72m for "failing to minimise the risk it may have been used to facilitate financial crime." In 2011 and 2012 Barclays oversaw a £1.88bn transaction between a number of "politically exposed" ultra-high net worth individuals, who are seen to be especially vulnerable to the risk of [...]
Turkish embassy in Moscow attacked by protestors as row over downed aircraft continues November 25, 2015 Protestors have gathered outside the Turkish embassy in Moscow, throwing stones and breaking windows, as the diplomatic crisis between the two countries rumbles on after a Russian warplane was allegedly shot-down over Turkish airspace. The Russian flight engineer, Captain Konstantin Murakhtin, who was returned to his base after a 12-hour rescue mission today with Russian and [...]
American Airlines has stopped accepting Argentine pesos for ticket sales November 25, 2015 American Airlines has stopped accepting Argentine pesos to pay for tickets due to currency controls that make it hard to convert receipts into US dollars. American Airlines told City A.M.: We have not reduced our flights, although we currently do not have inventory available for purchase in Argentine Pesos due to repatriation issues. We look [...]
Autumn Statement 2015: London’s public servants have nothing to fear from departmental cuts November 25, 2015 Spending cuts mean job cuts, hundreds of thousands of them. 450,000 people have lost their job since the public sector workforce peaked at 5.7 million back in 2009. George Osborne’s spending plans suggest a similar number will go by 2020. So it’s perfectly understandable for London’s public servants to feel a little nervous about the [...]
Autumn Statement 2015: Everything you need to know about the apprenticeship levy to raise £3m from businesses November 25, 2015 George Osborne today announced an apprenticeship levy, to help fund employer apprenticeship schemes and "invest in Britain's future." What is it? The levy will be introduced in April 2017 at a rate of 0.5 per cent of an employer’s paybill, and will deliver three million apprenticeships starting by 2020. In the last parliament, 2.4 million apprenticeships were delivered by the government. Employers [...]
Spectre and the Rugby World Cup boost leisure spending in Britain to £5.4bn in October November 25, 2015 British households spent an average of £206 each on leisure activities in October, up nine per cent, or £18, from this time last year, but down one per cent from September 2015. That equates to a total spend on leisure activities of £5.4bn in Britain last month. Wetter weather in October held back monthly spending slightly, although [...]
