Business
Why The Potential Gold Slump Will Be Temporary, Hence Presenting a Buying Opportunity
The price of gold has been volatile in recent weeks mainly due to the upcoming US Federal Open Market Committee meeting, during which a decision on the US interest rate will be made. Gold started the second full week in December dipping to a nine-month low. And it’s likely that the yellow metal will remain volatile for some time, at least until investors figure the best path following the FOMC rate decision. Given a handful of positive data regarding the...
Forget Branson, Pukka’s Westwell and Pole is the next big business success story
Forget Richard Branson, the creators of Pukka herbal teas could have the next big business success story. More than one million cups of Pukka Herbs tea are drunk every day in 40 counties, helping the company to a £28million annual turnover. But it all started as a single classified advert in a local magazine. Boss Tim Westwell, 55, has revealed the incredible story of how he met co-founder Sebastian Pole and how he battled depression and chronic back pain to make...
What happens if I can’t afford to pay HMRC?
Your company is in debt, and your main credit is the most intimidating and powerful of them all: HMRC. What can you do, as a director, if your business owes money to HMRC that it just can’t afford to pay? MGJL has helped distressed companies manage their debts (including HMRC arrears) since 2007. Over the years, they have helped numerous companies recover from dire financial situations that involved serious tax debts to HMRC. Being in debt to HMRC is a...
The benefits of having a prepaid business account
From high tech to heavy industry, many of the world’s most successful businesses depend on credit to survive, operate and thrive. But an increasing number of businesses are letting credit take a backseat to prepaid business cards, at least when it comes to employee spending. Prepaid business cards, like the Prepaid Mastercard offered by icount, have become a popular alternative to credit cards for many UK businesses, both small and large. Companies tout their ability to reduce fraudulent spending as...
Why your business needs a forensic accountant
For any business owner, the key to success is simple: knowing where your money comes from and where it goes. Whether you sell a product or offer a service, having a deep understanding of your business’ finances gives you more power to make informed, effective decisions that fuel growth and help make each quarter more successful than the last. The stronger your understanding of your business’ finances, the more capably you’ll be able to operate and grow. Enter the forensic...
Your Professional Network Can Now Be Built With A Swipe
Following the emergence of quick-fire dating apps such as Tinder, happn and Grinder, a clever business app has taken off using the same premise that aims to build productive business relationships rather than fleeting encounters. Meet Shapr, a free networking app (iOS and Android) that suggests a daily batch of 10 to 15 nearby professionals who are also interested in expanding their professional networks. It’s like LinkedIn, but a lot cooler and much less formal. If a formalised ‘networking breakfast...
Is London a good location for contractors?
More than 4.5 million people across the UK are now self-employed, and the number of contractors continues to grow at a healthy rate every month, according to the Office for National Statistics. In today’s digital and connected business landscape, being your own boss is easier than ever before and there is a wealth of contract job roles available in nearly every sector. London would seem like an obvious hub for skilled professionals, but is it really that well suited for...
Pictures: Amazon Completes The World’s First Drone Delivery in Cambridgeshire
Retail giant Amazon has successfully completed the world's first delivery by drone. The driverless plane delivered the order in less than thirty minutes in Cambridgeshire. The billionaire founder of Amazon announced on Twitter that: "First-ever #AmazonPrimeAir customer delivery is in the books." Jeff Bezos, who founded Amazon in 1994, claimed that it took just 13 minutes from click to direct delivery. The new service is known as Amazon Prime Air and promises to get packages to customers in 30 minutes...
These are the monks cashing in on Scotland’s Buckfast addiction
Buckfast gets you fucked fast, as the saying goes. Well, it can also get you minted fast if you're a monk at Buckfast Abbey in Buckfastleigh, Devon. The Charity Commission tpday revealed Buckfast Abbey Trust's income for 2014/15 was £8.8m - mostly coming from its wine. Monks at the abbey have been making Buckfast wine - known as 'buckie' - since the 1920s. But thanks to Scotland's love of the drink, their profits have soared of late. The abbey trust is a shareholder...