Whilst London real estate is slowing, the North continues to see positive growth. Quidco, the cashback and rewards company owned by the Maple Syrup Media Group, has recently announced that they are moving in to brand new premises in Sheffield’s Fountain Precinct. The 8,750 sq ft office space is nearly treble the size of the 3,000 sq ft that they currently occupy – a clear indication that it is a business set on rapid and dramatic expansion. The business was...
Do the very rich pay their fair share of taxes? The general consensus across the country would probably assume they don’t, well a new report seems to confirm our suspicions. A third of British super-rich people are having their tax situation investigated. Some people may also be surprised that it is only a one in three of the richest people who might be fiddling the system, but it is at least a start. HM Revenue and Customs (HMRC) is running...
This Sunday at 2am winter will truly be upon us as the clocks go back and the nights start getting darker. Unfortunately spending time in the dark is something Brits are used to, in fact new research by Get More Vitamin Drinks has found that the average office worker is only expected to get 52 minutes of daylight a week over this period. In a finding sure to make Brits dread the winter the average worker is reported to leave for...
Regulators need to undergo a cultural change if we are to avoid sleepwalking into the next financial crisis, a new report has found. The study by Cass Business School for New City Agenda revealed that the Prudential Regulation Authority (PRA) and Bank of England need to go much further to improve transparency and engage with the public, and that the new Financial Conduct Authority (FCA) chief executive Andrew Bailey will need to demonstrate his independence from politicians and the financial...
A senior city worker is facing a jail term after sexually assaulting two women at the company’s main office, during drinking sessions described as “Wolf of Wall Street-style.” Anthony Constantinou, head of financial group Capital World Markets (CWM), treated one of his victims "like a piece of meat". The 34-year-old pushed a lump of hot wasabi paste in her mouth, and told her she had a "cracking a*** and pair of t****" before forcing his tongue into her mouth. He...
The digital world is not a safe place and a huge increase in scams and online attacks, show that financial fraud in the first half of 2016 increased 25 per cent to £399.5 million. The figures were released by Financial Fraud Action (FFA UK) today and the sums of money that are being swindled on a daily basis, on-line, are astonishing. However, the amount of money that is actually attempted to be stolen is much larger. On-line security systems at...
The SABMiller takeover of AB InBev will lead to less choice and higher prices for consumers, according to a leading expert. John Colley, of Warwick Business School, said cost rationalisation will mean substantial redundancies amongst SAB Miller staff and higher costs passed on to consumers because of the lack of competition. Although the merger is likely to line the pockets of the shareholders, Colley said customers will not see any benefit as "greater brewer market power is more likely to...
Whether you are a small business owner or large corporation, it’s always beneficial to determine new ways to make your business more efficient. The more efficient your business is, the more productive your business becomes. The more productive your business becomes, the more capable you are of expanding to the next level. Higher efficiency also leads to higher employee satisfaction creating a more friendly, collaborative environment, which leads back to higher efficiency. See where this is going? Here are 6...
It seems that the business community is not feeling to positive about the future of the UK economy post-Brexit. The first quarterly survey, since the nation decided to leave the EU, indicates that business optimism in the financial services industry sector is very low. Over half of financial companies, who were part of the well-respected survey, said the impact of Britain's decision to leave the European project was negative. There are also concerns that Germany’s business hub, Frankfurt, is trying...
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