Business and Economics

You would think the banking industry would learn but sadly it appears not, according to a new report. The Adam Smith Institute, a leading think-tank, have said that the banking sector is an “accident waiting to happen.” The report has been published to coincide with the 10th anniversary of the Northern Rock crisis, that led to a run on the bank. This new report, which was authored by Kevin Dowd, Finance and Economics Professor at Durham University, was scathing on...

‘Government con trick’ sees billions stripped from budgets to deny real-pay rise to lower-paid 55 per cent of workers GMB, the union for public sector workers, accuses Theresa May of ignoring the ‘forgotten’ three million public sector staff in a major new report today [September 13 2017). The majority of public sector workers – 55 per cent - including council workers, front-line school and police support staff, and civil servants are not covered by a Pay Review Body, For years,...

With MiFID II soon to be put into practice, it’s more important than ever for Financial Institutions to understand what the MiFID is, and what is required of them to follow their regulations. One of the biggest areas for confusion is trade and transaction reporting. Both fairly similar, the confusion is understandable but it is simply to understand the difference. Making a FinTech investment can aid you in gaining the correct technology to make this easier, but we’ve looked deeper...

Almost half of adults (49%) aged between 18-75 said they would consider some form of Universal basic income. The poll had been commissioned by IPR for Ipsos-MORI and the support is for surprisingly high for an income that meets every citizen’s basic needs, regardless of social demographic and existing wealth. Every person in the UK would benefit from a state payment. However, when individuals were asked to consider UBI funded through increased taxation, support dropped to 30%, with 40% opposed....

According to recent figures, you are 20 times more likely to be robbed while online by a criminal based overseas, than by a robber in the street. There were an estimated 3.6 million cases of fraud and 2 million computer misuse offences last year alone, and fraud is now the most commonly experienced offence. While many people seem to think they’re taking cyber security seriously, the harsh reality is that scammers are targeting an increasing number of online users. With...

The picturesque seaside resorts many of us visit are not what they seem to be. Behind the sunshine (and showers) is a worrying level of deprivation. The Social Market Foundation has found that the coastal communities of the UK are among the worst off for employment, health, education and earnings. Behind the sandcastles and picture postcard vistas average wages are £3,600 a year behind the national average. The Think Tank found that five of the 10 local authorities in the...

A new interactive timeline featuring some of the internet’s most successful personalities has revealed what kind of routine it takes to become one of the most influential characters in the digital realm. The timeline created by online hosting providers UK2, takes an in depth look at 10 online influencers from a variety of different backgrounds, each one amassing a large following and a successful career. The timeline breaks down the average day of each influencer and reveals how they spend...

Bitcoin has gained much media attention over recent months. The original cryptocurrency brand has come a long way in less than a decade. Launching at a price of just six cents, the electronic asset is now worth more than $3500 per token. Earlier this month, Bitcoin touched new highs of over $4000. With the current crypto mania well under way, many new potential investors and speculators are now taking to this virtual currency in a desperate search for yield. This...

Regardless of the industry you work in, you may find that the spread of germs is quite difficult to stop. In the typical office, where there’s many workers in a small area, germs are bound to spread with very little contact needed. If somebody comes into work with a cold, it doesn’t take long before the whole office has it and a few people take days off to recuperate. It’s important, as a business owner, to expect these to happen....