Business and Economics

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....

These days, it makes logical sense to buy an existing e-commerce website. Not only does it give you the traffic and clientele that the previous owners of the website had, but it also means that you will have less work creating the site and building the clientele. As you can imagine, a site which did well before it is sold can end up to be quite a profitable purchase for a new business that specialize in the same niche that...

If you think that you’re the only one facing financial challenges in your business, you’re very wrong. There are hundreds, if not thousands, of other business owners who are currently facing the same challenges as you. And with the right management and care, the majority of those will come out the other side stronger for it. At some point in their journey, almost every business is going to run into financial issues. Most commonly this is seen during the business’s...