News

The overall cost of Britain's break from Europe is expected to be an astronomical £220 billion over four years, dwarfing the NHS budget which was a focal part of the 'Leave' campaign. New forecasts from the Office for Budget Responsibility (OBR) show that government debt is to hit £1.945 trillion in five years, with experts attributing the £220 billion growth to the direct results of Brexit. A recent report by ITV's Robert Peston explained: "£78 billion of that is due to the expected post-referendum slowdown in...

Hundreds of thousands of people will face the trauma of waking up homeless this Christmas, new research has revealed. The number of people who will be homeless this Christmas has jumped by almost a third since last year due to austerity cuts. The latest figures from the housing charity Shelter estimate that more than a quarter of a million people in England will not have a home to go to come Christmas Day - and 170,000 of those are in...

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...

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...

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...

Every year the the largest independent news agency in the UK supplies newspapers and magazines around the world with some of the most fascinating, captivating and powerful photographs you could ever hope to see. It's your chance to vote for the SWNS Press Photo of the Year 2016... VOTE FOR THE PRESS PHOTO OF THE YEAR 2016 Here you'll find 100 of the most compelling images sent out by the news service this year, as chosen by their picture editors. Simply...

The Christmas day football match of 1914 on the back of a temporary truce has become an iconic moment in history, but new evidence suggests it may not have been that rare. Historian Thomas Weber, of the University of Aberdeen, has uncovered evidence that festive meetings continued throughout the war, with a significant number in 1916 despite the huge casualties suffered in the Battle of the Somme. The Professor was given access to a large number of family memories of the...

The cure for the issues facing the Peer to Peer lending industry isn’t regulation, but community. By Matt Haycox Last week, the Financial Conduct Authority released their interim feedback of their review of their crowdfunding and peer to peer lending rules. And it didn’t sound good. Andrew Bailey, CEO of the Financial Conduct Authority (FCA), stated that "fast-moving, evolving" peer-to-peer (P2P) lending industry poses "some quite big challenges in terms of transparency and fairness." Following this the FCA announced that...

Yorkshire entrepreneur helps secure future of Hartlepool FC as it expands into property development Leeds entrepreneur and funding consultant Matt Haycox, a consultant for Access Commercial Finance, has helped Hartlepool football club secure funding to follow in the footsteps of Arsenal and Reading FCs - into property development. The club has outlined ambitious property and retail plans for the land currently occupied by the Mill House Leisure Centre adjacent to the 7856 capacity Victoria Park ( also known as the...