This is the type of fraud you should be worried about the most, but there’s another one on the rise February 2, 2017 Identity fraud has taken the questionable crown of the worst type of fraud in the UK today. The list, published today and compiled by Centre for Counter Fraud Studies at University of Portsmouth and Privilege Home Insurance, ranks fraud affecting individuals based on; the percentage of people subject to an attack, the average value of losses, the [...]
A major French Connection investor has sold its entire stake February 1, 2017 French Connection's second-largest shareholder has reportedly sold its entire stake in the company. Shroders, which owned 9.27 per cent of the French clothing retailer, sold its shares at to an unknown buyer at 33p each, the Telegraph reported. The stake sale revived speculations of a takeover of the struggling firm, which has had almost nine [...]
Top business leaders are getting to work on making British industry digital to boost productivity and jobs February 1, 2017 It's full speed ahead for Britain's digital economy as top business leaders embark on ambitious plans to pull industry into the modern age and position itself at the forefront of the fourth industrial revolution. Increasing productivity and creating highly-skilled jobs will be the focus of the ambitious new plan to put digital technology, such as artificial [...]
Brexiteers slam Irish Article 50 case lawyer’s claims that people were misled February 1, 2017 Brexiteers have hit back at a top tax lawyer bringing an Article 50 case in Ireland, who recently claimed his action's importance lay in the fact voters had been misled. Jolyon Maugham filed a case in Ireland last week, seeking an answer on whether the UK can revoke its Article 50 process without the approval of the [...]
Startup Dead Right aims to bring digital disruption to the funeral industry February 1, 2017 A new digital disruptor is aiming to put the ‘fun’ in funeral. Dead Right, a service comparison startup, is backed by advertising exec Sir John Hegarty and his company Garage Soho, and is in the process of seeking further funding. Read more: A startup sprouting up across London could be getting a massive investment from Softbank [...]
MPs just voted overwhelmingly to back an Article 50 Bill February 1, 2017 An overwhelming majority of almost 500 MPs have expressed their support for a Bill granting Prime Minister Theresa May the power to begin Brexit negotiations. In the first vote in the House of Commons on the Article 50 Bill, 498 MPs backed the legislation moving to the next stage, where amendments can be tabled. By contrast [...]
Do strong brands make good investments? Brand Finance certainly think so February 1, 2017 When purchasing consumer goods, we’re attracted to brands we know and love. We buy Coca Cola, rather than an own brand product. We prefer Ray Ban sunglasses, Colgate toothpaste, Apple’s iPhone. And we’re willing to pay a premium for the privilege. Consumers have an affinity with the real thing, not just through overt awareness – [...]
US Federal Reserve leaves interest rates unchanged February 1, 2017 US Federal Reserve chair Janet Yellen said interest rates would be maintained at 0.5-0.75 per cent as the labour market continues to strengthen and economic activity expands. At the Federal Open Market Committee meeting (FOMC) today, Yellen said inflation increased in recent quarters but is still below the committee's two per cent long-run objective. She said the [...]
Sadiq Khan splurging £33m a year on “ridiculous” free travel for the flatmates of TfL staff February 1, 2017 A perk for the flatmates of Transport for London employees is costing London taxpayers more than £33m a year in lost revenue, according to new figures. A new analysis by London Assembly Tories has called on mayor Sadiq Khan to scrap the “ridiculous” benefit, currently available to anyone sharing a residence with a TfL worker. [...]
Deadline for European competition probe into London Stock Exchange merger set to be extended February 1, 2017 The European competition probe into the London Stock Exchange’s merger with Deutsche Boerse is set to be extended. The European Commission currently has a deadline of 13 March to decide whether to give its backing to the £21bn deal. Read more: Deutsche Boerse boss wants merger to bring Anglo-Saxon spirit to Europe But this could be [...]