Sale rates soar for online retailer ASOS July 15, 2021 Online fashion giant ASOS saw sales continue to skyrocket despite physical competitors re-opening, per the firm’s latest market update. UK sales increased 60 per cent for the retailer in the four months to the end of June, with active customers growing by a further 1.2m. Chief executive officer Nick Beighton said, “ASOS has delivered another [...]
Online fraud up by a third during the pandemic July 15, 2021 Online fraud has risen by a third during the pandemic as almost all everyday activities went digital, according to a consumer rights group. The number of cases of fraud reported to UK police unit Action Fraud cost consumers £2.3bn last year and had affected over 410,000 victims, according to analysis by consumer rights group Which? [...]
Exclusive: ‘The recovery is going to be rocky and uneven’, warns fraud fighter Martin Sweeney July 14, 2021 Londoner Martin Sweeney started off at taxi app Hailo as a founding engineer. While there, he worked on a project to predict which orders were likely to be fraudulent. Finding nothing suitable on the market to solve this problem, or at least with the speed or accuracy he and his team wanted, Sweeney and some colleagues decided to [...]
Why more people are seeking residency abroad post-Covid July 14, 2021 It’s hard to take much in the way of positivity from the past 15 months or so, yet the circumstances thrust upon us have changed behaviours – or at least restrictions have accelerated such change. Amongst these is a compelling increase in the number of individuals seeking residency or citizenship in non-native countries. Yes, this [...]
3 amazing companies hiring right now July 14, 2021 Are you looking for a new job at the moment? How exciting! However, we know it can be stressful and somewhat scary at the best of times, particularly now, as we come out of a pandemic. So, we wanted to help. We have a job board bursting with really great opportunities all over the UK [...]
Assets under management swell $4.5bn at Ashmore July 14, 2021 Assets under management swell $4.5bn at Ashmore
Majority of UK tenants prepared to pay more for furnished homes July 14, 2021 A furnished rental home can improve your chances of finding a tenant and may increase the monthly level of rental income secured, according to new research by Manor Interiors. The firm have found that over a quarter of UK tenants would more likely view a rental property if it was already furnished. Another 26 per [...]
Workplace gender parity pushed back four years by Covid-19 pandemic July 14, 2021 UK workplaces are failing to make progress in gender diversity, with the Covid-19 pandemic pushing representation in executive positions back by four years. Diversity consultancy The Pipeline said career prospects for women were “desolate” in its annual assessment of gender diversity in FTSE 350 companies. The predicted year for gender parity in the UK was [...]
How Fintech can harness the power of big data to redefine market forecasting July 13, 2021 | Sponsored Advances in predictive analytics using machine learning (ML) algorithms and blockchain technology demonstrate how innovations in financial services are challenging traditional systems to inform decisions, improve forecasting accuracy and bring better value to customers. As businesses seek to tap hidden intelligence within huge volumes of raw structured, semi-structured and unstructured data to support financial decision-making, [...]
Alibaba to launch £186m venture fund for startups in Southern China July 13, 2021 Chinese e-commerce giant Alibaba announced said today it will launch a HK$2bn (£186m) venture fund to support startups in the Greater Bay Area of southern China. Alibaba Hong Kong Entrepreneurs Fund (AEF) will be an anchor investor for the new fund, which will target startups in the region focusing on sustainability, deep tech, health tech, [...]
