Interest rate rise and what it means for you February 3, 2023 The Bank of England has raised interest rates to four per cent, in a widely-expected move that has implications for both borrowers and savers. Adjusting personal finances to this ‘new normal’ of higher interest rates will be a challenge for most households, admitted Paul Wilson, chief Investment officer at Channel Capital. He said although a [...]
Scam warning: FCA removes over 5,800 misleading ads and warns consumers to be on their guard February 3, 2023 The Financial Conduct Authority (FCA) said it has ramped up efforts to protect consumers from misleading financial promotions, according to a report published today. The UK’s leading financial watchdog required firms to amend or remove a staggering 8,582 promotions during 2022, compared to just 573 in the previous year. It also posted more than 1,800 [...]
How To Know Layoffs Are Coming And What To Do About It February 2, 2023 If recent headlines are anything to go by, the future of the tech industry isn’t as secure as we once thought it was. Mass layoffs at Stripe and Meta closed out 2022, and in January alone, Google’s parent company announced it plans to shed 12,000 of its workforce, while Amazon has decided to cut 18,000 [...]
Ferrari revs up for ‘even stronger’ 2023 after beating forecasts February 2, 2023 Ferrari today said it saw “even stronger” results this year after posting a 16 per cent increase in its core earnings in 2022, supported by increased sales volumes of its luxury sports cars. Ferrari said its adjusted earnings before interest, tax, depreciation and amortization (ebitda) would come in between €2.13-2.18bn in 2023, from an above-guidance result of [...]
Private investors gear up for £2.4bn London office spending spree February 2, 2023 Private investors and ultra-high net worth individuals are expected to snap up London office assets worth £2.4bn this year, a figure which has jumped by 60 per cent in the past 12 months. According to research published by real estate agency Knight Frank, the cash rich investment group is expected to be in a strong [...]
How to be successful starting out as a remote worker February 2, 2023 | Sponsored Remember your first day at work? Keen to meet new people, eager to learn. In previous decades, working life was more predictable, and newcomers would learn their profession or trade on-the-job, alongside more experienced colleagues. By contrast, work today can be a lonely affair. Navigating your own career is more hazardous – jobs are more fragmented, [...]
Could you help provide care to the vulnerable? February 2, 2023 | Sponsored Adult social care is one of the most rewarding jobs you can do – one that sees you play a key role in making life better for those who need it the most. Could you be the next person to join the caring profession – and make a difference every single day? The social care [...]
Airbus and Qatar settle A350 jetliner row February 1, 2023 Airbus and Qatar Airways have settled a dispute over surface damage on grounded A350 jets, the companies said today, averting a potentially damaging UK court trial. The “amicable settlement” ends a $2bn row over the safety of Europe’s premier long-haul jet – an unprecedented public rift that had led Airbus to revoke dozens of other [...]
Nuclear Waste Disposal could create thousands of jobs February 1, 2023 | Sponsored Building a geologically safe nuclear waste site deep underground along with the Government’s planned creation of small modular nuclear reactors across the UK could mean thousands of new jobs over the next 25 years whilst ensuring the UK’s future energy needs. That’s according to Corhyn Parr, the woman responsible for the UK’s nuclear waste disposal programme. Ms [...]
Majority of businesses in favour of increased support for asylum seekers wanting to work February 1, 2023 A large majority of UK businesses are in favour of allowing asylum seekers to work after waiting at least six months for their claims to be processed, new figures from the International Rescue Committee (IRC) have revealed. The report, ‘From Harm to Home’, finds nearly 70 per cent of UK business ‘decision makers’ believe the [...]
