City of London police are training Standard Chartered bankers to catch fraudsters October 25, 2015 City of London police has started a programme to train bankers to fight fraud, starting with Standard Chartered who will be descending on the City this week. The programme was designed to standardise investigative techniques within Standard Chartered's multitude of regional offices. Kathy Hearn, director of the Economic Crime Academy, which has helped design the [...]
Hello, Adele’s new single has broken Vevo records: Here’s what people (and Lionel Richie) are saying about it October 25, 2015 Adele's latest single Hello was viewed 25m in one day, and since being released on Thursday has racked up an impressive 52.9m views. To put this in context, Taylor Swift's Bad Blood broke Vevo records when it clocked up 20.1m views in 24 hours back in May. Nicki Minaj's Anaconda was the previous record-holder, since August 2014 when [...]
Ladbrokes share price soars despite profits plunging 56.7 per cent October 22, 2015 Ladbrokes' share priced soared up 8.43 per cent in trading today, despite reporting that profits for the last three months more than halved to £14.3m thanks to an increased marketing spend. The betting company announced it was spending more than 30 per cent of its net revenue on advertising to increase its customer base, which [...]
Eurotunnel posts three per cent rise in revenues in spite of Calais migrant chaos October 22, 2015 Eurotunnel, the company which operates the Channel tunnel reported rail traffic plummeted by a third over the three months to the end of September, thanks to “intense migrant pressure” disrupting operations in Calais. From July to September just 459 freight trains used the tunnel, down from 681 a year ago, and tonnage tumbled 27 per cent. [...]
SMMT British car manufacturing up 15.5 per cent from last September October 22, 2015 British car production is motoring away, with manufacturing in September up 15.5 per cent from last year. A total of 158,281 new cars were made in September, bringing the total for the year-to-date to 1.2m, a 3.3 per cent year-to-date increase on 2014, according to the latest data from the Society of Motor Manufacturers and Traders [...]
Rate of global M&A slowest for three years thanks to Fed uncertainty and China October 22, 2015 Global M&A will slow over the next six months as interest rate uncertainty and the global slow-down led by China erodes business confidence. 2015 is on track to be a record year for M&A, according to a forecast from Intralinks, but the number of early-stage deals being prepared is slowing. Globally, there is likely to [...]
Chapel Down looks to rise £1m for Curious Drinks on crowdfunding site Seedrs October 21, 2015 Curious Drinks, the beer and cider brewery belong to British wine-maker Chapel Down has launched a crowdfunding campaign with Seedrs. The brewer, whose offerings include beers made with champagne yeast, is hoping to raise £1m in its equity funding to build a combined brewery and bottling plant in Kent, which it hopes will be operational by December [...]
More than £15bn lies forgotten in pensions and savings in the UK, thanks to Britons forgetting their bank details October 21, 2015 Forgotten passwords and lost details have cost Britons more than £15bn in unclaimed bonds, pensions, insurance policies and lost lottery tickets. Figures from Beagle Street life insurance provider show that as of the end of September, an estimated £5bn was sitting in dormant bank accounts, along with £3bn-worth of pensions that have not been collected, [...]
Crowdfunder Indiegogo launches Generosity a new platform for charities to fundraise October 21, 2015 The world's largest online funding platform Indiegogo will today launch a new crowd-funding platform for charities and non-profit organisations. Generosity will replace Indiegogo Life, allowing non-profit organisations to raise money along with individuals looking for donations for personal causes, and charities. The platform will be free for users, except for transaction fees, so all the [...]
