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October 2018

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UK Inflation Falls More Than Expected

19th October 2018
In the month of September, UK inflation rates slowed down dramatically more than predicted, giving the Bank of England an opportunity to gradually move towards raising interest rates. With the UK leaving the EU, the economy is being damaged whilst pay growth is on the rise resulting in strengthened price pressures. Mark Carney, Governor of […]
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Finance and Generate Your Own Home Electricity for 2019

19th October 2018
The prices of all the basic amenities have gone up in past few years. Many of us are concerned about the increasing gas prices, electricity cost and taxes. It is really helpful to find some ways to save your hard earned money. One can reduce his energy bills significantly by producing electricity at home. Our […]
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Who Is the Real Winner of the Apprentice 2018?

19th October 2018
The Apprentice recently returned for a 14th series, as 16 entrepreneurs and impresarios battle it out to win a significant investment in their respective business ventures from Lord Alan Sugar. Creditsafe analysed the key financial data of each contestant to identify which hopeful is the real winner when it comes to business success, with former […]
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Banks Must Learn from the Danske Scandal or Pay the Price

18th October 2018
Below Nicola Sharp of Rahman Ravelli, considers the Danske Bank scandal and wonders why so many banks are weak on money laundering prevention. Thomas Borgen’s reign as CEO of Danske Bank has ended after the board recently ousted him as CEO with immediate effect. The announcement came after revelations about the huge scale of money […]
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How Are Brits Financing Their Property Investments?

17th October 2018
When it comes to buying a property, UK homebuyers may rely predominately on mortgages and cash payments, but their knowledge towards other financial products is limited, new research by Market Financial Solutions (MFS) has revealed. The bridging lender commissioned an independent, nationally representative survey among more than 2,000 UK adults to uncover just how Brits have been […]
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5 Things for Finance & Accounting to Look Forward to

17th October 2018
A traditional industry like finance and accounting doesn’t often go through many changes. However, with the rise of artificial intelligence (AI), machine learning and automation, technology is having – and will continue to have – a huge impact on every business; changing the way people work within an organisation. And, finance departments are not exempt […]
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Accounting Sector Continues 'Slight' Shift Towards Digital

16th October 2018
Accounting departments in UK businesses have continued to shift towards digital practices, but more than four in 10 (41%) continue to rely on paper-based processes, according to new independent research. The 'Changing trends in the purchasing processes of UK businesses' report, commissioned Invu, revealed a slight reduction in the number of businesses relying on paper-based […]
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Can Fitbit Data Help Life Insurance Quotes?

16th October 2018
New research from MoneySuperMarket reveals that a third of Brits (33%) currently use a smart device to monitor their health, capturing data that could help identify health issues and affect the way life insurance premiums are calculated. With the number of connected wearable devices set to rise further in 2019,  MoneySuperMarket research reveals that millennials […]
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Will a Brexit Plan to Use Blockchain Solve the Irish Border Issue?

15th October 2018
Ever since the UK’s decision to leave the EU was announced, there has been a lot of speculation surrounding what will happen to the Irish border. Northern Ireland is part of the UK, which would leave the EU when Brexit goes through, but the Republic of Ireland will remain in the EU. This has led […]
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Planning for Your Retirement

15th October 2018
Do you know the difference between pensions and retirement planning? Not many people do or how important it is to start financially planning early on in life. Here Andy Baker explains the basics of retirement planning and the best strategies for young savers.   More information: Investments for millennials https://www.eqllp.co.uk/interactive_resources/video-resource-items/investments-for-millenials/ Investments for millenials - Ben […]
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Should the Company Voluntary Arrangement be Reformed?

12th October 2018
Company voluntary arrangements (CVAs) have been a mainstay in the financial news over the last six months due to their status as the restructuring tool of choice for many of the UK’s high street stores. House of Fraser, Mothercare, New Look and plenty more retailers besides have all used CVAs to try to renegotiate their […]
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How Does Inflation Work?

12th October 2018
In recent news the world witnessed Venezuela’s turmoiled path to hyperinflation. According to a recent report by the International Monetary Fund, Venezuelan citizens have been experiencing price hikes on consumer items of 200% week to week, and that’s just things like coffee and bread. Behind the cause of Venezuela’s inflation is rumoured to be corrupt […]
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