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Following Monarch Airlines’ recent closure 110,000 passengers were left overseas according to reports. The overall cost of returning these passengers was reported last week at £60 million. In addition, nearly 1,900 jobs were lost as a consequence of Monarch ceasing trade, and the collapse of this 50-year-old airline is the largest ever for a UK […]
With digital currencies taking the financial world by storm, the banking industry is being revolutionized from the outside. And it’s about time. The global banking system, which relies on currencies whose value is partly determined by the people in power (and partly by the demand) and thus, spin the wheels of the capitalist machine, could […]
There are mixed thoughts across the UK on the current state of the property market and the prospects to come. In some regions economists believe it’s the best it’s been in the last ten years, while others are confident in the current slump, particularly in London. Here Paresh Raja, CEO of Market Financial Solutions (MFS), […]
77% of UK businesses are aware of fintech products and services and two-thirds (65%) have adopted at least one fintech application, with a fifth (19%) taking on four. These adopters reported saving (on average) over £5,500 a year as result of using the fintech products and services. Interestingly, a tenth (11%) reported using bitcoins or […]
Richard Meirion-Williams, Head of Financial Services at BJSS discusses how banks can counteract the threat provided by Google, Apple, Facebook and Amazon (GAFA). It wasn’t long ago that bank branches used to hold personal, trusted relationships with their local customers. However, since the rise of digital banking and the decline of the branch, relationships between […]
Google made several jokes about Apple and the new iPhone at its event to show the Pixel 2. They took aim at Apple's storage problems and its perceived aloofness.
As you may already know, MiFID II is just around the corner and some firms are already well on their way to compliance, however others remain either oblivious, unprepared or facing the many challenges in establishing steps towards compliance. Here Fabrice Bouland, CEO of Alphametry, explains for Finance Monthly what some of these challenges may […]
With the worldwide number of robots in smart factories now topping a million, Ross Thomson cites a lack of awareness as the reason most operators haven’t tackled the threat. “Many firms believe hackers only want personal or financial data, but there is a credible risk to industrial robots,” says Mr Thomson, Principal Consultant at Amethyst […]
Money laundering represents the fifth largest economy in the world and equates to 3% of global GDP. Leading defence and security organisation, BAE Systems has set out six criminal types responsible for money laundering around the world, to help global businesses understand the motivations and modus operandi of criminals targeting their business. The company hopes […]
It’s a discussion that has been ongoing since business was a thing. Why should the boss be paid more than his/her employees? Here Chris Abbass, co-founder of Talentful, delves deep into the considerations to make when posing this question. As the founder of a fast-growing business, I can attest to the levels of stress, sacrifice and […]
Interactive Investor, the online investment platform, has recently released its clients’ most traded investments, by number of trades, in September 2017. Commenting on the results, Lee Wild, Head of Equity Strategy at Interactive Investor, said: “It was all about inflation, interest rates and tapering during September, so little wonder central banks dominated proceedings. US Federal […]
In a new white paper, Vodafone – supported by Bernard Vrijens, Professor in public health at the University of Liege, Belgium – claims that new connected solutions based around the Internet of Things (IoT) will help people to follow their medical treatment programmes more closely. This latest development could improve millions of lives and save […]
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