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Business & Economy
Blue Chip FTSE 100 Firm Falls £1.7 Billion Down in a Day
Following a 66% share drop, hundreds of thousands of families that lend off Provident Financial have been placed in limbo, as the firm collapses due to a glitch.
According to reports, a software bug made it impossible for Provident…
Mortgage Sales Plummet by £1.8 Billion in July
Mortgage sales for the UK decreased by £1.8 billion in July, down 10.8% on the previous month, according to Equifax Touchstone analysis of the intermediary marketplace.
Buy-to-let figures were resistant to the general decline, down by…
Did You Think Late Payments Was Just Small Business Issue?
Late payments are an even bigger challenge for those medium-sized companies, with 94% of businesses employing over 50 people reporting that the issue is causing cashflow problems for them. This is according to new figures from Ultimate…
By 2020 Fraud is Expected to Have Resulted in Losses of £28,5 Billion
Card fraud has increased 19% year on year, according to The Nilson Report, accounting for losses of around $16.3 billion, in 2015. France has seen an 8.9% increase in card fraud and the US, which has the largest fraud/loss ratio, currently…
Global Forum Approves Bermuda as ‘Largely Compliant’
Bermuda has won world approval of its tax information exchange practices with other jurisdictions.
A global body said this week that those practices comply with international standards.
Premier and Minister of Finance the Hon. David…
