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News


20

Sep

Difficult retail landscape claims another victim in Orla Kiely

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Posted by:     |     Category: Blog, Company Liquidation
orla kiely

More doom and gloom was cast upon the high street this week as Orla Kiely, the fashion and homeware retailer, ceased trading following the collapse of parent company Kiely Rowan. Directors of Kiely Rowan placed the company in creditors voluntary liquidation after some “challenging” years in both online and high street retail. According to Companies House records turnover of Kiely Rowan grew from £7.2m to £8.3m, however...

3

Sep

New regulation requires banks to disclose customer satisfaction scores

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Posted by:     |     Category: Blog, News
banks to disclose customer satisfaction

Following a joint investigation by the Competition and Markets Authority (CMA) and the Financial Conduct Authority (FCA), banks will now be required to publish their customers’ satisfaction scores on their websites, apps and in their branches. The new requirement aims to improve competition in the banking sector, and provide consumers with better information in regard to the services that banks offer. Under the new rules, banks...

30

Aug

Research finds over £2 billion stolen via credit card fraud in last year

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Posted by:     |     Category: Blog
credit card fraud

Research carried out by comparison website comparethemarket.com has revealed that more than £2 billion has been stolen from individuals’ debit and credit card accounts in the last year. The research found that 4.7 million people across the UK have been victims of fraud in the last year. According to comparethemarket.com, almost five million individuals have had their debit card, credit card or bank account replaced or cancelled...

15

Aug

Official figures reveal boost in UK economic growth

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Posted by:     |     Category: Blog, News

Figures published by the Office for National Statistics (ONS) have revealed a boost in UK economic growth. The UK economy grew by 0.4% in the three months to June, the ONS revealed – a rise when compared to growth of 0.2% recorded in the first quarter of 2018. Real household disposable income per head increased by 1.4%, representing its biggest increase since the fourth quarter of 2015. However, the data also showed that the...

15

Aug

Business groups respond to interest rates rise

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Posted by:     |     Category: Blog, News
interest rates rise

Business groups, including the Confederation of British Industry (CBI), the British Chambers of Commerce (BCC) and the Institute of Directors (IoD) have responded to the Bank of England’s decision to raise interest rates for the second time in a decade. Members of the Bank’s Monetary Policy Committee (MPC) voted to raise interest rates from 0.5% to 0.75% – representing the highest level since March 2009. Bank of England Governor...


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