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News


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...

13

Jul

The future continues to look bleak for High Street retailers

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Posted by:     |     Category: Blog, Company Voluntary Arrangements
high street retailers

If the first half of year is anything to go by, we’re likely to see more High Street names hit the headlines announcing store closures and job losses. 2018 seems to be the year that popular businesses have had to finally address their financial problems head on. Over the last few months, big names like Marks & Spencer, House of Fraser and Mothercare have all announced store closures as part of CVA discussions with their creditors....

5

Jul

FSB finds self-employed confidence has ‘fallen significantly’

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Posted by:     |     Category: Blog
self-employed confidence

Research carried out by the Federation of Small Businesses (FSB) has suggested that self-employed confidence levels have ‘fallen significantly’ over the last year. The FSB’s Small Business Index (SBI) for the UK’s self-employed community stood at +2.8 in the second quarter of this year – a significant fall when compared to the reading of +9.7 recorded in the first quarter of 2018. The SBI also revealed that 28% of UK...


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