Online retail sales have contracted at the sharpest pace on record this month, dragged lower by people cutting back on their spending because of higher interest rates and an uncertain economic outlook. Monthly internet sales dropped to a weighted balance of -78 per cent in the year to October, theContinue Reading
Monzo is in talks about a £300m-plus fundraising that would underpin its status as the most highly valued digital bank in Britain. It is understood that Monzo, which was founded in 2015 and now boasts 8.5m customers, is in detailed talks with a pack of blue-chip investment funds about aContinue Reading
Profits almost tripled at Amazon in the latest quarter as consumers continued to spend heavily despite the sharp rise in interest rates. The world’s largest retailer forecast that sales would continue to rise at a robust pace for the rest of the year. Growth had been knocked by surging pricesContinue Reading
Businesses use a variety of tactics as the digital space gets increasingly congested to stand out and attract the interest of their target audience. Businesses are doing everything from focused content strategies to captivating social media campaigns. E-commerce and online casino platforms like online-casino.in are at the forefront, harnessing theContinue Reading
UK house prices will continue to slide this year and in 2024 and will not start to recover until 2025, Lloyds Banking Group has forecast. The lender, which owns Halifax and is Britain’s largest mortgage provider, said that by the end of 2023 house prices would have fallen 5% overContinue Reading
Many are expecting the Chancellor to unveil measures for first-time buyers, as well as tax cuts as the Government aims to help Britons with the cost of living crisis. However, others will be wanting Hunt to clarify how drivers will be helped following the Government’s pledges to scrap anti-motorist laws.Continue Reading
When people imagine a successful investment firm they’re likely to think of big, financial institutions like global banks, hedge funds run by traders, or even the likes of corporate raiders who swoop in to buy failing companies and break them down to sell off as parts. When people think ofContinue Reading
The attorneys general of dozens of US states are suing Instagram and its parent company Meta over their impact on young users, accusing them of contributing to a youth mental health crisis through the addictive nature of their social media platforms. Filed in federal court in Oakland, California, on Tuesday,Continue Reading
Running a company is stressful and overwhelming, especially if it’s your first time. However, networking can be an effective way to share ideas, build a support system, and boost your personal and business development. In this post, one of the UK’s leading company formation agents Rapid Formations explores the mainContinue Reading
HMRC has reminded self-employed workers, including those with side hustles, that there are less than 100 days until the self-assessment tax return is due. By midnight on 31st January, those earning income via self-employment are required to file their tax returns and pay tax owed to HMRC or risk fines,Continue Reading
