Posted By Thiago Kiwi
New YouGov BrandIndex data has revealed that memorable ad campaigns really work when it comes to companies operating in the price comparison sector of the UK.
The study found that ad campaigns that built momentum and become part of popular culture have distinct effects on the success of a business.Read more >>
The 'Northern Powerhouse' could be the most substantial growth opportunity for England's Northern regions since Victorian times, according to a leading research institute.
The Institute for Public Policy Research (IPPR) is the UK's leading progressive think tank, and IPPR North is its dedicated arm dealing with the north of England, with bases in both Manchester and Newcastle.Read more >>
Although the issue of tax evasion by non-domiciled persons was a feature of the last election in the UK, the amount of tax revenue collected from them actually rose by 7%, according to city-based law firm Pinsent Masons.
In the firm's report, 2013/14 saw non-doms contribute £6.6bn in tax, an increase from £6.18bn on the previous year.Read more >>
Consumers in the UK can now make transactions of up to £30 by using contactless payment methods.
Replacing the previous limit of £20, card providers expect the change to see a sharp increase in the number of purchases using the system.Read more >>
After only two years in the job, Virgin Money's Chief Financial Officer Lee Rochford is leaving the company.
Rochford, who joined Virgin Money in October 2013, will serve out his notice period, although he is effectively standing down as CFO and executive director with immediate effect.Read more >>
Total, the French firm that is one of the biggest energy operators in the North Sea, has sold$900m (£585m) of its UK gas assets.
Two pipelines and the St Fergus terminal in Scotland are included in the sell-off, which has been blamed on the worldwide collapse of oil prices.
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A report by ACCA has found that there is a clear correlation for high-growth businesses with finance functions, extending beyond pure funding functions to being a strategic business partner.
Rather than playing an auxiliary role, the report found the finance function "played a central role" in the business planning of most of these successful SMEs.Read more >>
The Office for National Statistics (ONS) has released figures for 'employed human capital' in the UK, which is the total estimated future earnings of everyone in jobs in the country.
The data shows that the value of employed human capital increased in 2014 to reach £18.22tn.
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The Confederation of British Industry (CBI) has claimed that increases in productivity, household spending, and business investment means UK GDP will see stronger growth than previously anticipated.
This has led the business lobby group to upgrade its forecast to 2.6% for the year.Read more >>
The Institute of Chartered Accountants in England and Wales has appointed its first non-chartered accountant board members.
This historic move aims to widen the scope of diversity of thinking and experience at the organisation's highest levels.Read more >>
David Miles, the outgoing member of the Bank of England's monetary policy committee (MPC), has said that a rise in UK interest rates will happen sooner rather later.
During an interview on BBC's Newsnight programme, Miles said that rates would rise "pretty soon."
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Britain’s top companies have a widening pay gap between bosses and average workers, according to a new report.
The High Pay Centre pressure group has revealed that the average FTSE 100 chief executive earns 183 times more than employees lower down the scale. What's more, although the FTSE 100 shrank by 3% in 2014 average executive remuneration increased.Read more >>
Japan's Prime Minister Shinzo Abe’s efforts to reverse years of poor growth with a big stimulus programme have proven disappointing as output contracted by 0.4% in the second quarter.
Official data revealed the shrinkage and underlined the so-called “Abenomics” growth policy's failure to make a difference so far.Read more >>
Industrial commodity values have taken a hit thanks to the continued uncertainty surrounding China’s economy, and the possibility of further devaluations of the yuan.
The price of crude oil has been particularly effective, with the cost per barrel dipping to a six-year low in the US.
As a result of this, European and American stock markets have dropped slightly. The FTSE Eurofirst 300 has fallen by 0.5 per cent, and the American Standard & Poor 500 was down seven points on opening to 2084.5.Read more >>
Recruitment tactics used by the high end accounting firms in the UK are becoming increasingly aggressive, a senior partner in one of the Big 4 recently went on record as saying.
A limited pool of talent, when it comes to experienced senior auditors, means that poaching has become the norm amongst competing companies.Read more >>
In news that has surprised economists, the UK’s wage growth has slowed, while the levels of unemployment have risen.
The Office for National Statistics (ONS) has revealed that wage growth was at 2.4 per cent for the three months to June, compared to 3.2 per cent in the three months to May. While experts had predicted a slight levelling-off in the rate of increase, their prediction had been for 2.8 per cent.Read more >>
Internet search giant Google has surprised economists around the world by announcing that it will become part of a holding company called Alphabet, shared in a blog post by co-founders Larry Page and Sergey Brin.
As part of the changes, Google will be rebranded as Alphabet. Control of the company’s search engine services will be handed over to Sundar Pichai, who will become the CEO of Google.Read more >>
For the past twenty years, trading laws in the UK have meant that larger stores can only open during restricted hours on Sundays for a maximum of 6 hours.
The measures were introduced to safeguard shop workers' leisure time, but now new changes look likely to change the face of weekend shopping for many Britons.Read more >>
Strong gross domestic product figures have prompted suggestions that the US Federal Reserve will raise interest rates later this year.
The likelihood of interest rates in the US rising later this year has increased following the release of upbeat economic data.
Figures released by the Commerce Department revealed gross domestic product expanded at 2.3 per cent annual rate, with weak business spending on equipment offset by strong consumer spending.Read more >>
Walmart lags behind Amazon in the US retail market after the online retailer posted surprising financial results for the second quarter.
An unexpected rise in profit means Amazon has overtaken Walmart to become the largest retailer by market capitalisation in the US.
Shares in the online retailer jumped in aftermarket trading on Wall Street yesterday (July 23rd) after it posted quarterly results that surpassed analysts' expectations.
Revenue for the second quarter rose 20 per cent year-on-year to $23.2 billion (£14.9 billion) - exceeding the $22.4 billion average forecast that has been predicted by analysts, the Financial Times reports.Read more >>
Banks have helped drive dividends paid by UK companies in the second quarter of 2015 to £28.3 billion.
Dividends paid out by UK companies have reached a high not seen since before the financial crisis, with banks leading the way.
New figures from Capita Asset Services show around £28.3 billion was paid out by firms during the second quarter of 2015, rising to £29.2 billion when factoring in special dividends.
The figure is the highest recorded by Capita since it began the process in 2007 and Justin Cooper, chief executive of Shareholder Solutions - a part of Capita - said it would be an "understatement" to say that income investors had enjoyed a "bumper month".Read more >>
Some of China's biggest state-owned banks have contributed to a £134 billion fund being used to boost the country's ailing stock market.
State-owned banks in China have lent over a trillion yuan to a government-owned finance agency to help stem falls on the country's stock market.
China Securities Finance Corp (CSFC) has received 1.3 trillion yuan (£134 billion) over the past few weeks, funds that have been passed on to brokerage firms to help finance share investment.Read more >>
UK chancellor George Osborne has announced a new national living wage and outlined £17 billion in cuts in this year's Budget.
A new national living wage and further spending cuts over the next five years are two of the key points announced in today's Budget 2015.
Chancellor George Osborne has announced a host of changes in what is the first Budget from a majority Conservative government in nearly two decades.Read more >>
All eyes will be on British chancellor George Osborne this week as he unveils the first Budget of the new Conservative administration.
Although this will be Mr Osborne's seventh Budget as chancellor since succeeding Alistair Darling in 2010, it will be the first delivered under a Conservative majority government, with the departure of former coalition partners the Liberal Democrats expected to have an impact on the strategic direction of government policy.
The announcement on Wednesday (8 July) will therefore be seen as a barometer of what to expect from David Cameron's new administration, with the Budget proposals widely expected to be led by a fresh raft of cuts to public spending.Read more >>
Venture capital investment in technology companies across Britain hit $1.5 billion in the six months to June, with London leading the way.
A record high of almost $1.5 billion (£963 million) was invested by venture capital firms in Britain's technology companies during the first half of 2015.
This is according to new figures released by London & Partners, the promotional company for the capital set up by mayor Boris Johnson.Read more >>