Business and Economics

The recent skyrocket in Bitcoin’s market value has caused there to be a great deal of speculation about how long lasting this success will be and whether it is just a matter of time before it sees a significant crash (as was the case on previous occasions). As Bitcoin is decentralised by nature, it is possible that it will perform differently than other currencies as it is not controlled by any company, government or a particular organisation. Bitcoin, the very...

Threat to good manufacturing jobs in Belfast risks ‘domino effect’ with thousands of jobs at stake, union warns GMB, the union for aerospace workers, has called for the Government to intervene to protect Bombardier jobs in Northern Ireland. The union's call comes on the day Theresa May is expected the discuss the Bombadier trade dispute with Canadian leader Justin Trudeau. Bombadier, a Canadian company and Northern Ireland's biggest manufacturing employer, announced another 95 redundancies at its Northern Ireland operations on...

For many small businesses across the world, taking part in a trade show is one of the best ways to find new customers, establish brand recognition, and simply get people excited about what you’re selling. As we’ve seen with E3 – the biggest video game expo in the world – people love attending exhibitions to get hands-on with new products they’ve never seen before. There are dozens of fantastic trade shows around London every year, but this advice really extends...

You would think the banking industry would learn but sadly it appears not, according to a new report. The Adam Smith Institute, a leading think-tank, have said that the banking sector is an “accident waiting to happen.” The report has been published to coincide with the 10th anniversary of the Northern Rock crisis, that led to a run on the bank. This new report, which was authored by Kevin Dowd, Finance and Economics Professor at Durham University, was scathing on...

‘Government con trick’ sees billions stripped from budgets to deny real-pay rise to lower-paid 55 per cent of workers GMB, the union for public sector workers, accuses Theresa May of ignoring the ‘forgotten’ three million public sector staff in a major new report today [September 13 2017). The majority of public sector workers – 55 per cent - including council workers, front-line school and police support staff, and civil servants are not covered by a Pay Review Body, For years,...

With MiFID II soon to be put into practice, it’s more important than ever for Financial Institutions to understand what the MiFID is, and what is required of them to follow their regulations. One of the biggest areas for confusion is trade and transaction reporting. Both fairly similar, the confusion is understandable but it is simply to understand the difference. Making a FinTech investment can aid you in gaining the correct technology to make this easier, but we’ve looked deeper...

Almost half of adults (49%) aged between 18-75 said they would consider some form of Universal basic income. The poll had been commissioned by IPR for Ipsos-MORI and the support is for surprisingly high for an income that meets every citizen’s basic needs, regardless of social demographic and existing wealth. Every person in the UK would benefit from a state payment. However, when individuals were asked to consider UBI funded through increased taxation, support dropped to 30%, with 40% opposed....

According to recent figures, you are 20 times more likely to be robbed while online by a criminal based overseas, than by a robber in the street. There were an estimated 3.6 million cases of fraud and 2 million computer misuse offences last year alone, and fraud is now the most commonly experienced offence. While many people seem to think they’re taking cyber security seriously, the harsh reality is that scammers are targeting an increasing number of online users. With...

The picturesque seaside resorts many of us visit are not what they seem to be. Behind the sunshine (and showers) is a worrying level of deprivation. The Social Market Foundation has found that the coastal communities of the UK are among the worst off for employment, health, education and earnings. Behind the sandcastles and picture postcard vistas average wages are £3,600 a year behind the national average. The Think Tank found that five of the 10 local authorities in the...