BA owner IAG boosts staff by 1,700 to meet summer demand surge
British Airways has created 1,700 jobs as it gears up for a summer boom allowing…
BA owner IAG boosts staff by 1,700 to meet summer demand surge
British Airways has created 1,700 jobs as it gears up for a summer boom allowing its parent company IAG to match last year’s operating profit bonanza of €3.5 billion. The recruitment drive at BA includes cabin crew and technology professionals to enhance the airline’s digital services. This move follows a 7% increase in capacity as…
Bank of England expects inflation to fall faster than previously predicted
The Bank of England now anticipates that inflation will decline more rapidly than previously forecasted, dropping below the central bank’s 2 per cent target for a sustained period. This projection implies a need for interest rates to decrease at a faster pace than what financial markets have currently priced in. According to the latest forecasts…
Bank of England Expected to Maintain Interest Rates Amid Economic Uncertainty
The Bank of England is anticipated to keep interest rates steady at 5.25%, marking the sixth consecutive hold on Thursday. This decision will come against the backdrop of persistently high inflation, which currently stands at 3.2%, exceeding the Bank’s 2% target. Alongside the interest rate announcement, the Bank will unveil its latest economic forecast, shedding…
Car Industry Urges UK Government Action to Boost Waning Electric Vehicle Demand
Car manufacturers are sounding the alarm over slowing demand for electric vehicles (EVs) among private buyers in the UK, prompting urgent calls for government intervention to reignite interest in battery-powered cars. Despite an overall increase in UK vehicle registrations by 1% year-on-year to 134,000 in April, driven by fleet sales, private buyer sales witnessed a…
Which Suitcase Components Provide The Most Value When Upgraded?
When it comes to upgrading your suitcase, certain components offer significantly more value in terms of durability, functionality, and ease of use. Understanding the aspects of luggage that contribute most to a hassle-free travel experience can help consumers make informed decisions about where to invest in upgrades. While many may consider aesthetic changes, it is…
Mistakes to Avoid in Google Ads: Top Blunders to Sidestep From the PPC Experts
PPC or pay-per-click Google Ads, as they are also known, can be a very effective strategy to drum up online business for many enterprises. Indeed, when used correctly, they can give sites a short-term boost of both traffic and conversions, ensuring businesses can reach their revenue goals. They can also have a great value ROI…
Mulberry Faces Sales Decline Amidst Luxury Market Slowdown
Mulberry, the British luxury brand renowned for its exquisite leather handbags, has encountered a 4% dip in annual sales, echoing broader trends of reduced spending among affluent consumers. Despite experiencing growth in international markets, particularly in the United States, the company grapples with challenges in the UK and Asia, reflecting the prevailing downturn in luxury…
Data Retention Policy for Small Businesses in the UK
Small businesses in the UK are faced with the dual challenge of harnessing the power of data while also ensuring its responsible management. A data retention policy serves as a roadmap for businesses, guiding them through the complexities of data collection, storage, and disposal. At its core, such a policy is designed to strike a…
5 Unconventional Ways of Raising Finance for Your Small Business in the UK
Starting and sustaining a small business in the UK often requires substantial financial backing. While traditional methods like bank loans and venture capital investments are widely known, there are unconventional avenues worth exploring. In this article, we’ll explore five innovative ways to raise finance for your small business in the UK. Crowdfunding: Thinking Outside the…
Fostering Financial Wisdom: City Veteran Peter Davies from Lansdowne Partners, Guides Youth Parliament’s Chancellor Of The Exchequer
In a pioneering effort to instil financial literacy at a young age, veteran investor Peter Davies of Lansdowne Partners recently sat down with Aryan Shekar, the 11-year-old Chancellor of the Exchequer for the Sir David Amess UK Children’s Parliament for primary school students. Accompanied by five other students from Westminster Under School, Shekar grilled Davies…
Small Business Cyber Attack Insurance in the UK
The threat of cyber attacks looms large over businesses of all sizes. Small businesses, in particular, are increasingly becoming targets for cybercriminals due to their often-limited resources and less sophisticated cybersecurity measures. In fact, according to the Cyber Security Breaches Survey 2021 conducted by the UK government, 39% of small businesses experienced a cybersecurity breach…
How to Protect Your Business Against Data Breaches
Data is considered the new currency, protecting your business against data breaches has never been more crucial. Did you know that according to a recent study, the average cost of a data breach is estimated to be around $3.86 million? Furthermore, it’s not just large corporations that are at risk; small and medium-sized businesses are…
Secondhand fashion seller Vinted moves into profit after 61% sales rise
Vinted, the online marketplace for secondhand fashion, has achieved a significant milestone by reporting a remarkable 61% surge in sales, reaching nearly €600 million (£513 million). This surge has propelled the company into profitability for the first time, marking a significant achievement amid the burgeoning demand for “pre-loved” clothing. Based in Lithuania, Vinted attributes its…
Declining Job Vacancies Stoke Hopes for Interest Rate Cuts Amid Cooling Labour Market
The persistent decrease in job vacancies is underscoring a cooling labour market, fueling optimism for potential interest rate cuts in the coming months. According to the latest labour market report by Adzuna, a leading job search engine, vacancies have plummeted by over 17% year-on-year, with a further 0.5% decline on a month-on-month basis. The ratio…
Creative Ways QR Codes Can Be Used to Promote Your Small Business
QR codes, those little square patterns that seem to be everywhere these days, are not just a passing fad. According to a study by Juniper Research, it’s estimated that over 5.3 billion QR code coupons will be redeemed by smartphones by 2022. They’ve become an integral part of our digital landscape, offering businesses a versatile…
