Business

The brewing controversy over mis-sold car loans has forced Santander UK to set aside £295 million to potentially compensate aggrieved motor finance customers. The bank joins a small but growing list of lenders that have started to make provisions for the growing scandal, which some analysts believe could leave the car loans industry footing a redress bill of as much as £30 billion. Santander UK’s move takes the total amount earmarked by firms for compensation...

Nish Kankiwala, chief executive of the John Lewis Partnership, has accused Chancellor Rachel Reeves of implementing a “two-handed” tax grab on retailers, joining a growing backlash against the recent Budget. Kankiwala stated that John Lewis faces increased employment costs and higher business rates following the Budget, which could hinder the retailer’s turnaround efforts. “That seems to be sort of [a] two-handed grab, and that’s unhelpful,” he told the Financial Times. The partnership, which operates John...

The price of bitcoin soared to a record high of $94,839, extending a rally that has seen its value surge by nearly 40% since Donald Trump’s re-election victory. The digital currency, worth $7,333 five years ago, has benefited from optimism surrounding a potentially crypto-friendly regulatory environment during Trump’s second term. Once a sceptic of cryptocurrencies, Trump has pledged to transform the US into “the crypto capital of the planet” and establish a “strategic reserve” of...

Email marketing remains one of the most effective tools in the digital marketer’s arsenal. However, its success is no longer measured merely by how many emails are sent or received, but by how well those emails resonate with the audience. Enter email segmentation—a powerful technique that ensures your message lands in the inbox of the right person at the right time. This article dives deep into email segmentation, its benefits, and actionable strategies for leveraging...

Advancements in digital technology have made it easy to pay bills, shop, and transfer money with a single tap of a button. This has evolved the way financial transactions are performed around the globe. Businesses have also immensely benefited from the same as they can easily facilitate cross-border payments hence boosting the economic growth of developing economies. Click here to learn more about the best solution for your customers. Today we will take a look...

In the UK alone, unclaimed work expenses add up to around £140 million annually. This surprising loss stems from lengthy reimbursement processes that companies operating in the British market sometimes follow. Many employees (around 38%) opt not to claim these expenses at all. Efficiently managing corporate expenses has become essential — for financial oversight and ensuring employee satisfaction. One increasingly popular tool among companies is the expense card, which simplifies expense management and offers a...

Discovering the perfect Apple Watch wristband for your active lifestyle can make all the difference in your fitness journey. As more fitness enthusiasts incorporate Apple Watches into their routines, finding a band that provides comfort, durability, and style is crucial. Whether you’re running, swimming, or hitting the gym, the right wristband ensures your watch stays secure while enhancing your workout experience. Why Choosing the Right Apple Watch Wristband Matters Selecting the right Apple Watch wristband...

Live streaming is up there with the wheel, sliced bread, and the printing press when it comes to the best innovations of all time. It’s certainly one of the top developments of the internet age, and the platform has boomed over the last few years. Whilst it is being used successfully at online casinos, it hasn’t had much of an impact on the online bingo market yet. Could this be set to change over the...

Artificial Intelligence (AI) is transforming business operations worldwide. A recent McKinsey study reveals that 35% of global businesses already deploy AI technologies. Industries such as healthcare, finance, and manufacturing reap significant benefits, while e-commerce leverages algorithms to personalise customer experiences. Experts forecast that by 2030, over 70% of businesses will integrate AI for data analysis, customer interactions, and process optimisation. However, AI implementation comes with hefty investments, making it unsuitable for every organisation. Choosing the...

HM Revenue & Customs (HMRC) has nearly doubled the amount paid to individuals providing tip-offs about suspected tax evasion, disbursing almost £1 million (£978,256) in the 2023/24 financial year compared to £508,500 the previous year. The increase comes amid growing pressure to reduce the UK’s £39.8 billion tax gap—the difference between the tax that should be collected and what is actually received. According to data obtained under the Freedom of Information Act by accountancy firm...