Television channels, airports and banks around the world have been knocked offline in a massive outage causing Windows computers to suddenly shut down. Sky News’s breakfast show was not on air on Friday morning, replaced by archive footage. Downdetector, a website which monitors outages, reported sudden spikes in problems with websites including Microsoft applications, banking...
Category: Bussiness
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UK government debt highest since 1962
Getty Images The UK’s national debt has reached its highest level since 1962, according to new official figures. The total stock of government debt was worth 99.5% of the value of the economy in June, exceeding the highs reached during the coronavirus pandemic for the first time. The Office for National Statistics (ONS) figures also...
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UK’s FCA: Financial Firms Must Improve Treatment of Politicians
The United Kingdom’s Financial Conduct Authority (FCA) is looking to change its guidance to ensure that financial firms do not treat politicians and public servants unfairly. The FCA released proposed amendments to its guidance relating to politically exposed persons (PEPs) on Thursday (July 18) and invited public feedback on the changes to be submitted by...
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Francophone British Business Council (FBBC) Joins MSGBC Oil, Gas & Power 2024 as Strategic Partner, Promoting United Kingdom-Africa Investment – Africa.com
The Francophone British Business Council (FBBC) has partnered with the upcoming MSGBC Oil, Gas&Power conference and exhibition – scheduled for December 3-4 in Dakar – highlighting energy sector opportunities for British investors and businesses in West Africa. The FBBC promotes trade between the UK and Francophone countries, including West African nations such as Senegal, Niger,...
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Dr Dre and Snoop Dogg’s RTDs land in UK – The Spirits Business
Gin & Juice by Dre and Snoop has launched in the UK following its US debut in February. Snoop Dogg (left) and Dr Dre have worked together for 30 years The ready-to-drink (RTD) range is named after Snoop Dogg’s 1994 single, which was produced by Dr Dre. The song celebrates its 30th anniversary this year....
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Capco appoints Paul Riseborough as UK managing partner
Global management and technology consultancy Capco has named ex-banker Paul Riseborough as the new Managing Partner of its UK business. Appointed per the start of this month, Paul Riseborough brings 20 years of broad financial services industry expertise to the role. He steps up from his role as partner in Capco’s Banking and Payments practice....
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King of United Kingdom announces priorities of new government, including Ukraine.
UkrInform Ukraine and world news. Ukrinform brings the latest news, daily news, political news, business news, social news, cultural news, sports news, international news In his speech, King Charles III of Great Britain announced the priorities of the new Labour government for the months to come after the party’s victory in the general election in...
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Sony Music UK CEO Jason Iley to Receive Music Industry Trusts Award
LONDON – Jason Iley, the long-serving chairman/CEO of Sony Music U.K. and Ireland, has been announced as this year’s recipient of the U.K.’s Music Industry Trusts Award (MITS) in recognition of his contribution to the British record business. Iley, who was named head of Sony Music U.K. in 2014 following a brief stint as president...
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Mortgage News: Co-op And Virgin Latest To Cut Rates As Competition Heats Up
Find out what’s happening with today’s mortgage rates and calculate monthly repayments across a range of different rates and deals. 16 July: Lenders Look Ahead To August Bank Rate Decision Co-operative Bank and Virgin Money are the latest in a string of lenders to slash mortgage rates as the clamour for business intensifies, writes Jo...
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Taylor Swift Helps Lift UK Vinyl and CD Music Sales to Half-Year High
Vinyl and CD music sales grew 7.9% to £164 million ($213 million) in the United Kingdom in the first six months of 2024, due in no small part to the all-conquering, seemingly unstoppable success of Taylor Swift, according to mid-year figures from the Digital Entertainment and Retail Association (ERA). Released in April, Swift’s eleventh studio...
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DrayTek Survey Reveals What UK Businesses Think of their ISP
Networking kit manufacturer DrayTek, which is a familiar name in the broadband connectivity world, has published a new ‘ISP Performance and Perceptions Survey 2024’, which reveals what business users really think about their Internet Service Provider and what they view as their most crucial connectivity needs. The survey – download here – appears to be...
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Paycorp Leverages ATM Transaction Data to Offer UK Businesses Funding in Under 2 Hours | The Fintech Times
Payment solutions provider Paycorp has expanded its embedded, pre-approved business funding offering into the United Kingdom, to meet growing demand in the region. Paycorp has launched its embedded funding offering in the UK as ‘Recap Global’ and plans to serve SMEs across all sectors, including wholesale and retail trade, restaurants and pubs, hotels, mechanics, and...