Bank of England unveils biggest interest rate rise in 27 years

The Bank of England raised interest rates by half a percentage point on Thursday in the biggest increase in the cost of borrowing for 27 years. It is the sixth consecutive hike from the Bank’s Monetary Policy Committee (MPC) since December and lifts its key lending rate from 1.25 per cent to 1.75 per cent. […]

How conversational AI is giving financial service organisations the edge in customer relations

Even pre-pandemic, the financial services industry was facing ‘innovate or die’ decision points, in the face of newer, more technologically nimble competition and changing consumer behaviour. More customers were banking remotely than ever before, with one study suggesting that four out of five people had started to prefer digital banking to in-person visits. Then came […]

Study: half the world’s population will adopt mobile wallets by 2024

Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024.The researchers note that since 2015, the total revenue generated by mobile wallet applications has tripled, and by 2022, it’s expected to be around $1,639.5 […]

State pension age to increase after review by DWP

The State Pension is 66 for men and women across the UK – but it is set to increase The State pension age is set to increase after a review is carried out by the Department for Work and Pensions. The benefit is regularly reviewed to ensure the pension age is affordable for the government […]

5 recruiting mistakes that may be adding to resignations

When there is a talent shortage, you have to be extra careful in your approach to hiring. Whether you call it the Great Resignation or the Great Reset, recruiters are busy these days. An unprecedented number of quits have created an unprecedented number of vacancies that need to be filled. But your company’s recruiting methods could be […]

The end of the ‘accidental landlord’? Small-time buy-to-let owners are disappearing as corporate investors swoop in, industry body suggests

Small-scale landlords are selling to benefit from high house prices But portfolio landlords are weathering the storm and still buying new properties Some 47,400 new buy-to-let companies were incorporated last year  Corporate investors such as pension funds and insurance firms are also buying Small-time landlords are increasingly giving way to portfolio investors and large corporate […]

County Cup Final Day for Deeping Rangers U18’s

Today marks the final chapter of the book for Deeping Rangers U18’s. Many players in this group have played together since they first began football as young boys and have achieved so much during that time. How better to cap it off than with a County Cup Final. Anyone that knows the power of sport […]