Tag: new business ideas

The number of people switching their current account to another provider has fallen to a new low, according to industry figures.Just 57,779 used the seven day switching service to move accounts in September, the lowest number since the scheme was launched four years

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New Zealand will ban foreign buyers from purchasing existing homes in the country in an effort to cool soaring property prices. Prime minister-elect Jacinda Ardern said the ban only applies to non-residents. The country is facing a housing affordability crisis which

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Shares in Lloyds Banking Group fell more than 1.5% after it reported its latest quarterly results.Profits jumped to £1.95bn with the company opting not to set aside any further funds to cover the mis-selling of payment protection insurance.Among FTSE 100 shares,

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Lloyds Bank has announced pre-tax profits for the third quarter of £1.95bn, a rise of 141% on the same period last year.However, last year’s result included a big provision to cover claims for mis-sold payment protection insurance (PPI).Underlying profit for the

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The last pack of UK-made cigarettes has rolled off the production line at the JTI plant in County Antrim.Japanese firm JTI took over Gallaher in 2007, and announced the closure of its Ballymena plant in 2014.More than 800 people were employed at the factory, the

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Whenever any report has a “global” subject matter it’s never long before there’s a massive, global-size statistic, counting people by the millions and billions.News reports on global problems like to gesture to devastation and deprivation on an

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Media playback is unsupported on your device If you think that WhatsApp is killing the humble text message you may need to think again.A growing number of us are sending far fewer text messages than we used to.Armed with our fancy smartphones, in recent years we have

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Capitalism is not delivering on its promise to raise living standards, a former head of the business lobby, the CBI, has warned. Lord Adair Turner, who is also a former City regulator, made the comments ahead of the release of third quarter growth figures for the UK

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More than a fifth of those approached by investment fraudsters fail to report it, according to a survey conducted for the Financial Conduct Authority.Amongst a group of over-55s surveyed, only 63% said they would tell the authorities if they thought they had been

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