Money

In April, the UK's construction sector returned to growth due to a rise in house building, as Reuters reported. However, commercial activity in the sector actually continued dropping in April, with political uncertainty blamed for delaying spending decisions. The protracted slowdown in commercial property building has understandably sparked concerns, and it could have various implications for London commercial builds in particular. A bittersweet month for the UK construction sector In April, the IHS Markit/CIPS construction Purchasing Managers' Index (PMI) hit...

This is a tough time for the UK gambling industry. Like most sectors of the UK economy, it is waiting to see if Brexit will hit future profitability. In addition, over the last few months, UK gambling companies have been hit by a series of regulatory blows that have struck at the core of their business model. The highest profile blow to the £14.5 billion UK gambling industry was the UK government’s reform of the rules on Fixed Odds Betting...

Probate refers to the administering of a deceased person’s property without an existing will or guidelines. The court is charged with the mandate to appoint an executor or an administrator to be in charge of the collection of any unclaimed assets of the deceased, paying liabilities and debts, and also distributing assets to beneficiaries determined by the executor or named in the will (if there was a will). If there is a will, the estate executor will apply for ‘Grant...

Buying property is stressful. As an estate agent, I found the main reason for my client’s frustration was a lack of understanding as to how a property transaction works. There is an unwritten etiquette that estate agents want you to abide by to make the process smoother for all involved.  This is a step-by-step guide to purchasing a property. Whether you’re an experienced portfolio landlord or a first-time buyer, the information covered in this article will give you some pointers...

The first fully integrated casino resort in Europe will be City of Dreams Mediterranean, and it will open in 2021. City of Dreams Mediterranean will be operated by Melco, and it will be located on the Mediterranean island of Cyprus, which is considered a crossroads between Europe, Africa and Asia. Cyprus is a member of EU (European Union), the country has a stable government, a growing economy and it has a robust tourist infrastructure that has international airports and cruise...

Affiliates and introducing brokers are similar. Both provide customers with a way to gain access to specific services. While an affiliate can provide clients access to several types of good or services, an introducing broker is an agent or affiliate who introduces a customer to a broker service. In return for introducing a client to a broker, the introducing broker will generally receive a fee that is predetermined. Introducing brokers are usually paid a spread or portion of the commission...

● Developments in banking and financial technology will soon make money idioms such as ‘signing for the bill’ or ‘a penny for your thoughts’ a thing of the past ● Zopa, has given a modern-day twist to the top ten money phrases ● Zopa commissioned popular cartoonist Jonesy to bring the ideas to life with brilliant parodies● Each cartoon takes money-based idioms to the next level, illustrating humorously how different our lives could be as we become a digital society Zopa,...

Financial fraud takes many forms and it can largely be defined as the intentional act of deceiving an individual, with respect to financial transactions, for the personal gain of the deceiver. Some financial frauds involve complicated schemes while others simply rely on identity theft or stealing information off a credit card during a regular ATM withdrawal. Avoiding some of the most common types of financial frauds requires a certain degree of skepticism to “get-rich-quick deals” or sharing personal and bank...

Today, a bank is responsible for a lot more that even a few years ago. The amount of different financial products being offered and the complex situations of their customers mean that the financial institutions need to be organised in a suitable manner. Comarch, one of the world leading software designers, is able to supply a solution that deals with all aspects of this problem - Comarch SME Banking is an ideal tool to bring cash flow management to a...