As we head into 2022, companies are preparing by pivoting their focus toward digital transformation to boost value for their customers and their bottom line. Here are 4 trends to look out for in 2022. 1. Contactless services The challenges created by the coronavirus pandemic have caused a major shift in consumer behaviour. Suddenly needing […]
Getty Images To Go Public Following A $4.8 Billion SPAC Deal
The deal with CC Neuberger Principal Holdings II, which is also backed by CC Capital, marks Getty Images’ return to public markets after 13 years. The deal will provide the company with proceeds of up to $1.2 billion, including funds from the special purpose acquisition company’s (SPAC) trust account as well as a $150 million […]
Employees Believe Metaverse Will Improve Hybrid Working
Some employees are now saying they want their bosses to embrace the metaverse to enable more effective hybrid working, a survey suggests. US technology company Owl Labs recently surveyed 2,000 people in the UK, finding that 52% of participants backed the call for more virtual technologies to be used to support hybrid working. Just over […]
FCA Proposes “Reset” In Consumer Protection
The FCA is seeking to reinforce its ability to prevent poor conduct following its botched handling of collapsed invent fund London Capital & Finance and a recent surge in online scams. The FCA has proposed that, from April 2023, firms must comply with a new consumer duty principle under which they must act to deliver […]
Moving To A Hybrid Work Model: An Interview With Deloitte
Aside from the pandemic, what prompted Deloitte to shift toward a hybrid work model? We believe the future of work will be more productive and provide an enhanced experience for our people and our clients. We expect most of our workforce will follow a hybrid working model, being more flexible about where work is done […]
Selfridges To Be Sold To Thai Group For £4 Billion
Selfridges has been owned by the Weston family, one of Canada’s wealthiest families, for the past 18 years. According to the Times, they have now agreed on sale terms with Central Group. While the deal could be made by the end of 2021, it is possible that it may carry over into early 2022. The financial […]
Houses Prices In UK Surge As Annual Growth Rises To 10%
According to Nationwide’s latest house price index, annual house price growth was strong in November at 10%, a figure that slightly exceeds the 9.9% recorded in October. Month-on-month, prices were up 0.9%, taking into account seasonal effects. While in October the average house price in the UK sat at $250,311, this figure rose to £252,687 […]
How To Reinvent Your Business’ Digital Presence
If you’re an SME, then having a digital presence is crucial when it comes to attracting new customers and clients. Whether you are wanting to help the business seize new opportunities or make it more diverse and inclusive by improving user experience (UX), reinventing your business could be the best thing you ever do. Increase […]
Chengdu Eases Rules For Property Developers Amid Cash Crunch
The announcement by Chengdu comes after several real estate firms, led by industry giant Evergrande, fell into a financial crisis after China began a regulatory drive to end speculation and leverage. The move left companies struggling to meet their debt obligations, exacerbated by the fact they were unable to offload properties or borrow more cash. […]
Energy Firm Bulb To Go Into Administration
Bulb is the largest UK energy company to face difficulties this year. It will become the first energy company to be placed into “special administration” where it is run by the UK government through the regulator Ofgem. “Customers of Bulb do not need to worry – Bulb will continue to operate as normal,” Ofgem said. […]