The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, UK Finance announces today. The decision to raise the contactless limit from £45 to £100 was made by HM Treasury and the Financial Conduct Authority following a public consultation and in discussion with both the […]
Payments using contactless cards surged as the UK emerged from lockdowns and consumers started spending again. The number of purchases made in May via contactless technology doubled compared with the same month a year earlier, and was up 50% on May 2019. Some 65% of purchases on debit cards were made in this way. […]
The UK has lost 83% of its main department stores in the five years since the collapse of the BHS chain. The figure highlights the extent of the upheaval in the High Street as the Covid pandemic sped up changes in shopping habits. The data, compiled by commercial property information firm CoStar Group, also […]
A 12-year-old boy from London has made about £290,000 during the school holidays, after creating a series of pixelated artworks called Weird Whales and selling non-fungible tokens (NFTs). With NFTs, artwork can be “tokenised” to create a digital certificate of ownership that can be bought and sold. They do not generally give the buyer […]
A “dramatic” recovery in the jobs market has led to wage inflation and shortages of qualified workers in some industries, according to the UK recruiter Hays. Recruiters’ fees are closely correlated to the strength of the jobs market, which was hit hard at the start of the coronavirus pandemic as workers were forced to […]
The new leader of one of the UK’s biggest trade unions is to meet a boss of Uber to take forward a groundbreaking deal on workers’ rights. Gary Smith, the general secretary of the GMB, said he wanted to end the “exploitation” of more than 200,000 drivers in the industry. Thursday’s meeting with Uber’s […]
When Windows 11 was revealed, the community was surprised that Microsoft has decided to go ahead with a finalized product rather than issuing a pilot version that would have served as the basis of a future build. Yet, Windows 11 seems to have it all, and one of the features it sports appeals to […]
The arrival of the Steam Deck by Valve promises to disrupt a market long-dominated by Nintendo Switch. After Sony pulled out its Sony PlayStation Portable (PSP) from markets worldwide, people began wondering if another company would ever be able to occupy the vacuum left by PSP. It isn’t so much that Nintendo Switch was […]
Shares of a company indicate the ownership. When you buy a share, you help in the funding of the organization in order to grow its business. As a shareholder, you own a portion of the assets and earnings of the company. However, depending on the financial market and the performance of the organization, the […]
Stephanie White talks to us about how a bad experience in the corporate world led to the creation of her business, By The Way Creative. Tell us about your business? My name is Stephanie White and I am a Hampshire-based businesswoman and founder of copywriting agency, By The Way Creative. After I graduated with […]