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November slow and distorted by Black Friday

15th December 2015
UK retail sales decreased 0.4% on a like-for-like basis from November 2014, when they had increased 0.9% from the preceding year. On a total basis, sales were up 0.7%, against a 2.2% rise in November 2014. Adjusted for the BRC-Nielsen Shop Price Index deflation, total growth was 2.2%. Total growth was below the 3-month average […]
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Retailers without Card and Contactless Payments losing out on Christmas trading

11th December 2015
Retailers could be missing out on crucial Christmas trading if they’re not able to offer card payments, new research from EE reveals. Four in five (80%) shoppers in the UK expect to be able to pay for goods using their credit or debit cards, but a quarter (25%) have been forced to abandon transactions due […]
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Season of good cheer for financial services contractors

10th December 2015
Contractors in the financial services sector are in for a bumper Christmas as they’re set to see an increase in both rates and opportunities, according to giant group. The specialist service provider’s latest analysis of its contractor database found that these types of professionals expect an increase in both financial reward and opportunities over the […]
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Data Theft Concerns Spur Mobile ID Market

9th December 2015
A new study from Juniper Research claims that Mobile Network Operators will generate an additional $700m annually by 2020 from new universal log-in and mobile identity services - from a base of just $20 million this year. The new research - Mobile Identity, Authentication & Tokenisation 2015-2020, found that as online engagement has soared, the […]
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GE calls off Electrolux appliance deal due to US Antitrust Pushback

8th December 2015
Yesterday General Electric suspended proceedings on a $3.3 billion agreement to sell its appliance business to Swedish firm Electrolux, following months of push back from US antitrust regulators. The deal would have seen Electrolux become the world’s biggest appliance maker over Whirlpool. GE have now said that they will pursue other options in the sale […]
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EY's Global Banking Outlook for 2016 - Transforming talent: the banker of the future

8th December 2015
EY today launches its Global Banking Outlook for 2016, which looks at banking trends across the world for the year ahead, and focuses this year on talent in the sector. In recent years, banks have refocused, redefined and reshaped many aspects of their core business, structures and processes through technological innovation, but their workforce demographic […]
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Hermes Chief Economist: Looking into 2016….

7th December 2015
In his latest Economic outlook quarterly, Neil Williams, Group Chief Economist at Hermes Investment Management, sets out the four main pillars of his macro outlook for the year ahead. Handing over the growth baton... Despite China’s slowdown, concerns about Greece, and the imminence of the US Fed’s first rate hike, global growth should not be […]
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PwC US Tracks Shift in Consumer Attitudes Towards Brands

4th December 2015
Between 1999 and 2014, 47% of brands fell off the top 100 “leader brands,” according to a PwC US study. The number jumps even higher to 72% when the leader brand set is expanded to include product brands. While the list used to be led by media companies, today, electronics and technology companies are flourishing. […]
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Philipp Man

3rd December 2015
Deal of the Month
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Reaction to today's ECB rate & QE changes

3rd December 2015
Neil Williams, Group Chief Economist Welcome to ‘divergence December’. The fact that euro-zone and US monetary policy will be taking different routes – the ECB loosening, the Fed tightening – was always a given. So, what markets needed today was guidance on how fast they’ll be travelling and how far they’ll end up going. The […]
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2015 Deloitte UK Technology Fast 50 announced

3rd December 2015
Deloitte, the business advisory firm, has today announced the winners of the 2015 Deloitte UK Technology Fast 50. The awards, now in their eighteenth year, recognise and rank the 50 fastest growing technology companies in the UK, based on the last four years of revenue growth. Supporting Deloitte’s initiative for the UK’s fastest-growing technology companies […]
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