HSBC’s profits rose 74% in the third quarter as improving economic conditions allowed the bank to release hundreds of millions of pounds originally set aside for a potential jump in loan defaults during the pandemic. The London-headquartered bank said pretax profits rose to $5.4bn (£3.9bn) in the three months to 30 September, up from $3.1bn a year earlier. It ...

The majority of UK employers are planning to hire staff over the next 12 months, the highest recruitment intentions in eight years, as Brexit and the Covid-19 pandemic have caused acute shortages of workers in sectors ranging from haulage to hospitality and social care. 80% of businesses and other organisations are planning to take on more staff over the ...

A group of 30 UK millionaires have called on the chancellor to tax them and other rich people more because they can afford to pay it and “the cost of recovery cannot fall on the young or on those with lower incomes”. In an open letter in the run-up to the budget on Wednesday, the millionaires told Rishi Sunak ...

More than a third of companies believe that the chancellor should increase taxes to tackle greenhouse gases as part of “a carrot and stick” approach to driving the transition to net zero. A survey of more than 1,000 businesses by EY released days before Rishi Sunak delivers his third budget found that 39 per cent of respondents thought taxes ...

Three-quarters of office workers in the UK have either witnessed or personally experienced misconduct at some point in their careers, according to a new study. Almost half of office workers in the UK have personally been a victim of some form of misconduct, including bullying, sexual harassment, discrimination, fraud or bribery. The report highlights an ‘alarming, systemic issue,’ with ...

Sleep is a miracle drug! Sleep, as enjoyable as it is, serves essential bodily and mental functions. All living things require sleep. It’s not just about relaxing, having fun, and spending time alone. Sleep has incredible powers! Sleep is essentially when the mind/body undergoes a complete mental, emotional, and physical transformation. The body is rejuvenated and recharged during a ...

Today the CBD market stands as one of the most interesting investment opportunities out there. Whether you are looking for stocks to buy or considering starting your own business, there are some very good reasons to place CBD and its related products on your investment shortlist. In this article we are going to discuss some of those reasons. 1 ...

A Brewdog promotion which said customers could win “solid gold” beer cans was misleading, the advertising watchdog has found. The Scottish brewer offered shoppers the chance to find a gold can hidden in cases sold from its online store. But some winners complained to the Advertising Standards Authority after they discovered the cans were not solid gold, but were ...

There is growing concern that free, face-to-face advice which helps hundreds of thousands out of debt each year could be cut. New contracts from the Money and Pensions Service (MaPS), which funds most free debt advice in England, will see more money spent on help given over the phone or online. Debt advisors says that risks leaving some people ...

The Bank of England’s new chief economist has warned that UK inflation is likely to hit or surpass 5% by early next year. Huw Pill told the Financial Times that the Bank would have a “live” decision to make at its next interest rate-setting meeting on 4 November. It follows recent comments from Bank of England governor Andrew Bailey ...

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