Most business owners will tell you that if there’s one certainty that comes with running a business it’s this: the unexpected can and does happen. In other words, things don’t always go according to plan. Whether it’s an unexpected tax bill, equipment breakdown, or late invoice payment, many unforeseen things in business can spell disaster […]
The UK’s economic recovery has got the vast majority of businesses concerned about inflation for the first time in at least a decade. The current CPI is set at 6.1% as of February 2022 but is expected to rise to 8% by the end of spring, leading to many businesses needing to reconsider their cash flow […]
Confidence among UK business leaders collapsed in March as Russia’s attack on Ukraine continued and rising costs and soaring inflation weighed heavily. This is according to a survey conducted by the Institute of Directors (IoD). The IoD found that over half (53%) of business leaders say that spiralling energy costs are exerting a negative impact […]
However, as many already know by now, the term Metaverse was coined by Neal Stephenson in his 1992 science fiction novel entitled Snowcrash, where humans interacted with each other as avatars. In his book, the Metaverse is referred to as a digital universe accessible with virtual reality (VR). Today, the Metaverse is a digital world […]
“We applaud the efforts the Chancellor has made to help out those most in need. But we are disappointed that the wider Government has done little or nothing within its powers to increase the underlying supply of goods, energy and skilled workers,” Next said. “It is important to recognise that Government interventions to ‘pay for’ […]
The way you handle your personal finances says a lot about you. It shows how you can cope with financial difficulties, manage your income, save, and even invest. Learning financial skills and gaining financial knowledge is important if you are willing to achieve your short-term and long-term money goals, get rid of debt, and become […]
On Tuesday, Haun Ventures, founded by former federal prosecutor turned crypto investor Katie Haun, announced a $500 million early-stage fund. The firm also announced an additional $1 billion for more mature startups which will focus on Web3. Haun Ventures’ launch comes at a challenging time for the crypto industry. Following an all-time high for Bitcoin […]
Axios’ report states that China now has a total of 1,133 billionaires, a figure which is growing approximately three times faster than the US’ billionaire population. Presently, the US had 716 billionaires. The three cities with the largest billionaire populations are now all in China, with Shenzhen recently bumping New York City from third place. […]
What The Research Shows The new industry-wide research report, titled the Ambition Index, has highlighted that 37% of UK businesses have investment plans in place, compared to 26% before the pandemic - a strong sign that business confidence is picking up. Private equity deals in the UK, both in terms of deal volume and value, […]
On Monday, Berkshire Hathaway announced it had agreed to purchase insurance company Alleghany for $11.6 billion in cash. The company said the deal, expected to close in the fourth quarter of this year, represents “a multiple of 1.26 times Alleghany’s book value at December 31, 2021” in addition to a 16% premium to Alleghany’s average […]
As Russia’s unprovoked attack on Ukraine continues, heads are increasingly turning to the country’s president and his mysterious fortune. How rich is Russian President Vladimir Putin? Is Putin richer than Tesla CEO Elon Musk? And how did Putin amass his elusive net worth? President Putin’s Net Worth In 2018 the Kremlin disclosed that President Putin […]
1. Bill Gates And Melinda French Gates Bill Gates launched the Bill and Melinda Gates Foundation alongside his then-wife Melinda French Gates in 2000. The Microsoft co-founder and his wife pledged to donate 95% of their wealth and, by 2010, had given $17 billion away to their foundation to support health projects and tackle poverty […]
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