Tackling fuel poverty head on: Prioritising a holistic approach this winter
Duncan McCombie, Group Chief Executive Officer at YES Energy Solutions, discusses the challenges many people face during the winter months and the steps his organisation is taking to support them.
FY2023: How to tackle end of Fiscal Year budgeting concerns
The end of the 2023 Fiscal Year (FY2023) is upon us. As Congress looks to create budgets for next year, government entities need to be wary of their spending habits and plan ahead to optimize spending of entrusted budgetary dollars to ensure dollars are spent on the highest priority items.
7 Ways for a small business to boost their cash flow
Good cash flow is fundamental for businesses to survive and grow. In fact, it’s more important than profit as it supports day-to-day trade whilst also providing a strong foundation for business development.
Entrepreneurship creates jobs, growth and innovation
Dr Padmesh Gupta, Managing Director of Oxford Business College, probes if entrepreneurship plays a vital part in creating jobs, growth and innovation.
Future of payments review: Open banking, fintech competitiveness and public sector payments
The UK's Future of Payments review aims to use open banking and innovation to make public services better and more inclusive.
Rises in core inflation and how this affects UK businesses
Rising core inflation is intensifying the UK's cost of living crisis, straining businesses. The country hasn't witnessed such high inflation since the 1980s, burdening many enterprises.
UK predicted to lead G7 Nations in inflation rate
The UK is set to experience the highest inflation rate among the advanced G7 economies in the current year.
UK’s drive for a fairer international financial system
Foreign Secretary James Cleverly is set to unveil the UK's renewed commitment to a more equitable international financial system at the UN General Assembly (UNGA)
Cutting back on spending during the current economic climate
The cost of living crisis and the current economic climate continue to create severe financial difficulties for many households in the UK. In times of such high inflation and soaring food costs, it is not surprising, therefore, if the consumer purchasing habits change.
Increasing food inflation and the impact on supermarkets
Figures from the Office for National Statistics show that UK food inflation in March and April 2023 was the highest in more than 45 years.
UK basic wage surge sparks inflation concerns
The UK basic wage growth has reached a new record high, posing challenges for the Bank of England (BoE) amid concerns about long-term inflation pressures.
Cost of oil price cap leads to pressure on Putin’s finances
Six months since its initiation, the UK-supported oil price cap on Russian oil and products continues to exert significant pressure on Putin's finances.
Understanding UK monetary policy: Is a UK recession a reality?
With the cost of living increasing and financial instability becoming the norm, understanding UK monetary policy and the causes of a potential UK recession is becoming more and more important.
Closing the gaps in the cashless economy
What must governments do to transition to the cashless economy? Policymakers need to address issues by protecting access to cash and to the financial system.
National fraud initiative (NFI) creditors – “claim, vet and match”
Ray Dorney talks us through Rockford Associates Limited’s Accounts Payable Recovery Audits used to detect and prevent overpayments in the public sector and beyond.
Is the Bank of England’s plan to curb UK inflation really working?
The government is currently supporting the BoE’s stance of continuing to raise interest rates to stamp out UK inflation – but is it working?
Global oil prices decline amid concerns over China’s economy
Concerns about China's economy continue to grow as global oil prices dropped over 1% today (Monday, 19th June 2023), but what does this mean for the Chinese government and the international economy?
It’s time for public sector employee financial wellness to be a priority
Financial wellness is an under-discussed topic for the US public sector. What can organisations do to tackle increasing financial stress?
Is the dominance of the dollar in trouble amid the Russo-Ukraine war?
The stability and dominance of the dollar is under threat. For years, the dollar has held a firm grip as the global currency, serving...
OECD forecasts highest inflation rate for Britain among G20 nations
The OECD, a club consisting of rich countries based in Paris, has unveiled its latest forecasts, revealing the highest inflation rate for Britain among G20 Nations, placing it just behind Argentina and Turkey.
