Category: Uncategorized
Capita Extends Contract to Provide Mortgage Services to Tesco Bank
Capita has agreed on a contract extension until 2020 to provide mortgage services to Tesco Bank. Since the launch of Tesco Bank Mortgages in 2012 Capita has provided a full mortgage outsourcing service from their Glasgow based office. The service spans...
PwC is Launching a Programme for Fintech And Govtech Businesses
Global consultancy PwC is to launch a programme aimed at linking up high-growth startups with large organisations as part of a UK-wide scaleup initiative. The PwC SCALE programme will see six initiatives launching across the country with bases in London, Edinburgh...
Cash Only at the Checkout? Brits Are Not Happy About it
Today (August 16), new research has revealed UK businesses risk losing one in every two customers when non-cash payments aren’t accepted. The findings come from London’s business technology provider First Data, and reveal that almost half of customers would walk away...
How Will Blockchain Change the Digital Advertising as We Know it?
The tech could solve myriad issues pertaining to ad fraud and non-transparency but would be yet another disruption to an industry still scrambling to achieve digital transformation. Even as digital advertising reaches parity with TV in terms of media spend, space...
Lower Life Expectancy Boosts Legal & General Profit
LONDON (Reuters) – A drop in life expectancy has enabled Legal & General (LGEN.L) to release reserves against mortality risk, it said on Wednesday, driving first-half profits up by an above-forecast 27 percent. The insurer and asset manager’s shares fell over...
Buoyant Bitcoin Stirs Crypto-bubble Fears
LONDON (Reuters) – Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin hit an all-time high of above $3,500 this week, dragging up the value...
Extensive Read: Lloyds Bank CEO Weighs in on Brexit And The UK Economy
Lloyds Bank, the largest retail bank in the UK, has been in the headlines for a variety of reasons this year. The bank completed its reprivatization after the UK government sold its remaining shares last May and, at the height of the...
Leak Shows the iPhone 8 Is All Screen and No Home Button
More power to the display. Much of the recent talk surrounding the iPhone 8 has focussed on its hardware. Now, courtesy of a new leak, we can go back to speculating its design. The latest image — via the web’s resident handset leaker Evan Blass — indicates Apple’s...
Standard Life First-half Operating Profit up 6 Percent Ahead of Aberdeen Merger
LONDON (Reuters) – Worries about outflows from Standard Life’s flagship multi-asset strategy hit its shares on Tuesday, ahead of an 11 billion pound ($14.4 billion) merger with Aberdeen Asset Management to form Britain’s largest active manager. The merger will create a...
Leeds Building Society Reports Record Start to 2017
Leeds Building Society has reported record results for the first half of 2017, despite the “political and economic uncertainty.” The UK’s fifth largest Society saw pre-tax profit rise to £63.2m, which is a 9% increase on the £58m achieved during the...