Wealth & Finance Magazine Announces the Winners of the 2020 Artificial Intelligence Awards

British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has announced a new £15m Tier 2 capital facility to specialist bank, PCF Bank.

In today’s commercial world, there’s a shift happening. This has seen the role of finance teams change from dealing only with accounts and spreadsheets to being involved in business strategy and decision-making too.

Mid-year report uncovers key investment trends in European fund and ETF market; Broadridge partners with MackayWilliams for data analysis and research.

E-commerce in 2020 has seen an impressive surge as worldwide retail online sales saw a 27.6% growth rate with sales reaching over $4 trillion. This upward trajectory is expected to continue—by 2023 global e-commerce is predicted to be worth a sound $6.5 trillion, up by 22% from 2022 estimates. The Baltics are no exception in this—Lithuania’s e-commerce revenue is projected to reach $889 million in 2021, while Latvia and Estonia are expected to reach $345 million and $405 million respectively.

The effect of the Scottish vote against leaving the United Kingdom was made clear in early trading in Asia, as the pound sterling surged to highs against the euro and US dollar.

For employers, the challenge lies in balancing the flexibility of remote roles with the need for robust data protection.

With growing levels of unpredictability around how the pandemic will unfold, there is a societal expectation that access to comprehensive digital services will continue and improve. This expectation is particularly prominent in the banking industry, which rolled out an expanded range of digital services during the early stages of the pandemic to enable customers to manage their finances safely from home.

Beacon Rail Leasing (“Beacon”), a leading Pan-European rolling stock lessor, is pleased to announce that it has closed on the acquisition of Ascendos Rail Leasing S.à r.l. (“Ascendos”), a European locomotive and rolling stock leasing company, after having received clearance with the German competition authorities.

Almost one third (30%) of UK business owners plan to sell their businesses to help fund their retirement, according to new research.

According to a study released by the Money Charity, the average total debt per UK household stood at £62,286 in June this year.