Men damage their cars more than women while parking.

Creative Media NewsTuesday, 22 August 2023, 18:000

Numerous male motorists have long asserted that women are the more inept gender behind the wheel, especially when parking. However, statistics indicate that women are significantly superior at maneuvering vehicles into tight spaces. According to a new study, men are significantly more likely than women to be involved in a parking incident. But they are...

A £25M labour of love, Rolls-Royce La Rose Noire Droptail is the most expensive new car.

Creative Media NewsTuesday, 22 August 2023, 0:000

Rolls-Royce has unveiled the world’s most expensive and exclusive new automobile, whose £25 million price tag reflects a five-year labor of love on the part of both the company and the vehicle’s romantic mystery female customer. The unique two-door, two-seater convertible Droptail dubbed ‘La Rose Noire’ was commissioned privately by a super-rich wife and husband...

New data shows hefty vehicle insurance hikes for motorists.

Creative Media NewsSunday, 20 August 2023, 22:000

According to new research from the price comparison website Compare the Market, vehicle insurance premiums are on the rise significantly. The average annual premium has risen to £743, an increase of £208, or 39%, from the previous year. The research also indicates that drivers under the age of 24 encounter the steepest increases. Their average...

Wilko reduces prices as rescue offers are considered.

Creative Media NewsSunday, 20 August 2023, 0:000

Wilko has reduced prices at hundreds of stores as unions insist there are “genuine grounds for hope” for a rescue agreement. The bankrupt High Street retailer launched a sale with discounts of up to 50 percent at its 400 stores across the nation after it entered administration last week, placing 12,000 jobs at risk. Administrators...

Vintage Ford from 1980s popular film being auctioned.

Creative Media NewsSaturday, 19 August 2023, 14:000

A 1939 Ford 91A V8 from a pioneering 1980s film will be auctioned off this week. Can you identify it? The vintage Ford, which drove off the assembly line in the United States in late 1939, reportedly made its way to the United Kingdom in the 1960s and has remained there ever since. In the...

Bingo rebound thrills Mecca owner Rank as cost pressures relax.

Creative Media NewsFriday, 18 August 2023, 12:000

Rank Group is emerging with ‘optimism’ after a ‘challenging couple of years, as the proprietor of Mecca Bingo experienced an increase in demand and a decline in cost inflation in the first half. The gambling company, which also operates the Grosvenor casino, saw revenues increase by 6 percent year-over-year to £681 million by 30 June....

PayPal halts UK crypto sales until 2024 amid legislation changes

Creative Media NewsThursday, 17 August 2023, 22:000

Crypto Sales Halt: PayPal to suspend crypto sales for UK customers in October due to stricter regulations by the Financial Conduct Authority (FCA). FCA’s Stricter Rules: FCA’s new regulations demand risk warnings and cessation of “refer a friend” incentives in crypto ads, effective from October 8. Customer Retention: PayPal’s email states that clients can keep...

Just Group profits boosted by derisking defined benefit pensions

Creative Media NewsThursday, 17 August 2023, 14:000

After reporting a 154 percent increase in first-half earnings, Just Group anticipates exceeding its annual earnings targets. The retirement specialist informed investors that it was “extremely confident” of exceeding underlying operational profit growth of over 15% this year after revenues reached £173 million for the first half of 2023. Profits increased from £68 million a...

M&S shares rise as profits rise and consumers stay strong.

Creative Media NewsThursday, 17 August 2023, 10:000

Marks & Spencer shares surged on Tuesday following the retailer’s announcement that a better-than-anticipated first half will likely result in profit growth this year. In a trading update, M&S informed investors that like-for-like food sales growth of 11% and clothing and home sales growth of 6% in the first 19 weeks of 2023 are anticipated...

Over two thirds of councils do not intend residential on-street electric car charging.

Creative Media NewsThursday, 17 August 2023, 4:000

The overwhelming majority of local councils in the United Kingdom have no plans to assist drivers in charging their electric vehicles on residential streets without off-street parking. Car manufacturer Vauxhall contacted all 414 local authorities, of which 289 responded, and discovered that 72% have no published strategy for enhancing residential charging on streets without driveways....

Divorces increasingly use ‘risky and inadequate’ pension attachment orders.

Creative Media NewsThursday, 17 August 2023, 0:000

Increasing numbers of divorcing couples are entering into hazardous pension attachment or ‘earmarking’ agreements, while ‘clean break’ pot splits remain relatively stable, according to the data. According to solicitors, pension attachment orders are typically the worst option because the pension recipient may cease contributing to their fund, and the agreement expires upon their death. According...

Female FTSE 100 managers close pay gap with males

Creative Media NewsTuesday, 15 August 2023, 4:000

Last year, female FTSE 100 executives came close to breaking the glass ceiling as the pay disparity between them and their male counterparts narrowed. The eight women who led blue-chip companies last year, including Dame Emma Walmsley of GlaxoSmithKline and Amanda Blanc of Aviva, earned an average of £4 million. In comparison, males earn £4.3...

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