London-listed trading platform Plus500 granted UAE licence, lifting shares.

Creative Media NewsMonday, 6 February 2023, 8:000

Plus500 has been awarded a license to operate in the United Arab Emirates, a market with the potential for rapid expansion. The financial technology company, which provides individual investors with services such as futures trading and contracts for difference, informed investors that the Dubai Financial Services Authority license will allow it to immediately begin operations...

January car sales rise for a sixth month as supply chain issues improve: MG leads EV sales.

Creative Media NewsSunday, 5 February 2023, 22:000

The new car market in the United Kingdom expanded for the sixth consecutive month in January as supply chain concerns afflicting the industry continue to improve, according to industry data released on Monday morning. Last month, 131,994 new automobiles were registered, up 14.7% from January 2022, according to SMMT. Electrified vehicles, particularly hybrids, propelled the...

Bonhill asset sale accelerates; Plus500 gets UAE licence; Sosandar director dies.

Creative Media NewsSunday, 5 February 2023, 18:000

The FTSE 100 index is down 0.7% in afternoon trading. Today, reporting and trading updates are forthcoming from Bonhill, Plus500, Sosandar, Playtech, and DP World. Read the Business Live blog entry for February 6 below. In a recent interview, Rishi Sunak braces for a new attack from Liz Truss. Today, Rishi Sunak faces a new...

The state pension triple lock may never return since the NI fund may run out in a decade.

Creative Media NewsSunday, 22 January 2023, 2:000

It is common knowledge that the state pension operates as a massive Ponzi scheme. Contributions made by workers to National Insurance are not ring-fenced for their state pension. There is no retirement fund for me with the designation “Rachel’s retirement fund.” Instead, the contributions of current workers are utilized to fund the pensions of retirees....

Better pensions in your 20s, 40s, and 60s: It’s never too late to plan your dream retirement.

Creative Media NewsSaturday, 21 January 2023, 21:000

Millions of diligent savers are losing hope for a decent retirement as the cost of maintaining even a moderate lifestyle jumped over 20% in the past year, according to new data. The rising cost of living, which rose by 10.5% last month, hurts everyone’s finances, but especially those in retirement. A minimal quality of living...

Gold nears $2k and GBP rises: In 2023, will a “mystery buyer” drive the price?

Creative Media NewsFriday, 20 January 2023, 11:000

The gold price in sterling set a record high of £1,570.41 per ounce at the end of the trading day earlier this week. And the upward trend is expected to continue for the foreseeable future. The dollar price, which is currently about $1,911, is still quite a distance from its all-time high of $2,075, although...

Lobby group: Tax private jet travel and utilise the money for public transport.

Creative Media NewsSunday, 1 January 2023, 0:000

A pressure group has advocated for the imposition of a “super” tax on privately-owned jets in the United Kingdom to fund upgrades to public transportation. According to the Campaign for Better Transport (CBT), chartered aircraft are five to fourteen times more polluting than commercial aircraft and fifty times more harmful than railroads. It proposes to...

Northern Irish shipbuilder Harland & Wolff reduces revenue outlook amid supply chain difficulties.

Creative Media NewsSaturday, 31 December 2022, 22:000

Friday, Harland & Wolff stock fell by more than 20 percent after the Belfast-based shipbuilder cut its 2017 sales forecast. The AIM-traded company informed investors that it had been unable to complete “certain important workstreams” on a Ministry of Defense contract in recent months due to a shortage of specific manufacturing components. As a result,...

Three City specialists share tips for the cautious – and the courageous.

Creative Media NewsSaturday, 31 December 2022, 20:000

After a terrible year, investors will hope that 2023 will be more stable. Here are the recommendations of our three City experts for the next 12 months. Each has advised one share for risk-taking investors and one for those who are more conservative. Anyone who has invested in the stock market within the previous year...

Beckhams make £8m, yet Victoria’s fashion line loses money.

Creative Media NewsSaturday, 31 December 2022, 18:000

David and Victoria Beckham received an £8 million dividend from their business empire, despite Posh’s fashion line continuing to lose money. The power couple, whom this year celebrated the wedding of their eldest son Brooklyn to American heiress Nicola Peltz, entered 2022 feeling flush as a result of increased revenues across all of their companies...

Five steps to paying off credit cards, mortgage, and energy expenses by 2023

Creative Media NewsSaturday, 31 December 2022, 16:000

This year has seen the cost of the living problem grow out of control, resulting in rising household debt as a result of increased expenditures. Mortgages, rent, food, and energy costs are all increasing in price for the British population. The average household presently spends £3,549 annually on energy; however, these bills are capped at...

Steve Webb’s six Christmas crackers: state pension blunder, pensions vs. Isas, and top-up regulations

Creative Media NewsWednesday, 28 December 2022, 4:000

This year, former Pensions Minister Steve Webb celebrated his 300th column as the beloved retirement agony uncle for This is Money. Each week, he receives a large volume of mail on a range of topics, while the state pension remains the most common subject. Steve’s insider expertise from his tenure at the Department of Work...

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