Tag: Finance

#CoronavirusNews – Job Support Scheme Costs hit £30bn #Coronaviris

Coronavirus job support scheme costs hit £30bn


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Sunak working on a new budget to save 2 million jobs…

Emergency coronavirus budget to save 2 million jobs


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Business / Financial Advice from Robert Kiyosaki #RichDadPoorDad


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Cash and central banks: new research shows why fear could trigger the adoption of digital currencies

The Bank for International Settlements (BIS) has published a new report on liquidity and the future of payments. Research by the Swiss bank for …

Cash and central banks: new research shows why fear could trigger the adoption of digital currencies

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

European shares take U-turn on rising virus death toll

European stocks turned choppy again on Wednesday with bourses across the region wiping off most of their early morning gains as a sharp rise in the …

European shares take U-turn on rising virus death toll

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How Multibank Group evolved into one of the largest online financial derivatives -Global Financing & Banking…

UK Business & Sports News

Sophia Barnes, Director of Public Relations at one of the world’s leading forex and CFD brokers talks to Global Banking and Finance Review about their strong performance in 2019 and how their trading platforms differentiate them from others in the industr y. Since its inception, MultiBank has evolved into one of the largest online financial derivatives providers by combing prime liquidity, cutting edge technology and first-class customer ser vice. She also sheds some insight on how the company is ensuring the highest level of funds security and their future plans for development and growth.

  1. What are MultiBank’s key performance indicators and what products do you offer?

Our average daily trading volume is currently estimated at $7.1 billion. We also service 320,000 customers globally from over 90 countries. We achieve this by offering over 1,000 Forex and CFD products this includes FX, Metals, Shares, Indices, Commodities and Crypto CFDs.

  1. How do you ensure the highest level of funds security?

MultiBank started in 2005, so we have 15 years of proven success. This is evidenced by strong financials which are publicly available. We pride ourselves for sitting at the forefront of the forex industry and we are honoured to be recognised as a leader, particularly when it comes to client fund security. We take strict measures to ensure we are in compliance with the 7 global financial regulations that must adhere to including ASIC in Australia, BaFin in Germany, and CNMV in Spain, amongst others.

  1. How have your trading platforms been critical to your success?

Our main platforms are MetaTrader 4 and MetaTrader 5 and what differentiates us from others in the industry is that we offer 3 different account types including ECN pricing and execution. This allows us to offer very tight spreads from 0.1 pips. All of our platforms are connected to our full suite of advanced trading tools, which include indicators, technical and fundamental analysis, market analysis, VPS and MAM features. Our platforms are also available via browser (web trading), PC and mobile so clients can trade on the go 24/7. Another differentiating factor is that we offer customisable solutions for institutional customers. We have a separate institutional division called MultiBank Institutional which provides liquidity, execution, prime technology and white label solutions to our partners. This has been pivotal to our success.

  1. What are your future plans for development and growth?

In the upcoming year in 2020, we plan to focus on global expansion with a key focus on 3 particular regions: MENA (Middle East & North Africa), LATAM (Latin America) and Southeast Asia. This will heighten our position as the go-to financial services broker in each of the region. Concurrently, we will continue our investment into trading technologies and solutions to ensure that we are always providing the most cutting-edge trading experience for our customers.

For more on this or other financial articles please follow the link.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

JPMorgan plots launch of digital consumer bank in Britain

JPMorgan plots launch of digital consumer bank in Britain | JPMorgan Chase, the world’s biggest lender by market capitalisation, is close to making a stunning entry into Britain’s personal banking market.

Sky News has learnt that the New York-listed behemoth will launch a range of savings and loan products using the Chase brand in the UK in the next few months.

The move will represent one of the most significant new entries into the consumer banking sector since the 2008 financial crisis, and could spark a new price war among lenders already struggling to deal with a protracted period of ultra-low interest rates.

— Read on www.google.co.uk/amp/s/news.sky.com/story/amp/jpmorgan-plots-launch-of-digital-consumer-bank-in-britain-11940211

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New polymer £20 featuring painter Turner enters circulation 🇬🇧💷📰

New polymer £20 featuring painter Turner enters circulation You’ll soon no longer find Adam Smith in your wallet or purse. The economist has been replaced as the face of the £20 note by artist JMW Turner.

The Bank of England said the new polymer £20 – which enters circulation on Thursday – is its most secure ever banknote.

It includes two see-through windows and a two colour foil to help beat forgers.

The Bank reckons half of all ATMs across the UK to be dispensing the new notes in just two weeks’ time.

The new £20 is the third plastic banknote to be issued in the UK after the fiver featuring Winston Churchill – launched in 2016 – and the tenner featuring Jane Austen, which was first issued in 2017.

— Read on www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/business-51559349

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UK’s cash system ‘will collapse without new laws’ – 🇬🇧💷📰

UK News

UK News

UK’s cash system ‘will collapse without new laws’ –

Campaigners have called for Chancellor Rishi Sunak to save banknotes and coins, saying without urgent new laws the cash system could collapse within a decade.

They want Mr Sunak to take action in his first Budget on 11 March.

“We must ensure the shift to digital doesn’t leave millions behind or put our economy at risk,” said Natalie Ceeney, of the Access to Cash Review.

The Treasury said it wanted “to ensure everyone who needs cash can access it.”

Cash is important to millions of people, who still use it for paying for vital goods and services, such as utility and council bills.

— Read on www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/business-51550061

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Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

See out Relevant Life Plans for Business Owners & Company Directors in South Wales & the West…

A relevant life plan is the most tax efficient way Employers can buy life cover for themselves and their employees.  Once this product has been explained correctly, according to recent stats from L&G, 73% of business owners were receptive to learning more about the product and how it can work for their business.            […]


Story of the Day: 10/10/2015

Plans for a city deal between Cardiff and the UK government have been in progress since March. Since then there have been numerous talks and discussion about what the deal could be used, who would manage projects, and where the money would come from to support a successful bid.


Thinking of getting married in Wales?

Getting Married? Getting married is a wonderful event that will change your life forever. You are taking on responsibility for another person and declaring that you will take care of them for the rest of your life. Quite often people assume that because they are married it gives them automatic rights in relation to their […]


7 days to go until CCR-i 2014 – Credit Industry Event in London!

CCR-interactive – Legal Issues & Enforcement Stream… Seven Days To Go!

The outstanding one-day event for the consumer and commercial credit industry is just seven days away. The conference look set to sell out, so do not miss out! To book your delegate place, please contact Alison Lucas on 01702 341948 or alison@ccrmagazine.co.uk. For sponsorship opportunities and to get involved please contact Gary Lucas on 07785 268404 or gary@ccrmagazine.co.uk.

This year’s speakers at CCR-interactive, in association with Hoist Finance, in the Legal Issues & Enforcement Stream include:

► Chair – Martin Leyshon, group director, High Court Enforcement Group
► Mark Watson-Gandy, member of the Bar Council’s panel of Young Spokesmen for the Bar
Putting your case forward in court.
► Katherine Bailey, credit manager, QMH UK
Preparing to go to court – what a creditor needs to know.
► Alessia Frisina, chief legal and compliance counsel, De Lage Landen Leasing
Getting your terms and conditions right at the start to facilitate court action if required.
► Paul Downer, civil family and tribunals service, HM Courts and Tribunals Service
The latest initiatives to improve the enforcement of debt through the courts.
► Sandra Frisby, associate professor, the University of Nottingham
Pre-packs and the insolvency regime – an update.
► Emma Foy, head of financial services, Maldon District Council
► Anne Marie Goddard, team leader, enforcement reform, Ministry of Justice
Emerging reforms in civil enforcement.
► Brian Lewis, credit manager, Hanson UK
Where enforcement sits in your overall collections strategy.

Keynote Speakers

► Susan de Mont, director of credit authorisations, Financial Conduct Authority
Susan is responsible for the delivery of the FCA’s authorisations regime for an estimated 49,000 consumer credit firms transferred from the Office of Fair Trading, in-flight cases, and new applicants.
Delegates can therefore take this opportunity to hear from the key director who is actively doing the job, who has knowledge from the ‘coal face’ of what will be required of the industry.

► Trevor Williams, chief economist, Lloyds Bank
Trevor has both a BA (Hons) and a Masters degree in Economics. He is a Visiting Professor, Banking and Finance, at Derby University.
He heads the research team that supports the bank’s trading and sales activities. He regularly writes articles for publications and appears in the financial press and on television. He is a member of the Institute for Economic Affairs Shadow Monetary Policy Committee.

Download the CCR-interactive Delegate Pack here.

This year’s event will allow you to:

► Choose the right enforcement agency for you.
► Understand the recent updates to enforcement regulations.
► Discuss the latest thinking on insolvency reforms.
► Successfully go to court in pursuit of a debt.
► Learn how to take your team’s performance to the next level.

Posted “By Mike Armstrong”