Business News

Risk assessment

A Guide to Foreign Exchange Risk Management

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With the economic climate remaining uncertain, the need for a foreign exchange risk management strategy has never been greater. Many small to medium-sized enterprises (SME) believe that foreign exchange risk is only for large corporations. However, studies conducted by accountancy body ACCA found that...
Credit suisse

Credit Suisse take CHF 600 million hit from Archegos collapse

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Still reeling from the Greensill scandal, Credit Suisse is now facing significant losses for Q2 following the Archegos collapse, prompting an investigation from Swiss regulators. The Swiss Financial Market Supervisory Authority (FINMA) has begun enforcement proceedings against investment banking company Credit Suisse following...
European super league

European Super League: JP Morgan to Provide GBP 4.6 billion Funding

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The controversial European Super League will be financial backed by JP Morgan, reportedly injecting billions into the proposed competition which has angered both fans and authorities. Whilst a spokesperson for JP Morgan has confirmed that a deal for the ESL is currently being negotiated, they failed to provide...
UK Financial Services Optimism

Financial services optimism rebounds and job vacancies rise

Financial institutions' sentiment surged to 52% in March - its fastest month-on-month rise since December 2013. Growth in job vacancies also reflects changing attitudes towards Brexit concerns as uncertainty over businesses post-Brexit futures begins to fade. With more financial services companies in the UK becoming increasingly optimistic...
Cryptocurrency platform Coinbase launches

Crypto exchange platform Coinbase makes its market debut

The cryptocurrency firm, Coinbase, made its stock market debut, triggering a listing frenzy that drove up the likes of Bitcoin and XRP.
tax rises budget 2021

Rishi Sunak extends financial support for struggling businesses

As the UK economy reopens this week, the announcement of Rishi Sunak’s extended financial support will help many businesses to get back on their feet.
Coronavirus costs for hospitality businesses

Business groups urge for extended support after GDP release

UK hospitality, hair and beauty businesses facing significant annual losses. UK business groups urge ministers to extend coronavirus support. While many hospitality firms are optimistic about their post-lockdown prospects, the consequences of ongoing coronavirus restrictions, which forced businesses...
Virgin aircraft

IMF Raises forecast for global economic outlook

Following a financially devastating year for major economies, the IMF has raised their outlook for 2021 as vaccines and stimulus measures help buoy major economies.
image of warehouse of retail company abroad

How Do Global Retailers Manage Business Uncertainty Amid Coronavirus?

Halo Financial discusses the best way for businesses to navigate during times of uncertainty as non-essential businesses prepare to reopen in April.
UK Business Confidence

CFO survey: UK business leader confidence hits all-time high

Confidence amongst Britain’s chief financial officers soars to an all-time high as UK lockdown restrictions ease and more people get vaccinated.
IR35 tax changes

What new IR35 tax changes are being enforced

New IR35 tax reforms come into force on April 6th after being delayed by the COVID-19 pandemic. What does this mean for construction and contractors?
E-commerce growth soars as firms adapt to online demand

E-commerce growth soars as firms adapt to online demand

Amid the coronavirus pandemic, there has been significant growth in the number of UK e-commerce businesses as more consumers turn to online shopping.
coronavirus global trade

How is Coronavirus Affecting International Trade

As the world continues to recover from the coronavirus crisis, we take a look at how the virus has impacted trade so far.
Create a business model

Profitable business ideas for start-ups in 2021 – A Guide

Do you own a small business? Or are you considering starting a business in 2021? Read our complete guide on profitable business ideas for 2021.
Paying International Employees

Guide to Paying International Employees

With the rise of remote working, businesses are continually expanding on a global scale. Discover the challenges and options available to businesses paying international employees...
foreign exchange bank transfer

Foreign Exchange: Hidden Bank Costs Impacting UK Businesses

Discover how thousands of UK businesses are financially impacted as a result of hidden bank costs when sending international payments. A survey on small businesses discovered that 80% of companies were unaware of the real cost of making international payments via a high street bank...
Food & Drink Changes Post Brexit Jan 2021

The Future for UK Food and Drink Industry Post-Brexit

UK food and drink businesses looking to place their goods on the EU market will need to comply with some newly announced changes post Brexit. Most notably, from 1st January 2021, Food Businesses Operators (FBO) will need to ...
calculate exchange rates

Business options for international currency transfers

International trading businesses need to transfer money overseas in a way that doesn’t eat into their profit margins and making global currency transfers comes with a set of risks. If your business requires you to make regular currency transfers, the cumulative costs...