Sunday, December 16The Voice of London

Business

High street stores swing into the red on PPI claims

High street stores swing into the red on PPI claims

Business, Finance, Lifestyle, Shopping
Companies like Debenhams, Barclays, and Dorothy Perkins have paid more than £30 billion since January of 2011 to customers complaining about policies. In fact, Lloyds Banking Group has put another £460 million aside in cost of mis-selling claims. Deadline to make PPI complaint is August 29, 2019. How did PPI become contentious? Payment Protection Insurance was designed to help people cover repayments during unforeseen circumstances, for example having an accident or being unwell. It was added to things like credit cards, loans, store cards and other kinds of credit. It turned out to be controversial as it was highly mis-sold. For instance, people did not realise it was an optional policy, and some of them didn’t even know they had one. For others, it was straight up not
Every day is Espresso Day in the UK

Every day is Espresso Day in the UK

Business, Featured, Food, Lifestyle
We're drinking 95 million cups of coffee a day — and there's definitely a catch. It keeps us from tearing out our hair on our morning commutes and can help us live longer. While most of the UK spends today hitting the high streets, a large part of the population will unknowingly be celebrating another unofficial holiday -- National Espresso Day. But given the UK’s apparent love for coffee, every day may as well be declared as National Espresso Day. According to The British Coffee Association, 95 million cups of coffee are consumed by the country each day. Whether it be a flat white, macchiato, or instant grounds, the coffee bean is responsible for the espresso in our drinks and the caffeine in our veins. The demand for coffee is so high that a 2018 report by the Allegra W
Is the Financial Times’ bot a solution to gender inequality in news?

Is the Financial Times’ bot a solution to gender inequality in news?

Business, Featured, Investigations, Specials
The Financial Times has announced the introduction of a bot to automatically detect if there are too many men quoted in articles as an attempt to prevent sexism and promote gender equality. It’s not a surprise that the Financial Times has a more masculine audience due to its coverage of industries that are male-dominated. The organisation found that only 21 per cent of people quoted in their publications were women.   This comes after an interview for Nieman Lab earlier this year when Rénee Kaplan, FT’s first head of audience engagement, said that 80 per cent of the publication’s subscribers at that point were men. “We asked [women in a focus group]: if you could picture the FT as a person, how would you picture that person? They all said they pictured a man,” said Rén
Is this UK unicorn the bank of the future?

Is this UK unicorn the bank of the future?

Business, News, Tech (news), UK
You see the flash of a fluorescent coral card as someone goes to pay for their coffee. Followed by an instant buzz of a phone as they reach into their pocket to a new notification. This is Monzo. The “bank that lives on your smartphone and is built for the way we live.” Founded in 2015, by Tom Bloomfield, Monzo quickly won a cult following and in April 2017, it became a fully-fledged bank. It is recruiting around 20,000 customers a week, as reported by This Is Money. The fast-growing startup has raised £85m from US venture capital investors, and this year hit a landmark valuation of over £1bn – making it part of the UK Fintech unicorn club. https://twitter.com/amandigiruu/status/1018207148948541445 Monzo branded itself as exclusively available with the use of ‘queues’ and ‘golden
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