Bank of England announces 0.5 percentage point rise in interest rates

The Bank of England has raised interest rates for the seventh consecutive time to 2.25 per cent, the highest since 2008, in an attempt to contain near double-digit inflation.

The central bank’s nine-strong monetary policy committee (MPC) voted by five-three in favour of a 0.5 percentage point rise for the second consecutive meeting. The MPC defied market expectations of a bumper 0.75 percentage point tightening.

The move comes before tomorrow’s tax-cutting mini-budget where Kwasi Kwarteng, the chancellor, will announce a series of measures to reduce levies and cut regulation to stimulate growth. The shift in fiscal policy, which includes an emergency price cap on energy bills for households and businesses, is expected to support growth and keep inflationary pressures elevated into next year.

The UK’s consumer price inflation fell back to 9.9 per cent in August from 10.1 per cent on the back of falling oil prices, but rate setters … Read more

All businesses need to build a safety culture

Workplace safety is a critical consideration for employees these days. In the 2022 State of Employee Safety Report, 79% of workers said they value occupational safety as never before. This means employers should focus on building a safer workplace, which can help them attract committed employees. According to the National Safety Council, the cost of workplace fatalities and injuries in 2020 was enormous; more precisely, $163.9 billion. But poor safety doesn’t only cost organizations money. It also affects their brand’s image and turnover.

Safety issues are often a sign of misalignment at the organizational level. By building a solid safety culture from the ground up, you ensure there are effective safety policies and emergency plans within your company.

What is safety culture all about?

Workplace culture has become a trendy term recently. However, it’s more than a simple buzzword – it refers to how you do things within your company. … Read more

5 Reasons Why Businesses Need To Reevaluate Their SEO Strategies in 2022

The SEO landscape is constantly changing. What worked last year may not work this year, and what works this year may not work next year. Businesses need to stay on top of the latest trends and changes to ensure their website is optimized for the right keywords and seen by the right people.

As we approach 2023, leading SEO agencies like Figment Agency on this link believe that it is essential for businesses to reevaluate their SEO strategies. So, how to improve your SEO strategy as search engine complexity progresses? Below are the top 5 SEO trends to watch out for in 2022 to increase traffic and improve rankings.

Optimizing Key Web Metrics Will Turn Visitors Into Customers

The most significant search change in recent years was undoubtedly the page experience improvement from last year. The page experience is now officially a Google ranking criterion and may be measured by … Read more

Here’s How to Remove Ransomware

Our devices contain tons of essential data. Data can be securely stored on your device, whether it’s your favorite photos, sensitive business documents, or even your banking details. We often believe that our devices are safe — as long as there’s a digital copy stored on my computer, I’ll have access to it forever!

Unfortunately, that simply is not the case. Even though we might believe that the files and accounts on our devices are kept secure and out of harm’s way, there is still the risk of them being lost, deleted, stolen, or even encrypted. One of the biggest threats that you might face, especially when it comes to sensitive documents that you would need for work projects or personal documents, is ransomware.

It might be spoken about less than viruses, but ransomware is the deadliest malware out there, and you need to be aware of how it … Read more