Category: Financial

The new £5bn digital warfare centre which is capable of launching “offensive” cyber attacks against hostile powers such as Russia, announced this week by Defence Secretary Ben Wallace, is being hailed by industry leaders as a positive step in terms of cyber awareness, boosting the UK’s security economy, and creating thousands of jobs.

The new National Cyber Force headquarters will be built in the North West – in Samlesbury, Lancashire – the heart of the so-called “red wall” of traditional Labour seats which the Tories took in the 2019 general election. The initiative was backed by UK Prime Minister Boris Johnson during his annual conference speech in Manchester this week.

The Defence Secretary said that cyber had become “a new domain in battle” and that it was essential Britain was able to operate there against potential adversaries.

Mr Wallace said the creation of the new centre – which will be … Read more

3 Actionable Ways to Elevate your In-store Promotions

Promotions for in-store demos are never easy. Given the increasing popularity of e-commerce sites and online stores, many customers would now rather shop online than go to the actual store.

With that said, in-store experience now has a whole lot of meaning. It is not just a place where you can buy products from your favorite brand. Nowadays, it has also become a ground for promotion, customer service, and even a supply outlet.

So, to help you better come up with an effective marketing strategy, we have listed a few actionable ways on how you can level up your in-store promotions.

Feed the Eyes of your Customers

One of the most effective ways to gain foot traffic to your store is to make it look more pleasing, attractive, engaging, fun, and exciting. Though this strategy may sound ancient, traditional and print advertising … Read more

NatWest faces a fine of up to £340m after admitting three counts of failing to properly monitor £365m deposited into the account of a Bradford jeweller.

It is the first time a financial institution has faced criminal prosecution under anti-money laundering laws in the UK.

The Financial Conduct Authority (FCA) said NatWest, which is 55% taxpayer owned after a more than £45bn state bailout during the financial crisis, failed to adhere to the requirements of anti-money laundering legislation in relation to Fowler Oldfield’s account between 7 November 2013 and 23 June 2016.

Fowler Oldfield was a century-old jeweller that was shut down after a police raid in 2016. The firm was described as being the centre of a multimillion-pound money laundering business, according to crown court proceedings that followed.

The FCA prosecutor Clare Montgomery QC told Westminster court that when Fowler Oldfield was taken on as a client by NatWest … Read more

The head of the retail chain Next has hit back at Boris Johnson’s claim that he wants uncontrolled immigration and said that he was struggling to find British staff to work in warehouses despite putting up wages.

Johnson raised the hackles of Lord Wolfson, chief executive of Next, and other business leaders yesterday by saying that it was not his job to “fix every problem in business”. The prime minister dismissed claims of labour shortages and supply chain problems that are fuelling inflation.

Speaking to Radio 4’s Today programme, Wolfson, a Brexit supporter, said that he was not advocating a return to uncontrolled immigration from the EU.

“Absolutely not. What I have suggested is that we have a market-led solution, whereby businesses can get visas for the skills that they desperately need but with two conditions,” he said.

“The first is they have to pay those people coming from overseas … Read more

What is software testing?

Software testing, in simple words, can be defined as the way to check whether the final software product matches the anticipated requirements of the software. It is also used to check if the actual software product contains any bug or defect. Software testing involves the execution of system components using either manual or automated tools to assess one or more properties of interest. Software testing identifies the errors, gaps, or lacking requirements compared to the actual requirements of your project. 

Why do I need a software testing tool?

Software testing tool is essential to detect any errors or bugs in your software so that they can be resolved early on before the delivery of your software product to avoid any grievance from the client. Testing software properly ensures dependability, security, and high productivity that further leads to customer satisfaction, time-saving, and cost-effectiveness.

Software testing tools help … Read more