Category: Financial

The number of businesses going bust in England and Wales jumped last month to its highest level since the start of the pandemic, as experts predicted that the end of government support for indebted firms would lead to a surge in insolvencies next year.

Some of the energy industry’s newest suppliers were among the 1,446 companies to go under in September – a 7.2% increase on the previous month.

Utility Point, People’s Energy, PfP Energy and MoneyPlus Energy ceased trading during the month, and a string of energy companies have subsequently gone bust amid record energy market prices.

The chilled food delivery business EVCL Chill, based in Alfreton, Derbyshire, collapsed into administration, in part as a result of the HGV driver shortage.

The Insolvency Service said the increase in September meant the number of insolvencies was up 56% compared with September 2020’s figure of 928.

Most government measures that protected … Read more

For years, women leaders in healthcare have aimed to provide high-quality care and exceptional patient experiences in every reciprocal action. However, to achieve this aim in the ever-changing industry landscape consistently challenges their ability to do so. It is where women leaders are critical to address these transformative challenges and drive the healthcare industry forward straightforwardly.

Women leaders are practical and constantly focused on implementing groundbreaking strategies to culture a grounded approach with well-trained clinicians to align the goals and work process. They understand the critical aspect of this approach, which solidifies the organization to impact the patient effectively. The recent surge of the COVID-19 pandemic disrupted the healthcare industry on a never-before-seen level. However, women leaders were able to develop, achieve, and sustain the outcomes in an effort to prevent and cure the spread of the virus simultaneously.

Women leaders always have had a different perspective in the innovation … Read more

Peacock TV is NBCUniversal’s streaming service, swiftly amassing a solid library of movies and TV shows to rival some of the more successful entertainment services, and it’s only getting bigger. Recently Peacock TV announced a full slate of films and TV shows added to its lineup for October throughout.

More new and vintage films and shows will be available on Peacock TV, so keep reading to find about the highlights, as well as everything else that will be available to binge-watch on Peacock TV throughout the month.

Several films from popular series such as Friday the 13th, Saw, Nightmare on Elm Street, Child’s Play, Predator, and Leprechaun have been available on Peacock TV since the start of October, making it a must-have for Halloween this year.

Peacock TV is also premiering the enormous horror blockbuster of 2021 on the same day it hits theatres, in addition to iconic horror flicks. … Read more

Rishi Sunak has said that presents will be available to buy at Christmas despite the supply chain crisis but appeared to rule out helping businesses with rising fuel costs.

The chancellor blamed the delays on global factors and said that “it’s not the government’s job” to intervene by managing the price of individual products. He said he was confident that shelves would be stocked during the festive period.

Speaking after a G7 meeting in Washington, where finance ministers agreed to work together to resolve the crisis, Sunak said that the government was doing everything possible to shorten the delays. Asked if he would accept some companies going out of business, Sunak said he believed in a market economy and admitted that the government “couldn’t fix every problem”.

His comments came after Felixstowe, Britain’s largest commercial port, said yesterday that the supply chain crisis had caused heavy congestion. A typical shipping … Read more

According to a new global study of the difference in earnings between couples, the findings show the majority of the wives earn less than their husband.

The study examined publicly available data from 45 countries across a four-decade period – from 1973 to 2016 – for the first global survey of intra-household gender inequality in wages.

The researchers, Professor Hema Swaminathan and Professor Deepak Malghan, of the Centre for Public Policy, Indian Institute of Management in Bangalore, used data from 2.85 million households made up of heterosexual couples between the ages of 18 and 65 years. The data was collated by a non-profit, the Luxembourg Income Study (LIS).

“Conventional poverty estimates look at the household as a unit,” Prof Swaminathan says.

“The general assumption is that within a household, incomes are pooled and equally distributed. But the household is often a place of great inequality, and we wanted to unpack … Read more