According to the UK’s largest ATM network, “LINK is committed to protecting free access to cash for as long as consumers want it”. The question is, how long will the desire for good old fashioned bank notes last? As this infographic shows, the use of L…
In what could have been a relatively quiet post-inauguration week, a breathtaking story of David vs. Goliath played out on the world stage, turning financial markets upside down and wreaking havoc on Wall Street. But let’s start from the beginning. Ear…
The United States is made up of a patchwork of minimum wage laws with 29 states and D.C. having a rate higher than the federal minimum of $7.25 per hour. Democrats are currently pushing to see the federal rate more than doubled to $15 per hour but effo…
The most recent quantification of the drastic toll the coronavirus pandemic has taken on the travel industry was revealed today in the latest TUI Group quarterly financial statements. The largest holiday company in the world recorded an 88 percent drop…
Efforts by Democrats in Congress to more than double the $7.25 U.S. federal minimum wage have stalled. In an interview on Friday, President Biden said that he does not expect the Raise the Wage Act of 2021 to make it into Covid-19 relief legislation du…
While few industries have been spared by the impact of the COVID-19 pandemic, even fewer have been hit as hard as the tourism sector. As 2020 drew to a close with severe limitations to travel still in place, the World Tourism Organization (UNWTO) repor…
While Americans are getting ready for what they consider the biggest sporting event of the year, the 55th Super Bowl, the rest of the world couldn’t care less. Well that may be a bit harsh, but from an American perspective it’s easy to overestimate the…
The top 10 of the world’s most highly-valued startups lost an entry today when Beijing-based video sharing platform Kuaishou went public on the Hong Kong stock exchange. Previously to the IPO which raised upwards of $5 billion, the company occupied the…
The latest new car registration figures from SMMT reveal the worst start to a year for the industry since 1970. In the first January of the 70’s, motorists in the UK bought a mere 84,807 cars. In 2021 the figure was 90,249 – a 40 percent fall compared …
In a year that saw e-commerce boom in face of the COVID-19 pandemic, both eBay and PayPal reported strong results, with the latter approaching a major milestone in its quest to becoming the dominant online payment platform. With payment volume climbing…
