Facebook has found a way to generate revenue from mobile phone users following the company’s huge profits for the last financial period. Facebook reported an increase in its revenues, earning over $2.02bn in the third quarter with mobile ads accounting for nearly 50% of the total revenues. The company’s shares registered a 15% increase within […]
Category: Business figures
RBS drop hints that the 82% owned by taxpayers could be sold off
The Royal Bank of Scotland (RBS) has given some very clear signals that the government is thinking about selling off the 82% that the taxpayers hold in the bank after bailing it out. There are reports that the sale may take place as early as 2014. The news comes as the bank finally reported a […]
Is there a plan B for the British economy?
What with the recent loss of the it’s Triple A credit rating, and the double dip recession teetering on the brink of a triple dip, things are still looking pretty bleak for the British economy. Many are saying that there has never been a budget looming that has been so apprehensively looked forward to, and […]
Santander the latest bank put under the microscope by the FSA
Santander is facing a large fine after the Financial Services Authority places banks under secret monitoring. The City watchdog organisation discovered that one out of every four building society and bank advisers offered poor advice when mystery shoppers visited their branches. The Financial Services Authority turned Santander over to enforcement for a heavy fine. This […]
Carphone Warehouse see a rise in revenue of 16%
Many economic analysts were surprised to see a whopping 16% rise in UK revenues by the Carphone Warehouse. Carphone Warehouse is one of the biggest mobile phone retailers in the country. It has an existing partnership with Best Buy and owns 50% of CPW Europe. Although earlier predictions were not very promising for mobile company, […]
Apple shares fall by 10%
The shares in Apple have dropped by 10 percent after the sales figures failed to impress the investors. The quarterly revenue of a record amount of $55bn was not enough to lift spirits over the disappointing sales record of the recently launched iPhone 5. Analysts say that the company is at a risk of falling […]
Dixons and Argos reap the rewards of Comet's closure
Dixons Retail reportedly sold 5 tablets every 5 seconds during the holiday season, mainly due to its chief rival, Comet, going bust. The retailer filled the orders and fulfilled the hunger of the consumers for gadgets old and new. The last chain of electrical stores in UK, Dixons, said that they had sold over 1 […]
PM announces £30m boost to start up lending scheme
Over £110 million now available to create over 40 thousand new businesses Age range increased from 24 to 30 to meet demand, and help more new businesses get affordable finance New figures show 3,000 applied for the scheme and 100 applicants per week awarded funds to launch new businesses The Prime Minister has announced that […]
Conference hears options for getting unemployed over 50's back into work
The Senior Enterprise and Mentoring Conference has heard that a combination of more practical policies from the government, improved banking practices and an increased number of mentoring schemes is needed to help those over 50 transform their entrepreneurial dreams into reality and create new jobs and businesses. The conference, which was held on the 14th […]
Women still earning less than men for doing the same jobs
The Chartered Management Institute has recently conducted a survey that involved nearly 40,000 managers. This survey was looking at the differences between salaries between men and women, and it found that despite all the legislation offering equal opportunities, women generally earn around £420,000 less than men over an executive career. This equated to around £10,000 […]