HSBC Trader Arrested Over Fraud
HSCB’s top currency trader, Mark Johnson, 50, has been arrested by the FBI at JFK airport, New York, and charged for £2.7bn worth of fraud. He is to appear in court today.
Johnson is HSBC’s global Head of Foreign Exchange...
Unemployment Rate Hits Lowest In Past 11 Years
According to official figures by the Office for National Statistics (ONS), the UK unemployment rate fell to 4.9% during the March-to-May period. There are now 54,000 more people in work, an increase of 401,000 compared to last year.
There was...
New Prezzo Restaurant Opens up in Moseley
A new Prezzo restaurant has opened in Moseley Village on Alcester Road. The casual dining chain is the second one to open in Birmingham, the first having been opened in Harbourne.
Prezzo now has more than 220 restaurants in the UK....
Japanese Giant to buy UK’s Most Valuable Tech Exporter
Last year, Japanese technology and multinational business SoftBank made headlines after its artificial intelligence robot Pepper came out. Pepper proved SoftBank as one of the world’s leading innovators and received praise for its dynamic interface and quirky personality.
Now SoftBank...
Midlands Companies Feature in ‘Times’ Listing
The annual Sunday Times HSBC Top Track 100 league table ranks the top 100 British companies with the biggest sales. Regular name include Virgin Atlantic, Dyson and Clarks.
A total of 16 Midlands Companies have appeared on the list, the...
The Muslim Pound
Muslims in the UK spend approximately £20.5 billion a year on products, halal products in particular which are permitted under Islamic law.
The BBC will be airing an insightful documentary ‘The Muslim Pound’ (working title) exploring the growing number of...
Aldi Introduces More Jobs
Aldi are hopeful to bring a 17,200 sq ft outlet to Old Horns Crescent near Asda and have now submitted their application for a formal bid to Birmingham City Council.
Planning documents announce the new shop will be a contemporary...
Optimistic Debenhams
The department store chain has reported a 0.2% reduction in like-for-like sales in the 15 weeks to 11 June, stating that the demand for clothes has been feeble.
It said that the uncertainty inside the UK trading market, particularly in...
Award-Winning Birmingham Coffee Shop Launches New Mobile Service
Temple Row’s Six Eight Kafé, recently named the city’s best café in the Birmingham Mail’s Brummies’ Choices Awards for the second time, has gone mobile with its new ‘Business Class’ venture.
Businesses can hire the full Six Eight barista experience...
Outcomes of UK’s EU Referendum
The “volatility index” which is a measure of investors’ uncertainty has reached levels that were previously seen in the 2008 financial calamity.
Investors are startled by data that displays the odds of a Remain vote have fallen, while markets have...
