Author: Scott Dylan

A reality TV star embroiled in legal trouble continues promoting cryptoassets.Scott Timlin was reprimanded by the FCA for unauthorised financial promotions.Despite charges, he remains active in endorsing various cryptocurrencies.His Telegram channel encourages followers to explore altcoins.The FCA is cracking down on social media influencers marketing financial investments.Scott Timlin, a reality TV personality known for his appearances on ‘The Geordie Shore’ and as a winner of ‘Celebrity Big Brother’, was reprimanded by the Financial Conduct Authority (FCA) for engaging in unauthorised financial promotions. These promotions were allegedly dangerous, as they targeted vulnerable followers and involved advertising contracts for difference (CFD) investments…

NatWest Group has announced a striking 26% rise in pre-tax profits for the third quarter, reaching £1.7 billion. This growth is significantly attributed to an increase in lending activities and a favourable net interest margin, propelling shares upward by nearly 5%.In the latest financial update, NatWest’s operating pre-tax profit surged to £1.7 billion, up from £1.3 billion in the same period last year. This robust performance is predominantly attributed to its enhanced lending operations and a better net interest margin.Operating expenses showed a decline of £144 million compared to the previous quarter. However, they were £38 million higher than the…

Consumer confidence in the UK has taken a downturn as the Labour Party readies its first Budget amid rising concerns over potential tax hikes. Such apprehensions seem to overshadow recent positive economic indicators.This adjustment in consumer sentiment marks the lowest level since March, highlighting the challenges faced by the government to maintain public optimism. The impending fiscal changes are believed to include around £40 billion in tax increases, further exacerbating consumer anxiety.The upcoming Budget presents a critical juncture for the Labour government as it seeks to navigate the economic challenges while maintaining public trust.As consumers brace for potential fiscal changes,…

Chancellor Rachel Reeves has unveiled a strategic shift in the UK’s fiscal policy, introducing a novel debt rule designed to unlock £50 billion for capital investments. This ambitious move aims to balance robust fiscal discipline with enhanced economic growth.Reeves has emphasised that the additional borrowing capacity will be channelled towards long-term investment projects, explicitly excluding routine expenditures and public sector salaries. By prioritising sectors like green energy, infrastructure, and education, the government aims to ensure sustainable growth while maintaining fiscal prudence.The International Monetary Fund (IMF) has endorsed the UK’s debt rule adjustment, particularly in light of its recommendations to avoid…

In a recent incident, Benedictine Sisters in Erie, Pennsylvania, were wrongly accused of voter fraud. This revelation serves as a poignant reminder of the impact of misinformation in today’s political climate.A Republican canvasser identified 53 registered voters at a Catholic church’s address, sparking claims of voter fraud. However, these voters were the Benedictine Sisters of Erie, a group deeply rooted in the community. Sister Annette Marshall expressed her disbelief at being accused, stating, “We’ve never been accused of fraud…or not existing.”The Benedictine Sisters have been active in Erie since the 1850s, moving to their current monastery in 1969. They have…

Boohoo Group has addressed Frasers Group’s proposal for Mike Ashley to become its CEO, emphasising the need for careful governance.Frasers Group, a major shareholder, suggested Mike Ashley as CEO, citing Boohoo’s alleged management failures.Boohoo refuted claims of ignoring Frasers’ requests, highlighting previous discussions and governance needs.The company described Frasers’ assessment of recent refinancing as inaccurate, having already engaged with stakeholders.Boohoo stressed that the CEO appointment process is already underway, with existing leadership until a decision is made.Frasers Group, holding a 27% stake in Boohoo, recently urged the appointment of Mike Ashley as Boohoo’s CEO, after the announcement of John Lyttle’s…

John Lewis collaborates with sofa specialist Made.com, enhancing its store offerings.Made.com opens its first London showroom at John Lewis’ Oxford Street location.This is a part of multiple partnerships with home furnishing brands by John Lewis.A £6.5m investment has upgraded John Lewis’ Oxford Street store.John Lewis is committed to providing quality, service, and competitive pricing.John Lewis, a renowned department store, has partnered with sofa specialist Made.com for a new in-store initiative. This collaboration marks Made.com’s first showroom in London, located at the Oxford Street flagship store. The strategic move is part of a broader expansion plan where Made.com products will also…

Boohoo has introduced a new logo and campaign to realign its brand image with fresh perspectives.The brand’s creative direction features a custom-designed logo and a modern colour palette.Aiming to transform its public perception, Boohoo’s new campaign carries the slogan “People will talk”.Sam Leach, Boohoo’s marketing director, highlights the brand’s future-focused vision.Frasers Group proposes Mike Ashley as CEO after John Lyttle’s resignation.Boohoo has announced a significant change in its brand representation by unveiling a new logo and launching a campaign that aims to redefine its public image. The initiative includes a bespoke logo design and a refreshed colour palette consisting of…

On Thursday, Elon Musk’s super PAC awarded $1 million prizes to registered voters in Michigan and Wisconsin, despite a Justice Department warning.This decision marks the first action by the pro-Trump group, following the DOJ’s notice regarding potential legal violations in the implementation of their giveaway scheme.Elon Musk, known for his entrepreneurial ventures, recently initiated a controversial sweepstake through his pro-Trump super PAC, raising eyebrows due to legal concerns. On Saturday, the sweepstake began, targeting registered voters in seven battleground states, with a requirement to sign a petition endorsing free speech and gun rights. Legal experts have voiced concerns over potential…

Former President Donald Trump recently critiqued United States immigration policies during a campaign rally in Arizona, asserting that the country has become a ‘garbage can’ due to the handling of illegal immigration.Addressing supporters, Trump expressed his growing frustration with the Biden-Harris administration’s approach, labelling it a failure in maintaining border security and eliminating illegal crossings.At a campaign rally in Tempe, Arizona, former President Donald Trump described the United States as a ‘garbage can for the world’, expressing his discontent with the approach taken by the current administration towards immigration.Trump’s speech was characterised by strong language, as he accused the Biden-Harris…