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UK’s Bitcoin sell-off risks becoming another billion-pound blunder, warns deVere boss
Business

UK’s Bitcoin sell-off risks becoming another billion-pound blunder, warns deVere boss

by July 21, 2025

Chancellor Rachel Reeves is facing mounting criticism over reports that the Treasury is considering a swift sale of the UK’s seized Bitcoin holdings—potentially worth over £5 billion at current valuations—in a bid to plug a £20 billion fiscal gap.

The 61,000 Bitcoin, confiscated as part of a 2018 fraud case, could deliver a short-term windfall for the Exchequer. But financial experts are warning that a hasty sale could become another chapter in the government’s long history of poorly timed asset disposals.

Nigel Green, chief executive of global financial advisory group deVere, has likened the move to Gordon Brown’s infamous gold sell-off in the late 1990s—when the UK offloaded bullion at historically low prices, only to see the value surge in the years that followed.

“Turning these assets into instant cash is tempting, but it risks repeating historical errors,” Green said. “They sold gold in a dip, only to regret it years later. We risk replaying that error with Bitcoin.”

Bitcoin recently surged past $118,000—just shy of its all-time high—and its rising profile among institutional investors has bolstered arguments that the digital asset should be treated less as a speculative play and more as a long-term strategic reserve.

“If countries like the US, the world’s largest economy, are seriously weighing Bitcoin as a reserve, why would the UK liquidate instead?” Green questioned.

His concerns come as the UK government steps up its push to position the country as a global fintech leader. In June, the Financial Conduct Authority lifted the ban on crypto-linked exchange traded notes (ETNs) for retail investors, marking a notable policy shift toward digital assets.

Yet selling off confiscated Bitcoin now, in the name of fiscal relief, could send mixed signals. “If we advocate crypto as strategic, then hastily disposing of seized Bitcoin is hypocritical—and harmful,” Green added.

Beyond the strategic optics, the economics of the sale may be less attractive than headline figures suggest. Green warns that legal fees, victim restitution, law enforcement deductions and administrative overheads could reduce net proceeds to as little as 20–30 per cent of the gross sale value.

“This isn’t free money,” he said. “Court battles and admin costs will eat into what the Treasury actually sees.”

For Green, the smarter move would be to take a page from sovereign wealth playbooks and treat Bitcoin as digital gold—scarce, decentralised, and potentially a hedge against long-term inflation.

“Emergency fiscal relief is not always best served by fire-sale tactics,” he said. “We need to act less on timing and more on trajectory. Liquidating now may offer temporary relief but does little to serve a future-facing economic strategy.”

In short, Green argues that how the UK handles its crypto reserves could define not just the Chancellor’s credibility, but the country’s broader standing in global finance. “Is the UK a digital finance pioneer—or panic merchants liquidating seized assets? The choice will help define Rachel Reeves’ and the government’s economic legacy.”

With global economies increasingly weighing how to integrate digital assets into their financial systems, the UK’s next move could either affirm its leadership—or undermine it.

Read more:
UK’s Bitcoin sell-off risks becoming another billion-pound blunder, warns deVere boss

July 21, 2025
Santander faces backlash over charges on ‘free forever’ business accounts
Business

Santander faces backlash over charges on ‘free forever’ business accounts

by July 21, 2025

Thousands of small business owners are accusing Santander of breaking its promises after the bank announced it would begin charging £9.99 a month for business accounts it had guaranteed would be “free for ever”.

The controversial move affects long-standing customers who signed up to Santander’s Free Banking Forever tariff—accounts that were marketed with a written guarantee of zero banking fees for life. Despite that pledge, affected customers have now been told they will be charged from October this year.

The decision has ignited fury among sole traders and microbusinesses who say they relied on the guarantee when choosing Santander. “Which part of ‘for ever’ do Santander think doesn’t apply now?” said a business customer since 2005 who wished to stay anonymous. “It’s not just about the money. It’s about trust—and they’ve broken it.”

Santander withdrew its free business banking offer for new customers in 2011, but existing account holders were assured their fee-free terms would continue indefinitely. The bank previously attempted to introduce fees in 2012 but was forced into a U-turn after facing threats of legal action.

Now, more than a decade later, Santander has revived the charges—this time claiming that the original guarantee no longer applies following internal mergers and account migrations.

In a statement, the bank said: “The business banking landscape has changed significantly over the last decade. As such, we are simplifying our business banking offering as the first step to ensure that we can sustainably and efficiently evolve to better meet the needs of our business customers in the future.”

It also claimed that accounts predating the 2008 merger of Abbey and Alliance & Leicester were migrated into its Business Every Day product in 2015, and that this newer account type was not covered by the “free forever” pledge.

But customers say they were never informed that their original contractual guarantees were being revoked. Jennifer Iles, a graphic designer and early adopter of the free account, said: “I objected when Santander tried to impose monthly charges in 2012. Now they’re trying again—and pretending there’s no obligation. They’ll have a fight on their hands.”

For many, the dispute is about principle rather than pounds. “If I had signed up to an account that cost £9.99 a month, that would have been my choice,” Lawrence said. “But I signed up to a bank that told me in writing that I would never have to pay fees. It was part of the deal.”

Legal experts suggest the bank could face renewed legal scrutiny if it cannot demonstrate that customers were clearly informed of the contractual change. Consumer advocates say the situation echoes wider concerns about financial institutions unilaterally shifting long-standing terms and eroding customer trust.

With Santander already under pressure to restore its reputation in the business banking sector, the decision to impose charges on its most loyal account holders may prove a costly misstep.

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Santander faces backlash over charges on ‘free forever’ business accounts

July 21, 2025
UK companies issue record number of profit warnings amid global policy chaos
Business

UK companies issue record number of profit warnings amid global policy chaos

by July 21, 2025

British public companies are sounding the alarm in record numbers as escalating geopolitical tensions and rising trade costs batter corporate confidence.

According to new data from EY, the second quarter of 2025 saw 59 profit warnings issued by UK listed firms—a 20 per cent rise on the previous quarter and the highest figure in years driven by global policy disruption.

The figures mark a sharp rise in business anxiety, with nearly half (46 per cent) of all profit warnings explicitly blaming geopolitical instability, up from just 4 per cent during the same period last year. It’s the highest proportion EY has recorded in more than a quarter of a century of monitoring UK corporate guidance.

At the heart of this turbulence are growing fears over international trade friction, most notably the threat of sweeping new tariffs announced by the Trump administration in April. That single month alone saw a 24 per cent spike in profit warnings compared to the year before, with 50 per cent of those attributed directly to tariff concerns and disruption in the US economy.

TT Electronics and shipbroker Clarksons were among the FTSE-listed firms highlighting tariff-related impacts on performance. Analysts warn that the combination of punitive trade policy and wider political instability is beginning to weigh heavily on strategic planning and investor sentiment.

Jo Robinson, EY’s turnaround and restructuring strategy leader, said: “The latest profit warnings data reflects the scale of persistent uncertainty and how heavy it continues to weigh on UK businesses. While global tariffs have amplified this, they are part of a broader web of geopolitical and domestic upheaval that is making forecasting incredibly challenging.”

Industrial support services and retail companies were among the hardest hit, recording eight and four warnings respectively. A toxic cocktail of external trade shocks and rising internal cost pressures—such as April’s hike in National Insurance contributions and increased minimum wage thresholds—has compounded the squeeze on margins.

EY’s data also points to a worsening employment picture. Since October 2024, UK payrolls have contracted by more than 184,000, with 70 per cent of the job losses concentrated in retail and hospitality—sectors already stretched by energy costs and changing consumer habits.

Silvia Rindone, EY’s retail sector partner, said technology investment would remain critical despite the downturn. “Retailers must get the basics right—product range, pricing and service—while continuing to invest in AI and automation to build leaner, more resilient models. That’s the route to long-term survival.”

Contract cancellations and order delays also remained at record highs in the second quarter, underscoring the fragility of both domestic and global demand.

With uncertainty now baked into the macroeconomic outlook, analysts warn that businesses must rethink how they navigate risk. “Whether the rise in warnings is cyclical or structural remains to be seen,” said Robinson. “What is clear is that scenario-based planning—combining agility with strategic clarity—is more essential than ever.”

As UK companies grapple with an increasingly unpredictable global landscape, 2025 is shaping up to be a year of testing resilience as much as delivering results.

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UK companies issue record number of profit warnings amid global policy chaos

July 21, 2025
Rightmove halves house price forecast as sellers flood the market
Business

Rightmove halves house price forecast as sellers flood the market

by July 21, 2025

Rightmove has slashed its 2025 house price forecast in half, citing a glut of homes on the market and increasing competition among sellers.

The UK’s largest property portal now expects average prices to rise by just 2 per cent this year, down from the 4 per cent previously predicted.

According to the company’s latest data, the volume of homes listed for sale has reached its highest point since 2015, with sellers jostling for attention in an increasingly crowded marketplace. The result, says Rightmove, is downward pressure on asking prices as vendors cut back expectations to avoid being overlooked.

The average asking price in July dropped by 1.2 per cent compared to June, falling to £373,709. While a seasonal dip is typical for this time of year, Rightmove noted that the decline was the steepest it has recorded in any July for more than two decades. Year-on-year, asking prices are now just 0.1 per cent higher than they were in summer 2024.

Colleen Babcock, head of partner marketing at Rightmove, said: “The decade-high level of buyer choice means that discerning buyers can quickly spot when a home looks over-priced compared to the many others that may be available in their area. It appears that more new sellers are conscious of this and are responding with standout pricing to entice buyers and get their home sold.”

Estate agents on the ground echoed this sentiment. Phillip Bishop, managing director at Perry Bishop in Cirencester, added: “There is significant property choice and availability for buyers, which is allowing them to be uncompromising on their criteria and expectations.”

While asking prices dipped across most regions, the sharpest monthly decline was seen in central London, where average prices fell by 2.1 per cent. Rightmove said the recent rise in stamp duty would likely have had a greater impact in the capital, which remains the most expensive area to buy a home. Additional uncertainty around proposed changes to non-dom tax rules may also be suppressing investment in prime London real estate.

By contrast, more affordable regions are still seeing modest growth. In the northeast of England, asking prices rose by 1.2 per cent in July, underlining the regional disparities in the housing market.

Despite the slowdown in price growth, there are signs of renewed activity. Rightmove reported that the number of agreed sales is up by 5 per cent compared to last year, while buyer enquiries have increased by 6 per cent. This uptick is being supported by falling mortgage rates, with the average two-year fixed deal dropping from 5.34 per cent last summer to 4.53 per cent today—equating to a saving of nearly £150 per month on a typical new mortgage.

Babcock remains cautiously optimistic. “We’re seeing more sales being agreed and more new potential buyers entering the market than at the same time last year. Still, the knock-on effect of high buyer choice is slower price growth, so we’re revising down our prediction.”

While price momentum is likely to be subdued for the remainder of the year, the combination of improved affordability, stable demand and anticipated interest rate cuts could still offer a degree of support for the UK housing market as 2025 progresses.

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Rightmove halves house price forecast as sellers flood the market

July 21, 2025
Business

Colbert gets cancelled – and with him, satire itself

by July 20, 2025

The cancellation of The Late Show with Stephen Colbert is not, as CBS executives would desperately like us to believe, a “purely financial decision.” It is, quite transparently, the ceremonial sacrifice of satire on the altar of political appeasement and corporate consolidation.

Yes, late-night ratings have slipped. Yes, ad revenue is tighter than an intern’s skinny jeans at a Soho house party. But let’s not pretend Colbert was dead wood. His was the highest-rated late-night show in its slot. Emmy-winning. Critically lauded. Socially vital. And very much still watched — I know, because I watch it religiously, whether in the UK or the US. Not sure I’ve missed an episode in over a year. Hell, I even went to a taping the last time I was in New York.

I even went to a taping the last time I was in New York

In a year when American networks have spent billions on bloated reboots no one asked for and IP cash-ins so lazy they make Love Island look like Shakespeare, we’re supposed to believe that the network couldn’t find the budget for one of the most popular talk shows on American television?

No. That’s not how this works. That’s not how any of this works.

What happened?

Paramount, CBS’s parent company, was trying to finalise a merger with Skydance Media. But the Federal Communications Commission, chaired by a Trump appointee, had the deal under review. A spurious Trump lawsuit against CBS was hanging over everything like a fart in a lift. So they paid up. $16 million to the president and, coincidentally, soon-to-be-founder of the Trump Presidential Library & Golf Superstore. The lawsuit was laughable — claiming a 60 Minutes interview with Kamala Harris had been maliciously edited. Spoiler: it hadn’t. But CBS paid anyway.

That’s not metaphor. That’s the scent of compromise disguised as corporate prudence. Trump wanted money. The FCC, chaired by Trump’s man Brendan Carr, was delaying Paramount’s merger with Skydance Media. And then, as if by magic, a deal was struck, the FCC smiled, and Colbert — that cheeky, persistent thorn in the Trumpian posterior — was told he’d be off the air come May.

How wonderfully coincidental.

And Donald, never one to let subtlety get in the way of smugness, took to his rickety digital pulpit on Truth Social:

“I absolutely love that Colbert got fired. His talent was even less than his ratings.”

“I hear Jimmy Kimmel is next. Has even less talent than Colbert!”

He wasn’t done.

“Greg Gutfeld is better than all of them combined, including the Moron on NBC who ruined the once great Tonight Show,” referring to Jimmy Fallon, who must be nervously counting down his own commercial breaks now.

The president of the United States is openly celebrating the removal of his political critics from network television. No nuance, no shame. Just straight-up banana republic behaviour. And CBS is letting it happen.

Colbert himself saw it coming. Three days before CBS dropped the axe, he went after the $16 million settlement live on air. “As someone who has always been a proud employee of this network, I am offended,” he said. “I don’t know if anything – anything – will repair my trust in this company. But, just taking a stab at it, I’d say $16m would help.”

The crowd laughed. CBS board members did not.

Senators Elizabeth Warren and Bernie Sanders weren’t laughing either. Warren posted, “CBS canceled Colbert’s show just THREE DAYS after Colbert called out CBS parent company Paramount for its $16M settlement with Trump – a deal that looks like bribery.” Sanders was blunter: “Do I think this is a coincidence? NO.”

Stephen Colbert with two of his three current Emmy’s with another nomination announced just 24 hours before the announcement of the shows cancellation

Let’s not forget, satire has always been uncomfortable — it’s meant to be. But in Britain, we understand that discomfort was part of a healthy democracy.

Did Margaret Thatcher, no fan of dissent, ever phone the BBC and demand that Ben Elton be pulled off the air for his relentless “Mrs Thatch” tirades on Friday Night Live? No. She rolled her eyes and got on with it.

Did John Major ask for Spitting Image to melt down his dead-eyed puppet with the greying underpants? No. He probably winced, but understood that being lampooned is part of the job. If you can’t take a latex satire to the chin, you’re in the wrong line of work.

But Trump? Trump doesn’t do satire. He doesn’t even do irony. His skin is thinner than a Ryanair seat cushion and twice as easy to tear. And so, rather than rolling with the punches, he’s throwing elbows — at networks, at comedians, at newspapers, at anyone who doesn’t flatter his ego.

And with Colbert off-air, who’s next?

This isn’t just the end of a show. This is the end of an era. Colbert didn’t just fill a chair behind a desk — he held a mirror to power, to hypocrisy, to puffed-up politics and the empty suits who manipulate them. He took the absurd and made it art. He made you laugh while making you think, which is increasingly dangerous currency in a world dominated by clickbait, culture wars, and billionaires with fragile egos.

Colbert began in satire — not the fluffy late-night banter of falling asleep with Fallon but the hard stuff: The Colbert Report, his creation of a right-wing pundit who was somehow more believable than the real ones. He gave us “truthiness” before we knew how badly we’d need it. And when he moved to The Late Show, he didn’t neuter himself — he sharpened the blade.

So yes, this is personal. Not just for the 200 staffers soon out of a job. Not just for viewers like me, who tuned in for comfort and clarity and cleverness. But for anyone who still believes journalism — in whatever format — should punch up, not shut up.

What’s next? More of Trump’s wish list being fulfilled under the guise of economic restructuring? Will Jon Stewart be next for the guillotine? (“Shameful,” he said of the settlement.) Will NPR be shuttered because Trump doesn’t like vowels?

And now, as the stage lights dim and the applause fades, the future of satire feels uncertain.

Or does it?

Because while the suits in broadcast boardrooms pretend this is about balance sheets, over on YouTube — where the only approval required is a “Like” button — audiences are flocking. In fact, someone else has already made the leap: Piers Morgan, that perennial marmite of British broadcasting, has quietly – well it was a quiet as Morgan gets – shifted his Uncensored show from linear TV to YouTube, where it reaches more people, with less interference, and no need to pander to a regulator or advertiser with cold feet.

It’s ironic, isn’t it? Trump — the man who cut his teeth on reality TV, who turned CNN into a hate-watch for the MAGA faithful — may have just accelerated the future of television. By bullying broadcasters into silence, he’s made online freedom more attractive, more necessary.

Late-night satire might be dying on CBS, but it’s thriving elsewhere. Jon Stewart. Hasan Minhaj. Sarah Cooper. Even amateur YouTubers with a microphone and a sense of decency are picking up the mantle. The audience hasn’t disappeared — it’s migrated.

So maybe The Late Show is ending. But the idea of the late show — the honest, punch-up political comedy show — might just be evolving.

And as for Colbert? Don’t bet against him. The man once played a right-wing pundit in character for nine years without breaking once. He’s not afraid of a fight. He’s just lost his stage. For now.

So here’s my suggestion, Mr Colbert: light up a YouTube channel, Dust off all the covid-era tech. Call it The Even Later Show. Stream it straight from your living room. No censors. No FCC. No overlords with shareholder nerves. Just you, your writers, your desk — and your audience, who are very much still here, very much still watching. Plus if Morgan is believed you might even earn more!

And this time, the only cancellation that matters is the one your subscribers can control.

Read more:
Colbert gets cancelled – and with him, satire itself

July 20, 2025
Why More Businesses Are Choosing a Fractional CMO Instead of Agencies and Junior Hires
Business

Why More Businesses Are Choosing a Fractional CMO Instead of Agencies and Junior Hires

by July 19, 2025

For many UK brands, marketing can feel like a bottomless pit; money disappears quickly, often into agencies or junior hires that fail to deliver strategic impact.

Thankfully, there’s a smarter choice emerging: hiring a fractional CMO. This senior marketer embedded in your business part time provides strategic clarity without the overhead. Let’s explore why a fractional CMO might be your best investment yet.

What Is a Fractional CMO?

A fractional CMO is an experienced senior marketer who joins your business part time to deliver strategic leadership. Unlike interim or freelance marketers who often focus on short-term tasks, fractional CMOs commit deeply to long-term growth strategies. They’re particularly valuable for scaling companies and founder led brands that need high-level expertise without the burden of full-time executive salaries. By embedding strategic oversight, a fractional CMO ensures your marketing drives tangible results.

Agencies vs Fractional: Stop Paying for Overhead

Marketing agencies are notorious for layers of management and inflated overhead. Typically, UK agencies have overheads of 100% (£1 salary cost = £1 overhead) & mark-up 10-25% on headcount that they provide. This also includes ‘fractional cmo agencies’.
Not to mention that when you’re company is smaller, you’re often given the ‘B-team’ when working with agencies, or work with smaller independent agencies who are simply behind the curve.
The smarter move? Work directly with a proven fractional CMO and skip the commission trap. For London Fractional CMOs brands especially, opting for a fractional CMO means paying only for expertise; not unnecessary overhead and costly inefficiencies. More info on fractional CMO rates & costs here.
Consultancies are often worse & at times freelancers will work on projects, essentially working as digital marketing consultants.

Junior Hires Aren’t the Answer

The alternative option is to simply high ‘what you can afford’, a junior marketer. This can very quickly become an expensive mistake. Junior talent might be excellent at execution but often lacks the experience to build a coherent marketing strategy. Often this is supplemented by an agency, leading to a ‘lot of execution’ with minimal impact and quality.
Execution without expertise or strategic guidance leads you nowhere. By choosing a fractional marketing director, you’re choosing a purposeful execution done to a high standard. Engaging an outsourced marketing CMO ensures your budget isn’t wasted on disconnected activities.

What a Fractional CMO Actually Does

A fractional CMO delivers strategic marketing leadership tailored to your business needs. They shape brand and digital strategies, oversee performance marketing initiatives like SEO, paid media, and content strategy, and manage your media mix for optimal results. Crucially, they mentor your existing team or coordinate agency partners, driving unified, impactful marketing execution. Ideal for businesses experiencing rapid growth or transition, a fractional CMO ensures marketing becomes your strongest competitive advantage.

Why This Works for London Businesses

The London market is intensely competitive, and top marketing talent commands premium salaries. For SMEs, hiring full time is often cost-prohibitive. Fractional CMO  solves this problem by giving you access to high-caliber strategic expertise without the financial risk. Especially valuable for private equity backed or founder led brands, fractional CMOs quickly adapt to complex markets, giving your business a clear competitive edge without full-time executive commitment.
The bottom line is clear: you don’t need expensive agencies or inexperienced hires. A fractional CMO delivers strategic clarity, focused execution, and immediate impact. Ready to take control of your marketing?

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Why More Businesses Are Choosing a Fractional CMO Instead of Agencies and Junior Hires

July 19, 2025
How Facial Recognition Technology Has Changed The Casino Industry
Business

How Facial Recognition Technology Has Changed The Casino Industry

by July 18, 2025

About two decades ago, facial recognition technology was perceived as only a futuristic concept that may one day take hold. Fast forward to 2025, and the tech has taken its place in many sectors, including casino gambling.

This prevalence is due to obvious reasons like enhanced security to less obvious ones like customer satisfaction.

One thing is for sure, facial recognition is transforming how casinos serve and relate to their patrons. Moving on, let’s put the facial recognition perspective in detail.

Intro to Facial Recognition Technology

As the name implies, facial recognition is a technology that identifies individuals by capturing and analyzing unique facial features. The software is built with visual sensors and algorithms that capture, extract features and determine faces. In a nutshell, here’s a list of the essential tech built into a standard facial recognition software;

Facial detection
Sensor cameras
Feature extraction
Face matching
Database manager

Without any insights, it is understandable how facial recognition technology can be useful in casino gambling.

Enhancing casino security

Standard casino establishments prioritise security as it is vital to successful operations. Given the vast amounts of cash flowing daily to the constant stream of visitors and players, mitigating threats becomes difficult. Also, it is no news that casinos are frequent targets of criminal activity, theft and fraud inclusive.

Here facial recognition is vital to identifying threats before they unravel. Real-time FR systems, assisted by database algorithms, identify individuals previously banned or on the watchlist. Essentially, anyone with a cheating record, disruptive behaviour and questionable character is identifiable via FR systems.

Before now, casino surveillance depended on CCTV cameras and security personnel. However, the downside with CCTV is that it requires manual monitoring and is not necessarily threat-intelligent. Today’s facial recognition systems have AI-powered software that sweeps arenas and creates instantaneous alerts. Also, FR is sort of a hybrid solution that doubles as surveillance footage anytime.

Fun Fact: Today’s AI-powered systems can scan and match a face against a database of tens of thousands of people in under two seconds, a task that used to take security teams hours or even days.

As the saying goes: “The future of gambling is online, and the future is now.”

Improving operational efficiency

The very advent of facial recognition technology was to serve as a hybrid solution. As such, FR can be purposed to monitor staff activities and service efficiency. Here, customer behaviour, traffic, peak hours, and preferred areas are tracked and determined. This data collection enables casino management to allocate staff efficiently and implement strategies for effective services.

Eventually, the facial recognition doubles as a holistic operations monitor that provides insights that typical surveillance wouldn’t achieve.

Customizing Experiences

Moving away from safety and security, facial recognition is also very useful in tailoring customer experiences. Especially with casinos that offer VIP or premium services, there is a competition to attract and retain high rollers. As such, these establishments have to constantly customize casino sessions to suit the preferences of valued players.

Here, facial recognition aids the casino in identifying big players and valued patrons. The technology goes further to track these players’ tendencies and preferences. Ultimately, when data like this is harnessed, casinos can arrange the best possible sessions for the esteemed customers.

In addition, the customised casino experience is now common to online casinos. Without needing FR, online casinos run their own VIP programs that customize experiences and cater to loyal players. Especially with fast-growing online casino markets like Canada, this service is just spot on. As such, players in Canada are predominantly using casinos with premium services and VIP programs, especially for the long run (source: https://casinocanada.com/)

Enforcing responsible gambling

Edward Snowden, former NSA contractor – “Surveillance is permanent in its effects, even if it is impermanent in its implementation.”

Facial recognition is also a major player in providing responsible gambling safeguards. As problem gambling at casinos rose, broader techniques had to be implemented to create further control. Of the few implementations, using FR to enforce self-exclusion programs is the most common.

Here, the casino deploys facial recognition to ensure access denial to players who have opted to self-exclude. This measure has become very instrumental as statistics suggest that at least 85% of self-excluded attempts to access are identified.

Fun Fact: Some modern casino systems can not only identify faces but also analyse a player’s mood based on facial expressions. These systems are useful for tailoring VIP experiences or identifying stressed gamblers.

Finally

In all, the role of facial recognition technologies in the casino gambling sector is no longer speculative. Many casino establishments have fully adopted FR with some of the earliest use cases dating back to the early 2000s. However, some casino experts have made solid arguments on the privacy concerns of the all-round use of FR. Notwithstanding, the utility of facial recognition outweighs any perceived privacy appropriations. Want to learn more? Check out our guide to the fastest payout online casinos.

Read more:
How Facial Recognition Technology Has Changed The Casino Industry

July 18, 2025
Why Hosting Live Events Is a Game-Changer for Business Growth
Business

Why Hosting Live Events Is a Game-Changer for Business Growth

by July 18, 2025

Hosting live events has become a powerful strategy for businesses, offering unique prospects for business growth. By bringing people together in person, businesses build deeper connections, enhance trust, and create memorable experiences that keep their brand top of mind.

From launching a new product to hosting a workshop or organising a charity fundraiser, live events put your business in the spotlight and open doors to valuable networking opportunities.

Read on to explore the key benefits of live events, types of events you can consider hosting, and essential tips to make your event a standout success.

Benefits of Holding Live Business Events

Builds trust and brand affinity

When people meet you or your team in person, it helps build trust. They get to see the faces behind the business and feel more connected. This personal touch makes your brand more human and relatable. Over time, this builds brand affinity as people are more likely to buy from or work with someone they trust.

Gives you a spotlight

A live event gives your business a moment to shine. It’s your chance to take centre stage and show off what makes you special. Whether you’re sharing exciting news, launching something new, or teaching something useful, you’re in control of the spotlight.

Puts you front of mind

Experiences unlock a different part of people’s brain than email marketing and ads. A good event sticks in people’s minds, meaning they’re more likely to think of your brand when they need your product or service. Even if they don’t get in touch with you straight away, you’ve planted a seed for the future.

Types of Live Business Events

Launch a new product or service

A live event is a great way to introduce something new to the world. Send invites to potential customers, local media, and business contacts, and show off your product by letting people try it out and answering their questions. These kinds of interactions build buzz and get people talking.

Charity fundraisers and networking events

Charity events enable your business to do good while also making valuable connections. Fundraisers show your values and support for the local community. Networking events help you meet other businesses and potential customers in a relaxed setting.

Workshops or masterclasses

If you have knowledge or skills to share, setting up a workshop or masterclass is an excellent way to increase your reach. Teaching others not only helps them out but also demonstrates that you’re an expert in your field. Whether it’s a class on digital marketing, cooking, or DIY, it provides value and builds your reputation.

Putting On a Live Business Event

Venue

Importantly, pick a place that suits the type of event you’re running. It could be your own office, a hired hall, a hotel meeting room, or even a local café or community centre. Make sure it’s easy to get to, has enough space, and fits the mood of the event.

Setup

Think about how you want the space to look and feel and the kinds of tech you’ll need to pull off your event. There are a whole range of decisions to make at this stage: lighting, sound, and signs are all needed to create a memorable experience.

For help setting up a corporate event, hiring a set construction company that specialises in creative construction can offer a huge helping hand in getting everything designed, built, and set up, ready for the big day.

Guestlist

Curating the perfect guestlist is crucial to the success of your live business event. Consider inviting anyone from potential clients, industry partners, media representatives, key influencers who can amplify your message. Strive for a balanced mix of contacts who align with your event goals, ensuring meaningful conversations and valuable connections for all who attend.

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Why Hosting Live Events Is a Game-Changer for Business Growth

July 18, 2025
Company insolvencies fall in England and Wales, but experts warn challenges remain
Business

Company insolvencies fall in England and Wales, but experts warn challenges remain

by July 18, 2025

The number of UK companies falling into insolvency dropped sharply in June, offering a moment of respite for businesses after months of economic turbulence.

But experts have warned that the decline may be only temporary, with ongoing pressures threatening a renewed wave of financial distress later this year.

According to the Insolvency Service, there were 2,043 registered company insolvencies in England and Wales in June 2025, down 8% from May (2,230) and 16% lower than June 2024 (2,430).

The drop in insolvencies may ease some concerns over the health of the UK economy, which continues to grapple with rising inflation, tax pressures, and a fragile global backdrop. But figures for the first half of 2025 show that insolvencies remain slightly higher than the second half of 2024, despite being below the 30-year annual high recorded in 2023.

In June, the breakdown of insolvency types included 1,585 creditors’ voluntary liquidations (CVLs), 332 compulsory liquidations, 111 administrations, and 15 company voluntary arrangements (CVAs). There were no receivership appointments.

Paul Williams, Restructuring Partner at PKF Littlejohn, said the fall in June should be welcomed, but it doesn’t paint a full picture.

“With global and domestic markets still navigating instability—driven by international conflict and economic disruption—the UK economy remains under significant pressure,” Williams said.
“While the insolvency figures show a decline in June, the first half of 2025 saw an overall rise compared to the second half of last year.”

He cited ongoing disruptions to supply chains, US tariff policy volatility, inflationary cost pressures, and changes to employer National Insurance contributions as continued headwinds for businesses.

Williams added that while the drop in insolvencies is encouraging, it is still “far from a clean bill of health for UK plc,” urging firms to remain agile, manage risk proactively, and maintain strong financial discipline.

The broader economic outlook remains uncertain. Inflation rose unexpectedly in June to 3.6%, raising questions about the resilience of consumer demand and squeezing already tight profit margins, particularly in retail and hospitality.

Meanwhile, GDP grew by 0.7% in Q2, and employment levels have risen—offering potential signs of green shoots. Chancellor Rachel Reeves, in her recent Mansion House speech, reaffirmed the government’s commitment to reforms aimed at boosting growth, reducing red tape, and encouraging investment.

However, critics remain sceptical. Many businesses are still facing “tough times”, according to David Hudson, restructuring advisory partner at FRP.

“The slight fall in insolvencies offers a glimmer of relief—especially for hospitality and retail, which are now benefiting from record summer weather,” said Hudson.

“But this could be just a pause. Consumer confidence is still low, growth remains weak, and inflation continues to erode margins.”

Hudson warned that many businesses may have only survived by dramatically cutting costs, and without a sustained recovery in demand or a drop in input costs, the reprieve may be short-lived.

As the government approaches the next fiscal cycle and firms continue to digest the effects of tax policy changes, analysts say the business community will need to remain vigilant.

While the fall in insolvencies for June offers welcome news, experts agree that the pressures on businesses are far from over—and for many, the path to stability will depend on staying ahead of challenges before they escalate.

For now, companies are being advised to closely manage cash flow, review supplier relationships, and seek early guidance from advisers to avoid sliding toward insolvency in what remains a precarious economic environment.

Read more:
Company insolvencies fall in England and Wales, but experts warn challenges remain

July 18, 2025
The Unexpected Items That Double as Networking Tools
Business

The Unexpected Items That Double as Networking Tools

by July 18, 2025

In a world where networking events, business cards, and LinkedIn requests dominate professional circles, it’s easy to overlook the quiet, unassuming objects that can spark real conversations.

But some of the best connections aren’t made in meeting rooms—they’re made in elevators, airports, cafés, and yes, even at the local print shop. The truth is, certain everyday items—when done with intent—can turn into powerful networking tools without anyone seeing them coming. Let’s unpack the unexpected.

Your Coffee Cup Can Start a Conversation

Imagine standing in line at a bustling conference coffee station. You’re holding a reusable cup—not just any cup, but one with your brand’s minimalist logo and a clever slogan that captures your business’s edge. Someone leans over, chuckles, and asks where you got it. That five-second pause in a queue becomes the start of a new client relationship.

Branded drinkware isn’t new, but using it in the right setting is. The trick? Make it stylish, not salesy. Let it speak without shouting.

Tote Bags with Intentional Design

The overused conference tote bag has a bad reputation—and deservedly so. Most are dull, disposable, and forgettable. But what happens when you flip the narrative?

A thoughtfully designed tote with a bold, conversation-starting quote or eye-catching illustration turns into a walking billboard that people want to ask about. Especially in coworking spaces, airports, and creative meetups, the right tote bag can be your intro without the awkward elevator pitch. Keep it artistic, mysterious even—people love asking questions about things they don’t immediately understand.

Custom Stickers That Stick in People’s Minds

Here’s one most professionals overlook: custom stickers. Not childish ones. We’re talking sharp, stylish stickers designed with brand intelligence—ones that land on laptops, notebooks, or even travel gear. Whether handed out at an event or tucked into a client thank-you pack, good stickers have a strange power.

They don’t scream “marketing.” Instead, they whisper, “Hey, this is different.” And that whisper often echoes across café tables and coworking desks when someone notices the sticker and asks, “What’s that from?” Just like that—you’re talking business.

Bookmarks as Bookmarks—and Icebreakers

If you’ve ever handed someone a business card and watched it disappear into a black hole of a wallet, you’ll understand the brilliance of a bookmark. Especially one that features a quote, a design, or a brand message that feels personal.

Slide it into a book you gift. Tuck it into client welcome packs. Or leave a few at your favorite local bookstore. It’s a networking tool disguised as a thoughtful gesture—subtle, useful, and surprisingly effective.

Branded Clothing Done Right

Let’s be clear—nobody’s making meaningful connections in loud, overbranded t-shirts anymore. But a high-quality hoodie with a small embroidered logo or a unique patch? That’s different. It invites curiosity without trying too hard.

If you’re in creative, tech, or lifestyle industries, a sleek garment can function like armor: representing your brand while staying stylish. It’s personal branding at its quietest—and that’s often where the best conversations begin.

Think Beyond the Pitch

Real networking doesn’t always come from polished elevator speeches or polished LinkedIn bios. Sometimes, it comes from the way your laptop looks, the bag slung over your shoulder, or the notebook sticker that catches someone’s eye.

So next time you think about networking, skip the predictable and look around. You’re likely already carrying your best tool—it just doesn’t look like one yet.

Read more:
The Unexpected Items That Double as Networking Tools

July 18, 2025
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