Oracle Capital Group is aware of the regulatory and business realities which organisations face in the United Kingdom at the moment. At Oracle, the safety and well-being of our clients, employees and colleagues is always our priority, and we also understand the important role we play in continuing to provide ongoing services and support to our clients as to their business and personal needs during this critical time.
COVID-19 outbreak in Britain presented unique challenges to the housing market. Both buyers and sellers, renters and letters are told every day to stay home and delay moving. Prospective buyers and estate agents are facing difficulties to arrange viewings. Surveyors are not always capable of visiting homes to perform their contractual obligations. But it is not all that bad...
To help businesses tackle the growing crisis due to the coronavirus pandemic the Chancellor Sunak announced a fiscal stimulus of £30bn, including welfare and business support, sick-pay changes and local assistance.
Even with the growing economic instability within the UK at present, businesses of all sizes find business sense in setting charities and foundations. The business case for encasing social responsibility into the organisational structure is clear: on the one hand it allows to engage staff and customers and on the other hand it helps raise company’s profile. Isn't it good for business?
As a part of a concerted effort to help British households and businesses in the thick of surmounting crisis, Bank of England cut rates from 0.75% to 0.25%. British economy in January was already in a weak position, so this move is most timely and welcome.
Is it still profitable to invest in whisky? Besides stockpiling high-value bottles of single malts, there are other ways to invest. You can purchase a dozen barrels of whisky which are aged, then sold for a profit. You can even buy a distillery.
That last option is exciting. Major producers focus on promoting whisky tourism because it increases spending on distilleries. Tourists from the US, Germany, India, China, and Japan visit Scottish distilleries more often than other nationalities.
This January the Bank of England, the European Central Bank, the Bank of Canada, the Bank of Japan, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a task group. The group aims to share the experience as they assess the potential cases for central bank digital currency (CBDC) in their home jurisdictions.