See all the links and our weekly headline roundup here.
- Rising UK House Prices Drive Mortgage Debt Repayments to Record Highs Mortgage holders are repaying substantial amounts of mortgage debt due to higher interest rates, signaling a shifting borrowing pattern.
Read more - Welsh Distressed Business Levels Surge by 15% The retail sector witnesses a significant increase in distressed companies in Wales, necessitating turnaround support.
Read more - UK Consumers Fail to Share Digital Legacies with Trusted Individuals Over 40% of UK consumers have not shared crucial financial account details with trusted individuals, raising concerns about managing digital legacies.
Read more - Inflation Holds Steady at 6.7%, Impacting Everyday Essentials Steady inflation at 6.7% continues to drive up prices of everyday essentials, outpacing pre-pandemic levels.
Read more - Credit Card Spending Debt Surges by 8.7% in July Credit card spending debt shows an 8.7% increase in July, reflecting robust consumer spending.
Read more - Global Internet Speeds on the Rise Global average internet download speeds have been steadily increasing from 2020 to 2023.
Read more - AI’s Transformative Impact on the Legal Profession AI is revolutionizing the legal profession, with law firms like Baker McKenzie actively exploring new AI systems and tools.
Read more - “Social Loafing” Detected in Human-Robot Work Environments Research identifies “social loafing” behavior among human workers when collaborating with robots, resulting in reduced task engagement.
Read more - Abstract Storytelling Boosts Unconventional Product Sales Crafters who use abstract storytelling to describe their creations outperform others, selling significantly more items over five years.
Read more - Optimizing Large Team Management with Decentralized Decision-Making Managing large teams requires granting team members more decision-making autonomy to cope with the volume of decisions and trade-offs.
Read more - Challenger Banks Outperform High-Street Rivals in Savings Accounts Challenger banks surpass traditional high-street banks in savings account offerings, scoring well in customer satisfaction.
Read more - WhatsApp Introduces Simultaneous Logins for Multiple Accounts WhatsApp launches a feature allowing users to log in with multiple accounts simultaneously.
Read more - Global Workforce Productivity Boosted by Technology Technology advancements enhance worker productivity, enabling increased output per hour.
Read more - International Credit Unions Embrace Member-Centric Innovation International credit unions celebrate their 75th anniversary by embracing innovation, offering new services, and focusing on member-centric solutions.
Read more - AI-Powered Legal Research Facilitates Case Preparation AI systems like ChatGPT assist legal professionals, enabling efficient research for complex cases.
Read more - Shoplifting Incidents Increase by 25% in the UK The UK witnesses a 25% rise in shoplifting incidents over the past year, though still below pre-pandemic levels.
Read more - Ofgem Aims to Improve Customer Satisfaction Ofgem introduces new standards to enhance customer experience by facilitating easier communication with energy suppliers and support for households struggling with bills.
Read more - AI and Data Analytics Transforming Energy Industry Energy companies leverage AI, data scientists, and data engineers to test and implement new systems, fostering innovation in the sector.
Read more - UK Banking Industry Witnesses Job Cuts Major UK banks announce thousands of job cuts as the industry grapples with evolving market dynamics.
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