Shoppers Lose Patience with Cash-Only Businesses after Five Months

Shoppers Lose Patience with Cash-Only Businesses after Five Months

Small businesses and startups have less than five months to switch from taking cash only to accepting cards before a shopper’s expectations change, according to the latest research from Paymentsense.  The research* revealed that UK shoppers would continue to visit an SME, small retailer, independent coffee shop or food outlet for an average of 4.6 months before becoming impatient with their cash-only status.  This follows recent warnings from the industry that the UK’s cash payments system could…

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Majority of UK consumers still prefer to shop in store

Majority of UK consumers still prefer to shop in store

High Street retailers must be savvy with omnichannel technological integration in order to survive in the digital age, new research has warned. A new survey has revealed that 85% of people still prefer to physically purchase products in store, despite the convenience offered by online shopping. Although the rapid growth of e-commerce has significantly reduced footfall to the high street, the research found that three-quarters of customers would still prefer to make a purchase in…

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Russia floats first law to regulate CO2 emissions

Russia floats first law to regulate CO2 emissions

Draft bill would give government powers to regulate CO2 and create carbon markets, but faces stiff opposition inside and outside Moscow administration Russia is considering climate legislation that could give the world’s fifth largest emitter a framework for regulating carbon emissions for the first time. The draft bill would give the government powers to introduce greenhouse gas emission targets for companies, and charges for those that exceed them, with proceeds potentially going into a fund…

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Facebook ordered to stop tracking people in Belgium without consent

Facebook ordered to stop tracking people in Belgium without consent

Belgium’s privacy watchdog said the website had broken privacy laws by placing tracking code – known as cookies – on third-party websites. Facebook said it would appeal against the ruling. The social network faces fines of 250,000 euros (£221,000, $311,000) a day if it does not comply. The court said Facebook must “stop following and recording internet use by people surfing in Belgium, until it complies with Belgian privacy laws”. “Facebook must also destroy all…

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MP introduces bill to ban dog meat consumption

MP introduces bill to ban dog meat consumption

A Conservative MP, Bill Wiggin, has introduced a bill in Parliament to ban the consumption of dog meat in the UK. The bill would make it illegal to eat dog meat and to transport, possess or donate it for the purposes of consumption. It is not currently against the law in the UK to eat dog meat. About 30 million dogs are eaten around the world annually – 10 million of those are consumed in…

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Lifeline for struggling businesses and sole traders yet to complete their tax returns

Lifeline for struggling businesses and sole traders yet to complete their tax returns

With the Self Assessment deadline less than a month away, a lifeline has been handed to struggling businesses and sole traders who are yet to complete their tax returns. Tax preparation specialist David Redfern, Managing Director of DSR Tax Claims Ltd, has issued his timely advice on claiming tax reliefs for loss making ventures, especially those businesses in their first years of trading. It is not uncommon for a newly-formed business to run at a…

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