Month: March 2022

We must set the cryptocurrency rules, the Bank of England admits

We must set the cryptocurrency rules, the Bank of England admits

Amid concerns that the rapidly growing 1.7 trillion market could eventually become a threat to the larger financial system, city regulators have taken the first step towards creating a British rulebook for cryptocurrencies.

The Bank of England’s Monetary Policy Committee yesterday began thinking about how the cryptocurrency sector should be overseen in a move that marks the beginning of a potential turning point for digital assets, which were still almost completely unregulated.

Under the bank’s proposed approach, crypto activities that reflect conventional financial services will be governed by existing City rules and standards.

“Where crypto technology performs an equivalent economic function in the traditional financial sector, the FPC considers that it should be within the existing regulatory system, and the regulatory scope should be adapted as necessary to ensure an equivalent regulatory outcome,” the committee said in its latest update on financial stability. Said.

Regulators are stepping up their scrutiny over the worrying cryptomarkets that consumers are losing money due to the wild price change in the concern. There are also concerns that digital assets are being used for money laundering and other types of financial crimes.

In contrast to the traditional form of money, which is regulated by authorities such as the central bank, digital currencies are decentralized and viewed as a “wild waste”. Despite their risky nature, they continue to grow in popularity among private and institutional investors, with global cryptocurrencies rising from $ 0.13 trillion in January 2019 to a $ 2.9 trillion peak in November, before returning to about $ 1.7 trillion earlier this month.

There are now over 17,000 different crypto tokens ranging from Bitcoin, which was the first digital currency and remains the most popular, lesser known asset like dogecoin, which originally started as a joke. They are still dwarfed by the size of the larger global financial system, however, which stands at $ 469 trillion.

Although the bank’s monetary policy committee believes that the “direct risk” to the UK’s financial stability from cryptocurrencies is “currently limited”, it will change “if the pace of growth seen in recent years continues”.

Yesterday, as a sign of growing caution from British regulators, the bank’s Prudential Regulatory Authority sent a letter to its so-called “favorite CEO” urging bank officials, insurers and investment firms to be aware of their potential risks. Represented by cryptocurrency.

At the same time, the Financial Conduct Authority has issued a notice to the companies under its supervision to be vigilant about cryptomarkets.

PRA chief Sam Woods warned city firms in his letter that many crypto markets are not “new and tested”.

“They have a limited history, have different risk profiles, can be characterized by very high volatility, and have market participants and structures that can differ significantly from other markets where companies participate.”

He said firms should “consider how or when the characteristics of these markets are adequately captured in their risk management framework”.

Russian banks and oligarchy are believed to be using cryptomarkets to evade far-reaching sanctions imposed by the West in response to the Ukraine invasion. The head of the European Central Bank, Christine Lagarde, said this week that crypto was “definitely being used” to avoid sanctions.

The bank said: “While cryptocurrencies are currently unlikely to provide a viable way to avoid scale restrictions, the possibility of such behavior underscores the importance of ensuring innovation in cryptocurrencies with an effective public policy framework.”

One obstacle that regulators have encountered in evaluating digital markets is the lack of data, which has hampered their ability to measure potential risks. Banks are now trying to bridge this gap, however, and say it will conduct a survey of companies to gather information on their crypto interests. It asked them to respond by June 3 and asked for information about their future exposure through their future crypto plans as well as derivatives and trading books.

One area of ​​the digital market that the bank says could create a “regulatory challenge” is the so-called decentralized money, known as DeFi, when distributed laser technology that is the basis of cryptocurrency, used for other financial products such as loans. It says such services often cross borders and “may not have a specific entity” that may be under control.

GW Pharmaceuticals will build a $ 100 million medical marijuana site in Kent

GW Pharmaceuticals will build a $ 100 million medical marijuana site in Kent

The new owner of a British-based pharmaceutical company that makes cannabis-based treatments will have to invest $ 100 million in a manufacturing facility in Kent.

Jazz Pharmaceuticals, which a year ago agreed to a W 7.2 billion takeover of GW Pharmaceuticals – considered to be the largest takeover of UK-based biotech – will begin construction of a 60,000-square-foot factory on its existing site in Sittingbourne’s Kent Science Park.

It will create more than 100 “highly skilled” jobs since opening in 2024 and will encourage government and industry efforts to rebuild Britain’s pharmaceutical manufacturing capacity. Chris Tove, head of Jazz Pharmaceuticals’ Europe and International, said the investment was “the largest investment in the company’s history” and would result in more than 500 employees on site, the largest of the combined group.

GW was founded in 1998 when it received a license from the Home Office to grow cannabis in the south of England. It floated on the alternative investment market in 2001 before being listed on the Nasdaq in the United States in 2013.

It made progress in 2018 when the US Food and Drug Administration approved its lead product, Epidiolex, a cannabis-based treatment for severe childhood epilepsy. The active ingredient used in Epidiolex is cannabidiol, a component of plants that does not elevate users. The Kent site, formerly owned by Shell, has been occupied by GW since the company’s inception and was chosen because it had a top research glasshouse. GW’s cannabis is grown commercially in secret locations across the country.

The site produces extract, active pharmaceutical ingredients and formulated pharmaceutical products. Its expansion will increase the potency of Epidiolex and Sativex, its first product to treat the symptoms of multiple sclerosis. Jazz is seeking approval for Sativex in the United States.

The new facility will support the production of cannabinoid drugs under development from a pipeline that includes Nabiximols, which is in the third phase of testing as a treatment for multiple sclerosis. It includes pre-stage product candidates for other neurological disorders, including Autism Spectrum Disorder.

Jazz, which acquired GW in a cash and share deal last May, is valued at da 9.8 billion by Nasdaq and focuses on neuroscience and oncology. It is located in Dublin and has sites across North America and Europe, including Oxford, Cambridge and London. About one-third of Jazz’s 3,000 employees are based in the UK.

The Kent site expansion is designed to increase the group’s revenue to 25 5 billion in 2025 from বছরের 3 billion last year. This will ensure that R&D activities are not “out of the crowd,” said Bruce Kozad, chairman and chief executive of Jazz.

George Freeman, Minister for Science, Research and Innovation, said the investment was “a great sign of confidence in the UK’s life sciences ecosystem. [and] The UK’s expertise in cannabinoid science and medicine. ” Ministers have pledged to ensure that Britain rebuilds its pharmaceutical manufacturing infrastructure following the industry’s shift to offshoring and the use of contract manufacturers, and officials have been tasked with working with the NHS to identify production requirements.

The group did not receive official support as part of the investment, but Tovey, 56, said it was “very dependent on everything the government says it is working on creating a really rich talent pool for tech workers. We need the site.”

He said GW’s product approvals have helped attract workers and differentiate the company from the “clouder” part of the cannabis industry. “What Kovid has taught us is that if a drug is involved, no matter how desperate it is, people still prefer regulatory-approved drugs.”

A corporate social education

A corporate social education

Have you heard of the 70-20-10 policy?

According to this principle, only 10% of our learning takes place through formal training. Rest is indirect learning that occurs through the acceptance of challenges (70) and the observation of other people (10).

Formal education is essential for you to improve your quality and make things better. But you can learn a lot from other people. It is called non-formal education and it uses observation and technology such as Learning Management System (LMS), discussion forums, social media, blogs etc.

What is social education?

Learning by observing people. This is the simplest definition of social studies. We have all been doing this work knowingly and unknowingly since childhood. This is a common technique that our brain uses to adjust our behavior to a social situation. From greeting people and respecting elders, street etiquette and work ethic are all taught through social studies.

Albert Bandura first noticed this type of teaching in 1977. His theory reveals that people imitate or model the behavior of others. Environmental factors, his / her behavior, and individual’s mental and physical abilities have equal impact on social education.

There are four levels of social education theory proposed by Bandura

Awareness: A person becomes aware of certain behaviors. It happens by observing the people around you.

Hold: Once you become aware of a certain behavior, you need to remember to do the same in your life.

Modeling / Imitation: Now comes the stage when you start imitating the same behavior. Your physical and mental abilities are a barrier to imitating proper behavior.

Motivation: If imitating that behavior gives you some benefit or you appreciate it, you will often be motivated to repeat it. Similarly, if people in your social settings discourage it, you will stop doing it.

Although social studies has been a part of our lives for centuries, it is now being deliberately used to create better performers and leaders. It is widely used in educational institutions and in the workplace to provide education that is as important as formal education.

A corporate social education

According to the 70-20-10 principle, 20% of our learning happens through social connectivity and collaboration. Social learning occurs in the corporate environment through direct interaction with other employees or through indirect interaction through the Learning Management System (LMS), online discussion forums, blogs, etc.

This type of interaction initiates a two-way learning process. One is where we learn from our seniors and the other is when their new ideas and ways of working are presented by the younger generation.

The benefits of a corporate social education

The power of the unconscious mind

Our unconscious mind is stronger than the conscious mind. Much of social learning happens unknowingly and naturally. For example, one of your colleagues was rewarded for exceptional performance. The tendency of people to seek that praise. So you start learning from how they work and start communicating with them. Finally, you will see your performance improving.

An experienced mind can teach something that no one else can

The people you think are idols are at a certain level because of all the hard work and obstacles they face. When such people share tips, experiences, mistakes and suggestions, you can learn something exclusive, something that no book will teach you.

Quick problem solving

With so many talented people on one platform, finding solutions to your questions is not a difficult task. Quick resolution of staff questions increases productivity.

Use existing talent

Unlike formal education, social education does not require professional trainers who take a lot of money. Your company has amazingly skilled people who can contribute to sharing useful knowledge with the rest of the staff.

High retention

The more you engage in what you are doing, the more time you will remember it. Social studies in a corporation is far from interactive and book knowledge. It encourages employees to be employed during training or when completing a task. Employee engagement is a challenge but social learning using an LMS or an online discussion forum can make it easier.


You do not have to invest a lot of money. Creating a platform for open discussion is not very difficult. With software programs like LMS, this is a piece of cake.

Employees are well informed

Employees expand their knowledge when they discuss a bunch of topics. They can learn something beyond their technical skills. Your employees will learn a lot about your organization, more than what is stated in the annual report. A well-known employee can add a lot of value to the company.

How can an LMS help in social education?

An LMS is a software program that helps create a seamless online learning experience. It has many handy features that make online training easy to create, perform and manage.

These features make conducting formal online training easy and affordable. But an LMS can also help in social education. Your LMS may include the following features:

Community building

Your LMS can be used to connect and inspire each other while training your employees to build an online learning community. You can also divide employees into groups based on their work function and the type of training they are receiving.


With gamification features, you can make the learning process enjoyable and inspiring. Leaderboards are a great motivator for employees who are lagging behind. Action is strengthened when you are rewarded for the same. Rewarding leaderboard toppers is a great way to inspire people to reach their goals.

Q&A session

These sessions are great for meeting and answering questions that can lead to better discussions. The answer to a question helps many people in the group, increasing the scale of learning.


You can send notifications of news feeds, announcements, etc. These one-way communication methods are great for making people more aware of the organization


With AI technology you can make recommendations and invite people to join a specific online training course. They also know which e-learning courses are more popular. So if more people are doing a course and discussing it, you’ll want to do it too – fear of getting lost.


You can organize some competitions and motivate employees to participate. You can ask a question and ask your staff to come up with a solution. Group activities are well chosen. Seeing everyone’s unique solutions is a great source of motivation and social learning.

Dussebo It is a cloud based learning management system with many features that will help in social education. Discover, coach and share Combining social learning and material curation into a single, unified system that provides an unparalleled learning experience.

Read more about Discovery, Coach and Share here


Social education is just as important as formal training. Social studies can contribute to knowledge that may not be formal training. It builds deep bonds with other employees and helps maintain good relationships. The rate of retention of social education is high and cheap.

In the corporate environment, employees can learn from the experience of their seniors. It helps to solve questions at a faster rate, thus making your workforce more productive. You can use an LMS to add features like community, competitions, games, questions and answers, etc. to give online training and encourage social learning.

Lloyds will close 60 branches after shifting to online banking

Lloyds will close 60 branches after shifting to online banking

Lloyds Banking Group says it plans to close 60 branches across the country, in connection with the recent closure of customers taking online financial management.

Britain’s largest lender says it will close 24 Lloyds branches, as well as 19 Bank of Scotland and 17 Halifax sites.

Up to 124 employees have been affected, but Lloyds said they would try to find new roles for those employees within the company.

The bank said its mobile banking app usage has grown by 27 percent in the last two years, and its regular users of its online banking system have grown by 12 percent. Now 18.6 million people use online banking and 15 million apps.

Vim Maru, Retail Director, said: “Like many other high street businesses, fewer customers prefer to visit our branches.

“Our branch network is an important way to support our customers, but our customers need to adapt to the significant growth they choose to do in their day-to-day banking online.”

The group currently has 739 Lloyds branches, 553 Halifax branches and 184 Bank of Scotland sites.

Karen Evans, national official at United Union, said: “Lloyds Banking Group must not be allowed to abandon another 60 local communities where the bank branch plays an essential role.

“The 124 employees who work tirelessly in their communities are dedicated to meeting the banking needs of the most vulnerable, relying on their efficient services.

“When a bank branch closes, the heart of the local community is broken and the results are devastating.”

The news follows a few more shutdowns from the bank, which said in October it could shut down 48 sites and announced 44 shutdowns in June last year.

Last week, HSBC said it would close 69 branches this year, while NatWest Group said it would close 32 branches.

The ultimate guide to healthcare digital marketing

The ultimate guide to healthcare digital marketing

When you’re a budding healthcare professional or a professional, you’ve probably already researched effective digital marketing strategies.

Those who seek fame in the online world must keep up to date with the latest marketing trends in the business.

Here are some tips to help you keep your business afloat and add value to your clients’ lives.

Why Market Your Healthcare Practice Online?

With rapid change, every healthcare professional must make an effort to build their online presence and spend their time learning.

Internet marketing in the healthcare profession is much more than just having a nice website, sending a monthly email and running a Facebook group where you can post.

Learning about algorithms, new changes and functionality gives you a key advantage and enables you to create more effective healthcare digital marketing plans for you as well as your organization.

Build a strong online presence

Patients primarily search for health concerns on the Internet. Depending on how the clients find you, you should be constantly prepared to change your approach.

According to a survey, an estimated 92 million Americans have ever seen a health-related topic on the Internet. This is a significant change from traditional marketing, which depends only on appreciating your skills.

According to the study, 77 percent of patients conduct an internet search before scheduling an appointment. Patients must be able to discover you digitally and the information you provide must be effective.

Establish your credibility. Show them why you need help. Helping patients online does more than answer them.

Establish a strong reputation by adding value

Many people hate and even fear routine checkups from the dentist’s recliner to the doctor’s examination table. Americans are now more cautious about seeking medical help than ever before.

Forget about cosmetics and selection procedures. Many are postponing the required annual exams because they are concerned about their safety. On the other hand a good digital reputation can help you.

Use social media platforms to keep patients informed about new security measures. Assure new and recurring patients that you are looking out for their best interests. Your reassurance can go a long way, especially when it adds value to their lives.

Use SEO (Search Engine Optimization)

Search engine optimization (SEO) should be the foundation of your marketing strategy. Your approach should not only help improve your rankings. With the right message you have to target the right person at the right moment.

This unique method has been developed by experts based on extensive studies to decide how to target your most desired leads. When you build your website, keep in mind the best SEO practices. Patients will be able to identify you this way. Healthcare expert marketing companies can help.

We cannot ignore the effectiveness of tried and tested SEO strategies. Search results generate 3 times more website traffic than others.

Use data to track your progress and fix your strategy

Companies that use data-driven marketing plans outperform their competitors. With Google Analytics, you can track the effectiveness of your organization’s digital marketing and SEO activities.

These tools gather important information about your consumers and provide important metrics to help you fine-tune your strategy. One can define HIPAA-compliant rules that capture generic data metrics, which is very helpful.

Remember the power of blogging and content marketing

Powerful content is the foundation of your digital endeavor. People visit business websites to learn more about you. Remember that this is a personal search for them. The majority of people are looking for answers. Establishing a reputation is more important than selling your knowledge.

Create strategic elements. Each blog post you create should focus on a single word that is relevant to your SEO campaign. This helps in increasing the organic traffic.

Create an editorial calendar with patient advice, articles, social media postings, and frequently asked questions. When planning your calendar, keep in mind important events as well as themed months.


It is essential for healthcare professionals to have a strong presence on social media in this age. Some tips include:

  • Patients must be able to discover you digitally and the information you provide must be effective.
  • Establish your credibility through focused, targeted and powerful content
  • Use social media platforms to keep patients informed about new security measures.
  • Use SEO not only to improve your rankings, but to target the right person at the right moment with the right message.
  • Use tools like Google Analytics to track the effectiveness of your digital marketing.

It may take some time and effort but you do not have to research the latest healthcare marketing trends on your own. Trust the experts who understand how to create strategies to attract your best leads.

Next low profit and high price warning

Next low profit and high price warning

Next’s boss has lowered profit expectations for this year and warned buyers that they will have to pay more for products in a “growing uncertain world”.

The fashion chain reports that the alarm bells ring that last year surpassed all expectations due to increased online sales and demand from shoppers to use their lockdown savings.

The FTSE 100 retailer, which raised guidelines for the fifth time in January, reported pre-tax profits of £ 823 million for the year to the end of January, 140 percent higher than the previous year and 10 percent better than the previous year. That was behind the 4.6 billion in statutory sales, which is 8.4 percent better than in 2019.

The latter was started by George Davis in 1982 and has about 500 stores employing 21,600 people. Its website sells hundreds of third party brands, including Jules and Tommy Hilfiger. Shares of Next fell 184p, or 2.88 percent, to £ 62.00 in morning trading, valued at কোম্প 8.2 billion.

Next said last year’s sales surge was in stark contrast to this year’s “unusually high levels of geopolitical and economic uncertainty.”

Lord Wolfson, 54, chief executive of Aspel Guis, said the company faced five major uncertainties, including the discomfort of epidemic savings, the return on travel and leisure costs, inflation of essential commodities and its own selling price and growth in the UK. Taxes. The business is also losing £ 18 million in profits as a result of the closure of its Ukrainian and Russian online businesses, although it expects better store sales in the UK.

As a result, Next cuts its central profit guidance by £ 10 million to £ 850 million, up 3.3 percent from this year. Its forecast ranges from £ 795 million to £ 895 million.

The volatile context has also prompted Next to lower its guidelines for full-price sales to কম 85 million, although it still expects them to grow 5 percent, boosting revenue from its credit offer due to consumer finance pressures.

Next said inflationary pressures meant it would send buyers more of its spending and that prices were expected to rise 8 percent, up from a 6 percent guidance in January.

Retailers say prices will rise 3.7 percent in the first half of the year, but inflation will double in the second half, splitting fashion into a 6.5 percent increase and a 13 percent increase in household goods.

In a generally detailed analysis of inflationary pressures, the business said it expects total spending growth of £ 143 million this year, including £ 20 million from additional energy costs, £ 55 million from wage inflation and ভ 6 million from employee travel resumes. In the meantime, it will save £ 79 million on lower internal costs, rising costs to cover shipping costs, and lower staff incentives.

Wolfson said: “It is important to understand that the cost of living is a supply-like crisis: the inflation we are experiencing is a symptom of an inherent constraint on the supply of goods.”

A day after the Chancellor’s spring statement, Wolfson said the government could “ensure and ensure that those most in need can carry basic necessities through targeted subsidies and grants. Second, they can take steps to increase the supply of goods, property and services that There is so little supply. “

Wolfson, who has been a vocal advocate for more investment in housing, said: “We appreciate the Chancellor’s efforts to help those most in need, but we are disappointed that the larger government has done little or nothing to increase its power. Underlying supply of skilled workers It is important to recognize that government interventions to increase inflation do nothing to increase the underlying supply of goods and services.

Top 10 current technologies used in schools

Top 10 current technologies used in schools

There have been several significant improvements in the education sector recently.

For example, the use of emerging technologies has become a great addition to tutoring and writing centers, with many stakeholders appreciating their inclusion as a better way of learning than other learning models. The top 10 current technologies used in schools have revolutionized education, improved access to education, improved student performance and classroom engagement, and made learning fun for teachers and students.


Distance learning, also known as e-learning, has become a popular learning technology since the COVID-19 epidemic was banned, leading to school closures. This learning model is done electronically through laptops, computers, smartphones or tablets and is hosted on digital platforms. With this technology, instead of a passive experience, students choose what they need to study quickly and easily wherever they are. In addition, legitimate writing companies like offer many services that students can review while learning.


The advantages of blockchain in education are many, especially in the case of data storage, as each adds a new block to the data system. As a result, the storage capacity of the technology is unlimited, and it can be encrypted and spread across numerous computers within the system. This technology decentralizes data transactions, which is very useful in massive open online courses (MOOCs) and writing and teaching centers. For these centers, blockchain technology solves problems with verification, scale and cost, allowing their services to be offered for free.

Artificial intelligence

Artificial Intelligence (AI) is another widely used technology in education worldwide. The application of AI stems from the ability to automate elementary educational activities, such as grading-of-zero-blank and multiple-choice questions. While teachers are very busy, students can get help from AI tutors, while AI-powered applications can provide useful feedback to teachers and students. Writing and tutoring centers can use AI systems to help students track growth and access the resources they need in sessions with their tutors.


Gamification is the most appropriate educational tool to make learning in the classroom more enjoyable and engaging. Students can study this model while participating in gaming activities and this feature helps to create a productive learning environment. Moreover, teaching students how to create games is an essential talent that can help them, especially due to the ever-expanding gaming industry. In the online writing and tutoring center, this technology is now a popular model for creating a fun classroom that students always enjoy.

Augmented and Virtual Reality

As virtual reality (VR) and augmented reality (AR) have become part of the educational program, the learning experience in the classroom has changed dramatically. The growing desire for experiential learning is driving the development of VR and AR learning in online writing and tutoring centers to improve the educational process. VR creates virtual experiences, while AR improves realistic images to make it easier for students to interpret technical concepts. For example, VR is useful in medical training courses because it allows students to practice real-world surgery in a low-risk setting.

Mobile device

Students have recently started using mobile devices to improve their skills in school work and revolutionize their learning process. Most students even use mobile devices to conduct research, play educational games and collaborate with their peers at any time. They use this technology for academic reminders and alerts, for taking pictures of their assignments, and for taking polls in class. In the Writing and Tutoring Center, students use their mobile devices to send questions to their tutors and discuss their school work and assignments.


Smartboards are huge interactive projection screens that use a projector to create a larger version of a touch-sensitive computer screen. Since this technology can be controlled and written directly from the screen, in physical writing and tutoring classes, tutors and students can use it to create thinking until they arrive at an effective plan. Therefore, this technology helps teachers to educate students more effectively and facilitates different learning by giving students convenient access to online materials as well as allowing them to use different teaching methods.


E-books have become a welcome alternative to real books, especially since many books can be kept on one device. E-books are especially valuable in education because students have to read a lot of books. Therefore, keeping them as e-books saves students storage and gives them access to important curriculum materials. Students do not have to go to the library to study as e-books can be accessed from anywhere. At the Writing and Tutoring Center, e-books give students access to curriculum content from the digital library.

Social media

While today’s students see social media as an integral part of their lives outside of school, the use of this technology in educational settings is essential. Through platforms such as Facebook and WhatsApp groups, schools have recently adopted the use of social media as a tool for group projects for student classes. This aspect has made education a pleasurable social activity for most young people. Through these platforms, teachers and students in writing and tutoring centers can have important discussions about hiring a student.

Cloud computing

Educational institutions are shifting to the use of accessible servers via the Internet considering cloud computing. This technology makes it possible for professors and students to come together on a single, unified platform. Key features of cloud computing allow educational institutions to access computing power, well-designed databases, secure storage, and other important services without having to purchase, own, or maintain a server or data center. Since most writing and tutoring centers are now online after Kovid-19, cloud computing helps them in their activities.

Ultimately, technology is an important addition to education, especially in writing and tutoring centers, and it has brought many innovations and benefits that have resulted in better performance and engagement for students, better access to education and fun in the classroom. Effective integration of technologies such as e-learning, blockchain, AI, gamification, AR and VR, mobile devices, e-books, smartboards, social media and cloud computing. As more innovations emerge, writing and teaching centers must try to use them.

Negotiate mistakes when selling your home

Negotiate mistakes when selling your home

A home sale negotiation doesn’t have to be complicated, but it can be difficult if you don’t know how to sell your home.

Whether you want to sell your home quickly or negotiate a price of your choice, here are some common discussion mistakes to avoid when selling your home to make sure you get a fair deal.

1. Don’t underestimate the value of your home

One of the most common mistakes people make when selling their home is lowering the price of their property. Many sellers fear that if they sell their house too much, it will not sell and will become stale in the market. Reducing the cost of your inquiries may seem like a great way to seal a deal, but most fair buyers such as Element Homebuyers can give you the opportunity to negotiate further if your home price is low. Be realistic about what similar homes in your area are going for and don’t sell yourself short.

2. Avoid letting the buyer make the initial offer

One of the biggest mistakes sellers make when negotiating is to agree to the buyer’s first offer. This usually happens because you are afraid of losing a sale or do not have time to deal with the price However, accepting an offer immediately will allow you to settle for less than the value of your home. It also puts you at risk for a bad home transaction.

Many factors influence business negotiations, but determining what value to pay for a property is a serious concern in the real estate market. While this is not always possible, try and avoid letting your buyers make the first offer. Remember if they offer less than you expect, otherwise it may be difficult to convince them.

3. Avoid emotions when discussing

In times of stress, your emotions can lead to a successful deal. You can settle for less than you and regret later. If you feel frustrated or humiliated, try taking a deep breath and staying away from the discussion for a few minutes before returning with a clear head. If you want to reduce risk and manage your real estate investments carefully, don’t negotiate prices until you feel calm and ready.

4. Do not underestimate the negotiation process

After a home visit, most people enter the discussion thinking that because they are motivated to sell or buy, their opponents on the other side of the table are also motivated. While there are buyers who may be a little more desperate than others, don’t assume that you can bargain with them. Even if they seem desperate for your home, some buyers aren’t going to lose too much in price, so be prepared for tough negotiations.

Last note

Selling your home is an exciting prospect, but it can also be stressful and frustrating if you don’t manage it properly. Understanding common-sense mistakes to avoid when selling a home will make the process as stress-free as possible and help you get a fair deal.

UK High Street in 2022

UK High Street in 2022

In the last 18 months, our spending habits have changed dramatically as the global epidemic has forced the retail world to go online.

In addition to the ever-increasing acquisition of the digital world, the retail sector has been significantly transformed to appeal to a new kind of consumer, the high-end store and the way we purchase products will never be the same.

Savoo conducted a survey with customers to find out the current state of the retailer, consumer attitudes towards shopping and what we can expect from this attitude in 2022.

A hybrid of retail, housing and hospitality.

The High Street is no longer just made up of retail space. Residential accommodation and office space are rapidly filling up with high streets as well as local services and hospitality.

A study conducted by SAVOO found that, on average, residential areas make up the largest portion of the High Street (53%) and retailers occupy 34% of the UK High Street.

Greenwich High Street has the largest residential area (75%) while Selby has the largest retail space (63%).

% Of high street space retail:

  • Selby – 63%
  • Nosle – 59%
  • Shetland Islands-
  • Richmondshire – 53%
  • Barrow-in-Furnace – 53%
  • % Of residential area on high street which is residential:
  • Greenwich – 75%
  • Hammersmith and Fulham – 75%
  • Harinji – 75%
  • Portsmouth – 74%
  • Lambeth – 73%

% Of office space on high street which is office space:

  • Martha’s Tidefill – 38%
  • East Ayrshire – 37%
  • Redditch – 36%
  • Newcastle – Low – Lime – 36%
  • Harboro – 34%

Prior to Covid-19, 59% of Britons shopped in real life at least once a week, with more than a quarter (27%) of people buying high street items at least 2-3 times a week.

Nowadays, the number of people shopping on the High Street at least once a week has dropped by 16%, as only 42% of customers return to shop there weekly. In fact, a quarter of consumers (25%) spend less than once a month on high streets.

Daily High Street purchases have dropped 3% from the previous 8% of the lockdown before Covid-19 – and are currently recovering just over 1%.

Consumers will deliberately buy online instead of buying individually, as well as analyze Savoo data to find global changes in the e-commerce market in the coming years.

For both British and German, in-store shopping is still their preferred shopping option, with most respondents claiming that they have not completely switched from offline to online shopping for any product or service (35% and 47%, respectively).

About three in five Britons believe the High Street is still important

A survey conducted by Savoo reveals that:

  • 20% of the UK use the High Street as their main way of shopping
  • 20% of Britons shop across the High Street and online equally (50/50)
  • 38% of the UK acknowledge the importance of highways and only occasionally shop online
  • 21% of Britons use online as their only way to shop

As the pressure to shop online continues, many UK residents are still unwilling to give up high street shopping. 59% of shoppers in the UK say that High Street is still their main way of shopping, compared to only 21% who say internet is their main way and only a small 4% who admit that all their shopping is done online.

Having said that, interestingly 62% of customers say they find better deals online. Despite this, 42% also claim that they spend more money when shopping on the internet, which may be due to the fact that we can spend more time on the site and need to buy more options because we do not have the experience to try something in real life.

Savoo found that consumers wanted the most important things from their shopping experience:

  • Looking for a big deal – 49%
  • Seeing, touching and trying an item in person – 36%
  • Speed ​​and convenience – 33%
  • Easy to find a product – 29%
  • Buy something from the comfort of your own home – 25%

The least important thing listed is the financing options available, such as an in-store credit card or Buy Now Pay Later, considered by only 8%. However, as clarinet preferences become more popular, this may change in the coming years.

Primark is the country’s favorite high street shopping destination

High Street is home to some of the most famous British clothing stores. Not only sound education but his alertness and dedication too are most required.

With so many stores closing, there are some that we keep closer to our hearts than others and are upset to see them go.

Here are the top five favorite British shops on High Street that we would love to see close:

  1. Primark
  2. Marx and Spencer
  3. Tesco
  4. John Lewis
  5. TKMaxx

Now priced at £ 1.1 B, more than 20 million customers were buying men’s and women’s clothing from Primark in 2020 alone.

Marks & Spencer are second and Tesco in the top three.

In addition to our high street favorites, we only have online sites that we visit regularly, many of us had a dream to go to the store and enjoy the real shopping experience.

Savoo’s research also found that if the public could go to an online store for bricks and mortar, their choices would be:

  • Amazon – 47%
  • EBay – 16%
  • ASOS – 7%
  • Shin – 7%
  • Buhu – 5%

Ed Fleming, Savory’s managing director, commented “Since the outbreak of COVID-19, High Street will never be the same again because it has accelerated the online shopping movement that has already begun to make waves before 2019 and 2020,” he said. The future of retail is not only in the hands of consumers – retailers also have a huge role to play in shaping the future of the customer experience.

With online retailers offering delivery the next day or even the same day without shoppers leaving their homes, now is the time to adapt to the demands of high street consumers and find out the main reasons why consumers still go to physical stores.

The epidemic has led to a change in shopping, which is to stay here. Consumers are now looking to support local businesses instead of chain stores and travel less on high streets.

To survive on the High Street and to remain a staple in British culture, the shopping experience should be paramount for retailers. Stores should be given an experience that people can’t get online or on their phones if they want to attract customers.

While some consumers are returning to the high street, retailers need to consider that there are reasons now. As more competitors pop up in online spaces, it should be noted that shoppers value personal experiences that can only be offered on the high street. “

Online bookmakers are licking their wounds after the 2022 Cheltenham Festival

Online bookmakers are licking their wounds after the 2022 Cheltenham Festival

Horse racing desperately needed a huge pick-me-up after two years of struggle due to the Covid-19 restrictions, and it certainly got to Prestberry Park last week when more than 280,000 people landed on the racecourse for the 2022 Cheltenham Festival.

The capacity crowd was treated to four days of exceptional racing, with many historic moments created along the way.

Not everyone was happy, however, as many leading online betting sites are preparing their white flags as the hosts of a fairly compelling choice in some of the main races. Cheltenham Gold Cup winner Rachel Blackmore was once again the hero of the week as she won the feature race on the fourth day in a dazzling fashion at A Plus Tard, her glorious fifteen-length win over Honeycomb before her champion Hurdle. Blackmore was, in fact, the first jockey of the century to win the Cheltenham Gold Cup and champion hurdle at the same meeting, and while no one would hate him at this magical moment, bookmakers feared after his history-making achievement.

All in all, Cheltenham had less than a dozen favorites last week, although there were some positive moments for bookmakers, most notably the Tiger Roll Cross failed to get the fairy tale ending after finishing second in the country from Delta Work. Chasing. Another welcome result for the betting firms came when Queen Mother Champion Chase came to Odds-on favorite Shishkin after eight fences were pulled, with Nicky Henderson in charge rain-soaked soil having obvious problems.

These were just two of the few lights of hope for the bookies which was a great celebration for Ponter. That’s what the crowd wanted, and for four days the bookies may have beaten a bit, in the long run it will do wonders for the sport in general. Many of the best betting sites were promoting special offers for the festive season, and punters were spending their lives taking advantage of the many free bet bonuses, cash-back offers, price increases, and increased space in the main race.

For bookmakers, the busiest week of the year has now come and gone with some healthy profits with many happy customers. Cheltenham, as always, has given us a varied mix of results that will satisfy all different types of punters, with many strong favorites winning strongly and a handful of upsets for those looking for big price winners. Punters and bookies will now be looking to the Grand National and we will be able to make some more history on April 9 at Aintree.

At the end of the day, everyone has won!