Sat.Apr 20, 2024

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‘Every penny has a purpose’: the rise of zero-based budgeting

TheGuardian

Growing social media interest in method of tracking spending and saving prompts banks to get in on the act Each month 20,000 people tune in to watch 27-year-old Beth Fuller work out how to spend her salary. For a year and a half she has, on payday, opened a spreadsheet and written out in granular detail what she will owe in bills, exactly what she wants to do in the weeks ahead, how much it will cost and how much she intends to save.

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Microsoft invests $1.5 billion in AI firm G42 | Software giant Salesforce in advanced talks to buy Informatica | Revolut valuation raised 45% by investor

Bussman Advisory

The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post Microsoft invests $1.5 billion in AI firm G42 | Software giant Salesforce in advanced talks to buy Informatica | Revolut valuation raised 45% by investor appeared first on Bussmann Advisory AG.

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Even a ‘rate shock’ for British mortgage borrowers may not help the banks

TheGuardian

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was Mortgage borrowers who had been holding out for more affordable rates had their hopes dashed last week, as disappointing economic data raised the likelihood of borrowing costs staying higher for longer. A drop in the annual rate of inflation to 3.2% in March fell only just short of City expectations for a drop to 3.1%, but that was enough to prompt investors to trim their bets on a

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