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Bank of England Governor Andrew Bailey has said he is 'encouraged' by the direction of inflation, hinting borrowing costs could soon be cut if inflation is reined in. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
⏲ 1:4 👁 800K
Equity Bank
⏲ 2 minutes 31 seconds 👁 543.4K
Crazy Elephant Drama
⏲ 1 hour 45 minutes 11 seconds 👁 220.7K
Chancellor Jeremy Hunt has welcomed the Bank of England's decision to leave interest rates unchanged, adding he would rather it didn't rush into a decision it'd later have to backtrack on. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
⏲ 1:5 👁 1.1M
Chris Naugle
⏲ 1 hour 26 minutes 2 seconds 👁 1.5K
For decades, it’s been a riddle in banking: how do you build a sustainable and profitable business serving low and middle-income consumers? Sixteen years ago, Chris Britt, then chief product officer at Green Dot, believed he’d discovered the answer—direct deposit of paychecks. <br/><br/>Green Dot was selling prepaid debit cards to cash-strapped Americans without traditional bank accounts, and Britt saw that customers who had their paychecks automatically deposited into their Green Dot accounts used the card to pay virtually all their expenses. With each debit card swipe, Green Dot pocketed part of the interchange fees–the 1% to 2% charge merchants pay to accept debit and credit cards.<br/><br/>“The people on direct deposit were clearly the whales of the business,” says Britt, 51, the cofounder and CEO of Chime, the nation’s largest digital-only bank with $1.5 billion in annualized revenue and seven million customers using its cards for $8 billion a month in transactions.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jeffkauflin/2024/05/03/exclusive-the-inside-story-of-chime-americas-biggest-digital-bank/?sh=4f40891cfb0d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 5:16 👁 19.6M
One advocate says Gun-Free zones always existed, but expanding them to include banks, for instance, is \
⏲ 3:24 👁 435K
Hundreds of people flocked to Diddly Squat Farm following the new series of the hugely popular Clarkson's Farm.<br/><br/>Huge crowds swarmed the farm which rose to fame in the Amazon Prime Video show after Jeremy Clarkson, 64, bought 1,000 acres of land in Oxfordshire.<br/><br/>As the third series premiered last night, queues were seen on Saturday wrapping around the shop and along the car park in the Bank Holiday sunshine.<br/><br/>One staff member said it is the busiest they’ve been since last summer.<br/><br/>The car park was declared full by 1pm with many vehicles being turned away.<br/><br/>Avid watchers of the show descended on the former Top Gear star's newest venture from the United States, Wales and Germany to celebrate the new release.<br/><br/>Anna, Sarah and Remi, originally from Minnesota, have travelled to Clarkson’s Diddly Squat Farm today for Remi’s birthday.<br/><br/>One of the girls joked: \
⏲ 0:57 👁 1.4M
Kim (Karl Wagner) is an attractive and well-liked 15-year-old Danish boy with a rather ordinary life. He likes to drink beer and party with his friends. School is a bore. His parents are divorced and his mother doesn’t make much money. She nags at him, frustrated that he wants to go out all the time, and that he doesn’t apply himself or take responsibility. Suddenly Kim finds himself taken hostage by bank robbers, along with Marianne (Marianne Berg), who’s also 15. They find themselves out in the country, hiding from the police, making love and meeting unusual people with unconventional points of view. What will happen to the young lovers’ new romance when the adventure is over and they have to return to their real lives?
⏲ 1:32:56 👁 430K
Shadow Chief Secretary to the Treasury Darren Jones has said there are a number of policy initiatives that could help bring inflation down after the Bank of England decided to leave the rate unchanged. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
⏲ 0:47 👁 660K
Passengers in the West Midlands are set for a week of disruption as train drivers union Aslef stages a series of one-day strikes. Starting from Monday's bank holiday, rail operators are warning of major disruptions with no services expected on Wednesday from West Midlands Trains, CrossCountry, Chiltern Railways, or Avanti West Coast.
⏲ 1:0 👁 2.3M
FTX has recovered billions more than needed to fully repay customers who lost funds when the crypto exchange collapsed in November 2022. Once it sells all assets, FTX will have approximately $16 billion cash versus the $11 billion it owes to over 2 million non-governmental creditors. This is an unprecedented result as bankruptcy typically yields just pennies on the dollar for lower-ranking creditors. FTX benefited from rallies in endorsed tokens like Solana, allowing repayment in full plus interest.
⏲ 0:42 👁 255K
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