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Spotify UK drop into the red last year, since subscription revenue fell and the music streaming service invested more in growth here. When compared to 2011's profit of £21 million, accounts reveal Spotify's British arm made a loss of £10.1 million in 2012. Down from £96.5 million a year earlier in 2012 it fell to £92.6 million, the online music streaming platform saw this revenue fall. The decrease in revenue was partially down to its decline in subscription, which fell from £72.4 million to £64.7 million because of the alteration in the way subscriptions were booked. A minimal increase was seen by UK advertising on the platform, rising from £8.1 million to £9.1 million to the year ending December 31. Sources say that subscription numbers have been growing strongly in 2013 thanks in part to partnerships with the likes of Vodafone. Spotify UK declined to comment on its accounts but earlier in the year parent company Spotify Group said: "In 2012 the business focused on driving user growth, international expansion and product development, resulting in soaring user numbers and increased market penetration. "Our key priority throughout 2013 and beyond remains bringing our unrivalled music experience to even more people while continuing to build for long-term growth - both for our company and for the music industry as a whole." With its operations in the thirty two countries around the world, Spotify lets users stream 10 hours of music a month for free with advertising or pay a subscription fee for unlimited, advertising-free listening. Naming Sony, Universal and EMI, and to date has paid out $500 million in royalties to artists, the company has signed deals with major record labels with the said records. With 5 million paying subscribers Globally Spotify saw users leap from 11 million to 20 million in the year. UK numbers were not disclosed. From March this year figures demonstrate this has augmented to 24 million users and 6 million subscribe

The think tank Centre for Economics and Business Research (CEBR) predicts the UK economy will outstrip France and Germany within two decades even if Britain stays in the EU. But while leaving the organisation would have initial negative consequences, the CEBR's chief executive Douglas McWilliams suspects "that over a 15-year period, it would probably be positive." Britain is set to vote on a referendum on EU membership in 2017. The report predicts the UK's GDP will first move to fifth place ahead of France by 2018 before leapfrogging Germany around 2030. However, despite being forecast to be the second most successful of the Western economies after the US, it will fall behind the accelerating economies of India and Brazil. "Germany is forecast to lose its position as the largest Western European economy to the UK around 2030 because of the UK's faster population growth and lesser dependence on the other European economies," the report said. But added: "If the euro were to break up, Germany's outlook would be much better. "A Deutsche Mark-based Germany certainly would not be overtaken by the UK for many years if ever." It added that a factor driving the UK's move ahead of Germany is the assumption of a falling value for the euro, Germany's falling population and the UK's rising population. The gap between the two countries will fall from almost £610billion in 2013 to just £183billion in five years. The UK's GDP will grow from more than £1.59trillion in 2013 to £2.6trillion in 2028, compared to China which is predicted to be in top position with a GDP of more than £20.5trillion, ahead of the US with an estimated £19.7trillion Japan will fall from its steady position in the global league of third to fourth by 2028, overtaken by India and followed by Brazil, Germany and the UK. The positive report on the economy comes as a poll reveals more people believe they would be helped rather than harmed by a rise in interest rates. A survey reveals that a pre-

A study last year by the department for business revealed that - finally - more women are taking the plunge and launching their own businesses. The number is still pretty low - just nineteen per cent of SMEs are female-led, according to the study, but, more encouragingly, a quarter of new businesses - two to three years old - were formed by women. I was fortunate enough to speak at an all-female business event held by the New Entrepreneurs Foundation last week to drive more women to apply for its new programme, which got me really thinking about how we can encourage more women to choose the enterprise path, like I did. Something Anne Marie Morris MP mentioned in her speech really brought it home - women-led businesses contribute £70 billion to the UK economy. That is surely too significant a figure to ignore?!

Outside the portfolios' 'Themes' and 'Commercial property' sectors, regular readers will know that the strategy guiding both portfolios since their inception five years ago has been to 'Go high, go deep and go east'. The emphasis has been on higher-yielding blue-chips and bonds, smaller companies and the Far East (including Japan from the end of 2012). This has served both portfolios well. However, the time has come to modestly refine the strategy for the Growth portfolio given market conditions and its freedom from an income constraint.

How the Government Botched Its Effort to Hold Wall Street Accountable After the Crisis The Department of Justice (DOJ) fell down on many of its efforts to hold Wall Street accountable for mortgage fraud after the crisis, according to a new audit from the U.S. Department of Justice Office of the Inspector General (OIG). The DOJ promised the public that it would place a priority on going after mortgage fraud. But the report finds that "DOJ did not uniformly ensure that mortgage fraud was prioritized at a level commensurate with its public statements." One telling example is that the Federal Bureau of Investigation (FBI) ranked mortgage fraud as the lowest threat in its lowest crime category. The OIG also visited FBI field offices in Baltimore, Los Angeles, Miami, and New York and found that either it was a low priority or not even listed as a priority. Meanwhile, the FBI got $196 million in funding to investigate mortgage fraud between 2009 and 2011, yet the number of agents doing the investigation decreased in the same time, as did the pending investigations. More related issue from Corliss: http://corlissonlinegroup.com/ http://corlissonlinegroup.com/blog/ http://corlissonlinefinancialmag.blogspot.co.uk/ http://www.pinterest.com/geraldhussen/corliss-online-financial-mag/

Unilever, Magnum glass till Dove tvål jätte, utfärdade en vinst varning i natt, skyller de kollapsande valutorna i så kallade "framväxande marknader" som Brasilien och Indien. Samtidigt trots varma ord från västerländska politiska ledare på att förbättra ekonomiska data, sa det utvecklade marknaderna förblev "platt ner". Som ett resultat, varnade det för en €500m (£417m) brist i försäljning detta kvartal. Framväxande marknaden valutor har rasat under de senaste månaderna i väntan på Federal Reserve avsmalnande av dess kvantitativa lättnader program. De med stor budget och bytesbalansen underskott har drabbats värst. Unilever sa det nu förväntas det aktuella kvartalet underliggande försäljningstillväxten för att komma in på 3 till 3,5 procent. Investerare hade tidigare förväntade tillväxt på 5 procent. Valutorna i Brasilien och Indien, som ha krossat särskilt illa av oro för deras ekonomier, har ont Unilever särskilt dåligt som de är två av sina största globala marknader. Indonesien är en annan stor ekonomi som har uppträtt dåligt för företaget. Unilever har lidit av utländsk valuta flyttar till stor del eftersom dess framväxande marknader regioner köpa råvaror i dollar med sina lokala valutor. Unilever förutser att den framväxande marknadsekonomier BNP-tillväxt, en omvandlad till årsplanet 9 procent under första halvan av året, nu har sjunkit till 6 procent. Även om Unilever är först i sin bransch av snabbrörliga konsumentvaror att varna på dess tillväxttakt, grupp sport Adidas knackade ut en liknande alert i mitten av September, med hänvisning till av samma skäl. Marknader är chockade av tillkännagivandet, till stor del eftersom det inte har utfärdats tills efter aktiemarknaden hade stängt för kvällen. Siffrorna hade bara kommit till ljuset från sammanställa alla septembers månatliga Försäljningsstatistik från dess olika divisioner, sade källor på företaget. På den positiva s

Jos tänä kesänä NSA valvonta skandaali laskeuma on opettanut meille mitään on, että yksityisyys ei ole vain niille jotain salattavaa. Jokainen yritys koosta riippumatta tehtäväksi on suojautua yrityksen tai asiakkaan luottamuksellisia tietoja. Tiedot täydellisestä yksityisyydestä on jotain, että asiakkailla on oikeus odottaa. Turvallisuus-iskujen uhka on maailmanlaajuinen, ja mahdollisia seurauksia kaikille pienille yrityksille syyllisiksi tietojen puutteen vuoksi voi olla vakava, erityisesti jos, jos riippumaton rahoituspalvelujen neuvonantaja tai pieni lääketieteen käytännössä, ne ovat osa säänneltyjen teollisuuden. 2013 Tietoa turvallisuuden rikkomiseen tutkimuksen jäseneltä Business innovaatiotaitojen parantamiseksi osasto 87 prosenttia pienten ja keskisuurten yritysten (pk) Isossa-Britanniassa kokenut tietoturvaloukkauksesta viime vuonna. Lisäksi vaikuttaa yritysten kokenut noin 50 % enemmän rikkomuksia keskimäärin kuin vuosi sitten. Ja jos tämä ei ole jo tarpeeksi globaali nousu tietoverkkorikollisuutta valppaampia sääntely-ympäristön vaatimuksiin. Aiheeseen liittyen: http://www.sparkpeople.com/myspark/groups_individual.asp?GID=61067

Kiitoksia arpa ajaksi jakaminen objektimuoto päivityksen. Toivottavasti et kyllästy siihen viestejä yhtä informatiivinen kuin tämä.

Financial advisers stress that there are several money lessons everyone in their 20s should know. For example, start saving at least 10 percent of your monthly income. Changing your financial state requires a kind of time travel to commune with your future self. Where do you want to be in 10, 20 years? Are you on the right path, or heading in the wrong direction? The time value of money-that is, how savings, investments and debt levels compound with the passing of years-means that money habits, good or bad, created when we start to earn cash echo into the decades that follow. And a whispered bit of wisdom up front can keep you from howling over your mistakes later in life. We polled our NerdWallet network of Ask an Advisor certified financial planners about the greatest regrets and lessons you should learn in your 20s, 30s and 40s. Taken together, these could be considered 12 steps toward securing your financial future. And they all hinge on two keys skills we must learn-and often relearn-in our money lives: prepare and stick to a budget, and establish good savings habits. We'll address the 30s and 40s later this week, but first: your 20s. "Understand that the world has changed. You will be more responsible for your financial future in regard to earning a living, retirement planning, funding and investing, health insurance coverage and costs and less coverage through government programs," says Jerome Deutsch, managing director of U.S. Institutional Markets for Index Strategy Advisors in Decatur, Georgia. "Learn, plan and live mindfully and with a long-term perspective. It may not sound like fun, but you have a long life ahead of you."