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As you may know, CFDs (Contracts for Difference) are financial agreements between two parties. The buyer and seller agree to exchange the difference in value of an asset from the time a contract opens to when it closes. CFDs let traders speculate on price movements without owning the underlying asset.

Crypto CFDs are specifically tied to cryptocurrencies like Bitcoin or Ethereum. Traders predict whether prices will rise or fall based on that movement – without actually buying or selling the cryptocurrency itself.

If you intend to trade crypto CFDs, it is important that you are legally prepared. So, let’s explore the preparations you need to take.

Understand the Regulatory Environment in Your Country

Before trading crypto CFDs, research your country’s regulatory framework for both cryptocurrencies and CFD trading. Legal requirements differ widely between jurisdictions, and understanding these rules can protect you from violations or penalties.

Some countries fully regulate crypto CFD trading under their financial authorities, while others impose bans or restrictions. Others might have unclear regulations that leave traders at risk of legal issues.

Here are some key aspects to consider:

Check if crypto CFDs are regulated by local financial authorities.
Research any licensing or registration required for traders.
Identify if there are specific restrictions on leverage for CFDs.
Determine whether trading crypto CFDs is outright banned.

Stay informed through official government websites or trusted legal sources. Being proactive minimises unexpected hurdles later on.

Verify Broker Licensing and Legitimacy

Choosing a broker with proper licensing is critical to ensure your online crypto CFD trading complies with the law.

Unregulated brokers may pose significant risks, from fraudulent activities to inadequate consumer protections.

Here’s what you should investigate:

Confirm that the broker holds a valid license from a recognised financial authority.
Research their registration status on official regulatory websites.
Look for transparency regarding their operational terms and policies.
Ensure they segregate client funds in regulated accounts, as required by law.

And avoid brokers operating in jurisdictions known for lax enforcement or minimal oversight of financial services.

Review Taxation Policies on Crypto CFD Profits

Profits earned from trading crypto CFDs may be subject to taxes, depending on your country’s laws. Understanding taxation policies is crucial to avoid penalties or unexpected liabilities.

Here are essential factors to review:

Identify whether profits from crypto CFDs are considered capital gains, regular income, or a separate tax category.
Research applicable tax rates and reporting requirements for these earnings.
Check if losses can be offset against other taxable income or gains.
Understand the deadlines for filing returns related to trading activities.

Tax authorities increasingly monitor cryptocurrency-related transactions. Consulting a tax professional who specialises in digital assets ensures compliance with local regulations and prevents complications during audits or filings later on.

Being proactive avoids surprises when it’s time to settle taxes owed.

Study Risk Disclosure Documents Carefully

Every licensed broker must provide risk disclosure documents before you start trading. These outline the potential financial and legal risks involved with crypto CFDs, helping you make informed decisions.

Key points to review include:

Details on how leverage amplifies both gains and losses.
Specific risks tied to market volatility in cryptocurrencies.
Clauses detailing how margin calls or account closures are handled.

These documents also clarify whether the broker is obligated to protect client funds during extreme market events.

Assess the Legal Contracts Offered by Brokers

Before starting to trade, review the legal agreements your broker requires you to sign. These contracts set out your rights, responsibilities, and liabilities as a trader.

Focus on these areas:

Ensure transparency in fees or commissions charged for trades.
Look for clauses outlining dispute resolution processes.
Confirm whether negative balance protection is included to prevent debt beyond your initial deposit.
Understand terms related to margin requirements and forced liquidations.

Contracts should clearly explain how brokers handle unforeseen events like market outages or extreme price fluctuations.

Confirm Compliance with Anti-Money Laundering Laws (AML)

Anti-Money Laundering (AML) regulations aim to prevent illegal activities such as fraud, tax evasion, and money laundering. Traders must ensure their chosen broker complies fully with these laws.

Here’s what to check:

Confirm the broker’s verification process for Know Your Customer (KYC) compliance.
Review how transaction monitoring and reporting are conducted by the broker.
Ensure that withdrawal processes require proper identification to prevent unauthorised access.
Research if the broker is transparent about its regulatory obligations regarding AML policies.

Working with brokers adhering strictly to AML standards protects you from inadvertently becoming involved in unlawful financial schemes.

Legitimate brokers will always prioritise compliance over convenience, ensuring your trading activities remain secure and within legal bounds.

The Takeaway

Trading crypto CFDs requires thorough legal preparation to avoid compliance risks and financial losses.

Understanding regulations, contracts, and obligations ensures secure trading.

By staying informed, you will build a solid foundation for confident decision-making in this dynamic market.

Read more:
What Legal Preparations Are Needed Before Trading Crypto CFDs?

A Look at How One Oakland-Based Recruiter is Shaping the Future of Hiring

Leon Chang is not your typical recruiter. He is a strategist, a problem solver, and above all, a connector. Based in Oakland, California, Leon has spent years mastering the art of recruitment, blending technology with a human-centered approach. His career spans major companies like Tesla, Robert Half International, and Zum Services, where he has led large-scale hiring efforts and refined the hiring process.

Leon’s approach is simple: recruitment is about more than filling positions. It’s about understanding people. “A resume tells you what someone has done,” Leon says, “but a conversation tells you who they are.”

A Career Built on Connection

Leon grew up in Oakland, a city known for its diversity and resilience. He took those same qualities into his career. After earning a Bachelor’s degree in Economics, a minor in Communication, and a Master’s degree in Education from the University of California, Davis, he entered the world of recruiting.

His first major role was at Robert Half, where he specialized in recruiting for administrative, finance, and accounting positions. He quickly made a name for himself, earning global recognition as a top recruiter. He later worked at Tesla, where he helped scale leadership hiring for manufacturing teams.

At Zum Services, he faced one of his biggest challenges: launching 15+ school bus yards across multiple states. It required hiring over 1,500 drivers and 50+ staff members in a short period. “That was a turning point for me,” Leon reflects. “I realized recruitment isn’t just about jobs—it’s about communities, economies, and real impact.”

Now, Leon is returning to Robert Half as a Finance and Accounting Recruiting Manager, where he will focus on connecting businesses with top financial talent. His goal is to make hiring smoother, smarter, and more human.

The Role of Technology in Recruitment

Leon has seen the rise of AI, automation, and data analytics in hiring. While he embraces these tools, he warns against over-relying on them. “Technology makes hiring faster, but it doesn’t make it better,” he explains. “At the end of the day, people hire people, not algorithms.”

He believes AI can be useful in screening resumes, identifying hiring trends, and automating repetitive tasks. But when it comes to finding the right fit, nothing replaces direct interaction. “A candidate might not have every skill listed on paper, but if they have the right mindset and adaptability, they can thrive,” Leon says.

His philosophy is clear: use technology to enhance human connection, not replace it.

The Future of Hiring

Leon sees a major shift happening in recruitment. Remote work, skills-based hiring, and a greater focus on diversity, equity, and inclusion are changing how companies approach talent acquisition.

“More companies are prioritizing cultural fit and adaptability over just hard skills,” Leon notes. “And that’s a good thing. A great team isn’t just about who has the most experience—it’s about who can work together to solve problems.”

He also encourages job seekers to embrace the changing landscape. “Candidates need to be proactive. Build your skills, network with intention, and stay open to opportunities. The job market is evolving, and the most adaptable people will thrive.”

Lessons from Experience

Over the years, Leon has learned a few key lessons about success in recruiting and career growth. One of them? Follow up. “I can’t tell you how many times a simple follow-up email has led to an opportunity,” he says. “Persistence pays off.”

Another lesson: take risks. Early in his career, Leon hesitated on some opportunities because he didn’t feel 100% ready. Looking back, he wishes he had trusted himself more. “You don’t need to know everything before you start,” he says. “You learn by doing.”

He also believes in the power of relationships. “Your network is your career’s safety net. Build it before you need it.”

Balancing Work and Life

Recruiting is a fast-paced industry. The constant need to fill roles, meet deadlines, and manage client expectations can be overwhelming. Leon has found that stepping away is essential to staying focused.

“When I feel burned out, I go snowboarding, lift weights, or just take a walk,” he says. “It resets my mind and helps me come back sharper.”

Family and travel are also big parts of his life. “Spending time with loved ones reminds me why I do what I do. Work is important, but so is living.”

Final Thoughts

Leon Chang is shaping the future of recruitment—one hire, one conversation, and one connection at a time. His blend of technical knowledge and human insight makes him a standout in his field.

As he steps into his new role at Robert Half, one thing remains the same: his commitment to making hiring a smarter, more personal process. “The best recruiters don’t just fill jobs,” he says. “They change lives.”

Read more:
Leon Chang: The Recruiter Bridging Tech, Talent, and Human Connection

Moving can be one of the most stressful experiences in life. Whether relocating across town or across the country, the process involves organising, packing, coordinating logistics, and adjusting to a new environment

With so many moving parts, the experience can quickly become overwhelming. This is where a professional moving brokerage makes all the difference.

Coastal Moving Services understands the challenges that come with moving, and their mission is to make the entire process as smooth and hassle-free as possible. By connecting customers with trusted moving professionals and handling all pre-screening and logistics, they take the guesswork out of the relocation process.

Understanding the Role of a Moving Brokerage

Many people assume that all moving companies operate the same way. However, there is a major distinction between a direct carrier and a moving brokerage. A direct carrier owns and operates its own fleet of trucks, while a moving brokerage works with a network of licensed carriers to coordinate moves based on customers’ specific needs.

As a licensed moving brokerage, Coastal Moving Services does not directly transport household goods. Instead, they serve as an intermediary, ensuring that clients are matched with the best professional moving teams available. This approach allows for greater flexibility, cost savings, and a customized experience for each customer.

The Key to a Stress-Free Move

Moving doesn’t have to be a chaotic experience. The right planning, preparation, and professional assistance can turn what is often seen as an overwhelming task into a streamlined process. CMS prioritizes efficiency and customer satisfaction, ensuring that every relocation is handled with care.

Below are the key factors that set them apart and contribute to a stress-free moving experience.

1. Expert Pre-Screening and Vetting Process

One of the biggest concerns when hiring a moving company is trust. No one wants to entrust their valuable belongings to an unreliable mover. This is why Coastal Moving Services takes the pre-screening process seriously.

Before partnering with any moving company, a thorough vetting process is conducted to ensure that all movers:

Are fully licensed and insured
Have a proven track record of reliability and professionalism
Use high-quality equipment and trained personnel
Comply with FMCSA (Federal Motor Carrier Safety Administration) regulations

By doing the heavy lifting upfront, customers can feel confident that their belongings are in safe hands.

2. Customized Moving Plans for Every Customer

Every move is different, and what works for one person may not be ideal for another. A one-size-fits-all approach simply doesn’t work in the moving industry. That’s why CMS tailors each move to the client’s unique situation.

Customers can choose from a range of services, including:

Local Moves – Perfect for those moving within the same city or region.
Long-Distance Moves – Designed for those relocating to a different state or across the country.
Commercial Relocations – Businesses looking to move offices or facilities can receive specialized assistance.
Auto-Transport Services – Ensuring safe vehicle transportation for those who need it.
Corporate Moves – Helping employees relocate smoothly without disrupting their work life.

By customizing each move, the process becomes more efficient, cost-effective, and aligned with the customer’s specific needs.

3. Transparent Pricing with No Hidden Fees

One of the most frustrating aspects of hiring a moving company is unexpected costs. Many companies offer low initial quotes, only to surprise customers with additional charges later. CMS eliminates this issue by ensuring pricing transparency from the start.

The cost of each move is based on:

Carrier’s Published Tariff – Pricing is determined by the official rates set by the moving carrier.
Size and Weight of the Shipment – Larger and heavier moves may require additional resources.
Distance and Additional Services – The longer the move and the more services required, the more the cost varies.

Customers are provided with a detailed estimate upfront, so there are no surprises along the way.

4. Dedicated Customer Support from Start to Finish

Communication is a critical part of a stress-free move. Knowing where your belongings are, who is handling them, and what to expect brings peace of mind. Coastal Moving Services offers dedicated customer support, ensuring that clients receive clear, timely updates throughout the process.

From the moment a move is scheduled to the final delivery, the support team is available to:

Answer any questions or concerns
Provide updates on scheduling and logistics
Resolve any unexpected challenges quickly and efficiently

Having a direct point of contact eliminates confusion and makes the experience seamless.

5. Access to Full-Service Moving Solutions

Some customers prefer to handle certain aspects of their move on their own, while others want a completely hands-off experience. CMS offers access to full-service moving companies, which can include:

Packing and Unpacking – Professional movers handle all packing and unpacking, ensuring everything is safely secured.
Loading and Unloading – Movers take care of all the heavy lifting, preventing injury or damage.
Furniture Disassembly and Reassembly – Large or delicate furniture pieces are professionally handled.
Storage Options – If there’s a gap between moving out and moving in, secure storage solutions are available.

These additional services reduce stress and save time, allowing customers to focus on settling into their new home.

6. Stress-Free Moving for Businesses and Corporations

Moving a business is a high-stakes operation. Any downtime can result in lost revenue and productivity. CMS specializes in commercial and corporate relocations, ensuring that businesses can transition seamlessly without unnecessary disruptions.

Services for businesses include:

After-hours or weekend moving options to minimize impact on operations
Office furniture and IT equipment handling
Coordination with landlords and building management
Specialized logistics for sensitive business assets

By offering tailored solutions for commercial moves, businesses can continue running smoothly while the relocation is managed professionally.

A Moving Experience You Can Trust

Relocating should be an exciting new chapter, not a stressful ordeal. By working with a trusted moving brokerage, customers gain access to top-tier moving services without the headache of searching for a reliable company on their own.

The Coastal Moving Services difference lies in its commitment to transparency, customer satisfaction, and efficiency. From carefully vetting movers to offering personalized moving plans, the goal is to ensure that every relocation is as smooth and stress-free as possible.

Whether moving down the street or across the country, choosing the right moving partner makes all the difference. Coastal Moving Services stands ready to help individuals, families, and businesses relocate with confidence and peace of mind.

Read more:
The Coastal Moving Services Difference: How We Ensure a Stress-Free Relocation

Many energy and utility providers are offering great deals for those who make the switch. These providers often include packages containing options for electricity, gas and water.

While you may be happy with the service your current provider has in place, there are some excellent deals out there which can help you to save money. A great skill in this current climate.

However, saving on your bills isn’t just about choosing the right utilities’ provider. There habits you can take to reduce your costs. Not only will you save money, but have a positive impact on the environment too.

Energy-Saving Tips and Their Impact

As mentioned, there are a variety of steps you can take to reduce your energy consumption before you consider which provider you’re moving to. Getting into these habits will save you money. While also reducing your impact on the environment. For instance, you can turn off the standby on appliances as this doesn’t reduce their electricity consumption as much as you might believe.

These days, using energy-efficient lightbulbs is the norm, and this can help you save money even when the lights are on in the winter. This means changing from halogen bulbs to LED, which can lead to potential 90% energy saving while giving you the same amount of light. Additionally, if you change your shower and bath habits, you can save a lot on water too. Opting for a four-minute shower saves you more than if you had a bath. Other ways to save money, especially if you have to heat your house a lot, include professional DIY solutions. For instance, you should invest in more draught-proofing throughout the house, ensuring that there are no gaps around or under doors. You can also add insulation, which will improve your energy efficiency, saving you money when heating and reducing lost heat.

Choosing the Right Utility Provider

Understanding your energy bills and what they offer is essential if you are to accurately evaluate the different providers. Most providers in the UK do stick to the specifics when it comes to standard pricing. However, it is possible to make small savings here and there if you are willing to switch between providers. This is because you can often negotiate a far better contract. Many providers also offer specific deals to those who are switching, giving them great pricing perks for a few months. This can include the provision of smart meters, time-of-use tariffs and the use of renewable energy options. All of these can really help save you money on your bills, while also highlighting, and bringing to the fore, many of the environmental issues surrounding our energy consumption.

Leveraging Discounts and Promotions

Many providers are looking to keep or acquire new customers. To do so, they offer various discounts and promotions. These can be found when searching online or visiting the provider’s actual website. Alternatively, you can look at coupon and code sites such as Discoup.com: this site does the hardwork for you, looking through all the utility providers and the deals they have to offer. These discounts and codes are then listed on Discoup’s website making it easy for you to check all the utility providers and the offers they have in one convenient space. Instead of spending a lot of time searching for offers, you can spend that time determining which one is best instead. There are a great many offers you can find and utilize from this site too. And this includes making use of introductory offers, opting for bundled services, or accepting to use electricity during off-peak hours.

Practical Tools and Smart Technology

Once you’re up and running with your utility provider, make sure you’re keeping on top of your energy usage. Use smart home technology and tools for monitoring your energy usage as this will show you where you can save. Real-time usage tracking provides actionable insights into your energy consumption across specific products. With smart tariffs, you can also get more savings.

In short, thoughtful utility management has a lot of benefits. Not just for you and your purse, but the environment too. Take advantage of great deals, start some energy-saving habits, and stay proactive and informed when managing your utility choices.

Read more:
How to Choose the Right Utility Provider and Contract

Anna Wilding stands out as a prominent American and global executive, an award-winning director, producer, and photographer whose influential contributions have significantly shaped the entertainment industry.

Her extensive roles span studio and arthouse films, digital media, and strategic communications. Her contributions are permanently recognized in the Academy of Motion Picture Arts and Sciences Library, a testament to her impact in film and media. A staunch advocate for diversity and women’s rights, Anna actively incorporates these vital issues into her projects, championing inclusivity and equality. Her renowned photographic work, including “Celebrate Hope: The Obama White House Collection,” has garnered international acclaim and exhibitions, reflecting her artistic and cultural influence.

Anna Wilding also excels as a consultant and keynote speaker, imparting her knowledge at esteemed platforms including the Cannes Film Festival and global industry conferences. Committed to fostering the next generation of talent, she prioritizes mentorship and continuous education, ensuring her leadership continues to motivate and influence across the arts and beyond.

What initially sparked your interest in becoming a filmmaker and photographer, and how did your early experiences shape your career?

My journey into filmmaking and photography began with a fascination for storytelling, finding out  knowledge, for example plants in the Amazon,  and the profound way visual narratives can influence perceptions and evoke emotions. My early experiences taught me the importance of authenticity and the power of a well-told story. These formative years laid the groundwork for my career, guiding my approach to every project I undertake—always striving to blend artistic expression with meaningful impact.

Given the breadth of your experience across different media, how do you adapt your creative approach to fit the medium you’re working with?

Each medium, whether film, digital, or photography, has its own language and rhythm, and understanding this is crucial to effectively communicating through it. My approach adapts by immersing myself in the medium’s unique qualities—its pace, its intimacy, its scope. For instance, film allows for expansive storytelling with a deep emotional arc, whereas photography captures a  moment in time. Navigating these nuances is both a challenge and a delight, pushing me to be versatile and innovative.

As someone who has worked extensively within high-pressure environments, including the White House, what strategies do you employ to handle stress and maintain your vision?

Working in high-pressure environments demands resilience and a clear focus. I thrive in fast paced high pressure environments. I like to be busy. My key strategy is to remain centered and maintain perspective. Meditation and a disciplined routine help me manage stress. I also prioritize clear communication within my team, ensuring that everyone understands the vision and their roles. This not only helps in maintaining my vision but also fosters a supportive and collaborative work environment.

You’ve been a strong advocate for inclusion and parity for women. In your film and music video work an  underlying theme of combatting institutional racism can be detected. How do you ensure these principles are implemented effectively in your work?

Story of course first. However advocacy for  inclusion starts in the planning stages of any project and is important. Most of my work has strong underlying themes that I tell in unique ways. I make a conscious effort to involve a diverse group of talents and voices right from the outset, ensuring that the project benefits from a range of perspectives.This is complemented by fostering an inclusive set or work environment where everyone feels valued and heard. Implementing these principles effectively means they are not just tick-box exercises but are integral to the project’s ethos.

Reflecting on your extensive career, can you share a project that you found particularly challenging and rewarding?

One of the most challenging and rewarding projects was the “Celebrate Hope: The Obama White House Collection.” Capturing such a significant period in American history was both a monumental responsibility and an incredible opportunity. The challenge was to do justice to the historical significance while providing an intimate look at the presidency. The rewarding part was the overwhelming positive response from the public, who appreciated the humanizing glimpse into the lives of those in the White House.However the reasons I did it was far different. I didn’t like the racism I witnessed and wanted to move the axis on that, even just a tiny bit. I drilled down on all that in my exhibit walk throughs..

How do you stay current and relevant in an industry that is constantly evolving with new technologies and trends?

Staying current in this dynamic industry or any industry means being a lifelong learner. Technology moves so fast.  I regularly engage with new technologies and methodologies and collaborate with younger professionals whose insights often provide fresh perspectives.  I loved returning to study at university recently.

Can you discuss a moment in your career that was a significant turning point for you personally or professionally?

A significant turning point in my career was the decision to not be concerned about the medium in which I tell a story for example – still photography or movie- and to continue to focus on projects that not only entertain but also inspire and educate. I like to contribute meaningfully through my work. I choose or write projects that align with my values and ambitions to affect change, such as documentaries on social issues and films that challenge societal norms.

What role has mentorship played in your career, and how do you approach mentorship within your teams and projects?

Mentorship is invaluable. I take mentorship seriously within my teams, offering guidance and support to emerging talents. I believe in empowering my team members by entrusting them with responsibilities and encouraging them to take initiative, which promotes growth and confidence.

Looking ahead, what are some unexplored areas or themes you are interested in pursuing through your work?

Looking forward, I’m particularly interested in exploring themes related to global interconnectivity and environmental sustainability. These are pressing issues that affect us all, and I believe media and film have the power to make impactful contributions to these global conversations. Additionally, I’m looking to delve deeper into immersive storytelling through virtual reality, which can offer new ways to experience and empathize with these critical subjects.

Finally, what advice would you give to young artists and filmmakers who aspire to use their work as a tool for social change?

My advice to young artists and filmmakers is to remain true to their visions and to use their platforms responsibly and positively.  Art is a powerful tool for social change—it can challenge perceptions and inspire actions. Stay informed, stay truthful be bold in your endeavors, and always aim to contribute positively to the world. Remember, every piece you create has the potential to resonate, educate, and transform positively.

Read more:
A Conversation with Anna Wilding: Navigating Art and Influence in a Dynamic World

AI is everywhere – powering chatbots, automating reports, predicting market trends. But hiring AI developers isn’t always the right move.

Some companies invest in AI teams too early, only to realize they don’t have a clear use case. Others hesitate, missing out on competitive advantages.

So, how do you know when it makes sense to hire an AI developer? Single specialist or an entire AI team? And what’s the best way to manage costs while ensuring AI projects deliver results? Igor Izraylevych, CEO & Co-Founder of S-PRO, shares his insights on when hiring AI talent is worth it, how team augmentation works, and why AI expertise comes at a premium.

— Igor, AI is transforming industries, but do you always need an entire AI team, or can hiring a single AI developer be enough?

Igor: Not every business needs a full in-house AI team. In many cases, hiring an AI developer is the smarter choice. One experienced AI specialist can handle adding AI-powered features to an existing product.

The same goes for prototyping. No need to invest in a full team if you just want to test an idea. Bring in an AI developer to build a proof of concept and see if the technology delivers the results you expect.

Another case is AI model customization. Many businesses try using pre-trained AI models but realize they don’t work as expected for their specific industry. An AI developer can fine-tune the model to make it more accurate and relevant.

So, yes, hiring a dedicated AI developer makes perfect sense for companies that need AI expertise without the overhead of managing an entire department.

— That makes sense. But how does AI team augmentation work if a company already has an in-house tech team?

Igor: AI team augmentation is a flexible way to add AI expertise without restructuring your existing team. The typical process is the following:

Bring in an AI specialist who works alongside, if your developers don’t have AI expertise;
Speed up the project with an external AI developer if your project is facing a tight deadline;
Expand your team without long-term hiring commitments, if you want to scale temporarily.

— You also mentioned CTO-as-a-Service. Can you explain how that works and when businesses should consider it?

Igor: Sure. Not every company needs a full-time Chief Technology Officer (CTO), especially if we are talking about startups and mid-sized businesses. But AI projects require strong technical leadership.

That’s what CTO-as-a-Service is about – instead of hiring a full-time CTO, you can bring in an AI-focused executive on a fractional basis.

This model works well if:

You’re a startup without a tech lead and need AI guidance.
You’re scaling your AI product and need a strategic technology roadmap.
You’ve got a tech team, but they lack experience with AI infra or deployment.

Artificial intelligence adoption isn’t just about algorithms. Many business owners I speak with say their main struggle with AI adoption isn’t the tools, but the lack of leadership to make it work.

— AI developers are in high demand, and their salaries are much higher than traditional software engineers. Why is AI talent so expensive?

Igor: AI developers typically cost 20% more than other software engineers, and there are a few reasons for that.

Specialized skills – AI isn’t just about coding. Developers need expertise in machine learning, neural networks, data science, and statistics. That takes years to master.
Limited supply – AI talent is scarce. The demand is high, and companies compete for the best developers.
Computational resources – AI requires powerful GPUs, cloud computing, and massive datasets. These add to the overall cost of development.
Constant learning – AI evolves rapidly. The best developers stay ahead of new research and techniques, making their expertise even more valuable.

That said, investing in AI developers pays off. Businesses that work with experienced AI professionals get more accurate models, better automation, and AI solutions that actually deliver results.

— What’s your advice for businesses considering AI but unsure where to start?

Igor: My advice is start small, but start smart. You don’t need to build an AI-powered product overnight. Instead:

Identify one AI “area-of-impact” – whether it’s automating customer support, improving financial forecasting, or detecting fraud.
Work with an AI expert to build a prototype. You’ll quickly see if AI makes sense for your business.
Scale gradually – once you see value, you can expand AI integration step by step.

— To wrap up?

Igor: AI is not a trend – it’s a tool. Businesses that adopt AI strategically will have a huge advantage in the coming years. The key is not just artificial intelligence development but building the right one. That’s where working with experienced AI developers makes all the difference.

Read more:
Key Benefits of Hiring AI Developers for Your Next Project

The number of company insolvencies rose sharply at the start of the year, reaching a level not seen since the financial crisis, according to the latest figures from the Insolvency Service.

More than 1,900 businesses went under in January—10.7 per cent more than a year earlier—meaning nearly 500 firms a week were forced to fold.

Aside from 2009, when the economy reeled from the global credit crunch, last month’s total was the highest recorded for any January since official data collection began in 2000.

Tim Cooper, president of insolvency and restructuring trade body R3, highlighted that many of these cases were voluntary liquidations, suggesting owners were choosing to wind up solvent businesses. “Years of challenging trading conditions are taking a toll,” he said, “and with an increase in the national minimum wage and employers’ National Insurance contributions on the horizon, it appears some directors are stepping away before costs become unmanageable.”

From April, firms must grapple with Chancellor Rachel Reeves’s Budget measures, which include a £25 billion tax raid on employers through higher National Insurance. That same month, they also face a 6.7 per cent rise in the National Living Wage—exceeding most private-sector expectations.

Some analysts say the spectre of additional legislation—such as Deputy Prime Minister Angela Rayner’s Employment Rights Bill, set to cost businesses an estimated £4.5 billion annually—may be accelerating decisions to close up shop. Many of these burdens come on top of persistently high energy bills, fallout from Russia’s invasion of Ukraine and interest rates which, although trimmed recently, remain far higher than their pre-pandemic levels.

“Companies have faced climbing expenses for a prolonged period,” Mr Cooper added, “and consumer confidence has been dented. Meanwhile, creditors have become less tolerant in chasing outstanding debts, including HMRC, which has reverted to a more stringent stance.”

The figures show a fresh blow for businesses that had already endured a subdued Christmas trading season. Retailers and hospitality venues have struggled with low consumer spending, while VAT and PAYE arrears are being pursued more aggressively. Lawyer Gavin Kramer from Collyer Bristow also warned: “Firms continue to struggle, and there are few clear signs of economic growth.”

Before January’s jump, overall insolvencies had been in decline since last June—but these numbers confirm that thousands of directors have now decided the best option is to close before spring’s raft of cost increases bite.

A Treasury spokesman declined to comment on the data.

Read more:
Insolvencies soar to 16-year high as tax hike drives bosses to close up shop

Britain has emerged as the most unpopular market worldwide among leading fund managers, as growth stalls and inflation lingers following Chancellor Rachel Reeves’s Budget.

A monthly survey by Bank of America reveals the UK is the least attractive country for investors, ranking below bonds, cash, energy and utilities in terms of appeal.

The findings come amid signs of a fragile domestic economy. Recent data showed GDP inching up just 0.1% in the final quarter of 2024, driven predominantly by a rise in government spending. The private sector, by contrast, contracted over the same period, and business investment has plunged since the Budget’s £25bn raid on employers’ National Insurance contributions.

Elyas Galou at Bank of America says the data illustrate a textbook case of “stagflation” in the UK: subdued growth coupled with stubbornly high inflation. “When I speak to investors, I often ask when they last heard positive news about the UK. They typically struggle to answer. It’s fundamentally a growth problem,” he notes.

Global investors are increasingly drawn to the US and the eurozone, with the UK experiencing outflows of $129bn since the Brexit vote in 2016, nearly half of the total assets managed by UK equity funds. Over the same period, US equity funds attracted $1.1 trillion in fresh money, underscoring a massive pivot away from Europe—particularly Britain.

While the Government aims to court foreign investment to spark long-term economic expansion, sentiment remains entrenched in negativity. The Chancellor’s recent visit to China and rekindled trade talks with India highlight Whitehall’s push to draw international capital, yet renewed faith in Britain’s growth story remains elusive.

Read more:
Investors pull back from UK as economic gloom deepens

Britain’s hospitality and retail sectors are gearing up for April’s looming tax hike on employers’ National Insurance contributions (NICs) alongside a sharp rise in the minimum wage, both of which have industry leaders warning of further job losses and price increases.

Dominic Chapman, who runs The Crown Burchetts Green and Restaurant Dominic Chapman in Henley, is preparing by trimming costs and suspending investment:

“It’s about battening down the hatches. We’re being very cautious with headcount and, ultimately, it could force up prices just to keep the doors open.”

It is a common refrain across restaurants, pubs, cafés and hotels, which face what many are calling a £25bn ‘raid’ under measures set by Chancellor Rachel Reeves. Official data reveals that the number of workers employed in accommodation and food services dropped by 58,000 between January 2024 and January 2025. Retail, wholesale and car garages also shed more than 36,000 roles in the same period.

From April, employers face an increase in NICs from 13.8% to 15%, while the earnings threshold at which contributions start will be slashed from £9,100 to £5,000. Combined with a 6.7% rise in the National Living Wage, analysts at the Institute for Fiscal Studies (IFS) estimate a single full-time minimum-wage employee could cost more than £24,000 per year.

Paul Pavli, a hospitality consultant and non-executive director at Yummy Collection, says such mounting costs leave operators little choice but to hire fewer staff, while searching for top-quality recruits who can manage heavier workloads: “We’re looking at a 10% increase in labour costs per person. If you have 10 full-time staff, that mounts up significantly.”

Both hospitality and retail have already endured steep pay increases. The latest wage growth data showed a 6.6% annual rise in the sector in 2024, partly stemming from last April’s near-10% jump in the minimum wage. Such swift increases have caught the attention of the Bank of England, concerned that entrenched wage pressures might prolong inflation—potentially limiting or delaying further interest rate cuts.

Official forecasts indicate inflation could rise from 2.5% to 3.7% later this year, partly because of surging energy costs and, increasingly, price hikes as firms respond to the NICs changes.

While hospitality and retail grapple with declining headcounts, government hiring has surged. Health and social care roles have expanded by 92,000 over the past year, almost mirroring private-sector losses in retail and hospitality.

Economists note that economic inactivity—which includes the long-term sick and those not seeking work—has slightly improved. Still, business owners like Andrea Rasca, founder of the London-based food market chain Mercato Metropolitano, fear a tide of closures if the Government presses on with its NICs rise: “It feels as if they want only the biggest chains to survive. Rising taxes are setting up smaller, independent outlets to fail.”

The Bank of England’s Monetary Policy Committee is under pressure to strike a balance between countering inflation and avoiding undue harm to businesses. Economists at the EY Item Club expect the Bank to proceed cautiously when considering further rate cuts, mindful that higher taxes, wages and energy bills could create fresh inflationary risks.

Meanwhile, restaurants, pubs and shops are braced for a challenging spring, weighing whether to increase prices, cut jobs, or both. As Chapman observes, balancing the need to stay solvent against offering value and retaining staff has become a difficult juggling act—one likely to intensify once April’s tax changes arrive.

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Restaurants brace for Reeves’s £25bn tax raid as hospitality job cuts loom

Wales’ aspiring business owners are being encouraged to take advantage of the latest Business Wales Accelerated Growth Programme.

Applications are now open for a new 10-week virtual Start-Up Accelerator Programme, launching on Tuesday, 13 May 2025 and concluding on Friday, 18 July 2025.

Designed to help innovators transform ideas into thriving ventures, the programme combines expert coaching and interactive masterclasses to guide participants through developing a robust business model and securing their first paying customers. Integral to this year’s programme is an emphasis on artificial intelligence (AI), with workshops showcasing cutting-edge AI solutions for market research, operational efficiency and creative innovation.

This immersive accelerator is open to Welsh entrepreneurs with pre-revenue ideas that could generate more than £1 million in annual turnover and create ten full-time jobs by 2029, especially those with export potential. Organisers are committed to accessibility, offering support to help reduce barriers to participation.

Andrea Jones, a previous participant and winner of the Accelerator Champion Award in 2024, credits the scheme with helping her launch VisVira, a pioneering business in AI agent assistants and AI employees: “The Start-Up Accelerator Programme transformed my business concept into a market-ready venture. The mentorship and collaborative environment gave me the clarity and confidence to develop VisVira. Participating was invaluable, enabling me to turn my vision into actionable results.”

The new accelerator features a mix of webinars, masterclasses, and one-to-one mentoring delivered by seasoned entrepreneurs and growth experts. Participants can benefit from peer-to-peer networking, PR opportunities to raise their business profile, and a high-profile awards event celebrating their achievements at the programme’s conclusion.

Richard Morris, Programme Director of the Business Wales Accelerated Growth Programme, said: “The Business Wales Start-Up Accelerator Programme provides participants with the tools, expertise and support networks needed to transform promising ideas into sustainable businesses. By embracing AI and other innovative techniques, we ensure Welsh entrepreneurs are well-prepared to flourish in an increasingly competitive market.”

Richard Selby, Chair of the Institute of Directors (IoD) Wales and a judge for the programme’s awards, concluded: “Wales has a proud tradition of entrepreneurship, and this programme provides an excellent platform for the next generation of business leaders. Through innovation and practical support, the accelerator offers participants a unique chance to turn their bold ideas into thriving enterprises.”

The application deadline for the Start-Up Accelerator Programme is Monday, 31 March 2025, with the programme running from 13 May to 18 July 2025.

Aspiring entrepreneurs eager to propel their ventures to the next level can register their interest here: https://events.newable.co.uk/events/1357/business-wales-start-up-accelerator-may-2025

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Welsh entrepreneurs get chance to fast-track success with virtual start-up accelerator