Author: Power Shift

Running a Successful Taxi Operation

The taxi industry in the UK is a huge one, with countless taxi firms scattered throughout the country. If you’re curious about what’s required in order to run a successful taxi operation then you should find the information below very informative. Invest in a range of cars and minibuses When you run a taxi firm, you need to be able to cater to the needs of different types of customers. Often a journey will just be for 1 or 2 customers so a regular car is plenty but if there’s a large party of people who need a ride...

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Practicalities of Running A Trucking Company

If you’ve ever wondered what it takes to run a successful trucking company then you should find this post extremely interesting. Trucking companies account for a big part of the UK’s economy, with thousands of trucks transporting goods across the country everyday. Below are the key things required in order to run a successful trucking company. Getting trucks The most obvious thing that’s required in order to run a trucking company is the trucks themselves. There are many decisions to make where this is concerned. Do you buy new or used? Buy or lease? When it comes to buying or...

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Working as an Uber Driver

Uber is a company that’s seen incredible growth over the last few years. Although it remains most popular in the United States – the country where it was founded; it has expanded to several other European countries, including the UK. If you live in the UK and want to become an Uber driver then you should find the information in this post extremely useful. Before covering the insurance requirements for Uber drivers in the UK, let’s first look at the requirements for working as an Uber driver.  Requirements In order to become an Uber driver, you need to meet the...

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A Guide to Company Fleet Insurance

When you run a business that relies on the use of vehicles for day-to-day operations, you have to think about security and getting the best cover. For companies that own several vehicles, by far the best way to insure them is by getting a fleet insurance policy. The benefit of company fleet insurance is that it enables you to insure all your vehicles together on one policy. This not only makes things much easier to manage but it’s a great way to save money on insurance costs too. Another benefit of company fleet insurance is that you can insure...

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Tesco Fined Over Accounting Scandal

Following investigations started by the Serious Fraud Office and Financial Conduct Authority in 2014 into the Tesco accounting scandal, the UK’s largest retailer has been ordered to pay £235m to settle the enquiry. Requiring final court approval, a fine of £129m has also been issued as part of a deferred prosecution agreement (DPA). A trading statement by the retailer on 29 August 2014 had resulted in the loss of around £85m to investors, a figure which Tesco have agreed to pay back in a deal struck with the FCA. The remaining amount encompasses the legal costs associated with the...

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