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5 Reasons To Invest In Gold

Sam Allcock
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5 Reasons To Invest In Gold

Any investor would naturally wonder whether a specific asset would be a good investment or not. This is especially true for gold, given that it is an inert metal that doesn’t earn interest. It has several advantages as an investment because it is proven to safeguard your capital over the long term. Due to this, gold’s price tends to increase anytime, even when the world equity market is volatile. The fact that the prices are consistent worldwide and are essentially the same everywhere is another benefit of choosing it.

If you have a significant investment in gold, you should keep an eye on gold price tracking to keep up with the always-shifting prices. Here are five reasons to look forward to it.

  1. It Protects Against Inflation Risks

The consistently excessively high gold rate in inflation helps to combat inflation over the long term. Therefore, it provides a safety net when the market price of other stocks is unstable. If you havekept an eye on the market, you know that it has doubled over the last five years, demonstrating that its inflation rate is consistently high. In addition, it is one of the few tangible assets which gives investors a sense of security. Additionally, buying gold is more straightforward than buying other tangible assets like real estate.

  1. It Is A Good Long Term Investment

You must save money for the future when you receive a regular paycheck. But let’s say you decided on real estate as a future investment, but you won’t be able to put tiny sums of money into it. However, purchasing gold is the best alternative. Additionally, you will receive an authenticity certificate, guaranteeing you the best price should you ever decide to sell it. This will protect your funds for the future, and you’ll be able to earn significant returns over time.

  1. Easy To Buy And Sell

It is simple to purchase, and it is simple to sell. However, you can track the prices from trustworthy sites to check the current price before selling it. Remember that there is always a need for gold; therefore, you don’t need to worry about selling your possessions, and they will be exchanged for cash immediately. So, it is the best course of action if you have an urgent need.

  1. It Provides Decent Returns

The downside risks, caused mainly by price declines in stocks and bond yields, can be reduced if you have a proper asset allocation by holding gold. Because debts and equity have a fragile negative association with growth, they cannot coexist. Consequently, they aid in reducing the risks associated with other investments. Gold is one of the finest investments because it offers good risk-adjusted returns and helps you manage your risks even when your equity or debt instruments don’t deliver the expected profits.

  1. It Does Not Require Much Maintenance

The best thing about investing in gold is that you don’t have to worry about maintaining it and may store it safely for centuries. It differs from purchasing real estate because you don’t need to retain it. It doesn’t require care, and you can keep it for many years.

Conclusion

Gold is a fantastic asset because it is very stable, and it has shown itself to be a wise investment at each stage. In conclusion, gold assets can be redeemed considerably more quickly in times of need than other tangible investments. However, you must remember to always purchase from authentic sources.

Secured vs Unsecured Loans

Sam Allcock
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Secured vs Unsecured Loans

Starting and growing a business requires capital which some people don’t always have at hand. Whether the capital is used to hire new employees, open new commercial offices or even buy equipment. Either way, if used wisely, the benefits can be endless.

The most common types of loans for businesses are secured or unsecured. Both options can help companies cash flow, but which business finance option is best for you?

What is a Secured Loan?

Secured business loans are a ‘credit agreement’ where lenders provide businesses with a certain amount of money, and in return, you give them security over a residential property (when a business’s property or an owner’s residential property is used as collateral).

Basically, the amount of money businesses can get from secured loans will depend on the available equity in their property/properties. Put simply, the more equity you have in your chosen assets, the more money you will be able to get.

Because of the collateral, there is less risk for lenders which essentially makes it easier to get approved. This also means businesses can borrow funds for longer periods, up to 30 years, which also benefits them as their monthly repayments won’t be as substantial.

When applying for secured loans, businesses must have the following details ready:

  • Business details: full business name and details of guarantors
  • Permission to perform personal searches
  • Amount required, the length of borrowing and the reason funds are required
  • Details of the security property (including full address, approximate value, and details of any existing charges)

What is an Unsecured Business Loan?

Unsecured business loans are typically used for pretty much any business purpose, from purchasing stock, covering bills or refinancing existing debt. Unlike secured loans, secured business loans do not require any collateral. The lender sends you cash and you promise to pay them back in the future, with interest.

Unsecured business loans are a great way to pay off things and bring capital to your business without providing security in the form of a property, which is one of the biggest risks with secured loans.

An advantage of unsecured loans is that the interest rates are also getting cheaper – starting from 3.9%, which is actually less than some mortgage interest deals available in the market.

Applicants will need the following when applying for an unsecured loan:

  • Last 6 months’ bank statements
  • Company accounts
  • Personal details of the business director

Which is best for your business?

Secured and unsecured loans can both provide businesses with significant growth opportunities, but it’s important to keep the following in mind when making the decision for both, for example, are you willing to offer UK property as security, and how quick do you require the funds?

Flexibility vs cost

Although secured business loans are cheaper and more common than unsecured loans, they come with a lot less flexibility. For example, secured loans usually come with locked periods and early settlement fees, so there may be some challenges if you decide you want to repay your loan early.

Whereas unsecured business loans allow you to settle early without paying a penalty, as well as making overpayments towards your loan to reduce monthly commitments.

In summary, it comes down to whether you are willing to use UK property as security, as without this a Secured Business Loan is not possible to access. Interest rates are becoming more competitive in the Unsecured space, so flexibility also becomes a key factor when considering what option works best for your business.

To conclude, both secured and unsecured business loans have their benefits. To help you make your decision, speak to industry experts to understand what option works best for your business.

Sourced Capital sees record demand for property investment in the first half of 2022

ABC Staff
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Sourced Capital sees record demand for property investment in the first half of 2022

●      Sourced Capital received FCA authorisation and acquired Peer Funding Limited earlier in the year

●      Company provided over £10 million of loans to property developers while maintaining 100 per cent record on repayment to investors

Warrington, 25 July 2022: Sourced Capital, a leading UK property investment platform and wholly owned subsidy of the Sourced Group, today announced performance figures for the first half of 2022. The results include just five months’ trading since Sourced Capital received FCA direct authorisation and acquired Peer Funding Limited in February and demonstrate strong demand from investors and borrowers alike.

In the first half of the year, Sourced Capital has drawn seven new deals, providing £10.408 million of funding to support SME property developers and help deliver their projects located throughout mainland UK.

Sourced Capital has also continued to demonstrate its strong credit management track record by maintaining 100 per cent repayment of all capital and interest to investors on non-active loans. Equally important when reviewing performance, moving into the second half of the year, none of the current loan book is in default or distress.

The company has seen the number of registered, qualifying investors surge threefold, with the increasing funding capabilities exemplified by Sourced Capital providing its largest loan to date – a £5 million loan for a landmark development project in Taunton. Strong appetite from investors to invest in property loans across the UK has led to some of the property loans funding in minutes.

The second half of 2022

Sourced Capital is set to surpass its projections for 2022 with a strong pipeline of new deals already in place. The company is continuing to grow the size of their team to accommodate the ongoing controlled and consolidated growth.

As the fintech funding arm of Sourced Group, Sourced Capital provides asset-backed property development investment opportunities to sophisticated, high net worth (HNW), corporate and institutional investors. It will continue to increase the levels of funding for viable residential property developments in the UK, and with a  focus on more sustainable housing.

Sourced Capital uniquely only funds property development projects from Sourced Franchise, its exclusive network of property developers, meaning all borrowers are directly connected to the Sourced Group.

Commenting Derek Pratt, Commercial Director at Sourced Capital, said: “After a strong start to the year, we are excited to be witnessing ongoing growth and we are very well positioned for the remainder of 2022 and beyond.

“We are seeing increasing investor and borrower demand, notwithstanding the economic uncertainties impacting the country. Sourced Capital benefits from a senior team with significant experience across the directly relevant sectors of property, finance and technology. This proven knowledge, when combined with rigorous due diligence and credit management processes, has enabled such a robust performance.”

The property investment company is seeing strong demand from property developers in the regions for opportunities to carry out refurbishment, mixed-use, and new build property schemes.

Sophisticated, HNW and institutional investors are constantly looking for opportunities to diversify their investment portfolios, and this type of property investing is proving popular due to the returns that can be achieved.

This type of investment is not appropriate for everyone but considering the combined benefits of first-charge property security, the capability to use ISA allowances or pension funds for tax-free interest returns, and robust ongoing credit management, it is understandable why Sourced Capital is seeing increasing numbers of investors approaching them to establish a trading relationship.

Technology businesses have a duty to help employees as well as themselves in energy crisis, says STX Next

ABC Staff
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Technology businesses have a duty to help employees as well as themselves in energy crisis, says STX Next

Just as companies should support employee wellbeing in the workplace, now is the ideal time to extend this support further

After the seismic shock of the pandemic, families and individuals across Europe and beyond are grappling with a once-in-a-generation energy crisis. While businesses in the technology industry are rightfully taking steps to help safeguard their organisation’s future, there is also more they can do to help their employees cope during this time of financial hardship. This is according to STX Next.

In the short term, tech companies are putting a range of policies in place to reduce their energy expenditure. These include installing modern lighting solutions such as motion sensors and timers in offices, and expanding workplace practices such as green coding. However, Maciej Dziergwa, CEO of STX Next, believes that efforts should be made to help employees on a personal level, particularly those still frequently working from home.

Dziergwa said: “Some organisations have offered pay rises or one-off bonuses to employees to help them cope with higher bills and the impact of rampant inflation. These serve a short-term purpose, but helping employees to develop more permanent energy-saving habits will ensure they come out of this crisis in the best possible shape.

“In the immediate term, this means providing comprehensive guidance to workers on how they can minimise their energy usage at home without significantly impacting their wellbeing. After all, the rise of remote and hybrid working has given businesses more flexibility around energy costs than they had before the pandemic, so leaders should be figuring out how they can pass this flexibility to their employees too.

“Think of the methods you employ in the office to keep energy expenditure down, and spend some time figuring out how the same principles can be adapted for the home. Initiatives such as cycle-to-work schemes or simply the provision of bicycle parking at the office will also ensure employees spend less on fuel when not working from home.

“In the longer term, it’s crucial to lead by example and commit fully to sustainability and decarbonisation projects, all of which rely in some way on efficient use of energy to be successful. Sustainable companies can inspire their employees to make more conscious energy decisions at home, which will bring major benefits during this energy crisis and any others down the line.”

To really make strides in energy efficiency, Dziergwa believes that technology companies should consider the potential of AI and machine learning in this area.

He concluded: “Leveraging data, AI and machine learning capabilities can be instrumental in identifying areas where energy is being wasted and work out how to address issues. As discussed above, anything you do learn during this process can then be adapted into advice for remote workers to apply while at home. In a situation such as this, every little helps, so being prepared to think outside the box to help your employees will pay dividends.”

After Elon Musk pulled back on $44bn deal to buy Twitter – what does it mean for M&As in 2022?

ABC Staff
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After Elon Musk pulled back on $44bn deal to buy Twitter – what does it mean for M&As in 2022?

The world’s richest person and Chief Executive Officer of Tesla – Elon Musk – stated on Friday 22nd of July that he was terminating his $44 billion deal to buy Twitter because the social media platform had failed to provide accurate user information regarding bot and fake accounts. Global M&A deal value reached the highest level on record in 2021, however, economic uncertainty, low valuations caused by high inflation and a rising cost of capital saw successful M&A deals drop 10% in Q1 of 2022 from the previous quarter. Although various surveys indicate optimism remains bullish towards the next 12 months, the number of mega deals (valued greater than $1 billion) has dipped by over a third. Trachet – business advisory and startup accelerator – highlights the fact that between 70-90% of deals fall through and that startups must be prepared and have enlisted the help of expert advisors to help get an M&A over the line.
 
As UK startups at many stages are experiencing an absence of funding, navigating a successful M&A has become their only alternative, particularly for those with a high cash burn. For those looking to navigate an exit, it is critical to consider the various factors that can cause a deal to fail. Aside from various regulatory challenges and cultural implications which hamper deals, in many occasions the factors that ensure a successful M&A are preparation and time. It usually takes at least 3-6 months to execute an M&A, from devising a step-by-step plan, identifying the right companies, and closing the deal. When there’s a forecasted cash flow issue this is the window for startups to develop the best possible terms for an exit strategy. If the business does not have a CFO but is predicting a negative cash flow cycle with the possibility that investors may pull their funding, hiring a CFO is crucial for conducting an M&A.

According to data from Deloitte, nearly two-thirds (63%) of businesses report that the success of their M&A was moderately or highly dependent on a successful transformation – often led by a senior level and external advisor. In order for startups to take advantage of the exit opportunities, Claire Trachet outlines the importance of bringing an experienced CFO or COO to implement transformational changes to working capital, reorganization, increasing cost reduction, and legal entity restructuring to secure the best deal possible.
 
Business advisor, Claire Trachet, CEO & Founder of Trachet comments on the VC pullback of 2022:
 
“As global funding continues to recede, it is the late-stage startups with a negative cash flow that have raised money at high prices, that are going to be the most compromised – the well of easy money has dried up.
 
“My best piece of advice in these challenging times is to assess end goals – perhaps in light of what’s happening, a better course of action may be to consider an exit, or conversely there may be another company worth acquiring to fortify and expand existing operations. The point is to keep moving forward, that means being diligent with the business’s working capital by optimising cash flow, reviewing the contracts you have with your clients and minimising accounts recievables. Applying this mentality to the whole of the organisation is going to be key in the next year, whether you’re entering a fundraising round or considering an exit – ideally startups should be doing both.”
 

Claire Trachet is also available to discuss the following points pertaining to the steps start up founders can take to navigate through their first recession:
 
•              The challenges that founders will face in trying to scale up over the next 18 months
•              The evolving nature of the start-up arena for the UK
•              Her experience in providing proper structure to scale-ups looking to secure finance or exit
About Trachet:

The Trachet advisory team has been helping founders accelerate growth since 2016, utilising decades of cross-industry experience as one of the only female-led teams in the sector. Trachet also firmly believes in the importance of sourcing and matching the right buyers for their clients. Their people-first approach ensures that the businesses and founders they work with are able to secure finance or complete deals in a way that allows the company to achieve their commercial growth goals while fulfilling their mission.

Trachet has significant experience of working across sub-sectors in Tech, such as CleanTech, DeepTech (AI, NLP, University spin-outs), TravelTech, FinTech, SaaS, marketplaces. Beyond Tech, they have provided their advisory services across a number of sectors including Chemicals, Infrastructure, Healthcare and Natural Resources.

How Buyers Can Navigate the Current Property Market: A Five-Step Guide

ABC Staff
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How Buyers Can Navigate the Current Property Market: A Five-Step Guide

A severe imbalance between supply and demand has driven house prices to the highest levels in almost two decades. Alongside this, soaring inflation, a record-breaking living squeeze, an energy crisis, and the repercussions of last year’s Stamp Duty Holiday have resulted in a ‘boom or bust’ rhetoric, further emphasised by contradictory advice from experts all across Britain. Earlier this month, house prices increased for the seventh consecutive time, while interest rates went up for the fifth time in June – and are expected to continue rising in the coming months.

In one of the toughest socio-economic periods and markets of British modern history, property concierge platform, Moveable, has created the definitive guide to help struggling buyers navigate the peaks and troughs of the ever-changing trends of the UK’s housing market. 

How to Beat the Competition:
As a buyer in today’s market, competition is one of the main factors holding back prospective buyers from securing a home. Because of this, demonstrating how prepared you are when looking to buy a property, and being ‘contract ready’, will always be an attractive feature for sellers. If you can approach the seller and validate that you have everything prepared – like having your mortgage agreed, conveyancer lined up, and if you’re selling a property, have that organised –  it can make you a more attractive buyer.

Some sellers won’t mind knocking the price down if buyers come in being contract-ready. Many people are looking to sell their property as quickly as possible due to various financial reasons – especially in the current economic climate – so if you have everything ready, it may result in the option to negotiate a lower price.

A Guide to Conveyancing
Research from The Law Society reveals that over a third of home-movers have limited knowledge when it comes to conveyancing, while one-in-four homebuyers are willing to pay more for a faster conveyancing experience due to lengthy delays. With a severe backlog within the process – fuelled by last year’s stamp duty rush – homebuyers are still facing significant delays in this area.

It is important to ensure that you’re well-prepared for this process – make sure you have money on account (around £400) before the conveyancing process begins, have proof of ID ready, check and provide your source of funds, remain proactive and communicate with your conveyancer, and don’t forget to apply for buildings insurance. Many home-movers lack the knowledge around conveyancing; therefore, being as prepared as possible could assist with shortening delays in this area.

Keep Your Eye Out for Regeneration Projects:
When looking for an area to buy in, be wary of any regeneration projects that are going on as a report from CBRE found that houses in these parts of the country enjoy almost 5% above the average price growth. This means that your home will likely grow in value after purchasing which could provide you with some much-needed spending power when moving to your next and potentially bigger property. This also represents a significant opportunity for any budding developers who are looking to flip their first home for a profit. Proprietary research from Moveable shows that a staggering 24% of millennials are looking to buy a home to develop, rather to live in, highlighting the desire amongst young Brits to capitalise on booming prices. 

Shared Property Ownership
Surging house prices and the turbulent nature of the housing market have noticeably shifted societal connotations when it comes to owning a property. As a result, fractional ownership amongst friends and family is serving as an innovative way of stepping onto the property ladder without breaking the bank. A study from Moveable found that over 1-in-10 Brits are buying a home together with their friends, siblings or family members, while a further 36% of millennials are waiting to get into a partnership/marriage before purchasing their first home – because they simply can’t afford it on their own. 

Owning a property as beneficial joint tenants means that the property belongs to both owners jointly. The tenants must act together as a single owner for all transactions, including re-mortgaging and selling. As joint tenants, the owners do not own specific shares in the property and do not have the ability to give away a share of the home in a will. If either owner passes away, their interest in the property passes automatically to the other party. 

You can also own the property as tenants in common, meaning that the property belongs to the owners jointly, but each owner also owns a specific share of its value. An owner can give away, sell, or mortgage their share, and if an owner dies, their share of the property passes to the beneficiary in their will.

Remortgaging to Release Equity:
A new study from Moveable has found that 1-in-5 millennials are looking to re-mortgage their home in order to buy a second one. Rising house prices are welcome news for those looking to remortgage as their loan to value (LTV) percentage decreases, meaning they can get a much more competitive deal than the one they were previously on. The number of borrowers using another stream of property income to pay off their mortgage almost doubled from 20% in 2020 to 38% last year, and those using it to pay off unsecured debt remained steady at around 27%. These trends were largely driven by the significant rise in the number of people releasing equity to not only lock in better interest rates, but also to access a larger pool of capital and secure a second property. 

Simon Bath, property expert and CEO of iPlace Global, the creators of Moveable, discusses how homebuyers can weight the odds in their favour amidst rising prices:

“Prospective buyers must take the time to understand the different aspects of the property market in order to secure a home given the current climate. Having all your ducks in a row will ultimately save you from overpaying by thousands, gain a significant advantage over your competitors, and prevent any delays that may occur.”

“Sellers will often choose a buyer that is ‘contract ready’, over and above someone who isn’t but is offering a higher purchase price. People should also ensure they’re on the lookout for up-and-coming areas, as this could provide an affordable purchase and mean your house significantly grows in value in the ensuing years. 

“Moveable understands the struggles of home-movers during this complicated time; our aim is to always provide assistance to anyone struggling with this process. That is why our service provides efficient and accessible resources such as simple reminders that you can sign up to throughout the whole process. Sometimes, services can be vague in providing certain details, meaning that buyers are often left in the dark until they are slapped with the bill at the end of the process. With house prices continuously shooting up, it is more important than ever to ensure that Brits are saving whenever they can so that they get the best possible deal.”

About Moveable:
Moveable is a property concierge platform designed to assist prospective homebuyers, movers, and sellers throughout the entire process. From property expert tips for ensuring a smooth and quick transaction, to price comparison technology for services such as skip hires and real-estate agents, Moveable guarantees that anyone looking to purchase, sell or move homes can do so within their given budget, with flexibility, and sufficient knowledge around the complicated process.

Fenbendazole is an anti-worm and anti-cancer medication.

Sam Allcock
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Fenbendazole is an anti-worm and anti-cancer medication.

Fenbendazole is often used to treat parasitic worm illnesses in dogs. This anthelmintic medication’s origins may be dated back to the early 1970s.

Nonetheless, new research and case reports published in peer-reviewed journals support fenbendazole’s capacity to cure some of the most aggressive cancers in people. Fenbendazole’s ability to treat cancer is assumed to be due to some of the factors that set it apart from other cancer treatments:

  • As previously indicated, a number of scientific articles published in peer-reviewed publications exist to support and show Fenbendazole’s efficacy in healing several malignant tumours in people.
  • Fenbendazole, for example, has been shown to produce cancer regression in individuals suffering from large B-cell lymphoma, renal cell carcinoma, bladder cancer, and metastatic cancer.
  • Although fenbendazole has a few negative effects, it is deemed safe for human ingestion.
  • It is widely available in most nations and is inexpensive to produce.

If you read the piece “How Does Fenbendazole Work?” you will recall that we claimed that fenbendazole has anticancer activity comparable to plant alkaloids chemotherapies that also include taxol. It is also worth mentioning that due to fenbendazole’s unique mode of action and exceptional safety profile, its toxicity levels are significantly lower than those observed in standard chemotherapies.

Several research and associated findings have shown (through emergent patterns) that the start of various malignancies may be related or attributed to parasites, viruses, and other similar agents.

This may be the case more often than we realize, especially when cancer cells live in “conducive conditions inside the victim.” A favorable environment is characterized by a combination of weakened immunity and a specific genetic susceptibility.

As a consequence of the above, we strongly support the use of anti-lactate, anti-worm, anti-parasitic, and other pharmaceuticals for the comprehensive treatment of cancer, which will also allow for the inclusion of conventional cancer therapies.

Human Consumption of Fenbendazole

Unlike Mebendazole, which is often used in human therapy, Fenbendazole was not intended for human usage. Traditionally, it is used on animals that have parasites (like birds, fish, and other mammals). Fenbendazole has been used to treat parasitic worms including as hookworm, whipworms, roundworms, and various tapeworms.

Fenbendazole’s capacity to cure cancer was initially brought to the public’s notice some years ago via our published study, which was produced by brands such as Safe-Guard or Panacur. However, it has recently gained popularity as a consequence of the miraculous story of a man who was able to completely cure small cell lung cancer using Fenbendazole.

Following his cancer victory, a dedicated website and Facebook group were created to document his experience and the experiences of others who have benefited from the use of Fenbendazole in the treatment of cancers such as melanoma, stage four pancreatic cancer, colorectal cancer, prostate cancer, and non-small cell lung cancer, among others.

These results add to the current and growing scientific evidence demonstrating the promise of various cancer-fighting medicines in the benzimidazole family. As a consequence of these data, we think that fenbendazole, like mebendazole before it, has a significant cancer-fighting power.

Specific investigations have conclusively proven that fenbendazole is more effective than mebendazole in some circumstances. One such study found that fenbendazole is more successful than mebendazole and certain other drugs in treating Cryptococcus neoformans, a dangerous fungus that appears all over the globe and may cause Cryptococcus meningitis in people.

Moreover, among the countless scientific articles proving Fenbendazole’s cancer-fighting powers, one publication claims:

The findings, which are consistent with previous findings, indicate that Fenbendazole is a recent microtubule interfering agent with anti-neoplastic activity that could be investigated as a potential therapeutic agent due to the effect it has on several cellular pathways, resulting in the elimination of cancerous cells.

The researchers discovered that cancer-fighting devices not only break up the microtubule capacity and proteasomal interference of malignant cells, but they can also limit glucose absorption, which automatically blocks nutrition from reaching cancer cells. The drug suppressed the expression of GLUT4 – the glucose transporter isoform 4 – which is delivered to the plasma membrane through intracellular vesicles to a ready state for glucose absorption. This is accomplished by stimulating glucose absorption in cells through insulin. Fenbendazole disrupts the linear mobility of GLUT4, lowering insulin-stimulated sugar absorption.

Furthermore, since fenbendazole functions in the same manner as colchicine (through a location on tubulin), it does not compete with other Vinica alkaloids or other chemotherapies. It works in the same manner as other benzimidazole compounds. Fenbendazole enhances the anti-cancer efficacy of various cancer therapies such as radiation, surgery, berberine, dichloroacetate (DCA), and others.

A recent scientific paper suggests that fenbendazole (and similar medications) have the ability to reactivate the genome p53. In this sense, p53, also known as the Guardian of the Genome, acts as a tumor suppressor. It should be mentioned that in certain malignancies, this suppressing function is impaired.

Furthermore, the Nature paper stated that a fenbendazole and DCA combination is particularly effective.

Is Fenbendazole safe to use in humans?

While fenbendazole was originally used to treat parasitic worms in animals, one research published by the European Medicine Agency claims that people seem to tolerate Fenben following oral exposure (oral dosage (single) as high as 2,000 mg/person: 500 mg/person for 10 days straight).

Nonetheless, no critical investigation of lengthy exposure is currently available. Given that parasite infections take between 1 and 2 weeks to resolve, the lack of scientific proof of lengthy exposure is not unrelated to the kind of medicine.

Despite this, many patients have taken fenbendazole as prophylactic throughout the years in an attempt to control cancer recurrence. It is also useful in the treatment of tumors. The medication is known to be safe, and adverse effects are few, if at all.

Fenbendazole for humans, an anti-worm drug that is also anti-cancer

How Much Do We Actually Spend on Our hobbies?

Sam Allcock
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How Much Do We Actually Spend on Our hobbies?

Hobbies play an incredibly important role in our lives, and without them, getting lasting fulfilment would be near-impossible. However, that’s not to say our relationships with them are always healthy. In some situations, our hobbies can begin to take presence over our real responsibilities, and this is where things can start to get a little troublesome.

In this article, we will be taking a look at how much we actually spend on our hobbies, as well as discussing how much is too much when it comes to our allocated budgets for our favourite pastimes.

Some Hobbies Are Most Expensive Than Others

Something that is incredibly important to mention when looking to decipher how much we spend on our hobbies is that some hobbies are much more expensive than others. Take gambling for example. Responsible gambling statistics reveal the truth of how much Brits spend on gambling, with the average british gambler spending about seventy pounds per week at their local casino.

This might not sound like all too much; but when you look at things with a long-term perspective, this number begins to add up into an unfathomably high figure. This is even more detrimental when you factor in that other hobbies can be done for absolutely free, making hobbies akin to gambling all the more devastating.

However, gambling is not the only expensive hobby. There are a myriad of popular hobbies out there that cost people thousands of pounds per year, and this is not only limited to wealthy individuals who actually have the excess income to indulge in such a passion.

One popular example would be gaming. There is a sizable portion of gamers out there that choose to spend upwards of a hundred pound a week on this common pastime. Online gaming has changed in a variety of ways; the games have become more expensive, free-to-play models entice people into spending more money on cosmetics than ever before, and the live-service strategy makes sure gamers are willing to fork out their precious cash for years to come.

This makes gaming one of the most expensive hobbies out there, and when taken to the extreme, this can easily hinder people financially. There are many other expensive hobbies out there, and gambling/gaming are certainly not the only two that deserve a mention. Alas, time constraints stop us from listing every expensive hobby out there. You will just have to use your imagination.

What Is The Average?

Surprisingly, data is actually a little shaky when it comes to the average amount that people are willing to spend on their hobbies. There certainly are interesting statistics available to us such as the time that people spend on their hobbies per week (four hours and twenty-nine minutes for men and two hours twenty nine minutes for women in the UK), but when it comes to the financial side, it looks as though this information is not widely-known.

Although, there are a few ranges that can give us an idea of what a healthy amount of spending looks like. Most experts agree that spending ten percent of your overall income on hobbies is a healthy figure if you are financially stable to begin with, and this number will give you enough leeway to enjoy your hobbies to the fullest extent.

Other statistics show that people believe spending eighty pounds a month on hobbies is more than reasonable, and this route might be better for those that are struggling financially or are looking to save/invest their capital.

However, once again, things begin to get a little confusing when you begin to factor in different hobbies. People in the UK state that spending fifty pounds per week on gambling is ‘too much’, and it would not be a stretch to say that these same people would agree that this figure would also apply to gaming.

Alternatively, other hobbies like fishing or camping are often seen in a much more positive light, and most agree that spending money on these pastimes is much more acceptable.

Why Spending On Hobbies Is Okay

Spending money on hobbies is not necessarily a bad thing. Hobbies are an important part of our lives, and without them, the menial workings of the day-to-day could easily become a little tedious. Hobbies provide us a great way to just have fun and relax, and spending money on them is certainly not a bad thing.

Just like all things, extremes are always to be avoided. However, if you have a healthy relationship with your hobby, you should feel zero guilt from splurging on your favourite pastime from time-to-time, and in reality, you are likely going to have higher life satisfaction if you let yourself indulge your passions on a regular basis.

Truth be told; hobbies are incredibly individual, and what’s okay for one person might not be okay for another. To give an example; if you happen to be extremely wealthy and want to splurge on an expensive PC, then this can be perfectly okay as long as you have the excess income to do so.

On the other hand, if you are struggling with finances, then spending your life savings on an unnecessary purchase is never going to bear fruit, and this is exactly why using your own judgement is absolutely vital when trying to balance your hobbies and your finances. We wish you the best of luck, and we hope you enjoy your favourite hobbies for years to come.

Are We Headed for a Global Recession?

Sam Allcock
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Are We Headed for a Global Recession?

Since the start of the year, financial markets have been on a downward path, as investors price-in higher bond yields. The MSCI World index is down 17% since the start of the year. In the United States, the S&P 500, down 19% over the same period, is about to enter bear market territory.

Unusually, the fall in stocks and other risk assets occurred in tandem with the biggest fall on record in US government bonds, dating back to 1973. In an inflationary environment, which calls for higher interest rates, stocks and bonds are positively correlated. Gold prices and gold ETFs have edged lower too this year, as real rates have risen.

Earlier in the year, the International Monetary Fund revised its world economic growth forecasts downwards by 0.8 and 0.2 percentage points in 2022 and 2023. It also revised its inflation forecasts upwards sharly by 1.8 and 2.8 percentage points across advanced and developing economies in 2022.

TrustedBrokers.com, a Forex comparison service for traders, discusses strains that are now materialising across the world’s leading economies.

China

In China, where the country’s political leadership is pursuing a zero-Covid strategy, retail sales fell 11 per cent year on year in April, while industrial production was down 3 per cent. Home sales dropped more last month than in the early months of the pandemic, despite the People’s Bank of China loosening monetary policy to encourage borrowing and spending. Unemployment is now on the rise.

A slowdown in China is of concern because it accounts for 19 per cent of the world’s total output. A pullback in consumer spending and industrial production there has had a knock-on effect on demand for goods, services and commodities, affecting both Europe and emerging markets.

Europe

Europe is experiencing a cost of living crisis, brought about by higher energy and food prices in the wake of Russia’s invasion of Ukraine. With inflation reaching 7.4 per cent in April, prices are rising faster than nominal wages in most Eurozone countries. The fall in real incomes is constraining spend and capping economic growth. This prompted the European Commission to issue one of its largest ever growth downgrades.

But the European Commission isn’t calling for a recession yet, and still expects unemployment to fall from 7.7 per cent in 2021, to 7.3 per cent this year and 7.0 per cent in 2023. However, the Commission also draws attention to adverse scenarios that could tip the Eurozone into a recession. These include further rises in energy prices or a halt in Russian gas supplies. The latter would hit Germany and Italy the hardest.

USA

The US job market is exceptionally tight, with the number of Americans on jobless rolls at its lowest since 1969. The shortage of workers has led to strong wage gains that are fanning inflation across the economy. The rise in prices beyond food and energy, across services and shelter, prompted the Federal Reserve to adopt a more hawkish policy stance.

Whilst few economists expect a recession in 2022, signs of a slowdown are mounting across economic sectors sensitive to interest rates. Used vehicle sales dropped 19% year-on-year in April, as buyers pushed back on high prices. Meanwhile, rising home prices and mortgage rates caused home sales to fall to their lowest since June 2020.

Earnings reports published last week by retail giants Walmart and Target show consumers swiftly shifting spend away from goods, towards services. Worryingly, they also show a fall in discretionary spend, as consumers have no choice but to spend more on groceries and energy. This is a negative for the US economy, which relies on a strong consumer.

Emerging markets

If the developed world’s challenge lies in adjusting to significantly higher prices, poorer countries face the almost insurmountable task of overcoming food and fuel shortages, at a time when the value of their US dollar-denominated debts is rising. The high cost of food was one of the driving forces behind the Arab Spring, which saw governments fall across the Middle East in the early 2010s. Protests have already erupted in Sri Lanka, Argentina and Peru over shortages and soaring prices, and more could follow.

A most uncertain outlook

Last week, the financial markets took fright too. The S&P 500 recorded its largest drop since June 2020: all 11 sectors of the index fell, with consumer discretionary and consumer staples taking the biggest hits.

Amongst investors’ fears, that China, whose spending helped support the world economy in the last global recession, is in deep trouble, with a large property debt overhang, and a zero-Covid strategy, which is bringing down the demand for, and supply of goods.

Questions around the world’s next growth engine remain unanswered, as the United States tightens monetary policy in an attempt to rein in inflation, and Europe faces its worst cost of living crisis in a generation.

Adam Clarke’s Business Success Story

Sam Allcock
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Adam Clarke’s Business Success Story

A business success story rarely starts on the day the enterprise earned its first client, nor does it begin on the moment its owner made their first million. Often, the greatest of these success tales go way back – when there was just a dream, a dreamer, and the trove of challenges that make everything seem impossible. At the end of the day, a great success story tells of dreamers who dared to make their dreams happen regardless. One such individual is Adam Clarke, Macropay’s founder and CEO.

Building the concept

While the company was technically established inside the four walls of Adam Clarke’s small living room back in 2013, it all truly began way back as a simple concept. It was a sixteen-year-old boy’s incessant dream to prove to the everyone that he is indeed the “Sales Champion of the World”.

True to his commitment, he began his journey to securing his title not just in his workplace then, but in the international scene as well.

 

Starting From Scratch

At a young age, he had a steadfast belief that the great technological revolution will usher in innumerable advancements in society. This foresight proved to be a massively successful prediction.

According to him, doing things his way “transcribed [his] passion into his work.” And true enough, his novel ideas would set his company apart from the rest, quickly growing to earn multimillion Euros in less than a decade.

 

Passion & Overcoming Challenges

Commitment should be at the core of every decision. While simple and seemingly easy to grasp, remaining true to the cause often becomes a daunting task as the journey progresses. However, keeping the vision steady towards the goal often becomes second nature if the passion is alive.

In the case of Macropay’s Adam Clarke, he was able to keep the fire burning by consciously following his passion in sales, refusing to be side-tracked by any challenges the world throws at him.

His journey was not a simple one to begin with. While it is true that more challenges came as the company grew exponentially larger, the obstacles made their first appearance way before the first success came to the scene.

 

Going Against the Grain

Adam was a neurodivergent individual diagnosed with ADHD at a young age. The condition prevented him from fitting in with traditional institutional education, making his growing years even more challenging.

However, by titling the lens a bit and viewing the whole ordeal in a different perspective, he was able to successfully turn his affliction into an asset. He harnessed his neurodivergence to always think outside the box, often deriving creative solutions from ideas way ahead of his time.

He used his hyper focused personality to lock on the target and pursue it to victory.

 

Adam Clarke and Scaling to Success

As great business stories often end, his tale does not conclude with just plain, old success. Of course, he is now making multimillion Euros through Macropay, attracting top talents worldwide, and leading the field into a more innovative future. However, the allure of the success story is not in reaching a success point.

Adam Clarke’s success story ends with even greater potential. As he scales his business to new territories and explore foreign markets, Macropay is setting the stage for bigger and better operations.

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