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YouGov acquires analytics company as US growth continues

YouGov has acquired US-based survey data management company KnowledgeHound, extending its data capabilities in the fast-growing market. 

The market research and data analytics specialist told investors on Monday the deal, which was for an unspecified sum, will expand the capabilities of analytics platform, YouGov Crunch.

YouGov has been rapidly expanding its operation in the US through takeovers of this kind, with the firm even reportedly considering an alternative listing in the country.  

The market research and data analytics specialist said that the acquisition – for an unspecified sum – will extend the capabilities of analytics platform, YouGov Crunch

Founded in 2014, Chicago-based KnowledgeHound is a software as a service company, which connects structured data from different systems and puts them together in one place.

KnowledgeHound mostly works with Fortune 500 companies across the FMCG, pharmaceutical, technology, insurance, and media industries,

Alex McIntosh, chief financial officer of YouGov Chief, said: ‘YouGov’s acquisition of KnowledgeHound represents a significant shift in what the industry should expect from data analytics platforms. 

‘By adding KnowledgeHound – a leading search-based survey data analysis solution – to YouGov Crunch – the ultimate tool for granular data analysis – we will make it easier than ever before to get fast, actionable, reliable insights all in one place.’

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Laura Baker, chief executive officer of KnowledgeHound, added: ‘I am thrilled for this next stage of KnowledgeHound’s journey, as the combined capabilities and teams from KnowledgeHound and YouGov Crunch enables us to, together, truly deliver the cutting edge, scalable solution the market actually needs.’

YouGov’s pre-tax profits rocketed 77 per cent to £44.7million for the year ending July 2023, following solid turnover growth across all regions. 

Revenues rose 17 per cent to £258.3million as solid sales of its syndicated data products boosted revenues in the US, YouGov’s largest market, as well as the UK and mainland Europe. 

In November, it was reported that the bosses of the pollster group scooped a £9million online payday loans no credit check in 2022.

Then-chief executive Stephan Shakespeare made £4.7million in the year to July, up from £540,000 previously.

Shakespeare, who co-founded YouGov with former Chancellor Nadhim Zahawi in 2000, stepped back from running the company on a day-to-day basis last August and is now chairman.

YouGov’s shares are up 2.45 per cent to 1,173.04p in Monday morning trading. 

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Answers about Business Finance

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Nationwide: Virgin Money deal will make us stronger

Nationwide has insisted its takeover of Virgin Money will make it financially more resilient after experts said the deal could initially weaken the mutual’s balance sheet.

The building society agreed a £2.9billion deal last week to buy the challenger bank and create Britain’s second biggest savings and online payday loans no credit check group. 

The tie-up is Debbie Crosbie’s boldest move since she became the mutual’s boss in 2022.

She said the takeover ‘strengthens Nationwide and means we can offer more value and broader services for our members’. 

Tie-up: Analysis of Nationwide’s balance sheet after swallowing Virgin Money shows it would be in a weaker position

Nationwide also says it would ‘create a combined group with enhanced financial strength,’ with access to new sources of funding.

But an analysis of Nationwide’s balance sheet after swallowing Virgin Money shows it would be in a weaker position.

Nationwide says a key measure of financial strength, known as common equity tier one capital, would be around 20 per cent after the takeover. That’s still high compared to other big banks but lower than the 27 per cent Nationwide reported last year.

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Another important indicator, the leverage ratio, would also be weakened by Nationwide taking on Virgin Money. ‘This is a strong bank buying a weaker bank on the assumption that better management will drive up returns,’ banking expert Philip Augur said.

‘Maybe it will but the protracted period of integration will stretch management,’ he added. 

Nationwide plans a softly-softly approach to bedding in Virgin Money. It will run both brands with separate banking licences ‘in the medium term’ but does not expect to make sweeping job cuts at Virgin Money in the first year after the deal completes.

Nationwide has also extended its promise to keep all its branches open by two years to 2028, instant payday loans including Virgin Money’s 91 outlets.

Sir Richard Branson’s Virgin Group will pocket more than £400million in the deal for its 14.5 per cent stake. 

Virgin Money, which was bought by Clydesdale & Yorkshire Banking Group for £1.7billion in 2018, will pay a £250million exit fee to the Virgin Group to stop using its name in four years’ time. 

The bank will also pay the Virgin Group £15million a year while it continues to do so.

The lender faces calls from some of its members for a vote on the Virgin deal. But Nationwide says a vote – which would take time – could derail the deal under City takeover rules.

Fewer than half (49 per cent) of 156 members polled by YouGov felt positive about the deal, though only six per cent said they felt negative.

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FA Cup round-by-round prize money

With the FA Cup already well underway, many teams will be dreaming of a trip to Wembley Stadium this year. 

While it remains football’s oldest cup competition, this season’s winners will take home a surprisingly low amount. 

Pep Guardiola’s Manchester City are the current holders of the competition after they defeated rivals Manchester United back in June.

Ilkay Gundogan scored twice, including the quickest goal in FA Cup history, as City secured a 2-1 win against Erik ten Hag’s side. 

And so, Mail Sport breaks down how much each team will pocket every round of the competition.

The FA Cup is the oldest cup competition in football – but many will be surprised by how low the winners earn

Manchester City are the current holders of the competition after they defeated Manchester United in June

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Round-by-round prize money
Traditionally, the FA Cup provides fans will several twists and turns, as well as many shocks. 

A few non league teams remain in the competition and have already pocketed themselves a fairly big online payday loans no credit check – which will online payday loans no credit check doubt help them financially. Winners of the second round proper earned £67,000.

As expected, the prize money only gets bigger from then on in – with the winners of the third round pocketing £105,000.

Losers of the semi-final will earn £500,000, while the winners will take home £1million.

For the two teams who make it to the final, the loser will take home £1m, while the winner of this season’s FA Cup will pocket £2m. 

While that is an extraordinary amount for personal loans online a lower league club, it is surprisingly low online payday loans no credit check given how big the competition is.

The full round by round prize money is as follows: 

Extra preliminary round winners – £1,125

Extra preliminary round losers – £375

Preliminary round winners – £1,444

Preliminary round losers – £481

First round qualifying winners – £2,250

First round qualifying losers – £750

Second round qualifying winners – £3,375

Second round qualifying losers – £1,125

Third round qualifying winners  – £5,625

Third round qualifying losers – £1,875

Fourth round qualifying winners – £9,375

Fourth round qualifying losers – £3,125

First round proper winners – £41,000

Second round proper winners – £67,000

Third round proper winners – £105,000

Fourth round proper winners – £120,000

Fifth round proper winners – £225,000

Quarter-final winners – £450,000

Semi-final winners – £1,000,000

Semi-final losers – £500,000

Final runners-up – £1,000,000

Final winners – £2,000,000

The winner of this season’s competition will take home £2milllion

The third round of is already underway – with Premier League teams now entering the competition

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Answers about Credit

The magnetic strip on credit cards contains encoded information, including account details and other pertinent data. This information is read by card readers, a
Read more

online payday loans no credit check and Debit Cards

+1

Should teenagers have a credit card?

Asked by Wiki User

It can be beneficial for teenagers to have a online payday loans no credit check card to start building credit history, learn financial responsibility, and emergencies. However, it’s crucia
Read more

Personal Finance

+5

How do you pronounce Credit Suisse?

Asked by Wiki User

It is pronounced as “kred-it soo-ees” in English.

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