eClerx Unifies AI Leadership to Deliver Outcome-Driven Results at Enterprise Scale Business Wire eClerx Services Ltd (ECLERX.NS), a global leader in AI-powered analytics, digital operations, and business process management, today announced the formation of a unified AI organization to accelerate its enterprise AI strategy. John Flowers, former Head of BFSI at eClerx, will lead this new organization in partnership with Dr. Sanjay Kukreja, Chief Technology Officer, bringing together [...]
Housebuilders on hook for mansion tax if they fail to sell property after a year Property Property developers will be forced to pay the Labour’s new mansion tax if they take more than a year to offload newly built luxury homes, raising fresh fears that housebuilders will be further disincentivised from building homes in the capital. As part of plans included in a Treasury consultation document, housing developers will be liable [...]
Notice Regarding Capital Participation in Airborne Capital Limited and Expansion of Business Alliance Business Wire Airborne Capital Limited: To whom it may concern: Daiwa Securities Group Inc. Airborne Capital Limited On May 20, 2026, Daiwa Securities Group Inc. (President and CEO: Akihiko Ogino, hereinafter, “Daiwa Securities Group”) and Airborne Capital Limited (CEO: Ramki Sundaram, hereinafter, “Airborne Capital”) are pleased to announce that they have agreed on Daiwa Securities Group’s capital [...]
Chargebacks911, acceptcards Partner to Strengthen Chargeback Prevention for UK Merchants May 20, 2026 As UK merchants process more digital and card payments than ever before, a growing share of that revenue is being put at risk after the transaction is complete. Rising chargeback volumes, stricter card network monitoring thresholds, and increasing levels of first-party misuse are creating a perfect storm where businesses are fighting to keep what they’ve [...]
Job cuts at Big Four firms fuel worker burnout May 20, 2026 Job cuts at professional services firms are resulting in overworked staff, but the pressures – combined with increased reliance on AI – risk damaging firms’ reputations through mistakes, writes Maria Ward-Brennan. The professional services industry, especially the Big Four giants, has faced its fair share of job cuts, with thousands of roles laid off in [...]
‘Sounds too good to be true?’ City watchdog clamps down on social media insurance scams May 20, 2026 The Financial Conduct Authority is cracking down on insurance scams advertised on social media and messaging platforms after finding half of young drivers have purchased illegitimate insurance premiums this way. The regulator said nearly 40 per cent of drivers aged 17-25 are “unconfident” in spotting the signs of a fake insurance policy, meaning “thousands could [...]
Brits set for sharp rise in energy bills in July May 19, 2026 Brits are set to face a sharp hike in energy costs this summer, with household bills forecast to rise by more than £200 a year, as the conflict in the Middle East ripples into the UK market. Energy analyst Cornwall Insight predicts that the annual bill for a typical dual-fuel household will increase to £1,850, [...]
Deloitte set to boost UK staff bonuses and promotions May 19, 2026 Big Four giant Deloitte’s UK staff are set to be given higher bonuses and larger salary increases over the course of the year as the firm is set to surpass its profit targets. The firm’s UK chief executive, Richard Houston, said today that bonus funds would be upped by 14 per cent, while salaries would [...]
Milliman Financial Strategies Limited launches MGTS Milliman SmartShield Fund in UK May 19, 2026 Funds provide investors with disciplined approach to downside protection, previously only available to insurers and institutional investors
Turbulence for Luton as court decides if expansion project can leave the ground May 19, 2026 The Court of Appeal will today hear a challenge to the government-approved expansion of Luton Airport from an environmental group over whether the development should have been green-lit last year. The dispute was escalated to the appeals court by the campaign group, Luton And District Association for the Control of Aircraft Noise (LADACAN), who brought [...]