Pension giants back plans for £75bn private investment bonanza July 10, 2023 The country’s top pension and insurance giants have today thrown their weight behind a package of government reform that will aim to unleash a £75bn wave of capital into Britain’s private companies.
Hillingdon Is The UK’s Newest AI-ready Borough July 6, 2023 | Sponsored Artificial intelligence is the buzzword for 2023. Since ChatGPT’s arrival in late 2022, the concept of generative AI has exploded into the public consciousness, and adoption is rocketing. The platform racked up 100 million monthly active users in January, just two months after launch, which makes it the fastest-growing consumer application in history. It is [...]
New report unveils UK firms’ self-preservation tactics July 5, 2023 | Sponsored In today’s ever-evolving business environment, finance directors face vast external challenges that can impact their organisation’s financial performance – from geopolitical tensions and trade block negotiations, to soaring inflation and the residual effect of the Coronavirus pandemic. With a lot to navigate, finance teams are exploring all potential routes to help strengthen the bottom line [...]
Britons are worst investors in Europe and have £1.8trn sitting idle in savings July 5, 2023 Britons’ are the worst investors in Europe and have around £1.8trn sitting idle in savings accounts, around the entire value of the FTSE 100, a new report released today has found.
De La Rue says ‘signs of recovery’ in cash usage after sharp fall in profits June 29, 2023 Cash printer De La Rue has said it sees “signs of a recovery” in money usage this year after a torrid 12 months in which its profit and revenues have contracted sharply. In its full year results today, the cash maker said revenues had tumbled 6.8 per cent to £349.7m in the year to March [...]
Why It Doesn’t Pay To Be A Woman In Finance June 28, 2023 | Sponsored From cupcakes on International Women’s Day to marketing campaigns that shine a light on female employees making their mark, many organisations are paying lip service when it comes to addressing the gender pay gap in the UK, yet doing very little to offer real equality in the workplace. It’s even more pronounced for women working [...]
Bank of England tells insurers to brace for persistent ‘claims inflation’ June 23, 2023 Insurers must rigorously assess the impact on their solvency of the rising cost of settling car, property and other claims and ensure they have sufficient reserves, the Bank of England told the sector on Friday.
The Notebook: Olle Lundin on revolutionising banking, reshaping the fintech landscape and expanding into the UK June 21, 2023 The notebook is written by Olle Lundin, co-founder and CEO of Swedish fintech Froda, which is launching in London As I stand here today, on the brink of Froda’s expansion into the UK market, I can’t help but feel both excited and nostalgic. You see, long before co-founding Froda and embarking on this incredible fintech [...]
CMC Markets: Meme-stock army is losing interest as trading falls June 13, 2023 Trading platform CMC Markets warned of a slowdown in trading on its platforms today as it revealed profits had fallen beyond 40 per cent in the year to the end of March.
Hedge fund boss Sir Paul Marshall plots Spectator swoop June 11, 2023 Hedge fund boss Sir Paul Marshall is mulling a potential bid for the Spectator magazine after its parent company was forced into receivership last week, according to reports.