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      Student housing giant Unite faced £400m loss amid property value slump

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cfit

  • CFIT CEO: There’s still not enough diversity in the City

    Opinion

    Anna Wallace, CEO of the Centre for Finance, Innovation and Technology, gives us her views on the City in Square Mile and Me.

    Anna Wallace smiling at a business conference podium, addressing an audience with a presentation screen behind her.
  • Government backs plans to digitise homebuying

    Property

    Labour has backed a new initiative to “revolutionise” homebuying by embracing technologies, with failed deals costing the economy nearly £1bn every year. The project will see the Centre for Finance, Innovation and Technology (CFIT) work in  coalition with multiple government departments, including the department for business and trade and the ministry for housing.  The initiative [...]

    UK Property funds have been under pressure since the pandemic.
  • Bad data holding back lending to UK’s small businesses, fintech chief warns

    Banking

    High street banks are keen to lend more to small businesses but being held back by poor data sharing, the head of of a government-backed fintech hub has said, hailing the sector's potential to boost UK economic growth.

    High street banks are keen to lend more to small businesses but are being held back by poor data sharing, the head of a government-backed fintech hub has said.
  • UK must embrace open finance to be a global fintech leader and boost IPOs, industry chief says

    February 29, 2024

    Open finance is key to making the UK a global leader in fintech and unlocking more public listings, the boss of a government-backed industry hub has told City A.M., as the sector struggles to lure investors.

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