Half of UK financial firms lack AI strategy, despite feeling ‘AI-ready’ Tech There is a significant gap between confidence and action in artificial intelligence (AI) adoption across the UK financial sector, a new report has found. Professional services firm Forvis Mazars‘ report revealed that while all surveyed C-suite executives claim to be “AI-ready”, only 43 per cent of firms have a well-developed AI strategy. Meanwhile, just over [...]
Haaland: Man City striker could pay £150m to HMRC over new deal Sport Business Signing a lucrative contract, as Erling Haaland did with Manchester City this month, is usually one of the happiest days of someone’s life. Haaland has signed for nearly a decade in a deal that is reportedly worth £26m a year before bonuses. But the reality is that the taxman is coming, and for the Norway [...]
City accountancy firms KMPG, PwC, EY and Forvis Mazars react to audit watchdog overhaul AUDIT All "welcomes" from the sector that it set to see its audit watchdog overhauled and reformed into a new regulator, which will have additional powers at its realm