What poker can teach investors about risk Opinion Poker is a game of statistics, not certainty. Good players do not wait until they know the outcome. They make decisions based on probabilities, position, momentum and the behaviour of others, says Jo Living Investment still loves the language of risk. Who is bold, who is cautious, who is “risk averse” enough to protect capital [...]
FCA: We don’t want to take risk decisions alone Markets The City watchdog should not be determining the UK’s risk appetite “alone”, a top official has said, as the regulator continues to try and coax more guidance from the government on its growth push. Sarah Pritchard, the deputy chief executive of the Financial Conduct Authority (FCA), said the regulator was trying to “prompt” a wider [...]
Arm boss says lack of risk appetite ‘holding UK back’ Tech The chief executive of British semiconductor company Arm has said the UK’s lack of risk appetite is holding businesses back. Speaking on the Master Investor Podcast with Wilfred Frost, Rene Hass, who leads the Nasdaq-listed firm Arm holdings, said startups in the UK struggled to grow because of scale opportunities in the UK arising from [...]
BCG warns the era of ‘wait and see’ is dead as global risks hit all-time high January 12, 2026 As concerns over global policy uncertainty reached a 20-year peak in 2025, BCG is warning that the issue must be a core business capability, with dedicated teams. Business leaders cite trade reconfiguration, weakening multilateral institutions, and the weaponisation of economic tools as persistent threats to business continuity and competitiveness. However, a report by the IMD [...]
Reeves’ £28bn wealth fund under fresh scrutiny November 13, 2025 Rachel Reeves’ flagship National Wealth Fund has come under scrutiny after an audit identified “weaknesses” in the multi-billion pound vehicle’s risk controls. An audit of the National Wealth Fund (NWF) pointed to potential failures in the effectiveness of risk, management, governance and internal controls. Whilst the findings from the report confirmed “improvements have taken place”, [...]
British businesses lead the world in risk management October 28, 2025 UK businesses lead global peers in risk oversight, with nearly eight in ten British businesses reporting that boards are directly involved, a figure significantly higher than global peers. According to Aon’s new ‘global risk management survey’, senior leadership in the UK is taking on greater responsibility for the risks their businesses face, as three-quarters of [...]
Geopolitical instability hits the bottom line as businesses suffer investment losses September 3, 2025 Businesses have suffered losses in international projects or investments due to geopolitical and economic risks, with interest in political risk insurance (PRI) soaring as a result. According to a new report by insurer Howden, over half of the companies surveyed, comprising around 500 senior risk and treasury function decision-makers, reported suffering a political loss to [...]
Barclays slapped with £42m fine for financial crime failings July 16, 2025 Barclays has been hit with a £42m fine by the Financial Conduct Authority (FCA) for separate instances where the bank failed in its financial crime risk management. The City watchdog blasted Barclays for failing to check it had gathered “sufficient information to understand the money laundering risk” before it opened a client money account for [...]
Bank of England hits Mastercard subsidiary with £12m fine July 9, 2025 A Mastercard-owned company has been fined almost £12m by the Bank of England after it failed to fully comply with a regulatory order to fix weaknesses in its risk management. Vocalink – which was acquired by Mastercard in 2017 – has been slapped with the £11.9m fine due to failing to meet directions from the [...]
National wealth fund boss slams banking industry’s risk appetite June 30, 2025 The boss of the National Wealth Fund has blasted the banking industry’s risk appetite and cited the lack of risk-taking as the reason for waning growth figures. Speaking at City Week on Monday, John Flint, the chief executive of the newly-established government body, said: “The banking system is very heavily regulated and in the best [...]