Bank of England to relax capital rules despite warning of economic threats July 7, 2026 The Bank of England set out proposals to relax UK banks’ capital rules even as it sounded the alarm on the growing risk of multiple threats hitting the UK economy. In the latest meeting of the central bank’s Financial Policy Committee top officials said it would work with watchdogs on a package of “broad reforms” [...]
British consultants face slowdown as corporate spending slumps July 7, 2026 The British consulting industry is set to grow by a single digit this year as the sector faces a slowdown in spending from corporate clients. According to research from the Management Consultancies Association (MCA), the primary representative body for management consulting firms in the UK, the UK consulting sector’s predicted growth for 2026 stands at [...]
South Korea is the canary in the coalmine of the AI boom July 7, 2026 South Korea’s experiment with leveraged single-stock ETFs has shown how quickly passive investing, concentrated markets and retail speculation can feed on one another, says Helen Thomas The new frontier for the AI boom isn’t Silicon Valley but South Korea. While the country has long been home to technology giants such as Samsung Electronics, the country’s [...]
How Harry Maguire is using AI to help England… at table tennis July 7, 2026 Harry Maguire may have been left at home for the World Cup but the football cult hero is still set to play a part in England’s sporting success – via AI technology. Feedz, a sports tech platform designed to help coaches and co-founded by Manchester United defender Maguire, has been adopted by Table Tennis England. [...]
The FCA has finally woken up to the AI revolution July 7, 2026 The FCA-commissioned Mills Review marks a significant regulatory shift, moving away from a hands-off approach to AI agents making financial decisions, says Omar Salem Pablo Neruda, the Chilean Nobel laureate for literature, said “you can cut all the flowers but you cannot keep spring from coming”. The FCA has finally accepted this for the regulation of [...]
Santander Financial Crime Transformation Leader Joins ThetaRay to Drive Enterprise AI Adoption July 7, 2026 As Chief Strategic Customers Officer, former Group VP Luis Pinedo will scale ThetaRay’s AI compliance infrastructure across global banks, payment providers and financial institutions.
RGI Group Strengthens Its Personal Insurance Capabilities in France Through KAPIA-RGI’s Acquisition of Cegid Assurex Solutions July 7, 2026 RGI, a leading European provider of digital insurance platforms, announces that KAPIA-RGI, its France-based company specialised in personal insurance solutions, has acquired Cegid Assurex solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707323665/en/ This transaction marks a major milestone in the Group’s development strategy in French speaking markets in Europe and further [...]
Professional services firms can either embrace AI or be swept away by it July 7, 2026 Professional services firms must strategically integrate AI to remain competitive, while ensuring that core human values like trust and judgement remain at the heart of what they do, says Phil Jenkins Professional services firms are at a technological fork in the road. One route involves embracing AI and doing it well. The other, either ignoring [...]
London’s new ‘literary-themed’ hotel shows why hotels should not be themed July 7, 2026 Amid a boom in literary-inspired travel, a book-themed hotel has opened in Kensington. Anna Moloney checks in...
Ciauru Wins the Second Edition of the Reply AI Music Contest, the International Competition Dedicated to Experimentation Across AI, Music and Live Performance July 6, 2026 The winner was announced on the Kappa FuturFestival stage, following the performances of the five finalists selected by the international jury. German duo PARAFRAME & Avis Vox received the special Reply AI Studios Grand Prix award.