Milburn review: Youth unemployment crisis costs £125bn a year due to ‘broken system’ May 28, 2026 The crisis of nearly a million young people who are out of education, employment or training – known as ‘Neets’ – costs the UK economy up to £125bn a year, the Alan Milburn review has found, as both the government and the private sector were blamed for failing to address youth unemployment. An extensive report [...]
FICO UK Credit Card Market Report: March 2026 May 28, 2026 Fuel crisis increases pressure on affordability as spending and payments dip, with more customers missing one, two and three payments year-on-year
Reply Expands Prebuilt AI Apps With New Production-Ready Applications to Accelerate Enterprise AI Adoption May 28, 2026 Reply [EXM, STAR: REY] today released a new set of Prebuilt AI Apps: ready-to-use agentic applications designed to drive efficiency and business growth by accelerating the integration of AI into enterprise processes. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260528283268/en/ In developing the Prebuilt AI Apps, Reply has identified key areas within [...]
KKR to Open New Office in Milan, Strengthening Long-Term Commitment to Italy May 28, 2026 New office reflects KKR’s localisation strategy and opportunity in Italy’s evolving investment landscape
Tide Crosses 2 Million Members Worldwide – Big Step Forward in Mission to Support and Grow Small Businesses May 27, 2026 Continuing to grow in the UK and internationally, with India seeing especially strong member growth in the last 12 months In the UK, Tide has 15% market share and has helped small businesses access over £1.75bn in credit Rapid roll out of products; from admin, accounting and tax tools; subscription options; payment solutions; government registrations; bill payments and credit
Corlytics Sharpens Leadership for Next Phase of Growth May 27, 2026 Internationally experienced leader Lisa Miles-Heal appointed Chief Executive Officer
KKR Invests in Fresha, the Leading AI-Powered Platform for Beauty and Wellness, at $1bn Valuation May 21, 2026 Fresha, the leading AI-powered marketplace and business management platform for the beauty and wellness industry, today announced an $80 million primary growth investment from funds managed by KKR, a leading global investment firm. The transaction values Fresha at over $1 billion, marking a defining milestone in its mission to transform how self-care businesses operate globally. [...]
KBRA Assigns Preliminary Ratings for RRE 29 Loan Management DAC May 20, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of notes issued by RRE 29 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 29 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP (“RRAM UK” or the“collateral manager”). The [...]
MS Reinsurance reports ‘excellent’ year with improved combined ratio and net profit increasing to $415 million May 20, 2026 Global reinsurer MS Reinsurance announced today that it produced a net profit of $415 million after tax for the year ended 2025, compared to $346 million for the year ended 2024. The announcement follows on from the release by ultimate parent company, MS&AD1, of the insurance group’s consolidated financial results for the full year 2025 [...]
Natixis Investment Managers’ Funds Honored at the 2026 LSEG Lipper Fund Awards Worldwide May 19, 2026 Natixis Investment Managers (Natixis IM) today announced that several of its affiliate asset management companies, including DNCA Investments, Dorval Asset Management, Mirova*, Ostrum Asset Management, Vega Investment Solutions, and WCM Investment Management, have been recognized at the 2026 LSEG Lipper Fund Awards. These distinctions, awarded in the US, Europe, and Asia, reward funds that have [...]