Good news at last? Financial services sector rebounds at fastest rate this century April 7, 2026 Britain’s financial services sector rebounded in the first three months of this year powered by the fastest single-quarter recovery since 1996, a closely watched survey found. According to the CBI’s industry-wide survey, sentiment among financial firms improved for the first time in nearly two years, as an uptick in profitability was aided by the uncertainty [...]
Alex Gerko’s XTX paid more than £500m in corporation tax in 2025 April 6, 2026 A London algorithmic trading firm run by billionaire Alex Gerko faced a corporation tax bill of more than £500m last year, the firm’s latest accounts show, making the company one of the largest individual contributors to the exchequer. Kings Cross-based XTX Markets was due to pay around £580m in corporation tax for 2025, according to [...]
Declining patent filings show Britain has stopped innovating April 3, 2026 There are lots of ways to measure innovation, but if we go by patent filings, it's a sorry image for the UK, writes Ayushma Maharjan.
Options Technology Enhances APAC Connectivity with Direct Access to Japan Alternative Market (JAX) via AtlasFabric April 2, 2026 Options Technology, a leading provider of mission-critical infrastructure and connectivity solutions for global financial markets, has strengthened its presence in the Asia-Pacific (APAC) region by adding direct connectivity to the Japan Alternative Market (JAX), a Proprietary Trading System (PTS). The integration marked a strategic expansion of Options’ market access offerings across Japan and APAC. JAX’s [...]
Reply Signs Strategic Collaboration Agreement with AWS to Accelerate AI-Driven Cloud Transformation April 2, 2026 Reply [EXM, STAR: REY] announced today that it has signed a strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to accelerate the adoption of cloud and artificial intelligence solutions across key international markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402597802/en/ At the core of the SCA is a strong focus [...]
Blue Owl caps private credit redemptions after investors try to pull $5.4bn April 2, 2026 Investors in Blue Owl’s multi-billion dollar private credit fund have asked to withdraw around a fifth of their money in another dramatic escalation of jitters across Wall Street and the financial ecosystem. The asset manager’s flagship $36bn fund saw redemption requests hit 21.9 per cent of outstanding shares in the first quarter, while its tech-focused [...]
OLX Launches AutoGPT: Agentic AI Assistant Transforming Automotive Search Across Europe April 2, 2026 AutoGPT uses conversational AI to let car buyers describe their needs in plain language Currently live in Poland and soon to be launched in France, Romania, and Portugal marking the next phase in intuitive automotive search Developed as part of OLX's $200M+ investment in AI innovation across its marketplace platforms
Bureau Veritas Launches an Independent AI Assessment Offering for European Enterprises, Developed in Partnership with Amazon Web Services (AWS) April 1, 2026 Bureau Veritas, a global leader in Testing, Inspection, and Certification services (TIC), announces the launch of an AI systems audit to help European enterprises assess and demonstrate their compliance with the European Union’s “AI Act” regulatory requirements. This offering combines on-site audits, document analysis, and direct testing to deliver an independent maturity report. Since the [...]
AI Becomes Increasingly Embedded in Project Delivery Across Key Industries, New APM Research Reveals April 1, 2026 Project management professionals are rapidly embedding artificial intelligence (AI) into their day-to-day work, transforming how projects are planned, delivered and managed, according to new research from the Association for Project Management (APM), conducted in partnership with Censuswide. The survey of 1,000 project professionals in the UK highlights widespread adoption of AI tools across sectors including [...]
Bank of England: UK economy risks ‘large and overlapping’ shocks April 1, 2026 The Bank of England has issued a major warning that the financial system is facing increasing risks of “large, frequent and potentially overlapping shocks” amid the volatility from the Middle East war‘ and ongoing market risks’s impact on energy and global markets. In the latest meeting of the central bank’s Financial Policy Committee top officials [...]