British insurers sound alarm over unprecedented rise in AI-driven scams November 11, 2025 The insurance sector is struggling to combat the growing influx of AI-driven fake claims, as sophisticated fraud is challenging the sector’s outdated traditional system, putting increased pressure on insurers to adapt. According to a recent report by fintech firm Adyen, one in seven claims (15 per cent) were proven to be fraudulent, resulting in a [...]
UK banks send regulation warning as private credit threat rises November 11, 2025 Top bosses of UK banks have fired a warning shot over the country’s status as a competitive financial hub as the government’s efforts to overhaul regulation risk missing the mark. Michael Roberts, the top boss of HSBC Bank and chief of corporate and institutional banking, told lawmakers on Tuesday the Treasury’s deregulation work was a [...]
This Could Be The Best Investment The City Ever Makes November 11, 2025 Go into a primary school today and ask how many of them trust major financial institutions like banks and you’ll generally find that less than half do so. Sometimes it’s as low as one-third of the class. At least, that’s what the financial education charity I volunteer with, City Pay it Forward, has consistently found. [...]
SymphonyAI and AML Intelligence Launch FinCrime Frontier 2025–26 Report: Proactive Intelligence Becomes Compliance’s Next Competitive Edge November 11, 2025 Survey of 250+ global compliance leaders reveals nearly 80% plan to innovate with AI-powered proactive intelligence, but cost and data hurdles stand in the way
Evelyn Partners sells employee benefits business to Howden November 11, 2025 Insurance broker Howden has agreed to acquire the employee benefits consultancy arm of Evelyn Partners. The insurance intermediary group has agreed to acquire Evelyn Partners Financial Services (EPFS) for an undisclosed amount. Subject to regulatory approval, the deal is expected to be completed in the first quarter of 2026. The acquisition is pitched to enhance [...]
Brits confidence in European economy outpaces UK as Budget fears grow November 11, 2025 Brits have admitted to having more confidence in the strength of the European and global economy than the UK as Budget fears consume the country. Fresh Barclays research has revealed Brits confidence in the European economy has ranked above the UK for the tenth consecutive month. Of the 2,000 surveyed, 22 per cent had faith [...]
Voters say Rachel Reeves should resign if income taxes are hiked November 11, 2025 A majority of voters believe Rachel Reeves should resign as Chancellor if she breaks a key Labour manifesto commitment by raising income tax. Labour’s 2024 election manifesto said the party would not put up taxes on working people, including VAT and income tax. But in the lead-up to a crucial Budget where the Chancellor is [...]
I’m 31 and pay thousands into my pension: taxing my contributions could be the last straw November 11, 2025 The Chancellor’s threat of a a two per cent national insurance tax on salary sacrifice contributions above £2,000 is deeply unfair, says Martin Kimber People tend to look at me like I’ve just admitted to collecting antique Victorian dolls when I tell them I sacrifice 15 per cent of my salary into a pension. However, [...]
Teaching kids about money will offer the ultimate return on investment November 11, 2025 Even a small reduction in financial illiteracy, could boost a nation’s household income by billions each year, says Marianna Hunt Go into a primary school today and ask how many of them trust major financial institutions like banks and you’ll generally find that less than half do so. Sometimes it’s as low as one-third of [...]
Take a city break in the historic northern stronghold of York November 10, 2025 Easily reached by train, York is one of the most historic and picturesque cities in the north. Renowned for its stunning York Minster, one of the largest gothic cathedrals in Northern Europe, and its remarkably preserved medieval city walls that still encircle much of the old town, the cobble-paved city makes for an ideal winter [...]