New West End Company CEO: Healey’s Budget must give High Streets room to grow October 20, 2026 The West End supports more than 350,000 jobs, attracts visitors from across the world and generates significant economic activity and tax revenue for the wider UK. If the cost of operating here continues to rise, the consequences will be felt well beyond London, says Dee Corsi Two years of Autumn Budgets have heaped costs on [...]
FCA sounds the alarm on rise of unregulated AI financial advice October 19, 2026 The City watchdog is calling on AI providers to go further in protecting consumers as more people turn to the technology to make financial decisions. The Financial Conduct Authority (FCA) is urging AI firms to do more to help consumers who are increasingly relying on generic platforms and chatbots, such as Gemini and Chat GPT, [...]
Reply Earns “NVIDIA Physical AI Specialization” for Production-Ready Robotics and Digital Twins October 19, 2026 Reply [EXM, STAR: REY] is among the first NVIDIA partners in the world to achieve the “Physical AI Specialization” within the NVIDIA Partner Network (NPN), in recognition of its expertise in developing and deploying AI-driven robotics and digital twin solutions for real-world operating environments. The specialization was awarded following a technical assessment covering a customer [...]
‘Absurd’: Pension savers refunded £188m after HMRC overtaxes withdrawals October 16, 2026 Tens of thousands of taxpayers were handed money back from HMRC last year after savers had too much tax deducted from their pension withdrawals, City AM can reveal. HMRC processed 54,166 pension withdrawal repayments in the 2025/26 financial year, worth around £188m, according to figures obtained through a Freedom of Information request. During the financial [...]
IMF boss warns on AI ‘tax erosion’ if jobs are wiped out October 15, 2026 The head of the International Monetary Fund has warned financial ministers that widespread AI adoption could erode tax bases across the world as incomes are squeezed by the technology. Kristalina Georgieva, the managing director of the IMF, said governments may be ill-prepared for a potential slump in tax revenue brought on by AI’s impact on [...]
MSCI Launches a Consultation on a Proposal to Reclassify Indonesia from Emerging Market to Standalone Market Status October 15, 2026 MSCI to consult on proposal to reclassify the MSCI Indonesia Indexes to Standalone Market status Existing freeze on Indonesian securities in MSCI Indexes to remain in place until further notice
KBRA Assigns and Affirms Ratings for DFMG Holding GmbH October 15, 2026 KBRA Europe (KBRA) assigns its BBB+ ratings to DFMG Holding GmbH’s EUR 1,000 million senior secured notes. KBRA also affirms the issuer rating of BBB and senior secured ratings of BBB+ for DFMG Holding GmbH. The Outlook is Stable. GD Towers Holding GmbH (GDT) is a leading European tower company (towerco) that, through its wholly [...]
Lloyd’s underwriters seek to halt £45m legal cover for Petrofac bribery defendants October 15, 2026 A group of Lloyd’s syndicates have sought to block £45m in defence funding for two former Petrofac executives facing a criminal bribery trial. The group of syndicates provided directors’ and officers’ (D&O) insurance coverage to Petrofac’s former chief operating officer, Marwan Chedid, and former chief operations officer George Salibi. Chedid and Salibi rely on Petrofac’s [...]
Smarsh Taps Former ACI Worldwide Executive Alessandro Silva as Chief Growth Officer to Drive Next Phase of Global Expansion October 15, 2026 In a newly created role, Silva will lead Smarsh’s commercial strategy as the company scales across international markets
Healey told to cut employment taxes and energy bills to boost business October 15, 2026 Britain’s biggest business lobby group has urged John Healey to cut employment taxes and energy bills in his first Budget, warning that further tax rises risk choking off investment and jobs. The Confederation of British Industry (CBI) called on the Chancellor to give firms “breathing space” at the Budget on 28 October, as businesses grapple [...]