Tagged: united kingdom

December 22, 2025 @ 9:03 am By Omar Faridi  |  

KPMG UK has recently shared key insights on the latest labour market data along with other commentary on recent developments. Persistent inflation, growing unemployment concerns, along with more general economic uncertainty remain potentially significant factors that could have a considerable impact on the United Kingdom‘s… Read More

December 22, 2025 @ 9:02 am By Omar Faridi  |  

Aegon UK is now reportedly set to further extend its private market approach into its “second-largest” workplace default fund, the £12 billion Aegon LifePath strategy, currently serving “more than 375,000 pension savers.” From summer 2026 onwards, Aegon LifePath will aim to invest across “a broader… Read More

December 22, 2025 @ 9:00 am By Omar Faridi  |  

Cryptocurrency exchange Bybit has resumed services in the United Kingdom following a two-year suspension, marking a seemingly calculated return to one of Europe’s most tightly regulated markets. The Dubai-based platform, which ranks as one of the largest crypto exchanges by trading volume (despite suffering a… Read More

December 21, 2025 @ 10:40 pm By Omar Faridi  |  

Lumera, an insurtech company dedicated to the digital transformation of the European Life and Pensions industry, entered into an agreement to acquire Acuity, a consultancy firm serving the UK market, specializing in pensions and workforce reforms for public sector pension schemes. The firm reportedly has… Read More

December 19, 2025 @ 9:07 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has announced it will lift the contactless payments limit starting in March. In a statement posted today, the FCA said this will remove red tape and provide greater flexibility. Payments providers, including banks, with strong fraud controls, will be… Read More

December 18, 2025 @ 7:55 am By Omar Faridi  |  

Octopus Energy customers are now able to get their account credit back faster because of a new tie-up with fintech company GoCardless. Octopus has completed one of the Direct Debit migrations in the UK, “moving 5.5 million accounts and £12 billion of payments to GoCardless… Read More

December 17, 2025 @ 1:19 am By JD Alois  |  

Griffin, a banking-as-a-service platform that focuses on Fintechs and platforms, says it had a banner year, experiencing 5X growth in revenue while processing over £3 billion in payments. Griffin is a regulated bank in the UK that offers a full-stack, API driven platform for embedded… Read More

December 16, 2025 @ 10:34 am By JD Alois  |  

TrueLayer, a European payments network that offers Pay by Bank payments, is reporting that its Chief Operating Officer, Rob Kerrigan, will be joining the newly formed UK Payments Initiative (UKPI). TrueLayer joins 30 other firms in the payments sector, including all major UK retail banks…. Read More

December 16, 2025 @ 10:09 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has posted an update on Open Banking. Unlike in the US, the UK has outlined prescribed requirements for financial services firms to allow customers to control their data, specifying who may access it, while providing streamlined processes for changing… Read More

December 16, 2025 @ 8:20 am By Omar Faridi  |  

LendInvest Mortgages (LSE: LINV), an alternative platform for property finance, announces the launch of a long-term development finance funding partnership with AB CarVal and HSBC, intended to scale the company’s development finance proposition and enable the delivery of new homes across the nation. The funding… Read More

December 16, 2025 @ 8:11 am By Omar Faridi  |  

The British Business Bank announced a £15 million investment into PolyAI, a key player in enterprise conversational AI, as part of an $86 million Series D round. The round has reportedly been co-led by Georgian, Hedosophia, Khosla Ventures, with additional investment from NVentures (NVIDIA’s VC… Read More

December 15, 2025 @ 7:53 am By Omar Faridi  |  

Aberdeen Investments has reached agreement with MFS to acquire the management of closed end fund (CEF) assets totalling £1.5bn, further cementing Aberdeen’s position as the “fifth largest” asset manager of CEFs internationally. Via a series of mergers and reorganisations, nine MFS funds, in addition to… Read More

December 11, 2025 @ 1:00 am By JD Alois  |  

Online lender LoanTube (trading as Tiger Lion Financial Limited) says its credit marketplace is now available via ChatGPT. Of note, LoanTube’s ratings on TrustPilo are pretty good. According to a release, LoanTabe states that loan applications can be completed via chat in a “conversational interface…. Read More

December 10, 2025 @ 7:57 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking, announces its partnership with Finseta plc , a foreign exchange and payments solutions company, to deliver agency banking services supporting GBP and multi-currency (MCCY) accounts. Under this partnership, Finseta will leverage ClearBank’s virtual IBAN tech in… Read More

December 9, 2025 @ 2:00 am By Omar Faridi  |  

Some key findings from the latest KPMG UK jobs report highlight the fast-evolving activities in the nation’s business and hiring sectors. The main takeaways are as follows from the latest KPMG report: Weaker, but still marked, reduction in permanent worker demand Uncertainty and higher staffing… Read More

December 8, 2025 @ 10:41 am By JD Alois  |  

Winterflood has announced that it has been approved as a Registered Auction Agent [RAA] on the LSE’s Private Securities Market or PISCES [Private Intermittent Securities and Capital Exchange System] market. The LSE was the first market to gain approval under the new rules. PISCES is… Read More

December 8, 2025 @ 8:31 am By JD Alois  |  

The British Business Bank says it has committed $100 million to SV Health Investors’ new flagship fund, SV8 Biotech Fund LP. This is said to be the Bank’s largest commitment to date. The investment is to support the UK’s Life Sciences Sector Plan. SV Health… Read More

December 5, 2025 @ 8:19 am By Omar Faridi  |  

The UK economy is set to slow to around 1.0% in the coming year, down a bit from 1.4% in 2025, as a combination of a “softening labour market and subdued consumer confidence” constrain household spending, according to KPMG UK’s Economic Outlook. As noted in… Read More

December 5, 2025 @ 12:20 am By Omar Faridi  |  

The British Business Bank announced that in the two years since its launch the £70million Investment Fund for Northern Ireland has directly invested £30million into local firms. Additionally, these new investments into smaller businesses on differing stages of their growth journey have “crowded in co-investment… Read More

December 4, 2025 @ 9:18 pm By Omar Faridi  |  

The Basel Committee recently released its assessment reports that are focused on the implementation of its global standards in the United Kingdom. According to an update shared by BIS, assessments find the UK regulations largely compliant with the Basel Committee’s Net Stable Funding Ratio standard… Read More