Tagged: united kingdom

November 17, 2025 @ 8:15 am By Omar Faridi  |  

KPMG noted that the vast majority or 86 per cent) of energy and technology business professionals in the UK now believe that without AI it would take longer for their organisation to achieve its net zero goals, according to KPMG’s report on AI and the… Read More

November 17, 2025 @ 2:20 am By Omar Faridi  |  

UK’s digital bank OakNorth provided a £7.5m loan to McAvoy, one of the UK and Ireland’s market leaders in the manufacturing and rental of premium modular buildings. The facility supports the business’ working capital requirements after its acquisition by European mid-market private equity firm, Duke… Read More

November 17, 2025 @ 1:54 am By Omar Faridi  |  

UK crypto investors are nearly twice as likely to be motivated by long-term wealth building than by short-term gains, according to research from investing and trading platform IG (LSEG:IGG). In a recent survey of more than 500 UK crypto holders, the majority or 51% stated that… Read More

November 13, 2025 @ 8:01 am By Omar Faridi  |  

Yael Selfin, Vice Chair and Chief Economist at KPMG in the UK, has shared key insights and comments on the recent labour market data. Selfin noted that the United Kingdom‘s labour market continues to weaken as employers await seemingly vital Budget updates. Yael Selfin of… Read More

November 13, 2025 @ 7:59 am By Omar Faridi  |  

PayPal (NASDAQ: PYPL), which offers one of the widely-used digital wallets in the United Kingdom, is reportedly relaunching as a “unified” payment experience for clients to shop online and now in-stores. PayPal’s offering is intended to make shopping more rewarding for British consumers. Beginning now,… Read More

November 13, 2025 @ 12:09 am By Omar Faridi  |  

NatWest has recently unveiled the roll-out of shared ownership mortgages, which aim to offer improved accessibility and flexibility to customers looking to become homeowners. Shared ownership enables clients to buy a percentage of their home. NatWest will enable customers to borrow to fund purchases from… Read More

November 12, 2025 @ 8:08 am By Omar Faridi  |  

Lloyds Banking Group will launch the UK’s first large-scale, multi-feature AI-powered financial assistant, set to transform the way over 21 million customers manage their money through the mobile app. This launch is a key milestone in Lloyds Banking Group’s journey to embed AI as a… Read More

November 9, 2025 @ 5:29 am By Omar Faridi  |  

Experian UK&I is introducing what it claims is an improved credit score that better reflects how credit applications are assessed, giving consumers a clearer picture of their overall borrowing potential and “more ways to improve their score.” The updated score includes new data, such “as… Read More

November 8, 2025 @ 3:30 pm By Omar Faridi  |  

KPMG UK has recently shared commentary on the latest Bank of England rate decision. As widely reported and anticipated, The Bank of England has decided it will keep rates on hold as it awaits the Budget, noted Yael Selfin, Chief Economist at KPMG UK. Yael Selfin of… Read More

November 7, 2025 @ 7:56 am By Omar Faridi  |  

AI adoption within UK accountancy and bookkeeping practices is now said to be signficantly enhancing sector profitability, driving a considerable boost to the wider economy and fundamentally transforming hiring across the industry. This is according to a recent research study released by Xero, the small… Read More

November 6, 2025 @ 4:32 pm By Omar Faridi  |  

The UK Treasury has asked the Financial Services Skills Commission (FSSC) to prepare a report on AI focused skills requirements, training as well as ongoing tech advancements in financial services. With AI talent in growing demand and increase in the technology’s overall adoption, the United… Read More

November 6, 2025 @ 7:46 am By Omar Faridi  |  

In response to the UK government releasing the Financial Inclusion Strategy, Viktor Prokopenya, the Founder of Capital.com, has shared key insights with CI. Viktor Prokopenya of Capital.com has said there is now a pressing need to improve financial literacy, which equates to “a need to… Read More

November 5, 2025 @ 8:30 am By JD Alois  |  

Tokenovate, a UK-based Fintech offering post-trade solutions, has announced a new service called Novat, which is described as providing programmable settlements for tokenized assets. As all asset classes, including securities, become digital or tokenized, there are opportunities for innovators to provide modern services to capital… Read More

November 4, 2025 @ 8:11 am By Omar Faridi  |  

Digital bank OakNorth has reportedly provided an £87.6m property investment facility to Elysian Residences, the specialist retirement living developer and operator, to refinance its completed schemes – The Denton in Berkhamsted and The Beckett in Tunbridge Wells. These schemes are now said to be part… Read More

November 3, 2025 @ 12:54 am By Omar Faridi  |  

Starling Bank is leveraging AI in order to help customers spot the warning signs of so-called purchase scams. The digital tool, Scam Intelligence, allows clients to upload images of various items as well as ads from various marketplaces, and analyses them for potential signs of… Read More

November 2, 2025 @ 12:40 pm By Omar Faridi  |  

TS Anil will be stepping down after nearly six years of being in charge at UK’s digital bank Monzo. Anil is now making way for Diana Layfield, who is the former GM of search international and growth at Google. In statements shared with Bloomberg, Anil… Read More

November 1, 2025 @ 11:11 am By Omar Faridi  |  

Experian, the data and technology company, announced the acquisition of KYC360 in the United Kingdom as well as Ireland, which will aim to enhance its fraud and financial crime compliance solutions. Know Your Customer (KYC) and Know Your Business (KYB) are said to be foundational… Read More

October 31, 2025 @ 8:39 am By Omar Faridi  |  

UK small business revenue and jobs are still said to be growing somewhat steadily but losing momentum after a fairly reasonable start to 2025, according to the Xero Small Business Insights (XSBI) data from Xero, the global small business platform. The research report noted that… Read More

October 31, 2025 @ 8:28 am By Omar Faridi  |  

UK business confidence rose during October, increasing 8 points to 50%, according to the Lloyds Business Barometer. The significant increase comes after a drop in September, with the recent uplift said to be marked by increased confidence across several regions as well as sectors. Overall… Read More

October 31, 2025 @ 8:20 am By Omar Faridi  |  

KPMG bas noted recently that around 15% of UK consumers said that they intend to use AI chatbots (such as Chat GPT and Gemini) in order to search for various deals this Black Friday period, increasing to one in three among younger age groups –… Read More