February 15, 2024

Navigating AI Transformations in Finance: UK Insights for 2024

The financial landscape in 2024 is undergoing significant transformations driven by economic shifts, technological advances, and geopolitical influences. The digital transformation is reshaping operations in traditional and neo banks, with AI trends, open banking, and cryptocurrencies playing pivotal roles.   Looking back at the lessons from 2023, it’s evident that innovation is critical for financial organizations. Embedded finance, tokenization, and […]

United Kingdom
January 15, 2024

Navigating Turbulence: FPC’s Stewardship in a Complex Financial Landscape

Amidst global economic uncertainties, geopolitical tensions, and evolving market dynamics, the Financial Policy Committee (FPC) stands as a vigilant guardian of the UK’s financial stability. We delve into the FPC’s strategic responses to challenges, assessing global risk environments, financial market developments, and vulnerabilities in both household and corporate sectors. Exploring the resilience of the banking sector and the FPC’s key […]

United Kingdom
December 31, 2023

Chancellor Jeremy Hunt Unveils Pivotal Financial Roadmap for the Year Ahead

In a recent House of Commons address, Chancellor Jeremy Hunt laid out the government’s financial blueprint for the upcoming year, impacting individual finances and allocating funds for crucial public services. Here’s a concise summary of the key points:   Taxation and Income Adjustments: Main National Insurance rate drops from 12% to 10% from January 6, affecting 27 million individuals. Class […]

United Kingdom
November 10, 2021

UK Autumn Budget

Rishi Sunak announced his third Budget as Chancellor of Exchequer to Parliament on Wednesday, 27th October 2021. It is a fiscal approach designed to prepare the UK for an “age of optimism” in the post-Covid-19 economy.   The Office for Budget Responsibility confirmed that economic growth in 2021 had been revised up from 4% to 6.5%, with the economy set to […]

United Kingdom

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