Moving Markets Today: Australia Slips, Asia Closed for Holidays, Bitcoin Surges, Gold Pauses in Light Trading; Focus on Tuesday’s U.S. Inflation Report and Fed Official Speeches Stock markets in the …
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Lloyd’s Lab Central Fund boosts tech firms Axio and REOR20
Lloyd’s of London has named the two companies receiving the first investments from its Central Fund private markets allocation. The two promising ventures that are set to receive support are …
Badenoch under pressure to revive sweeping audit reform
Kemi Badenoch is under pressure from a top City group to revive a sweeping shake-up of audit rules after the government shelved many of its reform plans last year, City A.M. …
Water firms face new fines for poor customer service
Water companies could be fined up to a tenth of their turnover for poor customer service, under new powers given to the water regulator for England and Wales. Ofwat today …
Over a quarter of lawyers use AI tools despite security fears
The number of lawyers using generative AI tools at least once a month has more than doubled in half a year, according to a survey. Twenty-six per cent of legal …
Bank of England to start cutting interest rates in May with inflation on its way to target
Top economists expect the Bank of England to start cutting interest rates in May while predicting a sharp fall in inflation over the remainder of 2024. Just under half (43 …
Business confidence ‘cautiously’ returns as service sector continues recovery
A continued recovery for the service sector has boosted UK business confidence as output levels start to inch closer to pre-inflation highs. According to the Output Index of accountancy and …
The UK currently wears the fintech crown – but complacency will quickly lose it
The UK’s fintech scene is thriving now, but that doesn’t mean we can afford to rest on our laurels, writes Kelly Devine Britain has long been a hotbed for tech …
Forget wind, the UK is the perfect place to focus on solar power
Don’t let the gloomy weather fool you, the UK is perfectly poised to harness solar power, writes Mark Owen-Lloyd As extreme weather conditions become an ever more frequent phenomenon in …
Team GB snap up partnership deal with TikTok
Team GB have announced a partnership with TikTok as the 2024 Olympic Games in Paris fast approaches. The deal will see Olympic and Paralympic athletes from Britain produce exclusive content …