Finance

Average start-up loan value falls to £142k and loan volumes drop by more than half

Average start-up loan value falls to £142k and loan volumes drop by more than half

    New analysis of startup loans with personal guarantees attached has found that the average loan has fallen over 138% in ..

Nucleus Commercial Finance demonstrates appetite for Northern growth with Business Development Hire

Nucleus Commercial Finance demonstrates appetite for Northern growth with Business Development Hire

  Nucleus Commercial Finance (Nucleus), the UK fintech expert, has further highlighted its growth ambitions, strengthening its bu..

Intertrust Group supports the Liquidity and Sustainability Facility’s (LSF) inaugural transaction

Intertrust Group supports the Liquidity and Sustainability Facility’s (LSF) inaugural transaction

    Intertrust Group, a world leader in providing capital markets services to clients in over 30 jurisdictions, has played a pivo..

Financial services firms hiring flexible interims to safeguard earnings

Financial services firms hiring flexible interims to safeguard earnings

  As the demand for financial services talent continues apace, CFOs have warned that the spiralling upward wage rises cannot be s..

Top trends we can expect to see in digital finance over the next 10 years

Top trends we can expect to see in digital finance over the next 10 years

  Digital banking has become a fundamental requisite for most banks and their digitally savvy consumers. It is believed that by 2..

Shares slip, yields rise as U.S. data sparks rate hike concerns

Shares slip, yields rise as U.S. data sparks rate hike concerns

By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Global stocks slid and Treasury yields rose on Monday as investors i..

Sterling slips as boost from new China COVID rules fades

Sterling slips as boost from new China COVID rules fades

By Amanda Cooper LONDON (Reuters) – The pound slid on Monday, as an initial jolt of investor enthusiasm over signs of possible l..

BIS warns of $80 trillion of hidden FX swap debt

BIS warns of $80 trillion of hidden FX swap debt

By Marc Jones LONDON (Reuters) – The Bank for International Settlements (BIS) has warned that pension funds and other ‘non..

ECB’s Makhlouf expects 50 bps rate hike in December

ECB’s Makhlouf expects 50 bps rate hike in December

(Corrects first paragraph to say rates ‘may have to move into restrictive territory’, not ‘would have to’) By ..

Stocks fall as strong U.S. payrolls muddies rate bets

Stocks fall as strong U.S. payrolls muddies rate bets

By Sinéad Carew NEW YORK (Reuters) – Equities took a dip on Friday while U.S. Treasury yields climbed as investors bet on a more..

Irish corporate tax boom breaks more records in November

Irish corporate tax boom breaks more records in November

DUBLIN (Reuters) – Ireland took in more corporate tax in November than it used to collect in entire years a decade ago, as a rec..

The ‘Nightmare before Christmas’ is Over for Accountants

The ‘Nightmare before Christmas’ is Over for Accountants

January is unquestionably the most challenging month for accountants due to personal tax returns, but the run-up isn’t any easie..

Wall Street seen opening higher but U.S. recession priced in

Wall Street seen opening higher but U.S. recession priced in

By Carolyn Cohn LONDON (Reuters) – U.S. stock index futures rose on Friday, indicating a higher open on Wall Street, as investor..

ECB could slow rate hikes, but bond run-off should start soon, Knot says

ECB could slow rate hikes, but bond run-off should start soon, Knot says

FRANKFURT (Reuters) – The European Central Bank may slow the pace of interest rate hikes but should soon start running down its ..

Thrive Accountants Professionalises New R&D Tax Revenue Stream with WhisperClaims Empowering the Accountants’ ‘Trusted Advisor’ Role

Thrive Accountants Professionalises New R&D Tax Revenue Stream with WhisperClaims Empowering the Accountants’ ‘Trusted Advisor’ Role

  Thrive Accountants, a specialist accounting firm for B2B early-stage tech founders and start-ups, has partnered with R&D ta..

Finance

A hub for financial services data jobs

A hub for financial services data jobs

    ~ New jobs platform launches, supporting a data-driven financial industry ~   The UK’s largest dedicated platform for data and anal..

Visibility over Cash will be Key to Surviving Economic Storm,  Claim Majority of Global C-Suite Execs and Finance and Accounting Professionals

Visibility over Cash will be Key to Surviving Economic Storm, Claim Majority of Global C-Suite Execs and Finance and Accounting Professionals

  Two thirds agree that understanding cash flow in real time will be crucial – but just 2% of those surveyed by BlackLine a..

ACCOUNTING IN THE METAVERSE: IS IT TOO SOON TO INVEST?

ACCOUNTING IN THE METAVERSE: IS IT TOO SOON TO INVEST?

Accountants at a leading Midlands practice have insisted on caution about investing in the metaverse ahead of the cost-of-living crisi..

The impact of the cost-of-living crisis on financial vulnerability

The impact of the cost-of-living crisis on financial vulnerability

By Tim Farmer, Clinical Director at Comentis When considering the impact of the rising cost of living on financial vulnerability, it’s..

Finance won’t be immune to the recession, but nearshoring will ‘soften the blow’, says head tech consultant

Finance won’t be immune to the recession, but nearshoring will ‘soften the blow’, says head tech consultant

  A tech consultancy head says while banking and financial services won’t be immune to the recession, nearshore outsourcing will ..

What you need to know about consumers in 2023 

What you need to know about consumers in 2023 

  GWI launches its annual Connecting the Dots report, revealing the major consumer trends for 2023  Report shows that sustainabil..

Explainer-Bracket creep, fiscal drag: how inflation warps the tax take

Explainer-Bracket creep, fiscal drag: how inflation warps the tax take

By Leigh Thomas PARIS (Reuters) – While households struggle to cope with rocketing prices, the inflation spike is good for the t..

Finance

Data shows reliance on contract labour – and employers are paying for the privilege

Data shows reliance on contract labour – and employers are paying for the privilege

  UK businesses are paying more for contractors as skills shortages and economic uncertainty drive demand for temporary support. That’s based on ..

Dollar set for biggest two-day fall since 2009 as rate outlook shifts

Dollar set for biggest two-day fall since 2009 as rate outlook shifts

By Amanda Cooper LONDON (Reuters) -The dollar headed for its biggest two-day drop in almost 14 years on Friday, as investors piled int..

Wall St heads higher as Fed rate hopes dent dollar

Wall St heads higher as Fed rate hopes dent dollar

By Huw Jones LONDON (Reuters) – Global stocks rose on Friday for a second day on hopes that peaking U.S. inflation means less ag..

Moody’s Analytics: Forward-thinking compliance teams view perpetual KYC as the future of compliance

Moody’s Analytics: Forward-thinking compliance teams view perpetual KYC as the future of compliance

  Research finds that most organizations see pKYC as key to better understanding their risk during uncertain times New York, Nove..

FCA’s Consumer Duty: What financial marketers must consider

FCA’s Consumer Duty: What financial marketers must consider

  With under six months until the Financial Conduct Authority’s (FCA) new Consumer Duty rules roll out (31st July 2023), research..

Money – Is it still the family taboo

Money – Is it still the family taboo

  By Alice Edwards, Solicitor at Winckworth Sherwood With the cost of living crisis, rising interest rates and proposed tax chang..

Behind FTX’s fall, battling billionaires and a failed bid to save crypto

Behind FTX’s fall, battling billionaires and a failed bid to save crypto

By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught ..

Dollar tumbles as U.S. nonfarm payrolls show mixed picture

Dollar tumbles as U.S. nonfarm payrolls show mixed picture

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slumped on Friday after the U.S. nonfarm payrolls report for October..

New carbon accounting standards crucial in matching changing climate investment landscape

New carbon accounting standards crucial in matching changing climate investment landscape

Specific accounting standards are urgently needed for new asset types such as certified carbon offset credits, according to a new repo..

Expert View: Bank of England lifts UK rates to 3% in historic hike

Expert View: Bank of England lifts UK rates to 3% in historic hike

LONDON (Reuters) – The Bank of England raised UK interest rates to 3% on Thursday in its largest rate hike since 1989 and warned..

CB Reid Gets Ahead of the Curve with WhisperClaims’ Technology to Deliver Best-in-Class R&D Tax Service

CB Reid Gets Ahead of the Curve with WhisperClaims’ Technology to Deliver Best-in-Class R&D Tax Service

  Accounting Firm Moves Away from Manual Processes to Offer Clients a Comprehensive Value-Add Service CB Reid, an independent fir..

European stocks hit six-week high on hopes for rate hike slowdown

European stocks hit six-week high on hopes for rate hike slowdown

By Elizabeth Howcroft LONDON (Reuters) -European stocks rose on Tuesday and the positive market sentiment was set to continue on Wall ..

Cryptoverse: Bitcoin wants to break its bond with stocks

Cryptoverse: Bitcoin wants to break its bond with stocks

(Our weekly analysis of the wild world of cryptocurrencies. Repeats for additional subscribers) By Lisa Pauline Mattackal and Medha Si..

GSI Group expands towards £1 billion portfolio goal with acquisition of Oakfield Financial Consultants

GSI Group expands towards £1 billion portfolio goal with acquisition of Oakfield Financial Consultants

  Leading south-east financial planning company, The GSI Group, has bought out Oakfield Financial Consultants Ltd as a first acqu..

Monte dei Paschi’s cash call 93% covered so far despite low shareholder take-up

Monte dei Paschi’s cash call 93% covered so far despite low shareholder take-up

By Valentina Za MILAN (Reuters) -Italy’s Monte dei Paschi di Siena said its up to 2.5 billion euro ($2.5 billion) capital increa..