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The Financial Conduct Authority has published a major review into the impact of artificial intelligence on retail financial services, warning that AI could reshape firm operations, consumer journeys, competition and financial crime risk by 2030. The Mills Review, led by...
#artificial intelligence#automation#cyber risk
YouLend and Just Eat Takeaway.com have provided more than €150m in financing to restaurants and takeaways across seven European markets,…
#embedded finance#hospitality finance#Just Eat
Investec Bank plc has appointed Terry Koizou as Head of Client Relationship Management in its UK Corporate Banking business, supporting…
#Investec#mid-market finance#relationship banking
The UK’s Commercial Payments Bill is turning payment terms into a working capital compliance issue for large businesses and their…
#Commercial Payments Bill#late payments#Payables finance
UK lenders reported a slight fall in credit availability for small and medium-sized businesses in the second quarter, according to…
#Bank of England#Business lending#credit conditions
The UK government has accepted the Trade Remedies Authority’s recommendation to keep duties on biodiesel imports from Indonesia in place…
#biodiesel#Indonesia#tariffs
Late payment is creating a hidden operational burden for UK small businesses, with owners spending an average of 86 hours…
#late payments#receivables finance#Sage
The UK Trade Remedies Authority has opened an anti-dumping investigation into imports of Linear Low-Density polyethylene from the United States,…
#anti-dumping#INEOS#LLD polyethylene
The UK’s new steel trade measure has taken effect, cutting tariff-free import quotas and introducing a 50% tariff on above-quota…
#import finance#supply chains#tariffs
eCapital UK has appointed Mark Finn as group managing director as the invoice finance and asset-based lending provider looks to…
#asset based lending#eCapital UK#invoice finance
Finverity has appointed former ING Global Head of Supply Chain Finance Oliver Petersen as Chief Commercial Officer, strengthening its senior…
#Finverity#ING#Oliver Petersen
UK business confidence fell in June, but companies with an international outlook remained more optimistic than domestically focused firms, according…
#business confidence#Lloyds#sme finance
UK Export Finance has launched a new £50bn Defence Export Fund, creating the largest expansion of financial support in the…
#defence exports#ECA finance#export finance