Business

Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA), has warned that the UK’s financial system is “not prepared” to withstand the growing wave of geopolitical and cyber threats facing the global economy. Speaking at the City Dinner at Mansion House in London, Rathi said the impact of modern conflict now reaches “balance sheets, funding, markets and consumers as …

Financial advisers across the UK are warning of a growing trend in private medical insurance (PMI) cancellations as businesses and households tighten their belts in the face of rising taxes, inflation and economic uncertainty. During the Covid pandemic, PMI uptake more than doubled. According to comparison site ActiveQuote.com, sales between November 2020 and January 2021 surged by 100% compared with …

Astut, an Oxford University spinout developing AI for unprecedented decision-making, has raised £1.6 million in seed funding to help businesses and institutions navigate crises and high-stakes challenges where no historical data exists. The round was co-led by East X Ventures and Sure Valley Ventures (SVV), with participation from the UK Innovation & Science Seed Fund (UKI2S), managed by Future Planet …

Barclays has revealed a £110 million loss tied to the collapse of Tricolor, a US subprime auto lender accused of fraud — an event now seen as a major warning sign for the $3 trillion private credit market. The bank confirmed the impairment in its third-quarter results, which otherwise met expectations, showing pre-tax profits of £2.1 billion — down 7% …

Paygentic, a London-based startup building payments infrastructure for AI-native and agent-driven businesses, has raised $2 million (£1.6m) in pre-seed funding to expand its team and accelerate product development. The funding round was led by MiddleGame Ventures, with participation from Anamcara Capital, Aperture, Angel Invest, and Alan Morgan, chairman at Adfisco. Founded by Susan O’Neill and Samuel Alarco Cantos (pictured), Paygentic …

The idea of owning an electric car was something futuristic. The concept of people’s silent rides, zero emissions, and avoiding the petrol pump was loved by people. However, it was not that difficult to get a car but to charge it. Drivers were concerned about the long drive when they would run out of power or spend hours recharging. That …

In the world of combat sports, gear plays a vital role in performance. Whether you’re training Brazilian Jiu-Jitsu (BJJ), wrestling, or mixed martial arts (MMA), your apparel must withstand intense movements, friction, and constant pressure. One essential piece of training gear that often goes unnoticed is grappling shorts. For athletes who value performance and quality, grappling shorts Hayabusa stand out …

Coogan Smith, LLP is the largest full-service law firm in the Attleboro area and one of Southern New England’s most respected legal institutions. Founded in 1946 by former Mayor John W. McIntyre and Harvard Law graduate Edmund F. Henry, the firm was built on the belief that strong legal counsel should also strengthen the community it serves. Over the decades, …

Retail theft costs UK businesses over £1 billion annually, according to the British Retail Consortium. With organised retail crime, shoplifting, and employee theft on the rise, store owners are increasingly turning to AI-powered video surveillance systems. The right platform not only helps detect suspicious activity but also integrates with access control to manage restricted zones and protect inventory. Below are …

Writing academic papers can be a challenge, especially when students are expected to meet high standards for grammar, structure, and clarity. Trinka ai Grammar Checker is designed to simplify this process by providing real-time grammar corrections and enhancing overall writing quality. This tool empowers students to write with confidence, knowing that their grammar is flawless and their ideas are communicated …