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Labour celebrates 100th banking hub but economic slowdown steals headlines

The British government’s excitement around the progress of its retail banking hubs initiative has been overshadowed by the news that UK economic growth has...

UK budget: tech research funding welcomed but tax raises cause concern

The UK budget announced by the government earlier this week had a lot to unpack for both businesses and consumers, with some policies becoming...

UK Autumn Budget: Reeves raises taxes by £40bn to “restore economic...

In a bid to rebuild the British economy by "putting pounds back in people's pockets", Chancellor of the Exchequer Rachel Reeves revealed the Labour...

Open Banking arms race heats up as UK introduces another data...

The Labour government has taken its second measure aiming to better leverage the power of data in the country’s economy, introducing the Data Use...

British BNPL growth prompts government to introduce new rules

The UK government has made its latest move around buy now, pay later (BNPL), an increasingly popular payment method among British consumers.HM Treasury has...

US investment giant commits £10bn to UK govt’s AI data centre...

The UK government plans to set up the ‘biggest AI data centre in Europe’ with support from Blackstone, a major US alternative investment company.Blackstone...

Home Office Minister notes extent of AI-backed fraud threat

A senior government official has commented on Artificial Intelligence’s (AI) impact on fraudulent activity following the release of research data by Starling Bank, a...

UK govt pledge to fix economic foundations as inflation climbs to...

All good things must come to an end eventually, and the UK’s long streak of economic relief stuttered to a halt today as inflation...

SME Finance Taskforce drafts smart data roadmap for British government

A UK government agency tasked with fostering financial innovation has mapped out how it hopes ‘Smart Data’ will support British SMEs. and how this...

Labour to revive UK BNPL regulation talks to protect consumers

The newly elected Labour government is set to begin talks on best measures to regulate the UK Buy Now, Pay Later (BNPL) sector. UK City...

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