Finance & Risk
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NYT reporter John Carreyrou sues AI developers over data use
John Carreyrou files a federal lawsuit against six AI developers. The complaint alleges the companies used copyrighted books, including his own work, without consent to train their chatbots — opening a new front in the industry’s deepening legal battle over training data.
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Fast-growth UK companies face heightened HMRC scrutiny: it’s time to act
HMRC is intensifying its scrutiny of fast growing UK companies. Francesca Titus, barrister and white-collar crime partner at McGuireWoods, warns that expanding enforcement powers, AI-led investigations, and new criminal offences are raising the stakes. For scale-ups, proactive compliance is now essential — before HMRC comes knocking.
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Gold and silver hit record highs amid rate-cut bets
Gold and silver broke all-time records on Monday as investors priced in 2026 rate cuts, capping a historic year for precious metals amid slowing global growth and renewed safe-haven demand.
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Womble Bond Dickinson advises Lomond on KFH mortgage division sale
Lomond completes strategic sale with Womble Bond Dickinson. The transaction follows Lomond’s landmark acquisition of Kinleigh Folkard & Hayward earlier this year, underscoring the company’s expanding national property footprint and the continued legal partnership between Lomond and Womble Bond Dickinson.
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The future of the financial industry in a digital age
Customer engagement in the financial sector is evolving at speed. Jon Burghart, Chief Revenue Officer at AnywhereNow, examines how legacy systems, fragmented data, and overstretched teams are redefining how banks serve their customers. The winners will be those who unify people, technology, and data into one strategy.
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Basware acquires Redmap to expand AP automation in Australia
Basware strengthens its AP automation reach through Redmap acquisition. The global invoice automation leader has acquired Australian AP software provider Redmap, expanding its reach across the fast-growing Asia-Pacific market as governments and businesses accelerate adoption of e-invoicing and compliance automation.
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Amidst all the uncertainty, has the Budget offered a new dawn for SMEs to invest?
UK SMEs may finally have reason for cautious optimism. Rory Crisp-Jones of Jones & Co Finance argues that the Autumn Budget has provided long-awaited stability and renewed incentives to invest — from full expensing and a new 40% First-Year Allowance to a steady 25% corporation tax rate — shifting the balance towards growth.
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UK Treasury to bring cryptocurrencies within mainstream financial regime by 2027
The UK Treasury plans to extend financial regulation to cryptocurrency markets, requiring exchanges and wallet providers to register with the FCA and meet anti-money-laundering standards. The new rules, set to take effect by 2027, aim to boost investor confidence and ensure global competitiveness.
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AI prompts average £2,350 investments from UK savers
UK savers are investing £2,354 on average after consulting AI platforms. More than half of adults now use tools like ChatGPT for financial advice, though banks’ websites and Money Saving Expert remain the most trusted sources of guidance across all age groups, according to new research by STRAT7.
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Raindrop reunites UK savers with £1bn in lost pensions
Raindrop has helped savers recover £1 billion in lost pensions. The pension-finding platform, which partners with major UK financial providers, has traced more than 100,000 missing pots, reconnecting customers with savings worth an average of £11,000 each since launch.