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UK inflation rate stayed at 3.8 per cent in August. Headline consumer prices were unchanged from July, while housing and food costs remained elevated, leaving the Bank of England under pressure as it weighs its next decision on interest rates.
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SEON secures $80m Series C funding led by Sixth Street. The AI-driven fraud prevention platform, based in Budapest and Austin, serves clients like Revolut and Spotify. It aims to enhance fraud detection and compliance amidst rising regulatory pressures.
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HMRC loses £836m to tax loophole abuse, exceeding estimates. The practice of ‘phoenixing’ has significantly impacted HMRC’s ability to collect taxes, with losses reaching £836m in the 2022-23 tax year, surpassing previous estimates by 45 per cent.
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This week’s UK M&A activity spanned mining, housing, marketing, legal services, and reinsurance. From a $50 billion copper mega-merger to digital-first disruption of property law, the deals illustrate the UK’s role as a stage for global capital and strategic sector reshaping.
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US consumer prices rose at their fastest annual pace since January. The increase complicates the Federal Reserve’s upcoming decision on interest rates, as labour market indicators show weakness. Investors widely expect a rate cut next week, but rising inflation may limit the scale or speed of any adjustment.
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The UK economy registered absolutely zero growth in July 2025. The stagnation follows a stronger June and leaves the government under pressure to deliver credible pro-growth measures in its November Budget. Inflation concerns and global headwinds continue to weigh on the outlook.
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Gartner’s new hype cycle maps AI in finance. The research identifies nine technologies set to reach mainstream adoption within two years, including generative AI, responsible AI and hyperautomation, while cautioning CFOs against the risks of over-inflated expectations.
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UK fintech activity remains robust despite investment decline in 2025. The first half of 2025 saw significant acquisitions and partnerships in UK fintech, though investment fell by five per cent. Threats from emerging financial hubs continue to challenge the sector.
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Anglo American and Teck agree to a $53 billion merger. London-listed Anglo American will merge with Canada’s Teck Resources to form Anglo Teck, aiming to capitalise on copper demand while promising synergies. The move drew mixed reactions in the UK amid concern over the new entity’s Canadian base.
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Electric Hydrogen acquires Ambient Fuels, partners with Generate Capital. The acquisition and partnership aim to meet increasing demand for clean hydrogen. Electric Hydrogen’s collaboration with Generate Capital will reduce hydrogen project costs and provide comprehensive development and financing solutions….