Finance & Risk
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Errors cause $549bn invoice blind spot, claims Basware
Two in five invoices reach finance teams with errors. New data from Basware shows automation could reclaim hundreds of hours and bring oversight to $549bn in unmanaged spend.
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Crédit Agricole pledges 90/10 green financing
Crédit Agricole sets ambitious sustainable finance targets for 2028. The Paris-based bank aims for a 90/10 green-brown ratio, facilitating €240 billion in transition financing and achieving €1 billion in sustainable finance revenues by 2028.
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Banking chief warns Reeves on Budget fixes
UK Finance CEO warns against bank tax hikes in Budget. David Postings cautions that increasing taxes on banks could harm London’s competitiveness and economic growth. He emphasises the financial sector’s role in job creation and tax contributions.
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Lloyds Banking Group to acquire Curve in £120 million fintech deal
Lloyds Banking Group has agreed to acquire London fintech Curve for a reported £120 million. The move marks the bank’s latest step in expanding its digital payments and wallet capabilities, aiming to integrate Curve’s card-consolidation technology into its mobile platform by mid-2026, subject to regulatory approval.
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Slight reprieve as UK inflation dips to 3.6% in October
The UK’s annual inflation rate eased to 3.6 per cent in October. It marked the first decline in five months, according to the Office for National Statistics.
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Are your leaders sabotaging your strategy?
Behavioural risk is the invisible factor derailing corporate strategy. Simon Keslake, Co-founder of Behavioural Risk Intelligence, reveals how cognitive bias and group dynamics among senior leaders can quietly undermine resilience — and how understanding these behavioural patterns can transform strategy execution, leadership performance, and long-term organisational stability.
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Bitcoin tumbles below $90,000 amid mounting risk-off sentiment
Bitcoin slid beneath US $90,000 for the first time in seven months. The world’s largest cryptocurrency is now down nearly 30 percent from its October peak, as investor appetite for risk assets continues to fade.
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Many UK fintech founders eye overseas move
Rachel Reeves’ fintech strategy faces criticism from industry founders. Over a third of fintech founders criticised the UK Treasury’s approach, with some considering relocating overseas. Concerns grow over potential tax measures in the upcoming Budget.
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UK cyber insurance claims tripled in 2024, says trade body
UK insurers paid out at least £197 million in cyber claims last year. Cyber insurance payouts by UK insurers tripled in 2024, according to the Association of British Insurers, as attacks on companies became more frequent and costly.
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Marula Mining agrees heads of terms for sale of African battery-metals arm
Marula Mining agrees heads of terms with Europa Metals. The move would see the UK-listed battery-metals company divest its African portfolio into a newly enlarged AIM and JSE-listed group.