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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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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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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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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 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.
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The ECB has outlined plans to streamline bank supervision. The European Central Bank moved to simplify oversight for smaller lenders while rejecting calls to loosen capital buffers, underscoring its focus on resilience as the EU’s revised banking framework approaches implementation next year.
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UK GDP fell by 0.1 per cent in the three months to October. The contraction — driven by weakness in services and construction — surprised analysts who had expected flat growth. It marks the first quarterly decline in nearly two years and tests the government’s post-Budget growth agenda.
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NatWest exceeds its £2 billion target two years early. The bank has lent £2.84 billion to more than 55,000 female-led businesses, reflecting continued growth in women’s entrepreneurship and demand for tailored finance across the UK.
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Cloud costs now average 10% of revenue. Start-ups and SaaS companies are putting finance teams in charge as spending volatility turns cloud into a major profit risk. New research by Cloud Capital shows 89% of CFOs report margin erosion and 97% have formalised cloud governance.
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Revolut Business has opened the waitlist for Titan. Designed for modern, high-growth teams, the ultra-premium Visa-powered card offers travel, lifestyle, and productivity benefits within a single spend management platform. It launches for UK businesses early next year.