Insurance generates data at an extraordinary scale every day. But for all its analytical muscle, most insurers remain constrained by legacy systems and siloed data environments. Rory Yates, Global Head of Strategy at EIS, argues that industry growth requires reimagining how data is managed, shared, and operationalised.
Bank of England cuts rates, but inflation remains a threat. The narrow vote and latest projections signal a longer period of above-target inflation, with the Bank’s policymakers split and business leaders now facing a more uncertain path to normalisation.
Wireless Logic completes its first US acquisition, targeting IoT growth. The purchase of Zipit Wireless marks a strategic expansion for Wireless Logic, adding advanced multi-tier billing capabilities and a direct North American footprint as enterprise IoT markets mature.
News Corp warns Trump his books are targets for AI ‘theft’. News Corp has publicly cautioned Donald Trump that artificial intelligence tools are cannibalising the content of his books — including The Art of the Deal — as the company intensifies its calls for stronger copyright protection in the age of generative AI.
US tariffs on semiconductor and drug imports could reach 250%. Markets face uncertainty as technology and healthcare companies brace for higher costs and new supply-chain disruption in the wake of President Trump’s latest trade escalation and fragile international talks.
Spectris has accepted a £4.2 billion takeover by KKR. The agreement follows months of public bidding and multiple revised offers, marking the conclusion of a high-stakes battle between two major private equity groups and signalling renewed global interest in UK mid-cap industrials.
New powers for the Small Business Commissioner aim to tackle late payments. The average UK SME is owed more than £20,000, according to FSB data. Chronic late payment is now a defining risk, amplifying the impact of high costs, inflation, and energy prices for small businesses.
A fifth rate cut looks likely despite persistent inflation signals. With the labour market cooling and GDP contracting, the Bank appears ready to resume easing. Our read: a divided MPC will vote for a 25bps cut, with caution in its tone but confidence in direction.