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UK borrowing costs have climbed to fresh multi-year market highs. The 10-year gilt yield has reached around 5.27%, increasing pressure on fiscal headroom and the financing benchmark used across corporate debt, property, infrastructure, and transactions.
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Prudential reported stronger new business profit and higher shareholder returns. First-half new business profit reached $1.384bn as margins expanded, with an additional roughly $300m share buyback also announced.
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Basware data shows finance automation performance remains uneven globally. Its transaction-based benchmark identifies substantial gaps in autonomous processing, AI decision accuracy, payment performance, and financial controls.
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Tax advisers face a new mandatory registration deadline this autumn. HMRC’s second rollout phase covers advisers with Self Assessment or Corporation Tax accounts but without an agent services account, with registration required by 18 November.
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Late-paid DBT invoices totalled £28.2m across three recent years. Freedom of Information figures show 1,449 invoices were paid late between April 2023 and May 2026 as government tightens wider payment rules.
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Ingenico has secured new capital to reset its balance sheet. A PIMCO-led investor group is providing €150m as the payments company increases investment in products, cloud infrastructure, and customer support.
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EU bankruptcies rose while new business registrations slipped last quarter. Eurostat recorded a 5.7% increase in bankruptcy declarations alongside a 0.5% decline in registrations, with substantial differences between sectors.
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JPMorgan chief Jamie Dimon has renewed warnings on bank taxation. His intervention comes as Chancellor John Healey prepares for an October Budget and financial-services groups argue that higher sector-specific taxes could weaken investment and employment in the UK.
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Entain’s UK growth offset pressure from higher online gambling taxes. UK and Ireland net gaming revenue rose 8%, but group underlying EBITDA fell 2% as increased tax costs weighed on earnings.
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Higher UK growth has reinforced Huw Pill’s case for rates. The Bank of England chief economist has linked stronger second-quarter GDP to his argument for tighter policy as the MPC remains divided over inflation risks.