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Lomond completes strategic sale with Womble Bond Dickinson. The transaction follows Lomond’s landmark acquisition of Kinleigh Folkard & Hayward earlier this year, underscoring the company’s expanding national property footprint and the continued legal partnership between Lomond and Womble Bond Dickinson.
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Customer engagement in the financial sector is evolving at speed. Jon Burghart, Chief Revenue Officer at AnywhereNow, examines how legacy systems, fragmented data, and overstretched teams are redefining how banks serve their customers. The winners will be those who unify people, technology, and data into one strategy.
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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.