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Alacrity opens London Market base for US claims oversight work. The launch gives Lloyd’s carriers access to delegated US claims handling backed by London Market reporting and governance.
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Tradespeople face fresh tax admin as living costs climb further. Tradesman Saver says many sole traders still handle their own accounts, even as Making Tax Digital brings quarterly updates and digital record-keeping into scope for more taxpayers.
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UK SMEs are losing revenue to payment failures and churn. Access PaySuite says the average annual hit is £159,500, as finance teams spend hours each week chasing preventable failures, abandoned checkouts, and customer losses.
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Co-sourcing is fast becoming a cost-effective choice for businesses in the financial sector and beyond. Russell Gammon, chief innovation officer at UK-based Tax Systems explains why.
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Mojo says AI is helping advisers scale mortgage broking faster. Verified filings show revenue reached £14.2 million in 2024, as the UK mortgage market enters a remortgage-heavy period shaped by affordability pressure, renewed demand, and a wider push for technology-enabled advice with human oversight.
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Sole traders are increasingly asking AI for support with tax. Starling’s research suggests speed is driving adoption as new HMRC digital reporting rules push sole traders towards faster, simpler, and more integrated financial workflows.
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Treasury faces a pre-action challenge over Motability scheme changes today. The proposed judicial review targets Budget-era policy changes that will cut mileage allowances and raise excess-mileage charges for new orders from July, framing the issue as one of equality, independence, and lawful decision-making.
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Access PaySuite says SMEs are leaking revenue through payments friction. New research puts average annual losses at £159,500 per business across the UK.
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Conflict has made quarterly earnings harder to read this year. Shell and Exxon have shown how hedges, cargo delays, and working-capital swings can leave reported performance out of step with underlying operations.
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SMEs are prioritising safety over returns on reserve cash balances. Flagstone says many still favour high street banks, despite lower rates and uneven FSCS coverage.