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Financial regulators are proposing major changes to senior management checks. The measures could save regulated companies billions while preserving individual accountability requirements.
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Fintel has expanded its software portfolio through another mortgage acquisition. Full ownership of Mortgage Brain strengthens its adviser technology and data capabilities.
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Two public investment institutions could receive substantial additional government capital. The proposed £20.4bn increase would expand financing capacity for businesses and infrastructure.
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Businesses expect AI agents to oversee substantial corporate travel spending. Conferma’s survey suggests 37% of travel budgets could be managed or authorised by AI by 2028, with significant control gaps.
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Rentokil has approved a $200m shareholder buyback amid recovery efforts. Quarterly organic revenue grew 3.4%, with slower growth in North America than in international pest control operations.
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Government reforms aim to improve Post Office compensation and appeals. More than £1.7bn has been paid, while new routes for review and further software investigation are planned.
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Sainsbury’s increased underlying profit despite reporting a substantial statutory loss. Continuing operations generated £525m in underlying operating profit, while Argos-related discontinued operations affected the statutory result.
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Pearson is extending its enterprise assessment and skills verification business. The education group completed an ITS acquisition, agreed to buy Workera and reported faster quarterly underlying growth.
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Pension trustees face fresh scrutiny of hidden artificial intelligence exposure. New guidance warns that technology, infrastructure and credit holdings can share risks despite appearing diversified.
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Barclays plans major workforce reductions while quarterly banking profits rise. Around 5,000 positions are expected to go during 2026, but approximately 1,000 had been removed by mid-year.