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Diginex has changed chief executives amid acquisition integration and restructuring. Archana Kotecha becomes interim CEO as the sustainability RegTech group also pursues a transaction requiring Nasdaq change-of-control approval.
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Most organisations face major change without comprehensive readiness measures beforehand. Research across 880 senior HR and people leaders associates weaker preparation with greater productivity decline and longer recovery after significant organisational change.
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Smith+Nephew is proceeding with disputed executive pay arrangements after consultation. CEO Deepak Nath has received additional share awards after remuneration resolutions attracted more than 20% opposition at the company’s May AGM.
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UK growth forecasts have improved, but business investment remains weak. The British Chambers of Commerce expects GDP to expand 1.0% this year while company investment contracts and export growth remains subdued.
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British banks are pledging riskier assets for central bank liquidity. Level C collateral used through the Bank of England’s long-term repo facility has risen sharply as lenders adapt to a financial system with fewer abundant reserves.
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BP has appointed Ian Tyler as its permanent board chair. The former Balfour Beatty chief takes the role as BP reshapes its board, portfolio, investment discipline, and balance sheet under chief executive Meg O’Neill.
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Matt Clifford is joining Anthropic to lead its international affairs. The former UK government adviser takes the role as frontier AI developers deepen their exposure to regulation, infrastructure policy, public procurement, and government scrutiny.
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UK director confidence improved in August but remained deeply negative. The IoD index rose from -63 to -49, while investment intentions remained below zero and businesses continued to report high costs and significant policy uncertainty.
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British Business Bank will anchor Zinc’s new deep-tech investment fund. The Bank has agreed up to £46m for a £70m vehicle targeting 80 science-led companies across health, environment, engineering, biology, and AI.
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Government plans would give regions greater control over investment strategy. Local industrial plans, grid connections, skills, and consolidated funding are being placed within a wider devolution programme led through the new Number 10 North operation.