UK employees are projected to see their wages rise faster than inflation for the first time since the pandemic, a new report reveals.The 3R Strategy’s Global…
Browsing: financial services
Tesco has finalized the sale of its banking operations, entering an exclusive partnership with Barclays.The alliance aims to offer Tesco-branded financial services harnessing Barclays’ expertise.High Court…
A growing trend among UK companies is the increased outsourcing of back-office functions.71% of large UK companies aim to expand their outsourcing efforts in the next…
Sainsbury’s makes a strategic move by selling its Argos credit card portfolio to NewDay Group for £720 million.The deal aligns with the expected net value of…
Britain’s Financial Conduct Authority (FCA) is spearheading an initiative to explore artificial intelligence (AI) in financial services, introducing an innovative AI lab.The AI lab will unite…
John Lewis has reintroduced personal loans, enhancing its financial services spectrum.In partnership with Zopa, John Lewis offers loans from £1,000 to £35,000.Loans are available on the…
The Very Group partners with top banks to explore a potential sale, marking a shift in ownership dynamics.Barclays, JP Morgan, and Morgan Stanley are appointed to…
A wave of new technologies is reshaping financial services, demanding a strong culture of innovation.Institutions face challenges in digital transformation due to resistance to change.An innovative…
Revolut reaches a significant milestone with 10 million customers in the UK, showcasing its prominence in the fintech industry.The company added approximately 2 million new customers…
The recent survey by the Department for Science, Innovation and Technology highlights the growing concern of Artificial Intelligence (AI) potentially taking over jobs. 45% of UK…