07/22/2020
Climbing Mountains Safely, Speech given by Sarah Breeden
Building on remarks given at the PRA Annual Conference for Chairs of the Non-Systemic UK Banks and Building Societies on 6 July 2020
Comment, Analysis & Research
07/21/2020
Press comment: Sheer scale of borrowing shows no sign of abating
There are going to be big decisions in Whitehall about how we emerge and if tax cuts or hikes are the most appropriate way forward.
07/21/2020
USD15 trillion to be passed to Millennials, Gen X and Y in the next decade
This equates to more than USD15 trillion – which is higher than China’s annual GDP. Regionally, 41 per cent of this wealth will be transferred from the Americas, 32 per cent from EMEA and 27.5 per cent from Asia-Pacific.
07/21/2020
EU Leaders Finally Strike A Recovery And Resilience Deal
In detail, the plan will provide for the disbursement of EUR 750 bn over three years
07/21/2020
73% of advisers say remote working hitting new client search
A Twitter Poll for Financial Planning Today this week suggests that one in four planners have seen clients in the past few months. You can vote in the poll here: Financial Planning Today Twitter Poll
07/20/2020
Coronavirus will accelerate adoption of digital banking
As with other industries, banks have had to ensure business continuity and seamless business operations while dealing with staff working remotely and reduced staffing levels as employees fall ill or face travel restrictions.
07/19/2020
Trio of Lloyds' top bankers emerge as potential successors to outgoing boss Antonio Horta-Osorio
Its next boss will spearhead efforts to support the British economy in the aftermath of the coronavirus crisis.
07/17/2020
Research: AI in Customer Experience
AI-enabled customer interactions more than double since 2018
07/17/2020
Reopening with Caution to Avoid Liability Risks
If proper measures aren’t taken, companies may face liability for failing to keep their workers or customers safe.
07/16/2020
Evolution not revolution in Capital Gains Tax review
The Chancellor needs to find ways to pay for the pandemic, and tens of billions saved from a single tax relief would be seriously welcome.
07/16/2020
What’s next for small businesses?
As we emerge from lockdown, business owners are facing a very different world. So how exactly can entrepreneurs navigate these uncharted waters?
07/16/2020
Accelerated master trust adoption set to define DC scheme development in the next two years
The increased use of master trusts has been at the expense of Trust-based DC schemes.
07/15/2020
UK tax gap increases for wealthy individuals but record low for large businesses
HMRC has a real focus on domicile and residence of high net worth individuals at present, and believes it is missing out on tax that should be paid by internationally-mobile executives.
07/14/2020
Covid-19 creates numerous use cases for the Internet of Things but… Are they legal?
To control any exponential spread of Covid-19, the solution is understanding where, how long, and who are symptomatic people congregate.
07/14/2020
Just 12% of young women are seeking financial advice versus men of the same age
Our Women and Money campaign has always been about finding tangible solutions to the obstacles faced by women when it comes to investing. Turning our attention to the role of financial advice seemed a natural step in our campaign journey.
07/14/2020
Canary Wharf could become the World’s biggest tech hub
The pandemic is simply finishing off the job for bank bosses as head counts were declining and layoffs common place – a total of 6m sq ft of office space has been lost in the last 9 years.
07/14/2020
Libor: Entering the Endgame by Andrew Bailey
Speech given by Andrew Bailey Governor of the Bank of England
07/14/2020
Monaco takes pole position in the property price Grand Prix
Monaco is arguably the jewel in the crown of the Formula One calendar and the same could be said in terms of its position in the global property market.
07/14/2020
Financial markets have become immune to corona
Corporate earnings are not completely decoupled from the underlying economy. In this respect, it is worth keeping track of macroeconomic trends.
07/13/2020
Is Anyone Listening to Dr Fauci? by Gary Dugan
Banks globally have rightfully won plaudits for learning the harsh lessons of 2009 by shoring up their balance sheets and generally dealing with risk and leverage more sensibly this time around.