Category: Industry

In his first Spring Statement since becoming Chancellor of the Exchequer, Jeremy Hunt laid out his plans to ensure the UK is “the best place in Europe for companies to locate, invest and grow”.

Just fresh from an excellent update briefing on the Silicon Valley Bank situation, pulled together by Janine Hirt and the team at Innovate Finance and Hogan Lovells

Back in 2020, the Chancellor asked Ron Kalifa OBE to conduct an independent review to identify priority areas to support the UK’s fintech sector.

Last year was a tumultuous one for the crypto market, with crypto prices falling dramatically following events such as the Terra/Luna crash and the collapse of FTX.

Open banking, an initiative launched by the Competition and Markets Authority (CMA) to bring more competition to the UK’s banking industry, celebrated its sixth anniversary in January.

Describing 2022 as turbulent is a bit of an understatement. Geopolitical tensions boiled over, volatility returned with a vengeance, the great tech layoff left 200,000+ jobless, inflation exploded, investment fell off a cliff – the list goes on. It can’t get any worse, can it?

Business development and marketing teams are planning for the 12 months ahead and a big part of any sales strategy (and budget!) is events.

2022 has been a tough year for crypto. After the collapse of the Terra Luna ecosystem, multiple high profile court cases and a tsunami of layoffs, the industry was hoping for a calm final stretch to the end of the year. Cue the spectacular fallout of FTX.

After a sustained period of calm, the FX market has sprung into action in 2022. Recent volatility has exposed the shortcomings of many firms’ FX setups and there is now a movement towards digitising the entire FX workflow.

On 12 October 2022, the Electronic Trade Documents Bill was presented before parliament. It’s seen as the next step in a long road towards transitioning away from the country’s reliance on paper-based legacy systems for trade documents. So, with the bill now set to go through the House of Lords before heading to the House of Commons, what does it mean for the future of trade and digitalisation?